NASDAQ:NTNX - Nutanix Stock Price, News & Analysis

$27.21
+0.17 (+0.63 %)
(As of 09/17/2019 06:00 AM ET)
Today's Range
$26.70
Now: $27.21
$27.65
50-Day Range
$18.24
MA: $21.76
$27.61
52-Week Range
$17.74
Now: $27.21
$54.68
Volume2.82 million shs
Average Volume4.06 million shs
Market Capitalization$5.06 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.29
Nutanix, Inc, together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. Its solution addresses a range of workloads, including enterprise applications, databases, virtual desktop infrastructure, unified communications, and big data analytics. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:NTNX
CUSIPN/A
Phone408-216-8360

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Book Value$1.89 per share

Profitability

Net Income$-621,180,000.00

Miscellaneous

Employees4,000
Market Cap$5.06 billion
Next Earnings Date11/26/2019 (Estimated)
OptionableOptionable

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Nutanix (NASDAQ:NTNX) Frequently Asked Questions

What is Nutanix's stock symbol?

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

How were Nutanix's earnings last quarter?

Nutanix Inc (NASDAQ:NTNX) issued its quarterly earnings data on Wednesday, August, 28th. The technology company reported ($0.96) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($1.05) by $0.09. The technology company had revenue of $299.90 million for the quarter, compared to analysts' expectations of $293.49 million. Nutanix had a negative return on equity of 150.86% and a negative net margin of 50.25%. The firm's revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.11) earnings per share. View Nutanix's Earnings History.

When is Nutanix's next earnings date?

Nutanix is scheduled to release their next quarterly earnings announcement on Tuesday, November 26th 2019. View Earnings Estimates for Nutanix.

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

Nutanix updated its first quarter earnings guidance on Wednesday, August, 28th. The company provided earnings per share guidance of ($0.75) for the period, compared to the Thomson Reuters consensus estimate of ($0.56).

What price target have analysts set for NTNX?

21 brokers have issued 12-month price objectives for Nutanix's shares. Their forecasts range from $22.00 to $48.00. On average, they expect Nutanix's stock price to reach $36.60 in the next year. This suggests a possible upside of 34.5% from the stock's current price. View Analyst Price Targets for Nutanix.

What is the consensus analysts' recommendation for Nutanix?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 8 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nutanix.

What are Wall Street analysts saying about Nutanix stock?

Here are some recent quotes from research analysts about Nutanix stock:
  • 1. According to Zacks Investment Research, "Nutanix is benefiting from continued deal wins, adoption of its products and shift of business to a subscription-based model. The company is considered a pioneer of hyper converged infrastructure market, which is projected to grow rapidly in the long term. The company’s built-in hypervisor has been gaining significant traction as customers continue to select it as a low-cost alternative to other vendor offerings. Estimates have been stable lately ahead of the company's earnings release. It has mixed record of earnings surprises in the trailing four quarters. However, Nutanix faces significant competition in most of the markets it operates. Moreover, the company expects a significant impact on third-quarter fiscal 2019 results from imbalance and lead generation spending coupled with a slower-than-expected sales hiring. Shares have underperformed the industry year to date." (5/21/2019)
  • 2. Maxim Group analysts commented, "Software and Support billings grow 50% y/y driven by ongoing large enterprise traction due to expanding capabilities, consistent with our .NEXT NYC takeaways. Midpoint guidance implies ~40% y/y Software and Support billings growth, and continued adjusted sales productivity improvements. 2019 should give better insight into NTNX’s transition toward a consumption-based model that may unlock significantly more value. Reiterating Buy rating and 12-month price target of $72." (11/28/2018)

Has Nutanix been receiving favorable news coverage?

Media headlines about NTNX stock have been trending somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nutanix earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Nutanix.

Are investors shorting Nutanix?

Nutanix saw a increase in short interest in August. As of August 15th, there was short interest totalling 13,693,600 shares, an increase of 14.1% from the July 15th total of 12,006,100 shares. Based on an average daily trading volume, of 4,090,000 shares, the short-interest ratio is presently 3.3 days. Currently, 9.9% of the shares of the stock are short sold. View Nutanix's Current Options Chain.

Who are some of Nutanix's key competitors?

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), Twilio (TWLO), Square (SQ), Advanced Micro Devices (AMD), Netflix (NFLX), salesforce.com (CRM), Adobe (ADBE) and Splunk (SPLK).

Who are Nutanix's key executives?

Nutanix's management team includes the folowing people:
  • Mr. Dheeraj Pandey, Co-Founder, Chairman & CEO (Age 44)
  • Mr. Duston M. Williams, Chief Financial Officer (Age 61)
  • Mr. Tyler Wall, Chief Legal Officer (Age 53)
  • Mr. Sunil Potti, Chief Product & Devel. Officer (Age 48)
  • Mr. Ajeet Singh, Co-Founder & Advisor

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 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.

Who are Nutanix's major shareholders?

Nutanix's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Generation Investment Management LLP (7.76%), Vanguard Group Inc. (6.43%), Eminence Capital LP (2.06%), First Trust Advisors LP (1.05%), ARK Investment Management LLC (0.76%) and Price T Rowe Associates Inc. MD (0.60%). Company insiders that own Nutanix stock include Christopher J Schaepe, David Sangster, Dheeraj Pandey, Duston Williams, Jeffrey T Parks, John Mcadam, Kenneth W Long III, Louis J Attanasio, Michael Scarpelli, Peter Nieh, Rajiv Mirani, Sudheesh Nair Vadakkedath, Sunil Potti and Tyler Wall. View Institutional Ownership Trends for Nutanix.

Which institutional investors are selling Nutanix stock?

NTNX stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Renaissance Technologies LLC, Surevest Inc., Public Employees Retirement System of Ohio, United Capital Financial Advisers LLC, Fiera Capital Corp, Garrison Bradford & Associates Inc. and LPL Financial LLC. Company insiders that have sold Nutanix company stock in the last year include David Sangster, Jeffrey T Parks, John Mcadam, Louis J Attanasio and Tyler Wall. View Insider Buying and Selling for Nutanix.

Which institutional investors are buying Nutanix stock?

NTNX stock was purchased by a variety of institutional investors in the last quarter, including Generation Investment Management LLP, Eminence Capital LP, ARK Investment Management LLC, First Trust Advisors LP, Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Nikko Asset Management Americas Inc. and Sumitomo Mitsui Trust Holdings Inc.. View Insider Buying and Selling for Nutanix.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Nutanix's stock price today?

One share of NTNX stock can currently be purchased for approximately $27.21.

How big of a company is Nutanix?

Nutanix has a market capitalization of $5.06 billion and generates $1.24 billion in revenue each year. The technology company earns $-621,180,000.00 in net income (profit) each year or ($3.18) on an earnings per share basis. Nutanix employs 4,000 workers across the globe.View Additional Information About Nutanix.

What is Nutanix's official website?

The official website for Nutanix is http://www.nutanix.com/.

How can I contact Nutanix?

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]


MarketBeat Community Rating for Nutanix (NASDAQ NTNX)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  518 (Vote Outperform)
Underperform Votes:  384 (Vote Underperform)
Total Votes:  902
MarketBeat's community ratings are surveys of what our community members think about Nutanix and other stocks. Vote "Outperform" if you believe NTNX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NTNX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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