Nutanix Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Nutanix stock.
View analyst ratings for Nutanix or view top-rated stocks.

Wall Street analysts have given Nutanix a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Nutanix wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Nutanix is scheduled to release its next quarterly earnings announcement on Monday, November 22nd 2021.
View our earnings forecast for Nutanix.

Nutanix, Inc. (NASDAQ:NTNX) announced its earnings results on Tuesday, August, 31st. The technology company reported ($0.26) EPS for the quarter, topping the Zacks' consensus estimate of ($0.42) by $0.16. The technology company earned $390.72 million during the quarter, compared to analyst estimates of $363.70 million. Nutanix's revenue was up 19.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.39) EPS.
View Nutanix's earnings history.

Nutanix's stock was trading at $15.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NTNX stock has increased by 159.8% and is now trading at $41.18.
View which stocks have been most impacted by COVID-19.

14 equities research analysts have issued 12-month price objectives for Nutanix's shares. Their forecasts range from $32.00 to $64.00. On average, they expect Nutanix's stock price to reach $45.82 in the next year. This suggests a possible upside of 11.3% from the stock's current price.
View analysts' price targets for Nutanix or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Nutanix include MongoDB (MDB), HubSpot (HUBS), ANSYS (ANSS), Paycom Software (PAYC), Bill.com (BILL), UiPath (PATH), ZoomInfo Technologies (ZI), Splunk (SPLK), Qualtrics International (XM), Asana (ASAN), Dynatrace (DT), Tyler Technologies (TYL), Bentley Systems (BSY), Coupa Software (COUP) and NICE (NICE).
View all of NTNX's competitors.

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.com (CRM) and PayPal (PYPL).

(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. (9.07%), Jefferies Group LLC (0.00%), Clearbridge Investments LLC (3.90%), Primecap Management Co. CA (1.65%), First Trust Advisors LP (1.56%) and Geode Capital Management LLC (1.40%). Company insiders that own Nutanix stock include Aaron Boynton, Christopher Nicholas Kaddaras, David Sangster, Dheeraj Pandey, Duston Williams, Martin F Jackson, Ravi Mhatre, Susan L Bostrom, Tarkan Maner and Tyler Wall.
View institutional ownership trends for Nutanix.

NTNX stock was sold by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Parallax Volatility Advisers L.P., Goldman Sachs Group Inc., Atreides Management LP, Group One Trading L.P., Marshall Wace North America L.P., Russell Investments Group Ltd., and Credit Suisse AG. Company insiders that have sold Nutanix company stock in the last year include Aaron Boynton, Christopher Nicholas Kaddaras, David Sangster, Dheeraj Pandey, Duston Williams, Martin F Jackson, Tarkan Maner, and Tyler Wall.
View insider buying and selling activity for Nutanix or view top insider-selling stocks.

NTNX stock was acquired by a variety of institutional investors in the last quarter, including Jefferies Group LLC, First Trust Advisors LP, Vanguard Group Inc., Geode Capital Management LLC, Renaissance Technologies LLC, Peregrine Capital Management LLC, Artemis Investment Management LLP, and Federated Hermes Inc..
View insider buying and selling activity for Nutanix or or view top insider-buying stocks.

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.

One share of NTNX stock can currently be purchased for approximately $41.18.

Nutanix has a market capitalization of $8.71 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 ($3.21) on an earnings per share basis.

Nutanix employs 6,170 workers across the globe.

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

Nutanix is headquartered at 1740 TECHNOLOGY DRIVE SUITE 150, SAN JOSE CA, 95110.

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].