New Relic, Inc. (NEWR)
| Market Cap | 6.12B |
| Revenue (ttm) | 967.64M |
| Net Income (ttm) | -144.42M |
| Shares Out | 70.30M |
| EPS (ttm) | -2.10 |
| PE Ratio | n/a |
| Forward PE | 43.99 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,418,501 |
| Open | 86.98 |
| Previous Close | 86.97 |
| Day's Range | 86.97 - 87.01 |
| 52-Week Range | 50.30 - 87.01 |
| Beta | 0.84 |
| Analysts | Hold |
| Price Target | 85.36 (-1.87%) |
| Earnings Date | Oct 27, 2023 |
About NEWR
New Relic, Inc., a software-as-a-service company, delivers a software platform for customers to collect telemetry data and derive insights from that data in a unified front-end application. It offers a suite of products on its open and extensible cloud-based platform, which enables users to collect, store, and analyze telemetry data. The company's platform also provides New Relic Instant Observability, an open-source ecosystem of quickstarts that delivers pre-built integrations, dashboards, and alerts for approximately 450 technologies and fram... [Read more]
Financial Performance
In 2022, New Relic's revenue was $925.63 million, an increase of 17.84% compared to the previous year's $785.52 million. Losses were -$180.25 million, -28.02% less than in 2021.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for NEWR stock is "Hold." The 12-month stock price forecast is $85.36, which is a decrease of -1.87% from the latest price.
News
New Relic Launches Secure Developer Alliance to Scale Security Observability
SAN FRANCISCO--(BUSINESS WIRE)-- #iast--RSA CONFERENCE — New Relic, the all-in-one observability platform for every engineer, launched Secure Developer Alliance. Industry leaders including FOSSA, Giga...
New Relic Announces Katrina Wong as Chief Marketing Officer
SAN FRANCISCO--(BUSINESS WIRE)-- #cmo--New Relic, the all-in-one observability platform for every engineer, announced Katrina Wong as the company's next Chief Marketing Officer. Wong will oversee the ...
New Relic and Atlassian Deliver the First Observability Integration for Incidents Tab in Jira
LAS VEGAS--(BUSINESS WIRE)-- #jira--ATLASSIAN TEAM ‘24 — New Relic, the all-in-one observability platform for every engineer, announced a new integration with Atlassian, a leading provider of team col...
New Relic Releases 2024 State of the Java Ecosystem Report
SAN FRANCISCO--(BUSINESS WIRE)-- #datareport--New Relic, the all-in-one observability platform for every engineer, released its fourth annual State of the Java Ecosystem report. The report is based on...
New Relic Enhances AI Monitoring, Industry's First APM for AI
SAN FRANCISCO--(BUSINESS WIRE)-- #ai--New Relic, the all-in-one observability platform for every engineer, announced the general availability of New Relic AI monitoring with a suite of powerful new fe...
Global Processing Standardizes on New Relic
SAN FRANCISCO--(BUSINESS WIRE)-- #ai--New Relic, the all-in-one observability platform for every engineer, announced that Global Processing, a digital financial services platform that supports global ...
New Relic Announces Christopher Jones as Chief Revenue Officer
SAN FRANCISCO--(BUSINESS WIRE)-- #cro--New Relic, the all-in-one observability platform for every engineer, announced Christopher Jones as the company's next Chief Revenue Officer. He will lead the co...
New Relic Named a Cloud Observability Leader by GigaOm
SAN FRANCISCO--(BUSINESS WIRE)-- #gigaom--New Relic, the all-in-one observability platform for every engineer, announced it has been named a Leader for the third year in a row and an Outperfomer in th...
New Relic Deepens Commitment to Open Source with One-Step Observability for OpenTelemetry
PARIS--(BUSINESS WIRE)-- #k8s--KUBECON EUROPE—New Relic, the all-in-one observability platform for every engineer, announced that it will now provide native support for OpenTelemetry and Prometheus-in...
