Nutanix, Inc. (NTNX)

NASDAQ: NTNX · Real-Time Price · USD
69.74
-2.35 (-3.26%)
At close: Feb 21, 2025, 4:00 PM
69.50
-0.24 (-0.34%)
After-hours: Feb 21, 2025, 5:37 PM EST
-3.26%
Market Cap 18.69B
Revenue (ttm) 2.23B
Net Income (ttm) -79.00M
Shares Out 267.93M
EPS (ttm) -0.31
PE Ratio n/a
Forward PE 45.85
Dividend n/a
Ex-Dividend Date n/a
Volume 1,549,384
Open 72.11
Previous Close 72.09
Day's Range 69.33 - 72.11
52-Week Range 43.35 - 75.80
Beta 1.17
Analysts Buy
Price Target 79.50 (+14.0%)
Earnings Date Feb 26, 2025

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]

Sector Technology
IPO Date Sep 30, 2016
Employees 7,150
Stock Exchange NASDAQ
Ticker Symbol NTNX
Full Company Profile

Financial Performance

In 2024, Nutanix's revenue was $2.15 billion, an increase of 15.35% compared to the previous year's $1.86 billion. Losses were -$124.78 million, -50.98% less than in 2023.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for NTNX stock is "Buy." The 12-month stock price forecast is $79.5, which is an increase of 14.00% from the latest price.

Price Target
$79.5
(14.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

QualityKiosk and DevRev Partner to Enhance Customer Experience and Product Development Through AI-Led Insights

SAN JOSE, Calif.--(BUSINESS WIRE)-- #AI--QualityKiosk Technologies is announcing its partnership with rapidly growing DevRev, a Vinod Khosla venture.

Other symbols: ADBE
1 day ago - Business Wire

Nutanix Announces Date and Conference Call Information for Second Quarter Fiscal Year 2025 Financial Results

SAN JOSE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Nutanix , Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it will report its financial results for the second qu...

15 days ago - GlobeNewsWire

Rapid GenAI Application Adoption Drives New Era of Application and Infrastructure Modernization

Nutanix study reveals that GenAI is changing organizations priorities, with security and privacy being a primary concern

16 days ago - GlobeNewsWire

Traefik Labs Delivers Seamless API Gateway and Ingress Controller Integration for Nutanix Kubernetes Platform (NKP)

SAN FRANCISCO--(BUSINESS WIRE)-- #ai--Traefik Labs, creator of the world's leading cloud-native application proxy, integrates Proxy with the Nutanix Kubernetes Platform® (NKP) solution.

23 days ago - Business Wire

Nutanix to Present at Upcoming Investor Conference

SAN JOSE, Calif., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Nutanix , Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its management will present at the following upcoming ...

6 weeks ago - GlobeNewsWire

Nutanix Announces Pricing of $750 Million 0.50% Convertible Senior Notes

SAN JOSE, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (“Nutanix”) (Nasdaq: NTNX) , a leader in hybrid multicloud computing, today announced the pricing of $750 million aggregate principal ...

2 months ago - GlobeNewsWire

Nutanix Announces Proposed $750 Million Convertible Senior Notes Offering

SAN JOSE, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (“Nutanix”) (Nasdaq: NTNX), a leader in hybrid multicloud computing, today announced its intention to offer, subject to market conditi...

2 months ago - GlobeNewsWire

Nutanix: After The Beat-And-Raise, It's Time To Buy The Dip

Shares of Nutanix fell ~8% after reporting Q1 results, despite substantially beating Street expectations and raising full-year margin and FCF estimates. Nutanix's Q1 results show a 16% revenue growth,...

3 months ago - Seeking Alpha

Nutanix Q1 Results Offset By Slowing Annual Recurring Revenue, Federal Vertical Weakness: Analysts

Nutanix, Inc. NTNX shares are trading lower on Wednesday. The company's annual recurring revenue grew 18%, while revenue jumped 16%.

3 months ago - Benzinga

Nutanix Analysts Boost Their Forecasts After Upbeat Earnings

Nutanix, Inc. NTNX reported better-than-expected first-quarter financial results on Tuesday.

