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NEWR

NEWR - New Relic Inc Stock Price, Fair Value and News

1453.51USD Delayed

Market Summary

NEWR
USD1453.51
Delayed

NEWR Stock Price

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NEWR RSI Chart

NEWR Valuation

Market Cap

103.2B

Price/Earnings (Trailing)

-714.84

Price/Sales (Trailing)

106.69

EV/EBITDA

-1.6K

Price/Free Cashflow

1.1K

NEWR Price/Sales (Trailing)

NEWR Profitability

Operating Margin

76.76%

EBT Margin

-12.73%

Return on Equity

-37.27%

Return on Assets

-16.14%

Free Cashflow Yield

0.09%

NEWR Fundamentals

NEWR Revenue

Revenue (TTM)

967.6M

Rev. Growth (Yr)

6.98%

Rev. Growth (Qtr)

0.05%

NEWR Earnings

Earnings (TTM)

-144.4M

Earnings Growth (Yr)

49.22%

Earnings Growth (Qtr)

36.54%

Breaking Down NEWR Revenue

Last 90 days

1571.9%

Trailing 12 Months

1891.9%

How does NEWR drawdown profile look like?

NEWR Financial Health

Current Ratio

1.58

NEWR Investor Care

Shares Dilution (1Y)

3.93%

Diluted EPS (TTM)

-2.1

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023925.6M951.8M967.6M0
2022785.5M821.5M852.7M888.9M
2021667.6M685.5M715.2M752.4M
2020599.5M621.1M641.3M654.6M
2019479.2M512.0M542.9M572.0M
2018355.1M383.2M413.4M445.6M
2017263.5M285.0M306.2M329.9M
2016181.3M201.8M222.3M242.6M
2015110.4M125.9M143.5M162.2M
201463.2M75.0M86.8M98.6M
201329.7M0046.4M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of New Relic Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 08, 2023
numoto takeshi
back to issuer
-
-
-7,623
-
Nov 08, 2023
dodds mark
back to issuer
-
-
-230,591
chief revenue officer
Nov 08, 2023
lloyd thomas j.
acquired
-
-
116,449
chief legal officer, corp secy
Nov 08, 2023
staples william
acquired
-
-
573,527
chief executive officer
Nov 08, 2023
cochran hope f
back to issuer
-
-
-15,296
-
Nov 08, 2023
mahendran radhakrishnan
back to issuer
-
-
-5,059,020
-
Nov 08, 2023
jana partners management, lp
back to issuer
-
-
-3,217,810
-
Nov 08, 2023
barter david
back to issuer
-
-
-282,264
chief financial officer
Nov 08, 2023
lloyd thomas j.
back to issuer
-
-
-122,989
chief legal officer, corp secy
Nov 08, 2023
mahendran radhakrishnan
acquired
-
-
2,381
-

1–10 of 50

Which funds bought or sold NEWR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 29, 2024
Kapitalo Investimentos Ltda
sold off
-100
-3,486,880
-
-%
Mar 22, 2024
PNC Financial Services Group, Inc.
sold off
-100
-47,776
-
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
sold off
-100
-12,414,900
-
-%
Mar 11, 2024
VANGUARD GROUP INC
sold off
-100
-476,594,000
-
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
sold off
-100
-23,805,300
-
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
sold off
-100
-83,565
-
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
sold off
-100
-2,592,000
-
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
sold off
-100
-804,000
-
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
sold off
-100
-6,581,000
-
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
sold off
-100
-2,569
-
-%

1–10 of 44

Are Funds Buying or Selling NEWR?

