NASDAQ:NTNXNutanix Stock Price, Forecast & News

Nutanix's stock was trading at $15.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NTNX stock has increased by 42.5% and is now trading at $22.58.
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19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutanix in the last year. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Nutanix is scheduled to release its next quarterly earnings announcement on Tuesday, September 1st 2020.
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Nutanix will be holding an earnings conference call on Tuesday, September 1st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Nutanix Inc (NASDAQ:NTNX) posted its quarterly earnings data on Wednesday, May, 27th. The technology company reported ($0.69) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.86) by $0.17. The technology company had revenue of $318.30 million for the quarter, compared to the consensus estimate of $314.53 million. Nutanix had a negative return on equity of 1,175,319.00% and a negative net margin of 68.91%. The business's quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.56) EPS.
View Nutanix's earnings history.

19 analysts have issued 12-month price targets for Nutanix's stock. Their forecasts range from $15.00 to $52.00. On average, they expect Nutanix's share price to reach $32.18 in the next year. This suggests a possible upside of 42.5% from the stock's current price.
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News coverage about NTNX stock has trended neutral this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nutanix earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Nutanix.

Some companies that are related to Nutanix include Paycom Software (PAYC), Citrix Systems (CTXS), SS&C Technologies (SSNC), Symantec (SYMC), Nice (NICE), Tyler Technologies (TYL), NortonLifeLock (NLOK), Black Knight (BKI), HubSpot (HUBS), Cloudflare (NET), Mongodb (MDB), Temenos (TMNSF), Dynatrace (DT), Ceridian HCM (CDAY) and UBISOFT ENTMT S/ADR (UBSFY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Nutanix investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Square (SQ), Twilio (TWLO), Netflix (NFLX), Advanced Micro Devices (AMD), salesforce.com (CRM), Tesla (TSLA) and Roku (ROKU).

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

Nutanix's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (1.91%), New York State Common Retirement Fund (0.79%), Swiss National Bank (0.20%), Raymond James & Associates (0.16%), Nepsis Inc. (0.15%) and LaFleur & Godfrey LLC (0.13%). Company insiders that own Nutanix stock include Aaron Boynton, David Sangster, Dheeraj Pandey, Duston Williams, Jeffrey T Parks, John Mcadam, Louis J Attanasio, Ravi Mhatre and Tyler Wall.
View institutional ownership trends for Nutanix.

NTNX stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Envestnet Asset Management Inc., Mitsubishi UFJ Kokusai Asset Management Co. Ltd., SG Americas Securities LLC, Comerica Bank, Ieq Capital LLC, Amalgamated Bank, and Surevest LLC. Company insiders that have sold Nutanix company stock in the last year include Aaron Boynton, David Sangster, Dheeraj Pandey, Duston Williams, Ravi Mhatre, and Tyler Wall.
View insider buying and selling activity for Nutanix.

NTNX stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Nepsis Inc., New York State Common Retirement Fund, NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., Swiss National Bank, Trexquant Investment LP, and Rafferty Asset Management LLC.
View insider buying and selling activity 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 $22.58.

Nutanix has a market capitalization of $4.40 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.

The official website for Nutanix is 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]