S&P 500   5,069.76
DOW   38,949.02
QQQ   435.27
Palantir Stock Has It all… Except the Analysts' Support
Critical asset just had biggest fall on record (Ad)
3 wealth-compounding stocks to beat the market this decade
FedEx ends naming rights agreement for the Washington Commanders stadium long known as FedEx Field
Critical asset just had biggest fall on record (Ad)
2 Navigation Stocks That Continue to Defy Gravity
Workday Stock Price is Working on a Buy-the-Dip Opportunity
Critical asset just had biggest fall on record (Ad)
Are NFTs Back? Why NFTs Will Make a Comeback in 2024
Applied Optoelectronics earnings dumper, pain now for gain later?
S&P 500   5,069.76
DOW   38,949.02
QQQ   435.27
Palantir Stock Has It all… Except the Analysts' Support
Critical asset just had biggest fall on record (Ad)
3 wealth-compounding stocks to beat the market this decade
FedEx ends naming rights agreement for the Washington Commanders stadium long known as FedEx Field
Critical asset just had biggest fall on record (Ad)
2 Navigation Stocks That Continue to Defy Gravity
Workday Stock Price is Working on a Buy-the-Dip Opportunity
Critical asset just had biggest fall on record (Ad)
Are NFTs Back? Why NFTs Will Make a Comeback in 2024
Applied Optoelectronics earnings dumper, pain now for gain later?
S&P 500   5,069.76
DOW   38,949.02
QQQ   435.27
Palantir Stock Has It all… Except the Analysts' Support
Critical asset just had biggest fall on record (Ad)
3 wealth-compounding stocks to beat the market this decade
FedEx ends naming rights agreement for the Washington Commanders stadium long known as FedEx Field
Critical asset just had biggest fall on record (Ad)
2 Navigation Stocks That Continue to Defy Gravity
Workday Stock Price is Working on a Buy-the-Dip Opportunity
Critical asset just had biggest fall on record (Ad)
Are NFTs Back? Why NFTs Will Make a Comeback in 2024
Applied Optoelectronics earnings dumper, pain now for gain later?
S&P 500   5,069.76
DOW   38,949.02
QQQ   435.27
Palantir Stock Has It all… Except the Analysts' Support
Critical asset just had biggest fall on record (Ad)
3 wealth-compounding stocks to beat the market this decade
FedEx ends naming rights agreement for the Washington Commanders stadium long known as FedEx Field
Critical asset just had biggest fall on record (Ad)
2 Navigation Stocks That Continue to Defy Gravity
Workday Stock Price is Working on a Buy-the-Dip Opportunity
Critical asset just had biggest fall on record (Ad)
Are NFTs Back? Why NFTs Will Make a Comeback in 2024
Applied Optoelectronics earnings dumper, pain now for gain later?

Nutanix (NTNX) Stock Price, News & Analysis

$59.04
+0.81 (+1.39%)
(As of 02/28/2024 ET)
Today's Range
$57.29
$59.19
50-Day Range
$44.90
$59.14
52-Week Range
$23.34
$59.87
Volume
4.28 million shs
Average Volume
2.71 million shs
Market Capitalization
$14.33 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$54.92

Nutanix MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
7.0% Downside
$54.92 Price Target
Short Interest
Healthy
2.46% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.84
Upright™ Environmental Score
News Sentiment
0.60mentions of Nutanix in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$7.28 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.19) to $0.10 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.

3.99 out of 5 stars

Computer And Technology Sector

173rd out of 606 stocks

Prepackaged Software Industry

49th out of 196 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: Fiscal Q2 Earnings Snapshot
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Nutanix (NASDAQ:NTNX) PT Raised to $65.00 at JPMorgan Chase & Co.
NTNX Jul 2025 57.500 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Nutanix (NASDAQ:NTNX) Reaches New 1-Year High at $59.87
NTNX Oct 2024 47.500 put
Nutanix Stock (NASDAQ:NTNX), Short Interest Report
NTNX Oct 2024 50.000 call
NTNX Oct 2024 60.000 put
NTNX Jun 2024 30.000 put
Nutanix (NTNX) to Release Quarterly Earnings on Wednesday
Is Nutanix, Inc. (NASDAQ:NTNX) Trading At A 38% Discount?
NTNX Mar 2024 50.000 put
NTNX Mar 2024 60.000 put
NTNX Mar 2024 50.000 call
NTNX Jan 2025 67.500 call
NTNX Mar 2024 75.000 put
NTNX Jan 2026 50.000 put
See More Headlines
Receive NTNX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nutanix and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/29/2023
Today
2/28/2024
Next Earnings (Confirmed)
2/28/2024
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
$54.92
High Stock Price Target
$70.00
Low Stock Price Target
$42.00
Potential Upside/Downside
-7.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
14 Analysts

Profitability

Net Income
$-254,560,000.00
Pretax Margin
-7.76%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
241,574,000
Market Cap
$14.33 billion
Optionable
Optionable
Beta
1.27
These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report














NTNX Stock Analysis - Frequently Asked Questions

Should I buy or sell Nutanix stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research 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?

14 analysts have issued twelve-month price targets for Nutanix's stock. Their NTNX share price targets range from $42.00 to $70.00. On average, they anticipate the company's share price to reach $54.92 in the next twelve months. This suggests that the stock has a possible downside of 7.0%.
View analysts price targets for NTNX
or view top-rated stocks among Wall Street analysts.

How have NTNX shares performed in 2024?

Nutanix's stock was trading at $47.69 on January 1st, 2024. Since then, NTNX shares have increased by 23.8% and is now trading at $59.04.
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, 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 the consensus estimate of $501.26 million. Nutanix's quarterly revenue was up 17.9% compared to the same quarter last year. During the same period last year, the firm posted ($0.32) EPS.

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

Nutanix updated its third quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $510.0 million-$520.0 million, compared to the consensus revenue estimate of $510.0 million.

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 acted 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.19%), Generation Investment Management LLP (7.11%), FIL Ltd (3.67%), First Trust Advisors LP (2.16%), Primecap Management Co. CA (2.10%) and Price T Rowe Associates Inc. MD (1.39%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NTNX) was last updated on 2/29/2024 by MarketBeat.com Staff