NASDAQ:NTNX - Nutanix Stock Price, Price Target & More

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

Nutanix Inc (NASDAQ:NTNX) released its quarterly earnings data on Thursday, May, 24th. The technology company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.19) by $0.02. The technology company earned $289.40 million during the quarter, compared to the consensus estimate of $278.72 million. Nutanix had a negative net margin of 27.88% and a negative return on equity of 126.21%. The business's revenue was up 40.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.42) earnings per share. View Nutanix's Earnings History.

Nutanix is scheduled to release their next quarterly earnings announcement on Thursday, August, 30th 2018. View Earnings Estimates for Nutanix.

Nutanix issued an update on its fourth quarter earnings guidance on Thursday, May, 24th. The company provided EPS guidance of ($0.22)-($0.20) for the period, compared to the Thomson Reuters consensus estimate of ($0.13). The company issued revenue guidance of $295-$300, compared to the consensus revenue estimate of $288.99 million.

21 analysts have issued 1-year target prices for Nutanix's shares. Their predictions range from $21.00 to $70.00. On average, they expect Nutanix's share price to reach $54.00 in the next twelve months. This suggests that the stock has a possible downside of 6.1%. View Analyst Ratings 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, 2 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Nutanix include ServiceNow (NOW), Autodesk (ADSK), Square (SQ), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Splunk (SPLK), ANSYS (ANSS), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Mobileye (MBBYF), Synopsys (SNPS), Symantec (SYMC), UBISOFT Entmt S/ADR (UBSFY) and SS&C Technologies (SSNC).

(NTNX) raised $168 million in an initial public offering 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.

Media coverage about NTNX stock has trended positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nutanix earned a coverage optimism score of 0.32 on Accern's scale. They also gave news headlines about the technology company an impact score of 45.75 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Nutanix's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Trinity Street Asset Management LLP (0.32%), Bank of Montreal Can (0.04%), American National Bank (0.03%), Xact Kapitalforvaltning AB (0.01%), State of Alaska Department of Revenue (0.01%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Nutanix stock include Canada Pension Plan Investment, Christopher J Schaepe, David Sangster, Dheeraj Pandey, Duston Williams, Jeffrey T Parks, Kenneth W Long III, Lightspeed Venture Partners Vi, Michael Scarpelli, Peter Nieh, Rajiv Mirani, Sudheesh Nair Vadakkedath and Sunil Potti. View Institutional Ownership Trends for Nutanix.

NTNX stock was sold by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C. and Creative Financial Designs Inc. ADV. Company insiders that have sold Nutanix company stock in the last year include Christopher J Schaepe, David Sangster, Dheeraj Pandey, Duston Williams, Jeffrey T Parks, Kenneth W Long III, Michael Scarpelli, Peter Nieh, Rajiv Mirani, Sudheesh Nair Vadakkedath and Sunil Potti. View Insider Buying and Selling for Nutanix.

NTNX stock was purchased by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP, American National Bank, State of Alaska Department of Revenue, Bank of Montreal Can and Xact Kapitalforvaltning AB. 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, Scottrade, Fidelity and Charles Schwab.

One share of NTNX stock can currently be purchased for approximately $57.51.

Nutanix has a market capitalization of $9.62 billion and generates $766.87 million in revenue each year. The technology company earns $-458,010,000.00 in net income (profit) each year or ($3.33) on an earnings per share basis. Nutanix employs 2,813 workers across the globe.

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]