Nutanix, Inc. (NTNX)
Market Cap | 10.90B |
Revenue (ttm) | 1.94B |
Net Income (ttm) | -181.11M |
Shares Out | 243.42M |
EPS (ttm) | -0.78 |
PE Ratio | n/a |
Forward PE | 85.49 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,984,147 |
Open | 43.19 |
Previous Close | 43.09 |
Day's Range | 43.10 - 44.97 |
52-Week Range | 23.35 - 45.40 |
Beta | 1.25 |
Analysts | Buy |
Price Target | 49.92 (+11.48%) |
Earnings Date | Nov 29, 2023 |
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 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, -68.08% less than in 2022.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for NTNX stock is "Buy." The 12-month stock price forecast is $49.92, which is an increase of 11.48% from the latest price.
News
'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...

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.

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...

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 ...

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...

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...

2 Robust Technology Infrastructure Stocks To Pounce On Now
Technology infrastructure is a vast category encompassing hardware and software components that support and optimize the delivery and utilization of information technology (IT) services. Companies in ...

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...

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...
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.

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...
Nutanix CEO talks Q4 earnings results ahead of investor call
Rajiv Ramaswami, Nutanix CEO, joins 'Closing Bell Overtime' to talk Nutanix quarterly earnings results.

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...

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...

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. ...

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...

Cisco and Nutanix Forge Global Strategic Partnership to Simplify Hybrid Multicloud and Fuel Business Transformation
News Summary: Global strategic partnership aims to accelerate customers' hybrid multicloud adoption, foster innovation, and provide seamless customer experience. Together, Cisco and Nutanix aim to del...

Nutanix Simplifies Adoption of Generative AI with New Nutanix GPT-in-a-Box Solution
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the Nutanix GPT-in-a-Box™ solution for customers looking to jump-start their artific...

Nutanix Announces Date and Conference Call Information for Fiscal Fourth Quarter and Fiscal Year 2023 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 Appoints Mark Templeton to its Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)-- #HCI--Nutanix announced today that it has added Mark Templeton to its board of directors.

Robbins Geller Rudman & Dowd LLP and Levi & Korsinsky, LLP Announce Proposed Settlement in the Nutanix Securities Litigation
SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP and Levi & Korsinsky, LLP regarding the Nutanix Securities Litigation: UNITED STATES DISTRICT CO...

Nutanix: A Promising Opportunity in the Cloud Infrastructure Market
Nutanix Inc. ( NTNX , Financial) is a pure-play software company in the hyperconverged infrastructure, or HCI, category. By integrating compute, storage, networking and virtualization into a software-...

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Nutanix, Inc. with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / June 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Nutanix, Inc. ("Nutanix" or "the ...

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Nutanix, Inc. (NTNX)
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 13, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors...

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Nutanix, Inc. with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / June 12, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Nutanix, Inc. ("Nutanix" or "the ...