How to buy New Relic (NEWR) stock

New Relic, Inc is a software-infrastructure business based in the US. New Relic shares (NEWR) are listed on the NYSE and all prices are listed in US Dollars. New Relic employs 2,168 staff and has a trailing 12-month revenue of around 0.00.

New Relic stock price (NYSE: NEWR)

Use our graph to track the performance of NEWR stocks over time.

New Relic shares at a glance

• Key figures

Information last updated 2021-07-22.

Latest market close	$62.68
52-week range	$51.52 - $81.10
50-day moving average	$67.26
200-day moving average	$65.48
Wall St. target price	$69.60
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-0.88

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Is it a good time to buy New Relic stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of New Relic, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

New Relic price performance over time

Historical closes compared with the close of $62.68 from 2021-05-28

1 week (2021-07-15)	N/A
1 month (2021-06-25)	-9.86%
3 months (2021-04-26)	-5.53%
6 months (2021-01-22)	N/A

1 year (2020-07-22)	N/A
2 years (2019-07-22)	N/A
3 years (2018-07-22)	N/A
5 years (2016-07-22)	N/A

Is New Relic under- or over-valued?

Valuing New Relic stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New Relic's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

New Relic's PEG ratio

New Relic's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 220.4444. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into New Relic's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

New Relic financials

Revenue TTM	$667.6 million
Gross profit TTM	$486.1 million
Return on assets TTM	-8.02%
Return on equity TTM	-47.15%
Profit margin	-28.85%
Book value	$6.49
Market capitalisation	$4.4 billion

TTM: trailing 12 months

Shorting New Relic shares

There are currently 4.7 million New Relic shares held short by investors – that's known as New Relic's "short interest". This figure is 35.9% down from 7.3 million last month.

There are a few different ways that this level of interest in shorting New Relic shares can be evaluated.

New Relic's "short interest ratio" (SIR)

New Relic's "short interest ratio" (SIR) is the quantity of New Relic shares currently shorted divided by the average quantity of New Relic shares traded daily (recently around 539556.25). New Relic's SIR currently stands at 8.64. In other words for every 100,000 New Relic shares traded daily on the market, roughly 8640 shares are currently held short.

However New Relic's short interest can also be evaluated against the total number of New Relic shares, or, against the total number of tradable New Relic shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case New Relic's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 New Relic shares in existence, roughly 70 shares are currently held short) or 0.1116% of the tradable shares (for every 100,000 tradable New Relic shares, roughly 112 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against New Relic.

Find out more about how you can short New Relic stock.

New Relic share dividends

We're not expecting New Relic to pay a dividend over the next 12 months.

New Relic share price volatility

Over the last 12 months, New Relic's shares have ranged in value from as little as $51.52 up to $81.1. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while New Relic's is 0.8613. This would suggest that New Relic's shares are less volatile than average (for this exchange).

New Relic overview

New Relic, Inc. , a software-as-a-service company, provides platform for engineers to plan, build, deploy, and operate software worldwide. It offers a suite of products on its open and extensible cloud-based platform, New Relic One Platform, which enables users to collect, store, and analyze telemetry data flowing through and about their software. The company also provides prebuilt dashboards and visualizations, as well as the ability to search across data types, create customized dashboards, and build applications that can be shared and customized by other users. In addition, it offers customers with software code to add to their applications and infrastructure; open data application performance interfaces, and software development kits, as well as open source connectors and technologies for customers, partners, and third-party developers to extend its platform into their products; cloud-based architecture and big data database; and New Relic Application Performance Monitoring, Mobile, Browser, Synthetics, Infrastructure, and Insights products for analyzing data. Further, the company provides New Relic chart builder, dashboards, and programmability features that allow customers to use connected data to build visuals; New Relic Applied Intelligence to spot abnormal behavior across billions of pieces of data; and New Relic Alerts, which provides a centralized notification system. It sells its products through direct sales organizations, and online and offline sales.

Frequently asked questions

What percentage of New Relic is owned by insiders or institutions?
Currently 13.017% of New Relic shares are held by insiders and 90.314% by institutions. How many people work for New Relic?
Latest data suggests 2,168 work at New Relic. When does the fiscal year end for New Relic?
New Relic's fiscal year ends in March. Where is New Relic based?
New Relic's address is: 188 Spear Street, San Francisco, CA, United States, 94105 What is New Relic's ISIN number?
New Relic's international securities identification number is: US64829B1008 What is New Relic's CUSIP number?
New Relic's Committee on Uniform Securities Identification Procedures number is: 64829B100