|Bid||70.98 x 800|
|Ask||70.93 x 900|
|Day's range||70.79 - 73.81|
|52-week range||51.52 - 82.76|
|Beta (5Y monthly)||0.86|
|PE ratio (TTM)||N/A|
|Earnings date||03 Nov 2021 - 08 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||76.70|
SAN FRANCISCO, September 14, 2021--New Relic, Inc. (NYSE: NEWR), the observability company, released the findings of its 2021 Observability Forecast. The survey of nearly 1,300 software engineers, developers and IT leaders uncovered that while 90% of respondents believe observability is important and strategic to their business—and 94% believe it to be strategic to their role—just 26% noted mature observability practices within their business. Recognizing the importance of closing that gap, 81%
As more of the economy goes digital, plenty of companies are making the switch and end up generating significant amounts of data. Managing all that new data becomes a hassle, but it's only a small part of the broader challenge.
New Relic, Inc. ( NYSE:NEWR ), might not be a large cap stock, but it received a lot of attention from a substantial...