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3 Mid-Cap Momentum Plays to Ride Into Q4
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
Would Buffett Approve of This Growth Strategy? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
The Strategic Gold Play You Haven't Heard About (Ad)
Video: Jack in the Box Employee Shoots at Customer Over Alleged Missing Curly Fries, Family Files Lawsuit
3 Mid-Cap Momentum Plays to Ride Into Q4
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
Would Buffett Approve of This Growth Strategy? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
The Strategic Gold Play You Haven't Heard About (Ad)
Video: Jack in the Box Employee Shoots at Customer Over Alleged Missing Curly Fries, Family Files Lawsuit
3 Mid-Cap Momentum Plays to Ride Into Q4
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
Would Buffett Approve of This Growth Strategy? (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
Would Buffett Approve of This Growth Strategy? (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
The Strategic Gold Play You Haven't Heard About (Ad)
Video: Jack in the Box Employee Shoots at Customer Over Alleged Missing Curly Fries, Family Files Lawsuit
3 Mid-Cap Momentum Plays to Ride Into Q4
NASDAQ:NTNX

Nutanix (NTNX) Stock Forecast, Price & News

$35.72
+0.60 (+1.71%)
(As of 09/27/2023 ET)
Compare
Today's Range
$35.44
$36.85
50-Day Range
$28.73
$36.47
52-Week Range
$19.96
$36.85
Volume
4.00 million shs
Average Volume
2.64 million shs
Market Capitalization
$8.42 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$42.64

Nutanix MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
19.4% Upside
$42.64 Price Target
Short Interest
Bearish
3.04% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.84
Upright™ Environmental Score
News Sentiment
0.16mentions of Nutanix in the last 14 days
Based on 38 Articles This Week
Insider Trading
Selling Shares
$14.99 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.29) to ($0.03) Per Share

Overall MarketRank

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

2.23 out of 5 stars

Computer And Technology Sector

332nd out of 604 stocks

Prepackaged Software Industry

109th out of 209 stocks


NTNX stock logo

About Nutanix (NASDAQ:NTNX) Stock

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 Platform 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 NFS and SMB files services; Nutanix Objects, a S3-compatible object services; Nutanix Data Lens, a data security governance solution; Nutanix database service that provides automated database management to simplify database administration and to manage database copies; and Nutanix Frame, a desktop-as-a-service product to deliver virtual apps or desktops to users. Further, it provides product support, and consulting and implementation services. It 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. The company was incorporated in 2009 and is headquartered in San Jose, California.

NTNX Price History

NTNX Stock News Headlines

Windfall profits possible with this under-the-radar lithium stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Nutanix (NASDAQ:NTNX) Sees Large Volume Increase on Analyst Upgrade
A Bullish Chart in the Midst of a Sea of Bearish Charts
Windfall profits possible with this under-the-radar lithium stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
KeyBanc Remains a Buy on Nutanix (NTNX)
Nutanix (NASDAQ:NTNX) Stock Rating Upgraded by Bank of America
Nutanix, Inc. (NASDAQ:NTNX) CFO Rukmini Sivaraman Sells 38,170 Shares
Tyler Wall Sells 31,695 Shares of Nutanix, Inc. (NASDAQ:NTNX) Stock
Nutanix, Inc. (NASDAQ:NTNX) CEO Rajiv Ramaswami Sells 138,038 Shares
Nutanix's 'GPT-in-a-box' could deliver long-term upside
Nutanix has 'multiple positive growth levers' - BofA
What 10 Analyst Ratings Have To Say About Nutanix
See More Headlines
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NTNX Company Calendar

Last Earnings
8/31/2023
Today
9/28/2023
Next Earnings (Estimated)
11/29/2023
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 Forecast
$42.64
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+19.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$-254,560,000.00
Pretax Margin
-21.10%

Debt

Sales & Book Value

Annual Sales
$1.86 billion
Book Value
($3.48) per share

Miscellaneous

Free Float
234,745,000
Market Cap
$8.42 billion
Optionable
Optionable
Beta
1.30
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Key Executives

  • Dr. Rajiv Ramaswami Ph.D. (Age 57)
    Pres, CEO & Director
    Comp: $1.76M
  • Ms. Rukmini SivaramanMs. Rukmini Sivaraman (Age 42)
    Principal Accounting Officer & CFO
    Comp: $1.76M
  • Mr. David SangsterMr. David Sangster (Age 59)
    Chief Operating Officer
    Comp: $901.67k
  • Mr. Tyler WallMr. Tyler Wall (Age 57)
    Chief Legal Officer
    Comp: $901.67k
  • Mr. Ajeet Singh
    Co-Founder & Advisor
  • Ms. Wendy M. Pfeiffer (Age 56)
    Chief Information Officer
  • Ms. Tonya Chin
    VP of Corp. Communications & IR
  • Ms. Mandy Dhaliwal
    Chief Marketing Officer
  • Ms. Anja Hamilton (Age 52)
    Chief People Officer
  • Mr. Matthew Young
    Sr. VP & Head of Asia Pacific and Japan













NTNX Stock - 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 twelve months. 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 forecast for 2023?

12 Wall Street research analysts have issued 1-year target prices for Nutanix's stock. Their NTNX share price forecasts range from $34.00 to $50.00. On average, they expect the company's share price to reach $42.64 in the next twelve months. This suggests a possible upside of 19.4% 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 2023?

Nutanix's stock was trading at $26.05 at the start of the year. Since then, NTNX stock has increased by 37.1% and is now trading at $35.72.
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, November 29th 2023.
View our NTNX earnings forecast
.

How were Nutanix's earnings last quarter?

Nutanix, Inc. (NASDAQ:NTNX) released its earnings results on Thursday, August, 31st. The technology company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.16) by $0.13. The technology company earned $494.21 million during the quarter, compared to the consensus estimate of $475.64 million.

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 initial public offering (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.

What is Nutanix's stock symbol?

Nutanix trades on the NASDAQ under the ticker symbol "NTNX."

Who are Nutanix's major shareholders?

Nutanix's stock is owned by a number of retail and institutional investors. Top institutional investors include Champlain Investment Partners LLC (3.67%), Parsifal Capital Management LP (1.61%), Geode Capital Management LLC (1.47%), Spyglass Capital Management LLC (1.09%), Charles Schwab Investment Management Inc. (0.82%) and Renaissance Technologies LLC (0.73%). 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.

What is Nutanix's stock price today?

One share of NTNX stock can currently be purchased for approximately $35.72.

How much money does Nutanix make?

Nutanix (NASDAQ:NTNX) has a market capitalization of $8.42 billion and generates $1.86 billion in revenue each year. The technology company earns $-254,560,000.00 in net income (profit) each year or ($1.15) on an earnings per share basis.

How many employees does Nutanix have?

The company employs 6,450 workers across the globe.

How can I contact Nutanix?

Nutanix's mailing address is 1740 TECHNOLOGY DRIVE SUITE 150, SAN JOSE CA, 95110. The official website for the company is www.nutanix.com. The technology company can be reached via phone at (408) 216-8360, via email at ir@nutanix.com, or via fax at 408-916-4039.

This page (NASDAQ:NTNX) was last updated on 9/28/2023 by MarketBeat.com Staff

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