New York Times (NYT) AI Stock Analysis

• Market Cap: $8.69B
• Dividend Yield: 1.35%
• Average Volume (3M): 1.41M
• Price to Earnings (P/E): 29.1
• Beta (1Y): 0.57
• Revenue Growth: 6.85%
• EPS Growth: 21.26%
• Country: US
• Employees: 5,900
• Sector: Communication Services
• Sector Strength: 83
• Industry: Publishing
• EPS (TTM): 0.41
• Shares Outstanding: 162,269,100
• 10 Day Avg. Volume: 1,495,399
• 30 Day Avg. Volume: 1,406,094
• PEG Ratio: 10.57
• Price to Book (P/B): 4.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 20.87
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 0.84
• Enterprise Value/Gross Profit: 6.75
• Enterprise Value/Ebitda: 4.63
• 1Y Price Target: $57.83
• Price Target Upside: 8.50% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 75 Outperform
• Price Target: $61.00 ▲(14.45%Upside)

New York Times scores a solid 75, driven by strong financial performance and a positive earnings call. The strategic growth in digital revenue and subscriber base is a key strength. Technical indicators suggest a cautious outlook, and while the P/E ratio indicates overvaluation, the company's financial flexibility and dividend yield provide a balanced view for investors.

Positive Factors

Advertising Revenue

Healthy upside on digital advertising amidst increased macro concerns reflects benefit of growing inventory on non-news platforms.

Audience Expansion

Amazon Alexa's 600 million devices represent a large audience opportunity for NYT, potentially boosting its 'essential subscription' strategy by growing its audience base and engagement.

Strategic Partnerships

The announced deal with Amazon marks NYT's first commercial agreement that allows for its editorial content to be trained by AI, expanding the reach of Times journalism and content across Amazon products and services.

Negative Factors

Growth Risks

Slowing customer growth poses a risk to NYT's premium multiple, potentially impacting its financial performance.

Litigation Risks

NYT's ongoing litigation with OpenAI and Microsoft over alleged copyright infringement adds a layer of complexity to its licensing strategy.

Subscriber Growth Concerns

Risks to long-term subscriber growth guide remain a concern despite the upside to 1Q news net adds.

New York Times Business Overview & Revenue Model

Company Description

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com Website. The company also transmits articles, graphics, and photographs from The Times and other publications to approximately 1,500 newspapers, magazines, and websites; licenses electronic databases to resellers in the business, professional, and library markets; and offers magazine licensing, news digests, book development, and rights and permissions. In addition, it engages in the live events business, which hosts physical and virtual live events to connect audiences with journalists and outside thought leaders; direct-sold website, mobile application, podcast, email, and video advertisements, as well as digital advertising services; operates Wirecutter, a product review and recommendation products; develops mobile applications, including games and cooking products; prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.

How the Company Makes Money

The New York Times Company generates revenue through a diversified model that includes subscription, advertising, and other streams. Subscription revenue, which is the largest portion, comes from digital and print subscriptions to its news products, including its digital-only packages and print newspaper sales. Advertising revenue is derived from both digital and print ad sales, with digital ads becoming increasingly significant. Other revenue streams include licensing fees, affiliate revenue, and branded content. The company also benefits from strategic partnerships and acquisitions that enhance its content offerings and expand its audience reach.

New York Times Financial Statement Overview

Summary

New York Times showcases commendable financial health with strong revenue and profit growth, effective cost and cash flow management, and zero debt, significantly reducing financial risk. However, the lack of key balance sheet metrics in 2024 limits a complete picture of financial stability.

Income Statement

New York Times has demonstrated strong revenue growth, increasing from $2.42 billion in 2023 to $2.59 billion in 2024, reflecting a growth rate of 6.58%. The gross profit margin has improved to 49.37% in 2024, and the net profit margin is 11.36%, showing efficient cost management and profitability. EBIT and EBITDA margins are healthy at 13.57% and 18.03% respectively, indicating operational efficiency.

Balance Sheet

The balance sheet shows a strong position with zero total debt in 2024, reducing financial risk. However, the lack of reported stockholders' equity in 2024 limits the calculation of debt-to-equity ratio and return on equity, which could impact comprehensive financial assessment. The equity ratio in 2023 was 64.95%, reflecting solid equity base relative to assets.

Cash Flow

Operating cash flow has increased to $410.51 million, supporting a robust free cash flow of $381.34 million in 2024. The free cash flow growth rate of 12.82% from 2023 indicates strong cash generation capability. Operating cash flow to net income ratio of 1.40 suggests efficient conversion of earnings to cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.59B	2.43B	2.31B	2.07B	1.78B
Gross Profit	1.28B	1.18B	1.10B	1.04B	823.42M
EBITDA	476.46M	398.95M	328.58M	358.26M	186.86M
Net Income	293.82M	232.39M	173.91M	219.97M	100.10M
Balance Sheet
Total Assets	2.84B	2.71B	2.53B	2.56B	2.31B
Cash, Cash Equivalents and Short-Term Investments	565.92M	451.57M	347.36M	661.05M	595.16M
Total Debt	37.26M	42.91M	59.12M	63.61M	52.70M
Total Liabilities	1.04B	951.38M	933.78M	1.02B	979.58M
Stockholders Equity	1.93B	1.76B	1.60B	1.54B	1.33B
Cash Flow
Free Cash Flow	381.34M	337.95M	113.73M	234.46M	263.48M
Operating Cash Flow	410.51M	360.62M	150.69M	269.10M	297.93M
Investing Cash Flow	-306.09M	-159.69M	-73.56M	-180.81M	-199.08M
Financing Cash Flow	-192.72M	-132.71M	-174.31M	-54.95M	-44.97M

New York Times Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 53.30
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NYT, the sentiment is Negative. The current price of 53.3 is below the 20-day moving average (MA) of 55.36, below the 50-day MA of 55.17, and above the 200-day MA of 52.54, indicating a neutral trend. The MACD of -0.19 indicates Positive momentum. The RSI at 35.37 is Neutral, neither overbought nor oversold. The STOCH value of 13.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NYT.

New York Times Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NWSA	79 Outperform	$17.77B	34.98	5.88%	0.67%	-5.43%	135.46%
NYT	75 Outperform	$8.69B	29.07	16.68%	1.35%	6.85%	21.26%
NWS	73 Outperform	$17.77B	40.37	5.88%	0.58%	-5.43%	135.46%
PSO	72 Outperform	$9.06B	17.22	10.99%	2.94%	-0.59%	24.06%
SCHL	66 Neutral	$568.36M	35.74	1.92%	3.75%	-3.10%	-58.47%
Sector *	62 Neutral	$41.14B	-1.94	-12.05%	3.98%	2.10%	-69.66%
GCI	56 Neutral	$518.38M	11.61	26.63%	―	-7.04%	―

New York Times Corporate Events

New York Times Secures $400M Credit Agreement

On June 13, 2025, The New York Times Company entered into a Second Amended and Restated Credit Agreement, providing up to $400 million in revolving credit loans through June 13, 2030. This agreement includes various financial and incurrence-based covenants, allowing the company to maintain financial flexibility while ensuring compliance with leverage ratios and other conditions. The agreement permits the continuation of regular dividends and stock repurchases, provided financial covenants are met and no specified defaults occur.

The most recent analyst rating on (NYT) stock is a Hold with a $58.00 price target. To see the full list of analyst forecasts on New York Times stock, see the NYT Stock Forecast page.