Nutanix, Inc. (NTNX)

NASDAQ: NTNX · IEX Real-Time Price · USD
58.75
-0.78 (-1.31%)
At close: Apr 19, 2024, 4:00 PM
59.00
+0.25 (0.43%)
After-hours: Apr 19, 2024, 6:32 PM EDT
-1.31%
Market Cap 14.35B
Revenue (ttm) 2.02B
Net Income (ttm) -67.31M
Shares Out 244.33M
EPS (ttm) -0.30
PE Ratio n/a
Forward PE 66.20
Dividend n/a
Ex-Dividend Date n/a
Volume 2,515,015
Open 59.07
Previous Close 59.53
Day's Range 58.10 - 59.70
52-Week Range 23.35 - 66.99
Beta 1.28
Analysts Buy
Price Target 64.00 (+8.94%)
Earnings Date May 22, 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 14 analysts, the average rating for NTNX stock is "Buy." The 12-month stock price forecast is $64.0, which is an increase of 8.94% from the latest price.

Price Target
$64.0
(8.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 days 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.

11 days 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...

4 weeks 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.

4 weeks 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
5 weeks 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...

5 weeks 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...

7 weeks ago - Yahoo Finance

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...

7 weeks ago - Business Wire

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...

7 weeks 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...

2 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...

4 months ago - Yahoo Finance

These advisers say markets are expecting unrealistic outcomes. Here are some alternatives.

Stocks are poised for an upbeat finish to the best month of gains for 2023, as the fever pitch around Fed rate cuts next year grows. It's all teeing up nicely for that Santa rally, maybe.

5 months ago - Market Watch

Nutanix's stock rises on earnings, revenue beats

Nutanix Inc.'s NTNX, +2.59% stock was up 1.4% in extended trading Wednesday after the company reported quarterly results that eclipsed analyst revenue and earnings estimates. Nutanix reported a fiscal...

5 months ago - Market Watch

Nutanix Reports First 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 first quarter ended October 31, 2023. “We delivered ...

5 months ago - Business Wire

Nutanix Announces Date and Conference Call Information for First 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 first quarter of fiscal year...

6 months ago - Business Wire

Nutanix Hybrid Multicloud Platform Recognized as a Leader

SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced it has been named a Leader in The Forrester Wave™: Hyperconverged Infrastructure, Q3...

6 months ago - Business Wire

Nutanix Strengthens Cyber Resilience with Accelerated Ransomware Detection and Recovery

SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced new features in the Nutanix Cloud Platform to strengthen organizations' cyber resili...

7 months ago - Business Wire

Micron Selects Nutanix Cloud Platform for Its Manufacturing Facilities Globally

SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that Micron Technology, an industry leader in innovative memory and storage solution...

7 months ago - Business Wire

Peng delivieries, Nutanix, Broadcom stock: Trending tickers September 1, 2023

Yahoo Finance Live's Brad Smith and Rachelle Akuffo break down the top trending stocks after Friday's opening bell which include Xpeng, Nutanix, and Broadcom.

Other symbols: AVGO
8 months ago - Yahoo Finance

Nutanix and Dell shares rally after results, while Broadcom's stock falls and more moving shares

Nutanix Inc.'s NTNX, +0.94% stock soared more than 18% after quarterly revenue and earnings surpassed analyst estimates, and fiscal first-quarter sales guidance blew past forecasts. The company also a...

Other symbols: AVGODELL
8 months ago - Market Watch

Nutanix CEO talks Q4 earnings results ahead of investor call

Rajiv Ramaswami, Nutanix CEO, joins 'Closing Bell Overtime' to talk Nutanix quarterly earnings results.

8 months ago - CNBC Television

Nutanix's stock soars 12% on revenue beat, strong sales guidance

Nutanix Inc.'s NTNX, +0.94% stock improved 12% in extended trading Thursday after the company reported quarterly revenue that topped analyst estimates and issued strong sales guidance. The company's b...

8 months ago - Market Watch

Nutanix Announces Share Repurchase Program

SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its Board of Directors has authorized the repurchase of up to $350 million of i...

8 months ago - Business Wire

Nutanix Reports Fourth Quarter and Fiscal 2023 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, 2023. ...

8 months ago - Business Wire

Cisco, Nutanix partner on simplified hybrid multicloud

Network giant Cisco Systems Inc. CSCO, +0.90% and Nutanix Inc. NTNX, +3.58% announced a partnership late Monday that is intended to simplify businesses transitions into multicloud systems. Nutanix pro...

Other symbols: CSCO
8 months ago - Market Watch