NASDAQ:NTNX - Nutanix Stock Price, News, & Analysis

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$42.84 +0.74 (+1.76 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$42.10
Today's Range$41.52 - $43.0350
52-Week Range$32.52 - $64.87
Volume4.19 million shs
Average Volume3.94 million shs
Market Capitalization$7.80 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.99
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. The company offers Acropolis, an open platform comprising hyperconvergence, native virtualization, enterprise storage, virtual networking, and platform services; and Prism, an end-to-end consumer-grade management plane providing management and analytics across its software products and services. It also provides Nutanix Calm that offers native application orchestration, automation, and lifecycle management to its enterprise cloud platform. In addition, the company offers Beam, a multi-cloud optimization service; and Frame, a desktop-as-a-service. 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 founded in 2009 and is headquartered in San Jose, California.

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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$1.16 billion
Book Value$1.89 per share

Profitability

Net Income$-297,160,000.00

Miscellaneous

Employees4,000
Market Cap$7.80 billion
Next Earnings Date5/23/2019 (Estimated)
OptionableOptionable

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 Thursday, February, 28th. The technology company reported ($0.55) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.57) by $0.02. The technology company had revenue of $335.36 million for the quarter, compared to analyst estimates of $331.04 million. Nutanix had a negative net margin of 31.41% and a negative return on equity of 90.83%. View Nutanix's Earnings History.

When is Nutanix's next earnings date?

Nutanix is scheduled to release their next quarterly earnings announcement on Thursday, May 23rd 2019. View Earnings Estimates for Nutanix.

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

Nutanix updated its third quarter 2019 earnings guidance on Thursday, February, 28th. The company provided earnings per share guidance of $-0.6--0.6 for the period, compared to the Thomson Reuters consensus estimate of $-0.28. The company issued revenue guidance of $290-300 million, compared to the consensus revenue estimate of $349.17 million.

What price target have analysts set for NTNX?

21 equities research analysts have issued 12 month target prices for Nutanix's shares. Their predictions range from $33.00 to $70.00. On average, they anticipate Nutanix's share price to reach $54.6875 in the next twelve months. This suggests a possible upside of 27.7% 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 1 sell rating, 7 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. 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)
  • 2. According to Zacks Investment Research, "Nutanix’s Q4 results benefited from expanding clientele and growth in Software and support business. 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. Moreover, the newly launched products are expected to help customers better manage their hybrid cloud environment. Shares outperformed the industry on a year-to-date basis. However, Nutanix faces significant competition in most of the markets it operates. The delay in the launch of Xi Cloud Service is a concern. Moreover, increase in spending is anticipated to keep margins under pressure. The company's estimated loss for the first quarter is wider than the consensus estimate and this does not bode well." (8/31/2018)
  • 3. Robert W. Baird analysts commented, "We view Nutanix as disruptive, as the hyper-converged market leader, and as the thought leader in hybrid cloud management." (5/25/2018)

Has Nutanix been receiving favorable news coverage?

Media stories about NTNX stock have trended positive on Saturday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing 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 nearest to five being the most favorable. Nutanix earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Nutanix?

Nutanix saw a increase in short interest in the month of March. As of March 15th, there was short interest totalling 9,805,702 shares, an increase of 41.2% from the February 28th total of 6,942,510 shares. Based on an average daily volume of 10,064,596 shares, the days-to-cover ratio is presently 1.0 days. Approximately 7.1% of the shares of the stock are sold short. 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), Advanced Micro Devices (AMD), Netflix (NFLX), Adobe (ADBE), Square (SQ), Splunk (SPLK) and salesforce.com (CRM).

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. Louis J. Attanasio, Chief Revenue Officer (Age 60)

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.

Who are Nutanix's major shareholders?

Nutanix's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (0.22%), LaFleur & Godfrey LLC (0.12%), Surevest Inc. (0.05%), Virtu Financial LLC (0.04%), Malaga Cove Capital LLC (0.02%) and Goodwin Daniel L (0.02%). 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, Lightspeed Venture Partners Vi, Louis J Attanasio, Michael Scarpelli, Peter Nieh, Rajiv Mirani, Sudheesh Nair Vadakkedath, Sunil Potti and Tyler Wall. View Institutional Ownership Trends for Nutanix.

Which major investors are selling Nutanix stock?

NTNX stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Strs Ohio. Company insiders that have sold Nutanix company stock in the last year include David Sangster, Duston Williams, Jeffrey T Parks, John Mcadam, Kenneth W Long III, Louis J Attanasio, Michael Scarpelli, Sudheesh Nair Vadakkedath and Tyler Wall. View Insider Buying and Selling for Nutanix.

Which major investors are buying Nutanix stock?

NTNX stock was acquired by a variety of institutional investors in the last quarter, including Surevest Inc., Virtu Financial LLC, Hodges Capital Management Inc., Goodwin Daniel L, LaFleur & Godfrey LLC, Sciencast Management LP, Intl Fcstone Inc. and Malaga Cove Capital LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Nutanix's stock price today?

One share of NTNX stock can currently be purchased for approximately $42.84.

How big of a company is Nutanix?

Nutanix has a market capitalization of $7.80 billion and generates $1.16 billion in revenue each year. The technology company earns $-297,160,000.00 in net income (profit) each year or ($1.69) on an earnings per share basis. Nutanix employs 4,000 workers across the globe.

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:  482 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  827
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 4/20/2019 by MarketBeat.com Staff

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