Nutanix, Inc. (NTNX)

NASDAQ: NTNX · Real-Time Price · USD
65.07
+1.17 (1.83%)
At close: Dec 20, 2024, 4:00 PM
66.40
+1.33 (2.04%)
After-hours: Dec 20, 2024, 7:35 PM EST
1.83%
Market Cap 17.43B
Revenue (ttm) 2.23B
Net Income (ttm) -79.00M
Shares Out 267.93M
EPS (ttm) -0.31
PE Ratio n/a
Forward PE 42.89
Dividend n/a
Ex-Dividend Date n/a
Volume 3,731,568
Open 63.40
Previous Close 63.90
Day's Range 63.23 - 65.82
52-Week Range 43.35 - 75.80
Beta 1.15
Analysts Buy
Price Target 79.47 (+22.13%)
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]

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 16 analysts, the average rating for NTNX stock is "Buy." The 12-month stock price forecast is $79.47, which is an increase of 22.13% from the latest price.

Price Target
$79.47
(22.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

9 days 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...

10 days 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,...

23 days ago - Seeking Alpha

Nutanix to Present at Upcoming Investor Conference

SAN JOSE, Calif., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Nutanix , Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its management will present at the following upcoming ...

23 days ago - GlobeNewsWire

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%.

23 days ago - Benzinga

Nutanix Analysts Boost Their Forecasts After Upbeat Earnings

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

23 days 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
24 days 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...

24 days 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...

24 days 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 ...

26 days 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.

5 weeks 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...

5 weeks 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....

6 weeks 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.

6 weeks 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...

2 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...

2 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.

2 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...

3 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.

3 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...

3 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.

4 months ago - Benzinga

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...

4 months ago - Seeking Alpha

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. ...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Seeking Alpha