NYT

New York TimesD

NYSE / Media & Entertainment

At close

2026-07-23

Current thesis

Primary-source earnings evidence improved: digital-only subscriber adds of about 310,000, ARPU growth, 31.6% digital ad growth, and margin expansion argue the bundle-plus-news model is still scaling [#8-K-2026-05-06]. Post-print analyst reaction was also supportive, with reported target increases from Deutsche Bank to $95 from $75, Morgan Stanley to $90 from $68, Evercore ISI to $92 from $75, and Guggenheim to $70 from $63.

Posture

Defensive

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta +0.8.

What can break

Higher journalism, marketing, cloud, and subscriber-servicing costs could pressure margin if revenue growth cools [#8-K-2026-05-06].

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $80.00 · Bull $89.00 · Bear $69.00

Data freshness

Prices

As of 2026-07-23

Fundamentals

As of 2026-07-22 • Vendor: Data Vendor v1

Scores

As of 2026-07-23 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-08 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-23

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $83.44

Why

Momentum27 · Δ7d -2.8

Value53 · Δ7d +0.8

Sentiment59 · Δ7d +2.2

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendSoftening

Δ7d

-2.8

Δ21d

-1.6

Value

39% active weight

Current posture

7d trendFlat

Δ7d

+0.8

Δ21d

+0.3

Sentiment

34% active weight

Current posture

7d trendImproving

Δ7d

+2.2

Δ21d

-4.5

Why this grade

Composite grade D. Momentum 27.2 / Value 52.8 / Sentiment 59.2

Fundamentals (TTM)

As of 2026-07-22

Market Cap

$11.81B

Beta

1.11

Shares Out

161.86M

P/E (TTM)

34.2

P/S (TTM)

4.14

P/FCF (TTM)

26.22

Rev YoY

+12.0%

EPS YoY

+77.5%

Gross Margin

+48.2%

Op Margin

+15.0%

Net Debt

-$593.44M

Current Ratio

1.60

As of 2026-07-23 • Updated nightlySource: Internal modelMethodology