NEWR - New Relic, Inc.
After hours:
Chart Events
Megaphone Top
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 68.21 |
| Open | 68.12 |
| Bid | 65.66 x 900 |
| Ask | 71.08 x 800 |
| Day's Range | 67.51 - 69.04 |
| 52 Week Range | 42.40 - 86.00 |
| Volume | |
| Avg. Volume | 790,792 |
| Market Cap | 4.798B |
| Beta (5Y Monthly) | 0.90 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.62 |
| Earnings Date | Aug 02, 2023 - Aug 07, 2023 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 87.50 |
Fair Value
Related Research
ReutersExclusive-Francisco Partners, TPG end talks to buy New Relic -sources
Private equity firms Francisco Partners and TPG Inc have ended talks to acquire New Relic Inc after they failed to secure enough debt financing and could not meet the business software company's valuation expectations, people familiar with the matter said. The demise of the deal negotiations underscores the challenges facing private equity firms seeking to put together leveraged buyouts. High interest rates have made debt more expensive, while concerns about an economic slowdown have made lenders more risk-averse, especially when it comes to financing technology companies such as New Relic that have strong revenue but limited cash flow.
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Simply Wall St.Calculating The Intrinsic Value Of New Relic, Inc. (NYSE:NEWR)
Key Insights Using the 2 Stage Free Cash Flow to Equity, New Relic fair value estimate is US$83.09 Current share price...
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Motley FoolNew Relic (NEWR) Q4 2023 Earnings Call Transcript
At this time, I would like to welcome everyone to the New Relic fourth quarter fiscal year 2023 earnings conference call. On the call with me are Bill Staples, our chief executive officer; and David Barter, our chief financial officer.
ZacksNew Relic (NEWR) Surpasses Q4 Earnings and Revenue Estimates
New Relic (NEWR) delivered earnings and revenue surprises of 90.91% and 0.61%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Business WireNew Relic Announces Fourth Quarter and Fiscal Year 2023 Results
SAN FRANCISCO, May 23, 2023--New Relic, Inc. (NYSE: NEWR), the all-in-one observability platform for every engineer, announced financial results for the fourth quarter and full fiscal year 2023 ended March 31, 2023.
- Investing.com
4 big deal reports: Amgen-Horizon merger on the ropes
Here is your Pro Recap of 4 head-turning deal dispatches you may have missed this week: potential block of Horizon/Amgen transaction, merger deals at Magellan Midstream/Oneok and Urstadt Biddle/Regency Centers, and New Relic’s potential $5B acquisition. InvestingPro subscribers got this news before anyone else. Horizon Therapeutics (NASDAQ:HZNP) shares plunged more than 14% on Tuesday after the report that the U.S. Federal Trade Commission (FTC) is expected to introduce a lawsuit to block the proposed $27.8 billion merger with Amgen (NASDAQ:AMGN).
Business WireNew Relic Launches New Infrastructure Monitoring To End Peak Billing And Screen Swivel
SAN FRANCISCO, May 18, 2023--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced a new, deeply integrated experience for its infrastructure monitoring and APM capabilities that correlates the health and performance of applications and hosts in real-time. Engineers, DevOps, and ITOps can now quickly diagnose application and infrastructure performance issues, and avoid context switching or missing critical insights due to siloed infrastructure monitoring too
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ZacksStrength Seen in New Relic (NEWR): Can Its 10.8% Jump Turn into More Strength?
New Relic (NEWR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Investor's Business DailyNew Relic Surges On Report Private Equity Firms Readying Bid
Shares in software maker New Relic surged just before the market close on Wednesday amid buyout speculation.
The Wall Street JournalSoftware Company New Relic in Talks to Be Sold
Private-equity firms Francisco Partners and TPG are working together on a $5 billion-plus bid to acquire software company New Relic according to people familiar with the matter. Shares of New Relic closed at $83.84 Wednesday, up 11%, after The Wall Street Journal reported the potential deal, giving the company a market value of roughly $5.8 billion. New Relic, based in San Francisco, provides observability software, which allows app owners and websites to track the performance of their services.
- Reuters
UPDATE 1-Data analytics firm New Relic in talks to be sold - WSJ
Private-equity firms Francisco Partners and TPG are working together on a more than $5 billion bid to acquire software company New Relic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Reuters had first reported in July that the U.S. business software company was preparing to explore a potential sale following interest from private equity firms. New Relic shares closed 10.8% higher at $83.84 on Wednesday.
- Reuters
TPG, Francisco Partners in talks to buy New Relic -source
(Reuters) -Private-equity firms Francisco Partners and TPG are jointly planning a bid of more than $5 billion to acquire U.S. business software company New Relic Inc, a person familiar with the matter told Reuters on Wednesday. Reuters was the first to report in July last year that New Relic was preparing to explore a potential sale following interest from private equity firms. The company has been targeted by several activist hedge funds including Jana Partners, Engaged Capital, and Eminence Capital in recent years.
Business WireNew Relic Launches AWS Systems Manager Distributor Integration
SAN FRANCISCO, May 17, 2023--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced an integration with AWS Systems Manager Distributor to provide a native experience to automatically deploy the New Relic monitoring infrastructure agent via the AWS Command Line Interface (CLI) and any AWS infrastructure-as-code (IaC) tooling to streamline observability across Amazon Web Services (AWS) environments. This streamlined experience allows engineers to perform a one
Investor's Business DailyS&P 500 Medtech Play DexCom Leads Five Stocks Near Buy Points
S&P 500 stock DexCom along with New Relic, Flywire, ASML and Kinsale Capital are in focus this week. Leading the group is the S&P 500 medical technology stock DexCom. Meanwhile, the Dow Jones Industrial Average along with the S&P 500 and other major stock indexes were down modestly Friday.
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- Simply Wall St.
Revenues Tell The Story For New Relic, Inc. (NYSE:NEWR)
With a price-to-sales (or "P/S") ratio of 5.5x New Relic, Inc. ( NYSE:NEWR ) may be sending bearish signals at the...
ZacksDatadog (DDOG) Q1 Earnings and Revenues Surpass Estimates
Datadog (DDOG) delivered earnings and revenue surprises of 16.67% and 2.87%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- Business Wire
Zomato Standardizes on New Relic
BENGALURU, India, May 03, 2023--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced that Zomato, a restaurant discovery, food ordering and delivery platform in India, has standardized on New Relic. By adopting New Relic, Zomato can continue to be highly-competitive in the food tech space and ensure high performance and reliability across its 17.4 million monthly transacting customers and 330,000 active restaurant partners in approximately 1,000 Indian citi
Business WireIntroducing New Relic Grok, the Industry’s First Generative AI Observability Assistant
SAN FRANCISCO, May 02, 2023--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced New Relic Grok, the world’s first generative AI assistant for observability. New Relic Grok reduces the toil of manually sifting through data, makes observability accessible to all regardless of prior experience, and unlocks insights from any telemetry data source. Leveraging OpenAI’s large language models (LLMs) and New Relic’s unified telemetry data platform, New Relic Grok
- Business Wire
New Relic Announces Date of Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call and Analyst Day
SAN FRANCISCO, April 24, 2023--New Relic. (NYSE: NEWR), the all-in-one observability platform for every engineer, announced it will report its financial results for its fourth quarter and fiscal year 2023, which ended March 31, 2023, after market close on Tuesday, May 23, 2023. The company will host a conference call at 2:00 p.m. PT / 5:00 p.m. ET to review the financial results and business outlook with the investment community. A live webcast and replay of the event will be available on the Ne
