Nutanix, Inc. (NTNX)

NASDAQ: NTNX · IEX Real-Time Price · USD
59.79
+0.38 (0.64%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.64%
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]

Sector Technology
IPO Date Sep 30, 2016
Employees 6,450
Stock Exchange NASDAQ
Ticker Symbol NTNX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$67.64
(13.13% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

7 days ago - Business Wire

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.

15 days ago - Business Wire

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...

22 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Market Watch

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...

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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 ...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.

3 months ago - Business Wire

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...

3 months ago - Business Wire

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.

3 months ago - Business Wire

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...

Other symbols: WIT
4 months ago - Business Wire

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...

4 months ago - Market Watch

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...

4 months ago - Yahoo Finance

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

'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...

7 months ago - Yahoo Finance