NASDAQ:NTNX Nutanix (NTNX) Stock Forecast, Price & News $29.47 -0.21 (-0.71%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$29.37▼$30.5950-Day Range$23.42▼$29.6852-Week Range$13.44▼$33.73Volume3.24 million shsAverage Volume1.40 million shsMarket Capitalization$6.78 billionP/E RatioN/ADividend YieldN/APrice Target$33.62 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Nutanix MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside14.5% Upside$33.75 Price TargetShort InterestHealthy1.97% of Shares Sold ShortDividend StrengthN/ASustainability-0.84Upright™ Environmental ScoreNews Sentiment0.48Based on 47 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.11) to ($1.01) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.10 out of 5 starsComputer And Technology Sector351st out of 623 stocksPrepackaged Software Industry112th out of 217 stocks 2.4 Analyst's Opinion Consensus RatingNutanix has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.75, Nutanix has a forecasted upside of 14.5% from its current price of $29.47.Amount of Analyst CoverageNutanix has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.97% of the outstanding shares of Nutanix have been sold short.Short Interest Ratio / Days to CoverNutanix has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nutanix has recently decreased by 10.45%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldNutanix does not currently pay a dividend.Dividend GrowthNutanix does not have a long track record of dividend growth. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNutanix has received a 39.55% net impact score from Upright. Nutanix seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Hosted data storage services", "Cloud management tools", and "Hosted computer services" products. See details.Environmental SustainabilityThe Environmental Impact score for Nutanix is -0.84. Previous Next 2.5 News and Social Media Coverage News SentimentNutanix has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 47 news articles for Nutanix this week, compared to 5 articles on an average week.Search Interest5 people have searched for NTNX on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Nutanix to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nutanix insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.43% of the stock of Nutanix is held by insiders.Percentage Held by Institutions76.95% of the stock of Nutanix is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Nutanix are expected to grow in the coming year, from ($1.11) to ($1.01) per share. Previous Next See Top Rated MarketRank™ Stocks Here About Nutanix (NASDAQ:NTNX) StockNutanix, Inc. engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. The firm also provides software solutions and cloud services to customers' enterprise infrastructure. The company was founded by Dheeraj Pandey, Ajeet Singh, and Mohit Aron in 2009 and is headquartered in San Jose, CA.Read More Receive NTNX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nutanix and its competitors with MarketBeat's FREE daily newsletter. Email Address NTNX Stock News HeadlinesMay 28, 2023 | americanbankingnews.comPiper Sandler Raises Nutanix (NASDAQ:NTNX) Price Target to $35.00May 28, 2023 | americanbankingnews.comNutanix (NASDAQ:NTNX) Price Target Raised to $35.00 at Piper SandlerMay 28, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 28, 2023 | americanbankingnews.comNutanix (NASDAQ:NTNX) PT Raised to $34.00May 28, 2023 | americanbankingnews.comBank of America Increases Nutanix (NASDAQ:NTNX) Price Target to $34.00May 26, 2023 | msn.comWells Fargo Maintains Nutanix Inc - (NTNX) Equal-Weight RecommendationMay 26, 2023 | finance.yahoo.comWhy Nutanix Stock Was Climbing This WeekMay 26, 2023 | seekingalpha.comNutanix Q1 Earnings: Shares Spike On Strong GuidanceMay 28, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 26, 2023 | americanbankingnews.comWells Fargo & Company Raises Nutanix (NASDAQ:NTNX) Price Target to $35.00May 26, 2023 | americanbankingnews.comNutanix (NASDAQ:NTNX) Price Target Increased to $38.00 by Analysts at Royal Bank of CanadaMay 25, 2023 | seekingalpha.comNutanix: Rare Sales Momentum In A Tough EnvironmentMay 25, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Nutanix (NTNX) and BigCommerce Holdings (BIGC)May 25, 2023 | markets.businessinsider.comSusquehanna Keeps Their Buy Rating on Nutanix (NTNX)May 25, 2023 | msn.comBarclays Maintains Nutanix Inc - (NTNX) Overweight RecommendationMay 25, 2023 | msn.comNeedham Reiterates Nutanix Inc - (NTNX) Buy RecommendationMay 25, 2023 | finance.yahoo.comAs Nutanix Gaps Higher, Let's Plot a Technical StrategyMay 25, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Nutanix (NTNX) and Snowflake (SNOW)May 25, 2023 | msn.comNutanix Gets Price Target Bumps By Analysts Following Upbeat Q3 Results, Shares SurgeMay 25, 2023 | markets.businessinsider.comBank of America Securities Remains a Hold on Nutanix (NTNX)May 25, 2023 | msn.comNutanix Surges after Upbeat OutlookMay 25, 2023 | msn.comNutanix, Splunk lead cloud stocks higher on strong results, guidanceMay 25, 2023 | finance.yahoo.comNutanix (NTNX) Q3 Earnings and Revenues Surpass EstimatesMay 25, 2023 | americanbankingnews.comNutanix (NASDAQ:NTNX) Price Target Raised to $39.00 at Northland SecuritiesMay 25, 2023 | seekingalpha.comNutanix, Inc. 2023 Q3 - Results - Earnings Call PresentationMay 25, 2023 | americanbankingnews.comNutanix (NASDAQ:NTNX) Price Target Raised to $38.00 at KeyCorpMay 25, 2023 | americanbankingnews.comNutanix (NASDAQ:NTNX) Price Target Raised to $38.00See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NTNX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nutanix and its competitors with MarketBeat's FREE daily newsletter. Email Address NTNX Company Calendar Last Earnings11/23/2021Today5/28/2023Fiscal Year End7/31/2023Next Earnings (Estimated)8/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:NTNX CUSIPN/A CIK1618732 Webwww.nutanix.com Phone(408) 216-8360Fax408-916-4039Employees6,450Year FoundedN/APrice Target and Rating Average Stock Price Forecast$33.75 High Stock Price Forecast$39.