Guggenheim Boosts New York Times (NYSE:NYT) Price Target to $70.00

New York Times (NYSE:NYT) had its price objective upped by equities researchers at Guggenheim from $63.00 to $70.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Guggenheim’s price objective suggests a potential downside of 11.86% from the stock’s current price.

A number of other equities research analysts have also issued reports on NYT. Argus raised shares of New York Times to a “strong-buy” rating in a report on Thursday, February 19th. Bank of America started coverage on shares of New York Times in a report on Wednesday, April 22nd. They set a “neutral” rating and a $84.00 target price for the company. Wall Street Zen lowered shares of New York Times from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Citigroup upped their target price on shares of New York Times from $77.00 to $94.00 and gave the stock a “buy” rating in a report on Tuesday, March 24th. Finally, Evercore reaffirmed an “outperform” rating and set a $92.00 target price on shares of New York Times in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $80.78.

New York Times Stock Down 0.9%

New York Times stock opened at $79.42 on Thursday. New York Times has a 52-week low of $51.03 and a 52-week high of $87.10. The firm has a market capitalization of $12.81 billion, a price-to-earnings ratio of 34.09, a PEG ratio of 2.11 and a beta of 0.98. The company has a fifty day simple moving average of $81.14 and a 200-day simple moving average of $72.15.

New York Times (NYSE:NYT) last released its earnings results on Wednesday, May 6th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.12. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The business had revenue of $712.24 million during the quarter, compared to analyst estimates of $699.93 million. During the same quarter in the prior year, the firm earned $0.41 earnings per share. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. On average, research analysts anticipate that New York Times will post 2.85 EPS for the current fiscal year.

Insider Transactions at New York Times

In other news, EVP William Bardeen sold 13,000 shares of New York Times stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.56, for a total transaction of $1,034,280.00. Following the transaction, the executive vice president owned 18,681 shares in the company, valued at $1,486,260.36. The trade was a 41.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Arthur G. Sulzberger sold 13,000 shares of New York Times stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.95, for a total value of $1,039,350.00. Following the transaction, the chairman owned 172,338 shares in the company, valued at approximately $13,778,423.10. This represents a 7.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 27,913 shares of company stock worth $2,214,369 in the last quarter. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NYT. Navalign LLC purchased a new position in shares of New York Times during the 4th quarter worth $25,000. Cornerstone Planning Group LLC raised its holdings in New York Times by 74.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 446 shares of the company’s stock valued at $32,000 after buying an additional 190 shares during the period. International Assets Investment Management LLC purchased a new stake in New York Times in the 4th quarter valued at about $32,000. SOA Wealth Advisors LLC. purchased a new stake in New York Times in the 4th quarter valued at about $34,000. Finally, Larson Financial Group LLC raised its holdings in New York Times by 59.6% in the 3rd quarter. Larson Financial Group LLC now owns 656 shares of the company’s stock valued at $38,000 after buying an additional 245 shares during the period. Hedge funds and other institutional investors own 95.37% of the company’s stock.

New York Times News Summary

Here are the key news stories impacting New York Times this week:

• Positive Sentiment: Zacks upgraded New York Times Company (NYT) to a Buy, citing improving earnings prospects and signaling more optimism about near-term performance. New York Times (NYT) Upgraded to Buy: Here’s Why
• Positive Sentiment: The company’s Q1 2026 results beat expectations, with revenue up 12% year over year, digital ad growth of 31.6%, and 310,000 net digital-only subscriber additions, reinforcing the strength of its digital growth story. The New York Times Q1 Earnings Beat on Digital Ads, Subscriber Growth
• Neutral Sentiment: Guggenheim raised its price target on NYT to $70 from $63, but kept a neutral rating, suggesting the shares may already reflect much of the recent good news. Benzinga report on Guggenheim price target increase
• Neutral Sentiment: Several recent New York Times articles focused on politics, war, tariffs, and public policy; these are part of the newsroom’s normal coverage and do not directly change NYT’s fundamentals. The New York Times

New York Times Company Profile

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.