New Relic, Inc. (NEWR) Social Stream
NEW RELIC INC (NEWR) Price Targets From Analysts
Use the tables below to see what analysts covering NEW RELIC INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 8 | $150 | $75 | $112.25 | $60.06 | 86.9% |
| 2022-01-18 | 9 | $150 | $75 | $115.333 | $60.06 | 92.03% |
| 2022-01-25 | 9 | $150 | $75 | $117.888 | $60.06 | 96.28% |
| 2022-02-03 | 9 | $150 | $75 | $118.777 | $60.06 | 97.76% |
| 2022-02-09 | 8 | $150 | $75 | $124.125 | $60.06 | 106.67% |
| 2022-02-10 | 8 | $150 | $75 | $121.75 | $60.06 | 102.71% |
| 2022-03-24 | 8 | $150 | $75 | $120.5 | $60.06 | 100.63% |
| 2022-05-02 | 8 | $150 | $80 | $123 | $60.06 | 104.8% |
| 2022-05-13 | 8 | $150 | $45 | $109.857 | $60.06 | 82.91% |
| 2022-05-19 | 8 | $150 | $45 | $81.666 | $60.06 | 35.97% |
| 2022-07-27 | 8 | $131 | $50 | $75.333 | $60.06 | 25.43% |
| 2022-08-05 | 7 | $131 | $50 | $75.333 | $60.06 | 25.43% |
| 2022-08-08 | 7 | $131 | $62 | $79.333 | $60.06 | 32.09% |
| 2022-08-18 | 9 | $131 | $62 | $79.333 | $60.06 | 32.09% |
The Trend in the Analyst Price Target
Over the past 27 months, NEWR's average price target has gone up $8.26.
Over the past 40 weeks, NEWR's average upside potential has been 37.48%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-12-10 | 9 | 150 | 75 | 115.333 | 101.87 | 13.22% |
| 2022-01-25 | 9 | 150 | 75 | 117.888 | 104.78 | 12.51% |
| 2022-02-10 | 8 | 150 | 75 | 121.750 | 76.56 | 59.03% |
| 2022-08-08 | 7 | 131 | 62 | 79.333 | 67.17 | 18.11% |
| 2022-08-18 | 9 | 131 | 62 | 79.333 | 64.96 | 22.13% |
NEWR Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.11 | 4 | 0 | 5 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
Over the past 153 days, NEWR's average broker recommendation rating worsened by 0.12.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In the context of all US stocks, NEW RELIC INC's variance in analysts' estimates is lower than -1294.24% of them.
- To contextualize these metrics, consider that out of all US stocks, NEW RELIC INC's average analyst price target is higher than 1327.76% of them.
- NEW RELIC INC's upside potential (average analyst target price relative to current price) is greater than 1040.76% of stocks in the mid market cap category.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, NEW RELIC INC's number of analysts covering the stock is higher than 1107.88% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to NEW RELIC INC are NCNO, NATI, and NABL.
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