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 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....
INVESTIGATION 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 / September 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, I...
NEW RELIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of New Relic - NEWR
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of New Relic (NYSE:...
INVESTOR ACTION NOTICE: 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 / September 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, I...
New Relic Launches Session Replay
SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, launched New Relic Session Replay to provide engineers with vital context ...
SHAREHOLDER 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 / September 18, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, I...
Mux Announces Integration with New Relic for All-in-One Streaming Video Observability
AMSTERDAM--(BUSINESS WIRE)--IBC Show – Mux, the leading provider of online video infrastructure, announced an integration with New Relic, the all-in-one observability platform for every engineer, that...
New Relic Announces Completion of “Go-Shop” Period
SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced the completion of the 45-day “go-shop” period pursuant to the terms of the p...
INVESTIGATION 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 / September 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, I...
NEWR SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation into New Relic, Inc. - Does $87 Per Share Represent Sufficient Consideration for NEWR Investors?
PHILADELPHIA , Sept. 7, 2023 /PRNewswire/ -- The law firm of Kaskela Law LLC announces that it is investigating the fairness of the recently proposed buyout of New Relic, Inc. ("New Relic") (NYSE: NEW...
New Relic Earns Spot on 2023 PEOPLE Companies That Care List
SAN FRANCISCO--(BUSINESS WIRE)-- #gptw--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, is honored by Great Place To Work® and PEOPLE magazine as one of the 2023 PEOP...
New Relic Enhances AIOps with the Industry's First AI Recommended Alerts
SAN FRANCISCO--(BUSINESS WIRE)-- #AI--New Relic announced that it has enhanced its AIOps capabilities with recommended alerts.
BUYOUT INVESTIGATION: Kaskela Law LLC Announces Investigation of New Relic (NYSE: NEWR) Buyout: Does $87.00 Per Share Represent Sufficient Cash Out Payment for NEWR Shares?
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating the fairness of the recently proposed buyout agreement of New Relic, Inc. (“New Relic”) (NYSE: NEWR) stockholders by p...
NEWR INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into the Buyout Announcement by New Relic, Inc. and Encourages Investors in New Relic to Contact the Firm
SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announces an investigation into potential breaches of fiduciary duty by the directors and officers of New Relic, Inc. (NYSE: NEWR) in conne...
NEWR INVESTIGATION ALERT: Kaskela Law LLC Announces Shareholder Investigation Launched into Fairness of $87 Per Share Proposed Buyout of New Relic Shareholders - NEWR
PHILADELPHIA , Aug. 16, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it has launched an investigation into the fairness of the recently proposed buyout of New Relic, Inc. ("New Relic") (NYSE: N...
INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates TPG Capital and Francisco Partners Buyout of New Relic, Inc. – NEWR
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of New Relic, Inc. ...
Virgin Australia Standardizes on New Relic to Enhance Online Services
SYDNEY--(BUSINESS WIRE)-- #applicationperformancemonitoring--Virgin Australia deepens its partnership with New Relic to drive enhanced customer experiences across its digital landscape.
NEWR BUYOUT ALERT: Kaskela Law LLC Announces Investigation of New Relic, Inc. (NYSE: NEWR) Buyout and Seeks Additional Cash for Investors
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating the proposed stockholder buyout of New Relic, Inc. (“New Relic”) (NYSE: NEWR) on behalf of the company's shareholders....