Nutanix Stock Forecast, Price & News

Nutanix's stock was trading at $15.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NTNX stock has increased by 42.5% and is now trading at $22.59.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 1 sell rating, 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Nutanix is scheduled to release its next quarterly earnings announcement on Monday, November 23rd 2020.
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Nutanix Inc (NASDAQ:NTNX) posted its quarterly earnings data on Thursday, August, 27th. The technology company reported ($0.39) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.67) by $0.28. The technology company had revenue of $327.87 million for the quarter, compared to analyst estimates of $319.46 million. Nutanix had a negative net margin of 66.75% and a negative return on equity of 1,175,319.00%. Nutanix's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.57) EPS.
View Nutanix's earnings history.

18 equities research analysts have issued twelve-month price targets for Nutanix's stock. Their forecasts range from $15.00 to $52.00. On average, they anticipate Nutanix's stock price to reach $31.38 in the next twelve months. This suggests a possible upside of 38.9% from the stock's current price.
View analysts' price targets for Nutanix.

Some companies that are related to Nutanix include Check Point Software Technologies (CHKP), Coupa Software (COUP), Citrix Systems (CTXS), Paycom Software (PAYC), SS&C Technologies (SSNC), Slack (WORK), Black Knight (BKI), Tyler Technologies (TYL), Nice (NICE), Symantec (SYMC), NortonLifeLock (NLOK), HubSpot (HUBS), Mongodb (MDB), Dynatrace (DT) and Ceridian HCM (CDAY).
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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), Netflix (NFLX), Tesla (TSLA), salesforce.com (CRM) and Roku (ROKU).

(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.

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

Nutanix's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.41%), FIL Ltd (2.53%), First Trust Advisors LP (1.91%), New York State Common Retirement Fund (0.79%), Crosslink Capital Inc. (0.68%) and Nuveen Asset Management LLC (0.61%). Company insiders that own Nutanix stock include Aaron Boynton, David Sangster, Dheeraj Pandey, Duston Williams, Jeffrey T Parks, John Mcadam, Louis J Attanasio, Ravi Mhatre, Susan L Bostrom and Tyler Wall.
View institutional ownership trends for Nutanix.

NTNX stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Frontier Capital Management Co. LLC, Jacobs Levy Equity Management Inc., Cubist Systematic Strategies LLC, Envestnet Asset Management Inc., Stifel Financial Corp, Mitsubishi UFJ Kokusai Asset Management Co. Ltd., and SG Americas Securities LLC. Company insiders that have sold Nutanix company stock in the last year include Aaron Boynton, David Sangster, Dheeraj Pandey, Duston Williams, Ravi Mhatre, Susan L Bostrom, and Tyler Wall.
View insider buying and selling activity for Nutanix.

NTNX stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Vanguard Group Inc., Nepsis Inc., Nuveen Asset Management LLC, Crosslink Capital Inc., Charles Schwab Investment Management Inc., New York State Common Retirement Fund, and FIL Ltd.
View insider buying and selling activity for Nutanix.

Shares of NTNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NTNX stock can currently be purchased for approximately $22.59.

Nutanix has a market capitalization of $4.40 billion and generates $1.31 billion in revenue each year. The technology company earns $-872,880,000.00 in net income (profit) each year or ($4.19) on an earnings per share basis. Nutanix employs 5,340 workers across the globe.

The official website for Nutanix is www.nutanix.com.

Nutanix's mailing address is 1740 TECHNOLOGY DRIVE SUITE 150, SAN JOSE CA, 95110. The technology company can be reached via phone at 408-216-8360 or via email at [email protected]