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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
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The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
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The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
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Nutanix Stock Price, News & Analysis (NASDAQ:NTNX)

$43.09
+1.53 (+3.68%)
(As of 11/30/2023 ET)
Compare
Today's Range
$42.22
▼
$45.40
50-Day Range
$34.03
▼
$43.09
52-Week Range
$23.34
▼
$45.40
Volume
6.75 million shs
Average Volume
1.68 million shs
Market Capitalization
$10.32 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$42.64
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Nutanix MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
9.3% Upside
$47.09 Price Target
Short Interest
Healthy
3.24% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.84
Upright™ Environmental Score
News Sentiment
0.61mentions of Nutanix in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$20.11 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.30) to $0.02 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Computer And Technology Sector

339th out of 599 stocks

Prepackaged Software Industry

104th out of 200 stocks

See Top Rated MarketRank™ Stocks Here

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

December 1, 2023 | americanbankingnews.com
Nutanix Sees Unusually High Options Volume (NASDAQ:NTNX)
December 1, 2023 | americanbankingnews.com
Nutanix (NASDAQ:NTNX) Shares Gap Up on Better-Than-Expected Earnings
December 1, 2023 | Tomorrow Investor (Ad)
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
December 1, 2023 | msn.com
Why Nutanix Stock Popped Today
December 1, 2023 | msn.com
Nutanix (NASDAQ:NTNX) Gains After Better-than-Expected Q1 Results
November 30, 2023 | markets.businessinsider.com
Bullish Outlook for Nutanix: Strong Q1 Performance and Potential Upside Prompt Buy Rating
November 30, 2023 | finance.yahoo.com
Nutanix (NTNX) Q1 Earnings Top Estimates, Revenues Rise Y/Y
November 30, 2023 | finance.yahoo.com
Nutanix AI platform is 'fundamental to every customer': CEO
December 1, 2023 | Tomorrow Investor (Ad)
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
November 30, 2023 | markets.businessinsider.com
Analyst Expectations for Nutanix's Future
November 30, 2023 | au.investing.com
Nutanix rises 10% on solid forecast; BofA sees 'many positives'
November 30, 2023 | benzinga.com
Nutanix Stock (NASDAQ:NTNX) Insider Trades
November 29, 2023 | msn.com
Nutanix (NTNX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
November 29, 2023 | investing.com
After-hours movers: Salesforce, Snowflake jump on strong results
November 29, 2023 | finance.yahoo.com
Nutanix Reports First Quarter Fiscal 2024 Financial Results
November 29, 2023 | msn.com
Nutanix Earnings Top Estimates, Cloud Software Stock Rises
November 28, 2023 | markets.businessinsider.com
Here's what Wall Street expects from Nutanix A's earnings
November 28, 2023 | americanbankingnews.com
Nutanix (NTNX) to Release Earnings on Wednesday
November 26, 2023 | seekingalpha.com
NTNX, SFIX and GDGL are among after hour movers
November 23, 2023 | finance.yahoo.com
Exploring Analyst Estimates for Nutanix (NTNX) Q1 Earnings, Beyond Revenue and EPS
November 15, 2023 | benzinga.com
A Closer Look at Nutanix's Options Market Dynamics
November 15, 2023 | finance.yahoo.com
Insider Sell Alert: Nutanix Inc's CEO Rajiv Ramaswami Offloads 87,997 Shares
November 14, 2023 | finance.yahoo.com
Nutanix Continues to Charge Higher: Is There More to Come?
November 11, 2023 | ca.finance.yahoo.com
Nutanix, Inc. (NTNX) Interactive Stock Chart - Yahoo Finance
November 2, 2023 | finance.yahoo.com
Nutanix Announces Date and Conference Call Information for First Quarter Fiscal Year 2024 Financial Results
October 30, 2023 | seekingalpha.com
Nutanix Finally Turned Profitable, But Shares Aren't Cheap
October 30, 2023 | finance.yahoo.com
With 78% ownership, Nutanix, Inc. (NASDAQ:NTNX) boasts of strong institutional backing
See More Headlines
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Company Calendar

