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S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
NASDAQ:NTNX

Nutanix Stock Forecast, Price & News

$15.04
+0.17 (+1.14%)
(As of 07/5/2022 12:00 AM ET)
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Today's Range
$14.38
$15.05
50-Day Range
$13.75
$26.34
52-Week Range
$13.44
$44.50
Volume
1.72 million shs
Average Volume
2.24 million shs
Market Capitalization
$3.37 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$27.73

Nutanix MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
84.4% Upside
$27.73 Price Target
Short Interest
Healthy
3.52% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.96
Upright™ Environmental Score
News Sentiment
0.48mentions of Nutanix in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$1.19 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.24) to ($2.06) Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.21 out of 5 stars

Computer And Technology Sector

225th out of 932 stocks

Prepackaged Software Industry

57th out of 301 stocks

30 days | 90 days | 365 days | Advanced Chart

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Nutanix 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 Acropolis converges virtualization, enterprise storage services, and networking visualization and security services; Acropolis Hypervisor, an enterprise-grade virtualization solution; Nutanix Karbon for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments; and Nutanix Clusters solution. It also offers Prism Pro; Nutanix Beam, a cloud governance; and Nutanix Calm, an application marketplace, which provides automation services that streamline application lifecycle management and deliver powerful hybrid cloud orchestration. In addition, the company provides Nutanix Files, an enterprise-grade NFS and SMB files services; Nutanix Objects, a S3-compatible object services; Nutanix Era, a database automation and database-as-a-service solution; and Nutanix Frame, a desktop-as-a-service product to deliver virtual apps or desktops to users from multiple public cloud environments and/or an enterprises private cloud datacenter. Further, it offers products 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 Stock News Headlines

Nutanix Stock Bestows a Cheap Entry
Enterprise hybrid mullticloud computing platform Nutanix (NASDAQ: NTNX) stock was a unicorn on its IPO but has plunged like a rock down (-47%) on the year.
Nutanix, Inc. (NASDAQ:NTNX) CAO Sells $40,317.42 in Stock
Why Nutanix Tanked 20.1% This Week
See More Headlines

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:NTNX
Employees
6,080
Year Founded
N/A

Company Calendar

Last Earnings
5/25/2022
Today
7/06/2022
Fiscal Year End
7/31/2022
Next Earnings (Estimated)
9/07/2022

Price Target and Rating

Average Stock Price Forecast
$27.73
High Stock Price Forecast
$58.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+84.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63636363636364
Research Coverage
11 Analysts

Profitability

Net Income
$-1,034,260,000.00
Pretax Margin
-62.24%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Book Value
($4.72) per share

Miscellaneous

Free Float
222,230,000
Market Cap
$3.37 billion
Optionable
Optionable
Beta
1.50














Nutanix Frequently Asked Questions

Should I buy or sell Nutanix stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Nutanix stock.
View analyst ratings for Nutanix
or view top-rated stocks.

What is Nutanix's stock price forecast for 2022?

11 brokers have issued 12-month target prices for Nutanix's stock. Their NTNX stock forecasts range from $18.00 to $58.00. On average, they anticipate Nutanix's share price to reach $27.73 in the next year. This suggests a possible upside of 84.4% from the stock's current price.
View analysts' price targets for Nutanix
or view top-rated stocks among Wall Street analysts.

How has Nutanix's stock price performed in 2022?

Nutanix's stock was trading at $31.86 at the start of the year. Since then, NTNX stock has decreased by 52.8% and is now trading at $15.04.
View the best growth stocks for 2022 here
.

When is Nutanix's next earnings date?

Nutanix is scheduled to release its next quarterly earnings announcement on Wednesday, September 7th 2022.
View our earnings forecast for Nutanix
.

How were Nutanix's earnings last quarter?

Nutanix, Inc. (NASDAQ:NTNX) posted its quarterly earnings data on Wednesday, May, 25th. The technology company reported ($0.42) EPS for the quarter, topping the consensus estimate of ($0.65) by $0.23. The technology company earned $403.70 million during the quarter, compared to analysts' expectations of $397.90 million. The firm's quarterly revenue was up 17.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.87) earnings per share.
View Nutanix's earnings history
.

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

Nutanix updated its fourth quarter 2022 earnings guidance on Wednesday, June, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $340.00 million-$360.00 million, compared to the consensus revenue estimate of $439.44 million.

Who are Nutanix's key executives?

Nutanix's management team includes the following people:

What is Rajiv Ramaswami's approval rating as Nutanix's CEO?

3 employees have rated Nutanix CEO Rajiv Ramaswami on Glassdoor.com. Rajiv Ramaswami has an approval rating of 100% among Nutanix'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), Square (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 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.

What is Nutanix's stock symbol?

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

How do I buy shares of Nutanix?

Shares of NTNX 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 $15.04.

How much money does Nutanix make?

Nutanix (NASDAQ:NTNX) has a market capitalization of $3.37 billion and generates $1.39 billion in revenue each year. The technology company earns $-1,034,260,000.00 in net income (profit) each year or ($4.66) on an earnings per share basis.

How many employees does Nutanix have?

Nutanix employs 6,080 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 Nutanix 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 7/6/2022 by MarketBeat.com Staff

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