S&P 500   5,051.41
DOW   37,798.97
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3 Computer Vision Stocks for Long-Term Gains From AI
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
Silicon Motion Proves That AI in Motion Stays in Motion
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
Silicon Motion Proves That AI in Motion Stays in Motion
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
Silicon Motion Proves That AI in Motion Stays in Motion
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI

Nutanix (NTNX) Stock Price, News & Analysis

$62.41
+1.35 (+2.21%)
(As of 04/16/2024 ET)
Today's Range
$60.83
$62.52
50-Day Range
$54.43
$65.98
52-Week Range
$23.34
$66.99
Volume
1.74 million shs
Average Volume
2.80 million shs
Market Capitalization
$15.25 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$65.17

Nutanix MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
4.4% Upside
$65.17 Price Target
Short Interest
Healthy
2.57% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.84
Upright™ Environmental Score
News Sentiment
0.65mentions of Nutanix in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$8.27 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.05) to $0.09 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.

3.50 out of 5 stars

Computer And Technology Sector

233rd out of 596 stocks

Prepackaged Software Industry

74th out of 195 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

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Susquehanna Raises Nutanix (NASDAQ:NTNX) Price Target to $75.00
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Nutanix (NASDAQ:NTNX) Stock Price Up 1.2% on Analyst Upgrade
NTNX Jan 2026 17.500 call
NTNX Apr 2024 80.000 call
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/16/2024
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
$65.17
High Stock Price Target
$76.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+4.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
14 Analysts

Profitability

Net Income
$-254,560,000.00
Pretax Margin
-2.22%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
243,205,000
Market Cap
$15.25 billion
Optionable
Optionable
Beta
1.29
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Key Executives


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 equities research analysts have issued 12 month price targets for Nutanix's stock. Their NTNX share price targets range from $42.00 to $76.00. On average, they anticipate the company's share price to reach $65.17 in the next twelve months. This suggests a possible upside of 4.4% 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 2024?

Nutanix's stock was trading at $47.69 on January 1st, 2024. Since then, NTNX stock has increased by 30.9% and is now trading at $62.41.
View the best growth stocks for 2024 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) issued its earnings results on Wednesday, February, 28th. The technology company reported $0.17 EPS for the quarter. The technology company had revenue of $565.23 million for the quarter, compared to the consensus estimate of $551.82 million.

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 (EPS) 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?

Nutanix (NTNX) raised $168 million in an IPO on Friday, September 30th 2016. The company issued 14,000,000 shares at $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 institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.08%), Silverberg Bernstein Capital Management LLC (0.01%), FCF Advisors LLC (0.01%), Range Financial Group LLC (0.01%), Counterpoint Mutual Funds LLC (0.00%) and 180 Wealth Advisors LLC (0.00%). Insiders that own company stock include Aaron Boynton, Christopher Nicholas Kaddaras, Craig Conway, David Sangster, Duston Williams, Martin F Jackson, Rajiv Ramaswami, Rukmini Sivaraman, Steven J Gomo, 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 4/17/2024 by MarketBeat.com Staff

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