Last Earnings
11/29/2023
Today
11/30/2023
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
7/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Prepackaged software
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:NTNX
CUSIP
N/A
CIK
1618732
Web
www.nutanix.com
Phone
(408) 216-8360
Fax
408-916-4039
Employees
6,450
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$47.09
High Stock Price Target
$54.00
Low Stock Price Target
$34.00
Potential Upside/Downside
-1.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.15)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-254,560,000.00
Net Margins
-14.19%
Pretax Margin
-12.54%
Return on Equity
N/A
Return on Assets
-7.38%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.64
Quick Ratio
1.64

Sales & Book Value

Annual Sales
$1.86 billion
Price / Sales
5.54
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($2.95) per share
Price / Book
-14.61

Miscellaneous

Outstanding Shares
239,610,000
Free Float
238,512,000
Market Cap
$10.32 billion
Optionable
Optionable
Beta
1.24
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NTNX Stock Analysis - Frequently Asked Questions

Should I buy or sell Nutanix stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NTNX shares.
View NTNX analyst ratings or view top-rated stocks.

What is Nutanix's stock price target for 2024?

12 analysts have issued twelve-month price objectives for Nutanix's shares. Their NTNX share price targets range from $34.00 to $54.00. On average, they anticipate the company's stock price to reach $47.09 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts price targets for NTNX or view top-rated stocks among Wall Street analysts.

How have NTNX shares performed in 2023?

Nutanix's stock was trading at $26.05 on January 1st, 2023. Since then, NTNX stock has increased by 65.4% and is now trading at $43.09.
View the best growth stocks for 2023 here.

When is Nutanix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our NTNX earnings forecast.

How were Nutanix's earnings last quarter?

Nutanix, Inc. (NASDAQ:NTNX) posted its quarterly earnings data on Wednesday, November, 29th. The technology company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.11. The technology company had revenue of $511.10 million for the quarter, compared to analyst estimates of $501.26 million. Nutanix's revenue for the quarter was up 17.9% on a year-over-year basis. During the same quarter last year, the business earned ($0.32) earnings per share.

What ETFs hold Nutanix's stock?

ETFs with the largest weight of Nutanix (NASDAQ:NTNX) stock in their portfolio include ProShares Big Data Refiners ETF (DAT), First Trust Cloud Computing ETF (SKYY), Invesco Dynamic Software ETF (PSJ), ProShares Ultra Nasdaq Cloud Computing ETF (SKYU), iShares Future Cloud 5G and Tech ETF (IDAT), Innovator IBD Breakout Opportunities ETF (BOUT), Fidelity Cloud Computing ETF (FCLD) and Wedbush ETFMG Global Cloud Technology ETF (IVES).

What guidance has Nutanix issued on next quarter's earnings?

Nutanix issued an update on its FY 2024 earnings guidance on Friday, September, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.08 billion-$2.12 billion, compared to the consensus revenue estimate of $2.08 billion.

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.

What other stocks do shareholders of Nutanix own?

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

When did Nutanix IPO?

(NTNX) raised $168 million in an 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?

Nutanix's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (15.00%), Primecap Management Co. CA (2.27%), Jericho Capital Asset Management L.P. (0.99%), Jacobs Levy Equity Management Inc. (0.94%), Charles Schwab Investment Management Inc. (0.85%) and Northern Trust Corp (0.59%). Insiders that own company stock include Aaron Boynton, Christopher Nicholas Kaddaras, Craig Conway, David Sangster, Dheeraj Pandey, Duston Williams, Martin F Jackson, Rajiv Ramaswami, Rukmini Sivaraman, Tarkan Maner and Tyler Wall.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:NTNX) was last updated on 12/1/2023 by MarketBeat.com Staff

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