3 months ago - Benzinga

Top 3 Tech Stocks That May Collapse This Month

As of Nov. 27, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: AMBARDCM
3 months ago - Benzinga

Nutanix, Inc. (NTNX) Q1 2025 Earnings Call Transcript

Nutanix, Inc. (NASDAQ:NTNX) Q1 2025 Earnings Conference Call November 26, 2024 4:30 PM ET Company Participants Rich Valera - VP, IR Rajiv Ramaswami - President and CEO Rukmini Sivaraman - CFO Confere...

3 months ago - Seeking Alpha

Nutanix Reports First Quarter Fiscal 2025 Financial Results

Delivers Outperformance Across All First Quarter Guided Metrics Reports 18% YoY ARR Growth and Strong Free Cash Flow SAN JOSE, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (NASDAQ: NTNX), a...

3 months ago - GlobeNewsWire

Nutanix Q1 Preview: Likely Gaining Shares From VMware; 'Strong Buy'

Nutanix is set to gain significant market share from VMware due to Broadcom's changes, with a 'Strong Buy' rating and a $90 target price. Nutanix's strong ACV and ARR growth is driven by partnerships ...

3 months ago - Seeking Alpha

Nutanix Catalysts Include HCI Growth, VMware Market Share Shift, And AI Demand: Analyst

Oppenheimer analyst Param Singh initiated coverage on Nutanix Inc NTNX with an Outperform rating and a price target of $80.

3 months ago - Benzinga

Nutanix Extends AI Platform to Public Cloud

SALT LAKE CITY, Nov. 12, 2024 (GLOBE NEWSWIRE) -- KubeCon –  Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it extended the company's AI infrastructure platform...

3 months ago - GlobeNewsWire

Nutanix Expands Partnership with AWS

SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced an expanded strategic collaboration with Amazon Web Services, Inc....

3 months ago - GlobeNewsWire

Nutanix is Positioned Furthest in Vision Among All Vendors in 2024 Gartner® Magic Quadrant™ for File and Object Storage Platforms

Nutanix today announced it is positioned furthest in vision among all vendors in the 2024 Gartner Magic Quadrant for File and Object Storage Platforms.

3 months ago - GlobeNewsWire

Nutanix Is Taking Market Share

Nutanix, Inc. has turned around with strong revenue growth, driven by its pioneering HCI technology and expanding enterprise cloud platform. The company benefits from market trends like hybrid multi-c...

4 months ago - Seeking Alpha

Nutanix is Named a Leader in 2024 Gartner® Magic Quadrant™ for Distributed Hybrid Infrastructure

SAN JOSE, Calif., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced it has been named as a Leader in the Gartner Magic Quadrant for Di...

4 months ago - GlobeNewsWire

Nutanix Inc (NTNX) Shares Up 3.53% on Oct 2

Shares of Nutanix Inc (NTNX, Financial) surged 3.53% in mid-day trading on Oct 2. The stock reached an intraday high of $58.77, before settling at $58.46, up from its previous close of $56.46.

5 months ago - GuruFocus

Nutanix: Shifting To A Buy As The Company Enters FY2025 On Solid Footing (Rating Upgrade)

Nutanix is a buy due to strong Q4 earnings, record new logo adds, and expanding reseller network, indicating robust go-to-market performance. The company is a leader in hybrid cloud, with AI driving a...

5 months ago - Seeking Alpha

Nutanix CEO: No signs of slowdown in spending in digital transformation

Rajiv Ramaswami, the CEO of cloud computing company Nutanix, talks about enterprise spending on artificial intelligence, and why demand is set to stay resilient.

5 months ago - CNBC International TV

Nutanix: Mid-Teens Growth Is Easily Achievable

I maintain a buy rating for Nutanix stock due to robust growth outlook and signs of capturing market share from VMware. Despite a slowdown in headline revenue growth, strong ACV billings and ARR growt...

5 months ago - Seeking Alpha

These Analysts Boost Their Forecasts On Nutanix After Upbeat Earnings

Nutanix, Inc. NTNX reported better-than-expected fourth-quarter financial results and issued FY25 revenue guidance above estimates on Wednesday.

6 months ago - Benzinga