NYSE: NYT · Publishing
New York Times (NYT) fair value: undervalued or overvalued?
As of 31 Oct 2026, Faircurve's model values New York Times (NYT) at $68.89 a share. The stock last closed at $65.57, which puts the model's fair value 5.1% above the price. On the model's bands that reads as Fairly valued.
Revalued . Price is the close of 5 Nov 2026. The New York Times Company.
The report adds the live price, the chart against the range the options market prices, the next earnings date and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 31 Oct 2026 held the fair value at $68.89, within 1% of the run of 24 Oct 2026.
What the model makes of itThe price of $65.57 is 5.1% below it: Fairly valued, on a medium evidence grade.
What's nextNext report on 3 Feb 2027. Options prices imply a move of about 11% either way over the next month. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give NYT?
The calibrated range for NYT over 63 trading days is $58.31 to $75.74. It sits around the last close, and its width comes from the volatility that NYT's own options imply (39% a year), calibrated weekly against realised prices (n = 6,661 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $51.83 to $91.13. In 48% of the simulations the fair value came out above the price the model ran on.
Faircurve Insights · 31 Oct 2026
The New York Times Company furnishes news and vital information through digital and traditional media to a worldwide readership and viewership. It sits in Communication Services, within Publishing.
Faircurve's model put the fair value at $68.89 a share on 31 Oct 2026, the midpoint of 2,000 simulations. The previous run, on 24 Oct 2026, gave $68.99, so the fair value moved -0.1%. The calibrated range over 63 trading days runs from $60.32 to $74.97. It is built from the volatility the stock's own options imply and calibrated weekly against realised prices. Ranges built this way held the price 60% of the time at this horizon, across 6,661 past valuations. The evidence grade is Medium. It reflects input completeness, the number of comparable companies and how closely they agree, and the spread of outcomes. It does not say whether the fair value is right.
The model's overall quality score is 86 out of 100 against comparable companies. Profitability scores 100, with ROIC of 21.0% against a peer median of 7.3%. Earnings quality scores 95, with FCF / net income of 1.59x against a peer median of 1.42x. The model compares the company with News Corporation (NWS), Pinterest, Inc. (PINS), Madison Square Garden Sports Corp. (MSGS) and Skydance Corporation (SKYD).
Written from the figures on this page for the 31 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
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When does NYT report earnings, and how has the stock reacted?
New York Times's next earnings report is scheduled for 3 Feb 2027. Companies can move their dates.
Options prices on 5 Nov 2026 imply a move of about 6.0% in either direction through the nearest expiry, about 14 days out. That is the size the market is pricing, not a direction. NYT's 30 day implied volatility works out to about 11.4% over one month.
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across NYT's last 8 reports, ignoring direction, was 5.3%.
What the options market has priced for a month's move in NYT
How does NYT score on business quality?
New York Times's overall quality score is 86 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 100 | 21.0%ROIC | 7.3% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 95 | 1.59xFCF / net income | 1.42x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analysts' rating changes. | 78 | 9.2%Revenue growth, trailing | 3.8% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 64 | 0.6%Net buybacks / market value | 4.3% |
| Balance sheetNet debt to EBITDA and interest coverage. | 95 | -0.39xNet debt / EBITDA | 0.79x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 55 | 1.3 ptsEBITDA margin downside volatility, 5y | 0.9 pts |
How does NYT compare with similar companies?
The companies in publishing closest to New York Times in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| NWSA News Corporation | $26.48 | $24.77 | -6.5% | Low evidence grade |
| NWS News Corporation | $28.97 | $27.04 | -6.7% | Low evidence grade |
| SCHL Scholastic Corporation | $36.86 | $36.81 | -0.1% | Low evidence grade |
| PINS Pinterest, Inc. | $19.79 | $24.46 | +23.6% | Undervalued |
| TKO TKO Group Holdings, Inc. | $189.14 | $229.43 | +21.3% | Low evidence grade |
| MTCH Match Group, Inc. | $39.16 | $40.00 | +2.1% | Low evidence grade |
| MSGS Madison Square Garden Sports Corp. | $314.84 | $353.90 | +12.4% | Fairly valued |
| SKYD Skydance Corporation | $8.15 | $11.08 | +36.0% | Undervalued |
What the comparable companies' multiples alone would give for NYT, the peer-implied price, is $63.65 a share on this run. The fair value weighs that against the company's own multiple.
All communication services stocks ranked by gap to fair value
New York Times at a glance
The New York Times Company, in conjunction with its subsidiaries, furnishes news and vital information to a worldwide readership and viewership through a diverse array of digital and traditional media.
- Market value
- $11.3B
- Sector
- Communication Services
- Industry
- Publishing
- Revenue expected, next twelve months
- $3.3B
- Consensus revenue growth, next fiscal year
- +10.1%
- Analysts with estimates
- 5
- Beta to the US market
- -0.13
- First valued by Faircurve
- 11 Jul 2026
At the close of 5 Nov 2026, 55.1% of the 1,060 graded US stocks the model covers traded below the model's fair value. NYT was among them.
How the fair value is worked out: the model prices New York Times on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 24 Oct 2026 the model's fair value for NYT was $68.99. As of 31 Oct 2026 it is $68.89, a change of -0.1%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about New York Times's valuation
Is New York Times stock undervalued or overvalued?
On Faircurve's model, NYT reads as Fairly valued as of 31 Oct 2026. The model's fair value is $68.89 a share against a last close of $65.57, a gap of +5.1%.
What is NYT's fair value?
$68.89 a share as of 31 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $51.83 to $91.13.
What price range does the model give NYT?
$58.31 to $75.74 over 63 trading days. Ranges built this way held the price 60% of the time across 6,661 past valuations, refreshed 31 Oct 2026.
When does New York Times report earnings next?
The next report is scheduled for 3 Feb 2027. Companies can move their dates.
How much has NYT moved on past earnings reports?
Across its last 8 reports the median two session move was 5.3%, ignoring direction. The largest was -14.3% around the report of 5 Aug 2026.
How confident is the model in this valuation?
The model's evidence grade for NYT is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on NYT
The model holds no idea open on NYT today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on NYT with their outcomes. A free account is enough.