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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
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

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

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


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

Nutanix Sees Unusually High Options Volume (NASDAQ:NTNX)
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!
Why Nutanix Stock Popped Today
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!
Analyst Expectations for Nutanix's Future
Nutanix Stock (NASDAQ:NTNX) Insider Trades
Here's what Wall Street expects from Nutanix A's earnings
Nutanix (NTNX) to Release Earnings on Wednesday
NTNX, SFIX and GDGL are among after hour movers
A Closer Look at Nutanix's Options Market Dynamics
Nutanix Continues to Charge Higher: Is There More to Come?
Nutanix, Inc. (NTNX) Interactive Stock Chart - Yahoo Finance
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

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
$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

Net Income
$-254,560,000.00
Pretax Margin
-12.54%

Debt

Sales & Book Value

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

Miscellaneous

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 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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