Nutanix, Inc. (NTNX)
Market Cap | 14.75B |
Revenue (ttm) | 2.10B |
Net Income (ttm) | -11.96M |
Shares Out | 246.64M |
EPS (ttm) | -0.06 |
PE Ratio | n/a |
Forward PE | 53.72 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,992,233 |
Open | 59.48 |
Previous Close | 59.41 |
Day's Range | 58.16 - 60.71 |
52-Week Range | 26.85 - 73.69 |
Beta | 1.10 |
Analysts | Buy |
Price Target | 67.64 (+13.13%) |
Earnings Date | May 29, 2024 |
About NTNX
Nutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers hyperconverged infrastructure software stack that converges virtualization, storage, and networking services into a turnkey solution; Acropolis Hypervisor, an enterprise-grade virtualization solution; flow virtual networking and flow network security, which offers services to visualize the network, automate common network operations, and build virtual private networks; Nutanix Kubernetes ... [Read more]
Financial Performance
In 2023, Nutanix's revenue was $1.86 billion, an increase of 17.85% compared to the previous year's $1.58 billion. Losses were -$254.56 million, -68.14% less than in 2022.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for NTNX stock is "Buy." The 12-month stock price forecast is $67.64, which is an increase of 13.13% from the latest price.
News
Nutanix Study Projects Hybrid Multicloud Adoption for Financial Services Will Triple, as Organizations Prioritize Data Security & AI
SAN JOSE, Calif.--(BUSINESS WIRE)-- #HCI--Nutanix announced the findings of its sixth annual global Financial Services Enterprise Cloud Index survey and research report.
Nutanix Appoints Brian Martin as Chief Legal Officer
SAN JOSE, Calif.--(BUSINESS WIRE)-- #HCI--Nutanix has named Brian Martin as Chief Legal Officer of the company.
Nutanix Announces Receipt of Notice of Conversion for its 2.50% Convertible Senior Notes due 2026
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it received a notice of conversion from BCPE Nucleon (DE) SPV, LP, an entity af...
Nutanix to Present at Upcoming Investor Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its management will present at the following upcoming financial community...
Nutanix offers weaker guidance, and stock drops 12%
Shares of Nutanix Inc. fell more than 12% in the extended session Thursday after the cloud-computing company reported a mixed quarter, missing revenue expectations by a wide margin, and offered weaker...
Nutanix Reports Third Quarter Fiscal 2024 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced financial results for its third quarter ended April 30, 2024. “We delivered so...
Nutanix Adds Power Monitoring to Help Customers Track Sustainability Progress
BARCELONA, Spain--(BUSINESS WIRE)-- #HCI--.NEXT Conference – Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced new capabilities in Nutanix Cloud Platform that will deliv...
Nutanix Accelerates Hypervisor Innovation to Drive Enterprise Modernization
BARCELONA, Spain--(BUSINESS WIRE)-- #HCI--.NEXT Conference – Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced new Nutanix AHV deployment options and programs to help cu...
Nutanix Accelerates Enterprise Adoption of Generative AI
BARCELONA, Spain--(BUSINESS WIRE)-- #HCI--.NEXT Conference – Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced new functionality for Nutanix GPT-in-a-Box, including inte...
Nutanix Simplifies Management and Operations of Kubernetes Clusters Anywhere to Speed Innovation
BARCELONA, Spain--(BUSINESS WIRE)-- #HCI--.NEXT Conference – Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced Nutanix Kubernetes® Platform (NKP) to simplify management ...
Nutanix and Dell Technologies Collaborate on New Joint Solutions for Hybrid Multicloud
BARCELONA, Spain--(BUSINESS WIRE)-- #HCI--.NEXT Conference – Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced a collaboration with Dell Technologies aimed at accelerati...
Nutanix and EDB Partner to Deliver a Modern Data Platform
BARCELONA, Spain--(BUSINESS WIRE)-- #HCI--.NEXT Conference – Today, Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, and EnterpriseDB (“EDB”), a leader in accelerating PostgreSQL in th...
Nutanix and NVIDIA Collaborate to Accelerate Enterprise AI Adoption
BARCELONA, Spain--(BUSINESS WIRE)-- #HCI--.NEXT Conference – Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced a collaboration with NVIDIA aimed at helping enterprises m...
Nutanix Announces Date and Conference Call Information for Third Quarter Fiscal Year 2024 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it will report its financial results for the third quarter of fiscal year...
Nutanix Study Finds Public Sector IT Investment Focused on AI, Ransomware Protection, and Operational Efficiency
SAN JOSE, Calif.--(BUSINESS WIRE)-- #HCI--Nutanix announced the findings of its sixth annual global Public Sector Enterprise Cloud Index (ECI) survey and research report.
Nutanix Study Finds AI, Security, and Sustainability are Driving the Need for IT Infrastructure Modernization in Healthcare
SAN JOSE, Calif.--(BUSINESS WIRE)-- #HCI--Nutanix announced the findings of its annual global Healthcare Enterprise Cloud Index report, which measures enterprise progress with cloud adoption.
Nutanix Announces 2024 .NEXT Event Lineup: Say “Yes” to Hybrid Multicloud
SAN JOSE, Calif.--(BUSINESS WIRE)-- #HCI--Nutanix has announced programming for its .NEXT 2024 event, which is set to take place in Barcelona, Spain from May 21-23.
Nutanix Files Theft of Intellectual Property Lawsuit Against Tessell, Inc.
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it filed a lawsuit in the U.S. District Court in San Jose, alleging that Tessel...
Nutanix Study Finds AI, Security, and Sustainability Are Major Drivers for IT Modernization
SAN JOSE, Calif.--(BUSINESS WIRE)-- #HCI--Nutanix announced the findings of its 6th annual Enterprise Cloud Index (ECI) report, which measures global enterprise progress with cloud adoption.
Wipro Expands Partnership with Nutanix to Launch a New Nutanix Business Unit
EAST BRUNSWICK, N.J. & SAN JOSE, Calif. & BENGALURU, India--(BUSINESS WIRE)-- #HCI--WiPro expands partnership with Nutanix to launch a new Nutanix Business Unit to accelerate hybrid multicloud innovat...
It's not just Nvidia: These companies are finally making real money from AI
Generative AI, hailed for more than a year now as tech's new frontier, is steadily scoring enterprise sales. And it isn't just Nvidia Corp. NVDA, -5.55% that is racking up stratospheric revenue and ma...
Nutanix CEO talks earnings, the future of cloud computing, and AI
Cloud computing and software company Nutanix (NTNX) blew past its fiscal second-quarter earnings results, posting gains of $0.46 per share. Nutanix CEO Rajiv Ramaswami joins Yahoo Finance Live anchors...
Nutanix Reports Second Quarter Fiscal 2024 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced financial results for its second quarter ended January 31, 2024. “Our discipli...
Nutanix Announces Date and Conference Call Information for Second Quarter Fiscal Year 2024 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it will report its financial results for the second quarter of fiscal yea...
'Every company is a tech company,' says Nutanix CEO on businesses going digital and using AI
Nutanix (NTNX) shares are seeing a boost this morning after topping fiscal first-quarter earnings estimates. Nutanix CEO Rajiv Ramaswami joins Yahoo Finance Live to weigh in on the factors that have d...