Nutanix, Inc. (NTNX)
Market Cap | 18.60B |
Revenue (ttm) | 2.15B |
Net Income (ttm) | -124.78M |
Shares Out | 267.84M |
EPS (ttm) | -0.51 |
PE Ratio | n/a |
Forward PE | 47.82 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,914,833 |
Open | 69.17 |
Previous Close | 68.44 |
Day's Range | 68.11 - 69.58 |
52-Week Range | 40.20 - 73.70 |
Beta | 1.17 |
Analysts | Buy |
Price Target | 73.86 (+6.37%) |
Earnings Date | Nov 26, 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 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 StatementsAnalyst Forecast
According to 15 analysts, the average rating for NTNX stock is "Buy." The 12-month stock price forecast is $73.86, which is an increase of 6.37% from the latest price.
News
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.
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...
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....
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.
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...
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...
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.
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...
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.
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...
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...
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.
Nutanix, Inc. (NTNX) Q4 2024 Earnings Call Transcript
Nutanix, Inc. (NASDAQ:NTNX) Q4 2024 Earnings Conference Call August 28, 2024 4:30 PM ET Company Participants Rich Valera - Vice President, Investor Relations Rajiv Ramaswami - President & Chief Execu...
Nutanix Reports Fourth Quarter and 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 fourth quarter and fiscal year ended July 31, 2024. ...
Nutanix Announces Date and Conference Call Information for Fiscal Fourth Quarter and 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 fiscal fourth quarter and fi...
Nutanix: A Leader In The Infrastructure Software Space
Nutanix has become a company generating substantial free cash flow as well as strong revenue growth. Nutanix shares have experienced significant volatility, with recent drops in value due to market se...
Top 4 Tech Stocks That May Explode In July
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. `
Nutanix: Scaling The Clouds Of Profitability
Nutanix, Inc. offers a compelling investment opportunity with its stable growth trajectory and strategic positioning in cloud computing solutions. Nutanix's valuation of 31x next year's non-GAAP opera...
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, Inc. (NTNX) Q3 2024 Earnings Call Transcript
Nutanix, Inc. (NASDAQ:NTNX) Q3 2024 Earnings Conference Call May 29, 2024 4:30 PM ET Company Participants Rich Valera - VP, IR Rajiv Ramaswami - President and CEO Rukmini Sivaraman - CFO Conference C...
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 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...