New Relic Announces Ashish Agarwal as Chief Financial Officer
SAN FRANCISCO--(BUSINESS WIRE)-- #cfo--New Relic, the all-in-one observability platform for every engineer, announced Ashish Agarwal as the company's next Chief Financial Officer. Agarwal is an experi...
New Relic Announces General Availability of IAST with Industry's First Proof-of-Exploit Reporting for Application Security
SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, the all-in-one observability platform for every engineer, launched new capabilities for New Relic IAST (Interactive Application Security Testing)...
New Relic Launches Live Archives: Historical Logs with Instant Access
SAN FRANCISCO--(BUSINESS WIRE)-- #compliance--New Relic launched live archives, providing instant access and easy analysis for historical logs to help organizations manage compliance requirements.
Sentry Software Partners with New Relic to Help Organizations Track their Carbon Footprint with On-prem Infrastructure Observability
PARIS--(BUSINESS WIRE)--Sentry Software, a renowned leader in hardware and storage observability with a strong commitment to sustainable IT practices, announced an integration with New Relic, the all-...
Trek Medics Grows Emergency Response Services 9X with New Relic
SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, the all-in-one observability platform for every engineer, announced that Trek Medics, a nongovernmental organization (NGO) dedicated to improving...
New Relic Pioneers Business Observability with Pathpoint
SAN FRANCISCO--(BUSINESS WIRE)-- #businessobservability--New Relic, the all-in-one observability platform for every engineer, announced New Relic Pathpoint, a business observability solution designed ...
New Relic Recognized as a Customers' Choice in 2023 Gartner Peer Insights™ Voice of the Customer for Application Performance Monitoring and Observability
SAN FRANCISCO--(BUSINESS WIRE)-- #gartner--New Relic, the all-in-one observability platform for every engineer, announced the company has been named a Customers' Choice in the 2023 Gartner Peer Insigh...
LambdaTest Integrates with New Relic to Deliver Unmatched Test Observability
NOIDA, India & SAN FRANCISCO--(BUSINESS WIRE)-- #DigitalExperienceTesting--LambdaTest Integrates with New Relic to address challenges in observability & streamline software development for faster prod...
New Relic Appoints Ashan Willy as Chief Executive Officer
SAN FRANCISCO--(BUSINESS WIRE)--New Relic, the all-in-one observability platform for every engineer, announced that Ashan Willy has been appointed Chief Executive Officer, effective December 4. “I hav...
New Relic Launches Industry's First APM for AI
SAN FRANCISCO--(BUSINESS WIRE)-- #AImonitoring--New Relic, the all-in-one observability platform for every engineer, launched New Relic AI monitoring (AIM), the industry's first APM solution for AI-po...
Francisco Partners and TPG Complete Acquisition of New Relic
SAN FRANCISCO--(BUSINESS WIRE)--New Relic, the all-in-one observability platform for every engineer, announced that Francisco Partners and TPG have completed their all-cash acquisition of New Relic fo...
New Relic Stockholders Approve Acquisition by Francisco Partners and TPG
SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced that its stockholders have voted to approve the acquisition of New Relic by ...
New Relic Announces Second Quarter Fiscal Year 2024 Results
SAN FRANCISCO--(BUSINESS WIRE)-- #earnings--New Relic, Inc. (NYSE: NEWR), the all-in-one observability platform for every engineer, announced financial results for the second quarter of fiscal year 20...
New Relic Named an APM Leader by GigaOm
SAN FRANCISCO--(BUSINESS WIRE)-- #apm--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced it has been named a Leader in the 2023 GigaOm Radar for APM. The repo...
Shareholder Rights Firm Julie & Holleman LLP Investigates Proposed Buyout of New Relic and Encourages Investors to Contact the Firm
NEW YORK , Oct. 11, 2023 /PRNewswire/ -- Julie & Holleman LLP, a preeminent law firm focused on shareholder rights, is investigating the proposed $6.5 billion acquisition of New Relic, Inc. (NYSE: NEW...
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, Inc....