Are funds buying NEWR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NEWR
No. of Funds

Unveiling New Relic Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
eminence capital, lp
0%
0
SC 13G/A
Nov 13, 2023
hmi capital management, l.p.
0%
0
SC 13D/A
Aug 01, 2023
hmi capital management, l.p.
7.2%
5,062,100
SC 13D/A
Feb 14, 2023
eminence capital, lp
7.5%
5,118,186
SC 13G/A
Feb 13, 2023
matrix capital management company, lp
0%
0
SC 13G/A
Feb 09, 2023
cirne lewis
10.4%
7,171,629
SC 13G/A
Feb 09, 2023
vanguard group inc
8.25%
5,639,443
SC 13G/A
Nov 17, 2022
jana partners llc
4.7%
3,212,444
SC 13D/A
Jun 21, 2022
jana partners llc
5.3%
3,529,118
SC 13D
Feb 24, 2022
blackrock inc.
4.6%
3,067,308
SC 13G/A

Recent SEC filings of New Relic Inc

View All Filings
Date Filed Form Type Document
Feb 14, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to New Relic Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
285.5B
34.9B
-3.41% 51.68%
69.02
8.19
11.18% 1888.46%
156.3B
37.3B
-3.80% 139.44%
82.84
4.19
16.95% 120.64%
50.7B
5.3B
-8.44% 20.66%
55.25
9.48
9.15% 48.14%
29.1B
2.3B
1.50% 4.52%
58.13
12.82
9.90% -4.45%
18.4B
4.5B
-9.98% -12.21%
28.9
4.07
3.06% 514.65%
MID-CAP
7.9B
620.4M
-1.93% 72.11%
2.9K
12.72
31.48% 103.97%
7.2B
4.4B
2.74% 87.60%
-21.24
1.64
7.53% 78.52%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.4B
881.7M
-9.63% 38.63%
42.16
3.84
4.64% 44.42%
2.7B
296.4M
-26.14% 0.63%
-9.95
9.12
11.14% -3.59%
2.3B
228.1M
9.35% -0.82%
25.82
9.88
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
190.8M
572.4M
-37.25% -85.17%
-0.96
0.33
-19.38% -489.49%
186.4M
119.1M
-16.27% -53.82%
-20.23
1.57
24.27% 36.31%
161.0M
31.3M
58.63% 96.98%
-27.43
5.14
4.69% 43.72%

