NASDAQ:NTNX - Nutanix Stock Price, Forecast & News

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

Nutanix Inc (NASDAQ:NTNX) announced its quarterly earnings data on Monday, November, 25th. The technology company reported ($0.71) EPS for the quarter, beating analysts' consensus estimates of ($1.13) by $0.42. The technology company earned $314.80 million during the quarter, compared to the consensus estimate of $306.42 million. Nutanix had a negative return on equity of 293.83% and a negative net margin of 61.10%. The company's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.13) EPS. View Nutanix's Earnings History.

Nutanix is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Nutanix.

Nutanix updated its second quarter earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of ~($0.70) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.70). The company issued revenue guidance of $330-335 million, compared to the consensus revenue estimate of $336.40 million.

20 analysts have issued twelve-month target prices for Nutanix's stock. Their forecasts range from $32.00 to $52.00. On average, they expect Nutanix's share price to reach $40.53 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for Nutanix.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 7 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nutanix.

Media stories about NTNX stock have been trending very positive this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Nutanix earned a news impact score of 3.9 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Nutanix.

Some companies that are related to Nutanix include Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), NortonLifeLock (NLOK), Check Point Software Technologies (CHKP), Symantec (SYMC), SS&C Technologies (SSNC), Twilio (TWLO), Atlassian (TEAM), Citrix Systems (CTXS), Okta (OKTA) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nutanix investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Twilio (TWLO), Advanced Micro Devices (AMD), Square (SQ), Netflix (NFLX), salesforce.com (CRM), Paypal (PYPL) and Adobe (ADBE).

(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's stock is owned by a number of of institutional and retail investors. Top institutional investors include Nepsis Inc. (0.12%), Wealthstreet Investment Advisors LLC (0.02%), Janney Montgomery Scott LLC (0.02%), Goodwin Daniel L (0.02%), Arden Trust Co (0.01%) and Alpine Global Management LLC (0.01%). 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, Ravi Mhatre, Sudheesh Nair Vadakkedath and Tyler Wall. View Institutional Ownership Trends for Nutanix.

NTNX stock was sold by a variety of institutional investors in the last quarter, including Wealthstreet Investment Advisors LLC, Goodwin Daniel L, IFP Advisors Inc, Nepsis Inc., Arden Trust Co and FNY Investment Advisers LLC. Company insiders that have sold Nutanix company stock in the last year include David Sangster, Dheeraj Pandey, Duston Williams, John Mcadam, Ravi Mhatre and Tyler Wall. View Insider Buying and Selling for Nutanix.

NTNX stock was acquired by a variety of institutional investors in the last quarter, including Alpine Global Management LLC, Sciencast Management LP, Janney Montgomery Scott LLC, Zurcher Kantonalbank Zurich Cantonalbank , Diversified Trust Co and Focused Wealth Management Inc. View Insider Buying and Selling 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 $35.58.

Nutanix has a market capitalization of $6.84 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 5,340 workers across the globe.View Additional Information About Nutanix.

The official website for Nutanix is http://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]