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S&P 500   3,744.52
DOW   29,926.94
QQQ   279.76
Free Webinar | October 11: How to Break Barriers
Live Updates: Russia-Ukraine War
Don’t Chase American Virtual Cloud Technologies Higher
Box Inc. Stock on Track to Become a Q4 Winner
Is Ford's Revenue Enough to Juice its Stock Price?
Sweden seizes evidence at Baltic Sea pipeline leak site
US futures retreat on strong hiring, more jobs data on tap
S&P 500   3,744.52
DOW   29,926.94
QQQ   279.76
Free Webinar | October 11: How to Break Barriers
Live Updates: Russia-Ukraine War
Don’t Chase American Virtual Cloud Technologies Higher
Box Inc. Stock on Track to Become a Q4 Winner
Is Ford's Revenue Enough to Juice its Stock Price?
Sweden seizes evidence at Baltic Sea pipeline leak site
US futures retreat on strong hiring, more jobs data on tap
S&P 500   3,744.52
DOW   29,926.94
QQQ   279.76
Free Webinar | October 11: How to Break Barriers
Live Updates: Russia-Ukraine War
Don’t Chase American Virtual Cloud Technologies Higher
Box Inc. Stock on Track to Become a Q4 Winner
Is Ford's Revenue Enough to Juice its Stock Price?
Sweden seizes evidence at Baltic Sea pipeline leak site
US futures retreat on strong hiring, more jobs data on tap
NASDAQ:NTNX

Nutanix - NTNX Stock Forecast, Price & News

$22.72
+0.80 (+3.65%)
(As of 10/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$21.72
$22.78
50-Day Range
$15.13
$23.71
52-Week Range
$13.44
$38.50
Volume
2.66 million shs
Average Volume
2.28 million shs
Market Capitalization
$5.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$26.92

Nutanix MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
18.5% Upside
$26.92 Price Target
Short Interest
Healthy
3.16% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.96
Upright™ Environmental Score
News Sentiment
0.19mentions of Nutanix in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$2.59 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.40) to ($1.02) Per Share

Overall MarketRank

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

2.10 out of 5 stars

Computer And Technology Sector

372nd out of 633 stocks

Prepackaged Software Industry

130th out of 226 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 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.

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NTNX Stock News Headlines

Nutanix Announces Corporate Governance Enhancements
Here's Why Nutanix (NTNX) is a Strong Momentum Stock
Nutanix (NASDAQ: NTNX)
Nutanix: The Rebound Is Here
See More Headlines
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NTNX Company Calendar

Last Earnings
8/31/2022
Today
10/07/2022
Next Earnings (Estimated)
11/22/2022
Fiscal Year End
7/31/2023

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
$26.92
High Stock Price Forecast
$39.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+18.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

Net Income
$-797,540,000.00
Pretax Margin
-49.23%

Debt

Sales & Book Value

Annual Sales
$1.58 billion
Book Value
($3.48) per share

Miscellaneous

Free Float
224,943,000
Market Cap
$5.16 billion
Optionable
Optionable
Beta
1.16

Key Executives

  • Dr. Rajiv Ramaswami Ph.D. (Age 56)
    Pres, CEO & Director
    Comp: $1.72M
  • Mr. David  SangsterMr. David Sangster (Age 58)
    Chief Operating Officer
    Comp: $1.08M
  • Mr. Tyler  WallMr. Tyler Wall (Age 56)
    Chief Legal Officer
    Comp: $855.29k
  • Mr. Ajeet Singh
    Co-Founder & Advisor
  • Ms. Rukmini  SivaramanMs. Rukmini Sivaraman
    Principal Accounting Officer & CFO
  • Ms. Wendy M. Pfeiffer (Age 55)
    Chief Information Officer
  • Ms. Tonya Chin
    VP of Corp. Communications & IR
  • Ms. Mandy Dhaliwal
    Chief Marketing Officer
  • Ms. Anja Hamilton (Age 51)
    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?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. 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" NTNX shares.
View NTNX analyst ratings
or view top-rated stocks.

What is Nutanix's stock price forecast for 2022?

11 equities research analysts have issued twelve-month price objectives for Nutanix's stock. Their NTNX share price forecasts range from $20.00 to $39.00. On average, they predict the company's stock price to reach $26.92 in the next year. This suggests a possible upside of 18.5% 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 2022?

Nutanix's stock was trading at $31.86 at the start of the year. Since then, NTNX stock has decreased by 28.7% and is now trading at $22.72.
View the best growth stocks for 2022 here
.

When is Nutanix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 22nd 2022.
View our NTNX earnings forecast
.

How were Nutanix's earnings last quarter?

Nutanix, Inc. (NASDAQ:NTNX) announced its quarterly earnings results on Wednesday, August, 31st. The technology company reported ($0.17) EPS for the quarter, topping analysts' consensus estimates of ($0.38) by $0.21. The technology company had revenue of $385.50 million for the quarter, compared to the consensus estimate of $356.14 million. The business's revenue was down 1.3% on a year-over-year basis. During the same period last year, the business posted ($0.68) EPS.

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

Nutanix updated its first quarter 2023 earnings guidance on Wednesday, September, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $410.00 million-$415.00 million, compared to the consensus revenue estimate of $372.63 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 $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.

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 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 $22.72.

How much money does Nutanix make?

Nutanix (NASDAQ:NTNX) has a market capitalization of $5.16 billion and generates $1.58 billion in revenue each year. The technology company earns $-797,540,000.00 in net income (profit) each year or ($3.65) 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 10/7/2022 by MarketBeat.com Staff

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