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New York Times Company(NYT)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
2-STAR RATING
WEAK BUY
BUY for 11 days
PROFIT SINCE LAST BUY
+2.14% ▲
LAST CLOSE
$72.17
11/09/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for NYT

11/09/2026: NYT (2-star) has a low Upturn Star Rating. Not recommended to BUY.

The New York Times Company is a leading digital-first media organization known for its authoritative news reporting and diversified lifestyle subscription products. Its primary strength lies in its successful transition to a recurring subscription-based business model, which has significantly reduced volatility. The main growth opportunity resides in bundling its Games, Cooking, and Wirecutter services to boost subscriber retention and revenue per user. However, investors must monitor risks related to intense competition for consumer attention from social media platforms and the potential for shifts in traffic-driving algorithms. The stock may suit growth-oriented investors looking for a high-quality brand, though they should be mindful of the premium valuation and digital-execution requirements.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company has proven success in scaling its digital subscription platform.
Momentum investorMixed fitMomentum is conditional on consistent subscriber growth signals in quarterly reports.
Value investorMixed fitThe valuation often trades at a premium due to the stability of recurring revenue.
Dividend investorMixed fitIt provides a modest dividend but is not primarily a high-yield play.
Low-risk investorMixed fitWhile it is a stable franchise, the transition to digital subjects it to evolving technology and platform risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe stock can react sharply to subscriber growth metrics.
Valuation riskMediumInvestors often pay a premium for the subscription-based business model.
Competition risk (Digital Platform competition)HighHeavy competition for consumer time from non-traditional news sources and social media.
Business qualityStrongThe brand is highly recognizable and possesses a large, loyal subscriber base.
Dividend incomeLowDividends are reliable but represent a small portion of total shareholder return.
Execution riskMediumSuccess relies on continuously evolving the digital product experience to maintain retention.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 26.31%
Avg. Invested days 49
Today’s Advisory WEAK BUY
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/09/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
NYT receives a 4-star rating, supported by solid unit economics, solid company fundamentals, and solid analyst coverage. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
NYT has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and strong ownership. In FY2025 versus FY2024, solid earnings growth (+17.1%) and strong cash generation (FCF margin 19.5%) are partially offset by moderate revenue growth (+9.2%).

Financial Health Rating

★★★★★
NYT's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 12.1%). Profitability is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is NYT's strongest growth driver at +44.4% FY2025 versus FY2024 (strong, 5 stars). By comparison, earnings growth (+17.1%, solid) is also solid, while revenue growth (+9.2%, moderate) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 95.9% and approximately 83.1% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 11.39% supports management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 9.84%
Berkshire Hathaway Inc 9.82%
AQR Capital Management LLC 5.66%
Linonia Partnership LP 5.65%
T. Rowe Price Investment Management,Inc. 5.04%

Unit Economics (Per $1K Revenue)

★★★★★
NYT generates approximately $508 of gross profit, $160 of operating income, and $195 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Solid margins and strong cash conversion support the rating, although capital efficiency remains solid.

Economic Dimensions

★★★★★
Effective Tax Rate: 23.77%

Quantitative Style Profile

★★★★★
NYT has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Quality TiltLarge / Mega Cap StabilityShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 11.54B USD
Price to earnings Ratio 28.87
1Y Target Price 77
Price to earnings Ratio 28.87
1Y Target Price 77
Volume (30-day avg) 2.5M shares
Beta 0.86
52 Weeks Range 58.31 - 86.52
Updated Date 11/09/2026
52 Weeks Range 58.31 - 86.52
Updated Date 11/09/2026
Dividends yield (FY) 1.27%
Basic EPS (TTM) 2.5

How Company Makes Money

Business areaWhat it includesRetail investor read
Digital SubscriptionsAccess to The New York Times, Games, Cooking, and Wirecutter.The primary engine for recurring revenue growth.
AdvertisingPrint and digital ads.Secondary, more cyclical revenue stream.
Print SubscriptionsHome delivery of the physical newspaper.A legacy business that is gradually declining.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2026-11-04
When Before Market
Estimate 0.65
Actual 0.68

Profitability

Profit Margin 13.54%
Operating Margin (TTM) 16.26%

Management Effectiveness

Return on Assets (TTM) 10.6%
Return on Equity (TTM) 20.3%

Valuation

Trailing PE 28.87
Forward PE 22.08
Enterprise Value 10.33B
Price to Sales(TTM) 3.82
Enterprise Value 10.33B
Price to Sales(TTM) 3.82
Enterprise Value to Revenue 3.39
Enterprise Value to EBITDA 16.79
Shares Outstanding 159.12M
Shares Floating 132.29M
Shares Outstanding 159.12M
Shares Floating 132.29M
Percent Insiders 11.39
Percent Institutions 95.94

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.