New Relic Inc News

Latest updates
Yahoo Movies Canada12 Apr 202411:23 am

New Relic Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue0.1%243243242240227216206204196180173166166163160153146141132124115
Cost Of Revenue-3.2%53.0054.0056.0061.0065.0064.0064.0069.0064.0059.0057.0046.0045.0033.0028.0026.0025.0024.0022.0020.0018.00
Gross Profit1.0%19018818617816215314213513112111612012112913212712111711010496.00
Operating Expenses-4.8%211221241208207208198187178195170168164155159151138134126112102
  S&GA Expenses-10.6%84.0094.0010495.0096.0010410098.0093.0010395.0092.0089.0085.0090.0088.0080.0077.0072.0066.0061.00
  R&D Expenses-13.6%69.0080.0073.0069.0069.0065.0058.0053.0051.0049.0044.0046.0045.0041.0041.0038.0034.0034.0032.0026.0024.00
EBITDA Margin26.1%-0.07*-0.09*-0.12*-0.12*-0.17*-0.16*-0.18*-0.18*-0.18*-0.18*-0.11*-0.08*---------
Interest Expenses-96.5%0.000.001.001.001.001.001.001.001.001.006.006.006.006.006.006.006.006.006.006.006.00
Income Taxes-97.3%0.003.002.001.00-0.400.00-0.491.001.00-0.50-0.701.000.000.00-1.311.001.00-0.040.00-0.110.00
Earnings Before Taxes45.3%-16.67-30.49-50.56-25.50-43.89-55.98-56.88-52.82-47.56-74.51-59.61-53.35-47.55-29.82-29.87-26.84-18.46-15.59-17.16-10.29-8.31
EBT Margin19.4%-0.13*-0.16*-0.19*-0.21*-0.25*-0.26*-0.30*-0.31*-0.33*-0.34*-0.29*-0.25*---------
Net Income36.5%-23.75-37.43-57.23-26.00-46.77-50.24-55.51-62.71-53.77-78.41-61.68-53.63-47.55-29.76-27.96-27.19-18.61-15.17-16.84-10.10-8.34
Net Income Margin15.2%-0.15*-0.18*-0.19*-0.20*-0.25*-0.27*-0.32*-0.34*-0.35*-0.35*-0.29*-0.24*---------
Free Cashflow-141.6%-32.3678.0073.00-25.19-38.5742.0047.00-19.55-37.608.0026.00-9.83---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets0.4%8958911,4191,3351,3051,3351,4281,3411,2871,3281,3991,3341,2431,2521,2581,1581,1501,1531,090994960
  Current Assets0.1%6236221,1471,0369901,0261,1081,0099419661,0489799899931,000896895901914867849
    Cash Equivalents25.4%302241626507471303274246232260241211277257298179242237243194205
  Net PPE-2.8%47.0048.0049.0054.0062.0066.0068.0073.0079.0085.0091.0093.0099.0010110010510192.0081.0071.0063.00
  Goodwill0%17217217217217216416416416416414499.0045.0045.0045.0045.0042.0042.0042.0015.00-
Liabilities-7.4%4735111,0559759631,0101,083982932970981901855858866782776791738665638
  Current Liabilities-10.0%395439988902900946516405363400462385344353377299297313315246223
  Long Term Debt-------498497496496449444438433427422416411406401396
    LT Debt, Current---500499499498---------------
    LT Debt, Non Current-------498497496496449444438433427422416411406401396
Shareholder's Equity9.8%387353340342323309323337342350414432387393391374371360350326318
  Retained Earnings-2.4%-1,024-1,000-963-906-880-833-783-727-665-611-587-525-471-424-394-366-339-320-305-288-278
  Additional Paid-In Capital4.2%1,4181,3611,3121,2591,2151,1531,1141,0681,0089631,001957857813780738709679655615597
Shares Outstanding1.1%71.0070.0070.0069.0067.0066.0067.0064.0064.0063.0061.0061.00---------
Float-----3,600---4,100---3,000---2,700---3,700
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-141.0%-32,12578,30973,035-24,828-37,44643,00949,952-19,197-37,0039,87228,481-6,67312,91035,14861,753-13,8388,98836,51648,6238,6807,830
  Share Based Compensation-4.9%44,15746,43744,60240,67939,85234,88235,49037,79137,57142,18732,09936,46935,36731,20828,99426,00023,40021,188-14,76413,800
Cashflow From Investing134.1%79,87434,12136,98158,654194,182-9,936-36,64211,6877914,407-9,989-59,987-666-72,21538,450-52,514-5,176-45,389-11,320-22,485-377,594
Cashflow From Financing102.7%13,442-497,4488,9051,93210,8391,7259,55821,5518,2344,79711,1649827,7201,42413,3252,9237,6942,27112,1422,52111,687

NEWR Income Statement

2023-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Revenue$ 242,757$ 226,912$ 485,385$ 443,371
Cost of revenue52,70964,783107,149128,676
Gross profit190,048162,129378,236314,695
Operating expenses:    
Research and development69,41168,730149,721133,499
Sales and marketing84,09696,203178,115200,623
General and administrative57,02042,483103,86981,513
Total operating expenses210,527207,416431,705415,635
Loss from operations(20,479)(45,287)(53,469)(100,940)
Other income (expense):    
Interest income3,8962,4258,4893,535
Interest expense(15)(1,233)(444)(2,465)
Other income (expense), net(75)207(1,741)(2)
Loss before income taxes(16,673)(43,888)(47,165)(99,872)
Income tax provision (benefit)76(381)2,906(114)
Net loss(16,749)(43,507)(50,071)(99,758)
Net loss and adjustment attributable to redeemable non-controlling interest(7,003)(3,268)(11,112)2,744
Net loss attributable to New Relic$ (23,752)$ (46,775)$ (61,183)$ (97,014)
Net loss attributable to New Relic per share, basic (in usd per share)$ (0.34)$ (0.70)$ (0.87)$ (1.45)
Net loss attributable to New Relic per share, diluted (in usd per share)$ (0.34)$ (0.70)$ (0.87)$ (1.45)
Weighted-average shares used to compute net loss per share, basic (in shares)70,48467,20770,01866,816
Weighted-average shares used to compute net loss per share, diluted (in shares)70,48467,20770,01866,816

