New Relic, Inc. (NEWR) Research

New Relic, Inc. offers a software-as-a-service (SaaS) platform designed to empower customers to centralize the collection of telemetry data and glean actionable insights from it, all presented within a unified interface. This robust, cloud-native platform is designed to be open and adaptable, enabling users to efficiently acquire, store, and analyze diverse operational data. A significant offering is "New Relic Instant Observability," an open-source ecosystem of accelerated deployment kits which furnishes pre-built integrations, comprehensive dashboards, and alert configurations for approximately 450 distinct technologies and frameworks. Beyond this, the platform facilitates custom application development, supported by established open-source frameworks, an extensive library of existing applications, and a dedicated development environment. The company distributes its solutions through direct sales teams, alongside online and offline channels, catering to both domestic U.S. and international markets. Established in 2007, New Relic, Inc. is headquartered in San Francisco, California.

Market snapshot

Symbol
NEWR
Price
$86.99
Day change
+0.02%
Market cap
$6.2B
P/E ratio
-32.89x
52-week range
50.3-87.01
Sector
Technology
Industry
Software - Infrastructure
Analyst price target
$86.38

Peer companies

  • Coupa Software Incorporated (COUP)
  • Cvent Holding Corp. (CVT)
  • EngageSmart, Inc. (ESMT)
  • HashiCorp, Inc. (HCP)
  • National Instruments Corporation (NATI)
  • Nuvei Corporation (NVEI)
  • Anaplan, Inc. (PLAN)
  • Squarespace, Inc. (SQSP)

Recent insider activity

  • JANA Partners Management, LP — M-Exempt (2381 shares) on 2023-11-08
  • JANA Partners Management, LP — D-Return (2381 shares) on 2023-11-08
  • JANA Partners Management, LP — D-Return (3215426 shares) on 2023-11-08
  • JANA Partners Management, LP — M-Exempt (2381 shares) on 2023-11-08
  • Lloyd Thomas J. — M-Exempt (5717 shares) on 2023-11-08

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