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    New Relic Inc.

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    $NEWR
    Computer Software: Prepackaged Software
    Technology

    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. The company was founded in 2007 and is headquartered in San Francisco, California.

    IPO Year: 2014

    Exchange: NYSE

    Website: newrelic.com

    Peers

    $DDOG
    $SPLK
    $DT
    $ESTC
    $PD
    $SUMO

    Recent Analyst Ratings for New Relic Inc.

    DatePrice TargetRatingAnalyst
    9/15/2023$95.00 → $87.00Buy → Neutral
    DA Davidson
    5/26/2023$75.00 → $95.00Sector Perform → Outperform
    RBC Capital Mkts
    5/24/2023$90.00 → $92.00Outperform
    Robert W. Baird
    5/24/2023$100.00 → $95.00Buy
    DA Davidson
    5/24/2023$65.00 → $77.00Hold
    Truist
    4/6/2023$100.00Buy
    DA Davidson
    1/9/2023$80.00 → $55.00Buy → Hold
    Truist
    12/15/2022$68.00Neutral
    Wedbush
    10/3/2022$150.00 → $57.00Overweight → Neutral
    JP Morgan
    9/23/2022$78.00Outperform
    Credit Suisse
    See more ratings