New Relic, Inc. (NEWR) Social Stream
New Relic Inc (NEWR) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering New Relic Inc.
| 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 | $67.58 | 66.1% |
| 2022-01-18 | 9 | $150 | $75 | $115.333 | $67.58 | 70.66% |
| 2022-01-25 | 9 | $150 | $75 | $117.888 | $67.58 | 74.44% |
| 2022-02-03 | 9 | $150 | $75 | $118.777 | $67.58 | 75.76% |
| 2022-02-09 | 8 | $150 | $75 | $124.125 | $67.58 | 83.67% |
| 2022-02-10 | 8 | $150 | $75 | $121.75 | $67.58 | 80.16% |
The Trend in the Analyst Price Target
Over the past 15 months, NEWR's average price target has gone up $52.88.
Over the past 92 days, NEWR's average upside potential has been 14.74%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 9 | 150 | 74 | 95.125 | 118.27 | -19.57% |
| 2021-11-10 | 8 | 150 | 75 | 112.250 | 118.27 | -5.09% |
| 2022-01-18 | 9 | 150 | 75 | 115.333 | 105.99 | 8.81% |
| 2022-01-25 | 9 | 150 | 75 | 117.888 | 104.78 | 12.51% |
| 2022-02-03 | 9 | 150 | 75 | 118.777 | 99.40 | 19.49% |
NEWR Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.88 | 4 | 1 | 3 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
Over the past 22 months, NEWR's average broker recommendation rating improved by 0.23.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for NEWR as an investment opportunity.
- New Relic Inc's variance in analysts' estimates is lower than -533.82% of all US stocks.
- In the context of all US stocks, New Relic Inc's average analyst price target is higher than 614.99% of them.
- In terms of how New Relic Inc fares relative to stocks in the mid market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 560.26% of that group.
- NEWR has a greater number of analysts covering the stock than 527.8% of stocks in the mid market cap category.
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.
Is NEWR a Buy, Hold or Sell? See the POWR Ratings now!