NEWR Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Mar. 31, 2023
Current assets:  
Cash and cash equivalents$ 301,879$ 625,727
Short-term investments134,693254,085
Accounts receivable, net of allowances of $2,257 and $3,121, respectively150,271234,287
Prepaid expenses and other current assets22,06217,747
Deferred contract acquisition costs13,84914,962
Total current assets622,7541,146,808
Property and equipment, net46,77048,509
Restricted cash5,8165,795
Goodwill172,298172,298
Intangible assets, net8,65311,603
Deferred contract acquisition costs, non-current18,2788,558
Lease right-of-use assets15,38419,678
Other assets, non-current5,0575,759
Total assets895,0101,419,008
Current liabilities:  
Accounts payable28,27729,452
Accrued compensation and benefits40,93537,552
Other current liabilities37,71939,424
Convertible senior notes, current0500,044
Deferred revenue278,628370,987
Lease liabilities9,19510,928
Total current liabilities394,754988,387
Lease liabilities, non-current33,53338,384
Deferred revenue, non-current7,0043,800
Other liabilities, non-current38,06424,897
Total liabilities473,3551,055,468
Commitments and contingencies (Note 8)
Redeemable non-controlling interest34,21723,105
Stockholders’ equity:  
Common stock, $0.001 par value; 100,000 shares authorized at September 30, 2023 and March 31, 2023; 71,284 shares and 69,786 shares issued at September 30, 2023 and March 31, 2023, respectively; and 71,024 shares and 69,526 shares outstanding at September 30, 2023 and March 31, 2023, respectively7069
Treasury stock - at cost (260 shares)(263)(263)
Additional paid-in capital1,417,5121,311,615
Accumulated other comprehensive loss(5,144)(7,432)
Accumulated deficit(1,024,737)(963,554)
Total stockholders’ equity387,438340,435
Total liabilities, redeemable non-controlling interest and stockholders’ equity$ 895,010$ 1,419,008
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 frameworks; and supports custom app development through common open-source frameworks, a library of existing applications, and a development environment. It sells its products through direct sales organizations, and online and offline sales in the United States and internationally. New Relic, Inc. was founded in 2007 and is headquartered in San Francisco, California.
 CEO
 WEBSITEnewrelic.com
 INDUSTRYSoftware - Apps
 EMPLOYEES2592

New Relic Inc Frequently Asked Questions


What is the ticker symbol for New Relic Inc? What does NEWR stand for in stocks?

NEWR is the stock ticker symbol of New Relic Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of New Relic Inc (NEWR)?

As of Thu Mar 07 2024, market cap of New Relic Inc is 103.23 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NEWR stock?

You can check NEWR's fair value in chart for subscribers.

What is the fair value of NEWR stock?

You can check NEWR's fair value in chart for subscribers. The fair value of New Relic Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of New Relic Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NEWR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is New Relic Inc a good stock to buy?

The fair value guage provides a quick view whether NEWR is over valued or under valued. Whether New Relic Inc is cheap or expensive depends on the assumptions which impact New Relic Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NEWR.

What is New Relic Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Mar 07 2024, NEWR's PE ratio (Price to Earnings) is -714.84 and Price to Sales (PS) ratio is 106.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NEWR PE ratio will change depending on the future growth rate expectations of investors.