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NYSE: NEWR
NEW RELIC INC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NEWR

Based on 8 analysts offering 12 month price targets for NEW RELIC INC.
Min Forecast
$45.00-7.56%
Avg Forecast
$85.63+75.89%
Max Forecast
$150.00+208.13%

Should I buy or sell NEWR stock?

Based on 9 analysts offering ratings for NEW RELIC INC.
Strong Buy
Strong Buy
4 analysts 44.44%
Buy
3 analysts 33.33%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NEWR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Cowen & Co.
Top 9%
92
BuyMaintains$65.00+33.53%2022-05-13
Baird
Top 16%
85
BuyMaintains$75.00+54.07%2022-05-13
Truist Securities
Top 16%
85
Strong BuyMaintains$85.00+74.61%2022-05-13
Morgan Stanley
Top 37%
64
Strong BuyMaintains$64.00+31.47%2022-05-13
Raymond James
Bottom 7%
7
Strong BuyMaintains$70.00+43.80%2022-05-13
RBC Capital
Bottom 4%
4
HoldMaintains$45.00-7.56%2022-05-13
Needham
Bottom 5%
5
HoldDowngradesN/AN/A2022-05-13
Anonymous
Truist Securities
Strong BuyMaintains$110.00+125.97%2022-03-24
JP Morgan
Bottom 1%
1
Strong BuyUpgrades$150.00+208.13%2021-11-09
Needham
Top 6%
95
BuyMaintains$131.00+169.10%2021-11-09

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Forecast return on equity

Is NEWR forecast to generate an efficient return?
Company
-41.06%
Industry
37.11%
Market
31.09%
NEWR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NEWR forecast to generate an efficient return on assets?
Company
-9.28%
Industry
19.67%
NEWR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NEWR earnings per share forecast

What is NEWR's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$2.77
Avg 2 year Forecast
-$2.37
Avg 3 year Forecast
-$1.98

NEWR revenue forecast

What is NEWR's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$924.2M+17.65%
Avg 2 year Forecast
$1.1B+40.09%
Avg 3 year Forecast
$1.3B+61.15%
NEWR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NEWR revenue growth forecast

How is NEWR forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
17.35%
Industry
11.28%
Market
9.17%
NEWR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NEWR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NEWR vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
NEWR$48.68$85.63+75.89%Strong Buy
VRNT$51.17$70.33+37.45%Buy
KNBE$18.15$27.00+48.76%Buy
GET$1.85N/AN/A
ACIW$26.35$37.00+40.42%Buy
View Top Software Infrastructure Stocks

NEW RELIC Stock Forecast FAQ

Is NEW RELIC Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: NEWR) stock is to Strong Buy NEWR stock.

Out of 9 analysts, 4 (44.44%) are recommending NEWR as a Strong Buy, 3 (33.33%) are recommending NEWR as a Buy, 2 (22.22%) are recommending NEWR as a Hold, 0 (0%) are recommending NEWR as a Sell, and 0 (0%) are recommending NEWR as a Strong Sell.

What is NEWR's earnings growth forecast for 2023-2025?

(NYSE: NEWR) NEW RELIC's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 6.99%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.67%.

NEW RELIC's earnings in 2022 is -$250,402,000.On average, 2 Wall Street analysts forecast NEWR's earnings for 2023 to be -$185,368,854, with the lowest NEWR earnings forecast at -$195,406,879, and the highest NEWR earnings forecast at -$175,330,830. On average, 2 Wall Street analysts forecast NEWR's earnings for 2024 to be -$158,600,789, with the lowest NEWR earnings forecast at -$165,292,805, and the highest NEWR earnings forecast at -$151,908,772.

In 2025, NEWR is forecast to generate -$132,501,925 in earnings, with the lowest earnings forecast at -$144,547,554 and the highest earnings forecast at -$120,456,295.

What is NEWR's revenue growth forecast for 2023-2025?

(NYSE: NEWR) NEW RELIC's forecast annual revenue growth rate of 17.35% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.28%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.17%.

NEW RELIC's revenue in 2022 is $785,521,000.On average, 5 Wall Street analysts forecast NEWR's revenue for 2023 to be $61,847,615,569, with the lowest NEWR revenue forecast at $61,429,364,544, and the highest NEWR revenue forecast at $62,513,471,201. On average, 5 Wall Street analysts forecast NEWR's revenue for 2024 to be $73,643,365,196, with the lowest NEWR revenue forecast at $70,915,297,791, and the highest NEWR revenue forecast at $78,155,390,334.

In 2025, NEWR is forecast to generate $84,709,551,196 in revenue, with the lowest revenue forecast at $84,031,649,935 and the highest revenue forecast at $85,387,452,457.

What is NEWR's forecast return on assets (ROA) for 2023-2025?

(NYSE: NEWR) forecast ROA is -9.28%, which is lower than the forecast US Software - Infrastructure industry average of 19.67%.

What is NEWR's Price Target?

According to 8 Wall Street analysts that have issued a 1 year NEWR price target, the average NEWR price target is $85.63, with the highest NEWR stock price forecast at $150.00 and the lowest NEWR stock price forecast at $45.00.

On average, Wall Street analysts predict that NEW RELIC's share price could reach $85.63 by May 13, 2023. The average NEW RELIC stock price prediction forecasts a potential upside of 75.89% from the current NEWR share price of $48.68.

What is NEWR's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: NEWR) NEW RELIC's current Earnings Per Share (EPS) is -$3.88. On average, analysts forecast that NEWR's EPS will be -$2.77 for 2023, with the lowest EPS forecast at -$2.92, and the highest EPS forecast at -$2.62. On average, analysts forecast that NEWR's EPS will be -$2.37 for 2024, with the lowest EPS forecast at -$2.47, and the highest EPS forecast at -$2.27. In 2025, NEWR's EPS is forecast to hit -$1.98 (min: -$2.16, max: -$1.80).

What is NEWR's forecast return on equity (ROE) for 2023-2025?

(NYSE: NEWR) forecast ROE is -41.06%, which is considered weak.
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