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+14.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-797,540,000.00 Net Margins-22.92% Pretax Margin-27.88% Return on EquityN/A Return on Assets-13.71% Debt Debt-to-Equity RatioN/A Current Ratio1.46 Quick Ratio1.46 Sales & Book Value Annual Sales$1.58 billion Price / Sales4.29 Cash FlowN/A Price / Cash FlowN/A Book Value($3.48) per share Price / Book-8.47Miscellaneous Outstanding Shares230,110,000Free Float229,122,000Market Cap$6.78 billion OptionableOptionable Beta1.36 Key ExecutivesRajiv RamaswamiPresident, Chief Executive Officer & DirectorDavid M. SangsterChief Operating OfficerRukmini SivaramanChief Financial & Accounting OfficerWendy M. PfeifferChief Information OfficerShyam DesirazuHead-EngineeringKey CompetitorsCyberArk SoftwareNASDAQ:CYBRNew RelicNYSE:NEWRSmartsheetNYSE:SMARSentinelOneNYSE:SThe Descartes Systems GroupNASDAQ:DSGXView All CompetitorsInsiders & InstitutionsToroso Investments LLCBought 9,947 shares on 5/23/2023Ownership: 0.004%Advisory Services Network LLCBought 13,596 shares on 5/17/2023Ownership: 0.006%Rockefeller Capital Management L.P.Bought 8,080 shares on 5/17/2023Ownership: 0.004%SWAN Capital LLCBought 10,758 shares on 5/16/2023Ownership: 0.005%Sherbrooke Park Advisers LLCSold 500 shares on 5/16/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions NTNX Stock - Frequently Asked Questions Should I buy or sell Nutanix stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NTNX shares. View NTNX analyst ratings or view top-rated stocks. What is Nutanix's stock price forecast for 2023? 9 Wall Street analysts have issued twelve-month price objectives for Nutanix's shares. Their NTNX share price forecasts range from $21.00 to $39.00. On average, they expect the company's stock price to reach $33.75 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View analysts price targets for NTNX or view top-rated stocks among Wall Street analysts. How have NTNX shares performed in 2023? Nutanix's stock was trading at $26.05 at the beginning of 2023. Since then, NTNX stock has increased by 13.1% and is now trading at $29.47. View the best growth stocks for 2023 here. When is Nutanix's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 30th 2023. View our NTNX earnings forecast. How were Nutanix's earnings last quarter? Nutanix, Inc. (NASDAQ:NTNX) issued its quarterly earnings data on Tuesday, November, 23rd. The technology company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.34) by $0.12. The technology company had revenue of $378.50 million for the quarter, compared to analyst estimates of $367.83 million. The firm's revenue for the quarter was up 21.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.88) earnings per share. What ETFs hold Nutanix's stock? ETFs with the largest weight of Nutanix (NASDAQ:NTNX) stock in their portfolio include Adaptiv Select ETF (ADPV), ProShares Big Data Refiners ETF (DAT), First Trust Cloud Computing ETF (SKYY), Pinnacle Focused Opportunities ETF (FCUS), ProShares Ultra Nasdaq Cloud Computing ETF (SKYU), Invesco Dynamic Software ETF (PSJ), iShares Future Cloud 5G and Tech ETF (IDAT) and Fidelity Cloud Computing ETF (FCLD). What guidance has Nutanix issued on next quarter's earnings? Nutanix updated its fourth quarter 2023 earnings guidance on Saturday, May, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $470.00 million-$480.00 million, compared to the consensus revenue estimate of $432.91 million. What is Rajiv Ramaswami's approval rating as Nutanix's CEO? 3 employees have rated Nutanix Chief Executive Officer Rajiv Ramaswami on Glassdoor.com. Rajiv Ramaswami has an approval rating of 100% among the company's employees. This puts Rajiv Ramaswami in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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), Block (SQ), Twilio (TWLO), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Salesforce (CRM) and PayPal (PYPL). When did Nutanix IPO? (NTNX) raised $168 million in an initial public offering 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. What is Nutanix's stock symbol? Nutanix trades on the NASDAQ under the ticker symbol "NTNX." Who are Nutanix's major shareholders? Nutanix's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Generation Investment Management LLP (8.78%), Champlain Investment Partners LLC (3.29%), First Trust Advisors LP (2.72%), FIL Ltd (2.25%), Geode Capital Management LLC (1.46%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Aaron Boynton, Christopher Nicholas Kaddaras, Craig Conway, David Sangster, Dheeraj Pandey, Duston Williams, Martin F Jackson, Rajiv Ramaswami, Rukmini Sivaraman, Susan L Bostrom, Tarkan Maner and Tyler Wall. View institutional ownership trends. How do I buy shares of Nutanix? Shares of NTNX stock 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. What is Nutanix's stock price today? One share of NTNX stock can currently be purchased for approximately $29.47. How much money does Nutanix make? Nutanix (NASDAQ:NTNX) has a market capitalization of $6.78 billion and generates $1.58 billion in revenue each year. How many employees does Nutanix have? The company employs 6,450 workers across the globe. How can I contact Nutanix? Nutanix's mailing address is 1740 TECHNOLOGY DRIVE SUITE 150, SAN JOSE CA, 95110. The official website for the company is www.nutanix.com. The technology company can be reached via phone at (408) 216-8360, via email at ir@nutanix.com, or via fax at 408-916-4039. 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