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NASDAQ:NTNX

Nutanix (NTNX) Stock Price, News & Analysis

$49.42
+0.07 (+0.14%)
(As of 07/26/2024 ET)
Today's Range
$49.17
$49.91
50-Day Range
$47.91
$73.37
52-Week Range
$28.49
$73.69
Volume
1.67 million shs
Average Volume
2.79 million shs
Market Capitalization
$12.19 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$72.00

Nutanix MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
45.7% Upside
$72.00 Price Target
Short Interest
Healthy
2.02% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.84
Upright™ Environmental Score
News Sentiment
0.81mentions of Nutanix in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$2.53 M Sold Last Quarter
Proj. Earnings Growth
125.00%
From $0.12 to $0.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.80 out of 5 stars

Computer And Technology Sector

44th out of 612 stocks

Prepackaged Software Industry

12th out of 202 stocks

NTNX stock logo

About Nutanix Stock (NASDAQ:NTNX)

Nutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers hyperconverged infrastructure software stack that converges virtualization, storage, and networking services into a turnkey solution; Acropolis Hypervisor, an enterprise-grade virtualization solution; flow virtual networking and flow network security, which offers services to visualize the network, automate common network operations, and build virtual private networks; Nutanix Kubernetes Engine for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments, applications, and microservices; and Nutanix Cloud Clusters. It also provides Nutanix Cloud Management that provides management, capacity planning, operational analytics, automated remediation, self-service, and one-click administration; cloud governance; and automation services that streamline application lifecycle management, provide self-service for infrastructure and applications, and deliver multicloud orchestration. In addition, the company offers Nutanix Files, an enterprise-grade network file system and server message block files services; Nutanix Objects, a S3-compatible object services; Nutanix Data Lens, a data security governance solution; and Nutanix database service that provides automated database management to simplify database administration and to manage database copies. Further, it provides product support, and consulting and implementation services. The company serves customers in a range of industries, including automotive, consumer goods, education, energy, financial services, healthcare, manufacturing, media, public sector, retail, technology, and telecommunications, as well as service providers. Nutanix, Inc. was incorporated in 2009 and is headquartered in San Jose, California.

NTNX Stock Price History

NTNX Stock News Headlines

NTNX Jan 2025 12.500 put
NTNX Jan 2025 77.500 call
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Looking Into Nutanix's Recent Short Interest
NTNX Jul 2025 60.000 put
Top 4 Tech Stocks That May Explode In July
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Nutanix: Scaling The Clouds Of Profitability
3 Stocks on the Verge of a Massive Bull Run
See More Headlines
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Company Calendar

Last Earnings
5/29/2024
Today
7/26/2024
Fiscal Year End
7/31/2024
Next Earnings (Estimated)
8/29/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:NTNX
Employees
6,450
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$72.00
High Stock Price Target
$80.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+44.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
15 Analysts

Profitability

Net Income
$-254,560,000.00
Pretax Margin
0.48%

Debt

Sales & Book Value

Annual Sales
$1.86 billion
Book Value
($2.95) per share

Miscellaneous

Free Float
245,506,000
Market Cap
$12.26 billion
Optionable
Optionable
Beta
1.16
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Key Executives


NTNX Stock Analysis - Frequently Asked Questions

How have NTNX shares performed this year?

Nutanix's stock was trading at $47.69 at the beginning of 2024. Since then, NTNX stock has increased by 3.6% and is now trading at $49.4250.
View the best growth stocks for 2024 here
.

How were Nutanix's earnings last quarter?

Nutanix, Inc. (NASDAQ:NTNX) announced its quarterly earnings results on Wednesday, May, 29th. The technology company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.12. The technology company earned $524.58 million during the quarter, compared to the consensus estimate of $516.13 million. Nutanix had a negative net margin of 0.57% and a negative trailing twelve-month return on equity of 7.74%.

What is Rajiv Ramaswami's approval rating as Nutanix's CEO?

3 employees have rated Nutanix Chief Executive Officer Rajiv Ramaswami on Glassdoor.com. Rajiv Ramaswami has an approval rating of 100% among the company's employees. This puts Rajiv Ramaswami in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When did Nutanix IPO?

Nutanix (NTNX) raised $168 million in an initial public offering (IPO) on Friday, September 30th 2016. The company issued 14,000,000 shares at a price of $11.00-$13.00 per share. Goldman Sachs, Morgan Stanley, J.P. Morgan and RBC Capital Markets served as the underwriters for the IPO and Baird, Needham & Company, Oppenheimer, Pacific Crest Securities (a division of KeyBanc Capital Markets), Piper Jaffray, Raymond James, Stifel and William Blair were co-managers.

Who are Nutanix's major shareholders?

Top institutional shareholders of Nutanix include Bank of New York Mellon Corp (0.35%), Assenagon Asset Management S.A. (0.17%), SG Americas Securities LLC (0.04%) and Raymond James & Associates (0.03%). Insiders that own company stock include Rajiv Ramaswami, Rukmini Sivaraman, David Sangster, Aaron Boynton, Craig Conway, Tyler Wall, Steven J Gomo, Christopher Nicholas Kaddaras and Duston Williams.
View institutional ownership trends
.

How do I buy shares of Nutanix?

Shares of NTNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nutanix own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nutanix investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Block (SQ), Twilio (TWLO), Advanced Micro Devices (AMD) and Tesla (TSLA).

This page (NASDAQ:NTNX) was last updated on 7/26/2024 by MarketBeat.com Staff

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