Nutanix, Inc. (NTNX)

NASDAQ: NTNX · IEX Real-Time Price · USD
17.26
-0.08 (-0.46%)
At close: Aug 11, 2022 4:00 PM
17.78
+0.52 (3.01%)
Pre-market: Aug 12, 2022 4:00 AM EDT
-0.46%
Market Cap 4.02B
Revenue (ttm) 1.59B
Net Income (ttm) -1.00B
Shares Out 232.77M
EPS (ttm) -4.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,918,309
Open 17.52
Previous Close 17.34
Day's Range 17.15 - 17.68
52-Week Range 13.44 - 44.50
Beta 1.44
Analysts Buy
Price Target 25.76 (+49.2%)
Earnings Date Aug 31, 2022

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 Acropolis converges virtualization, enterprise storage services, and networking visualization and security services; Acropolis Hypervisor, an enterprise-grade virtualization solution; Nutanix Karbon for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments; and Nutanix Clusters solution. I... [Read more...]

Industry Software
IPO Date Sep 30, 2016
CEO Dheeraj Pandey
Employees 6,080
Stock Exchange NASDAQ
Ticker Symbol NTNX
Full Company Profile

Financial Performance

In 2021, Nutanix's revenue was $1.39 billion, an increase of 6.63% compared to the previous year's $1.31 billion. Losses were -$1.03 billion, 18.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for NTNX stock is "Buy." The 12-month stock price forecast is 25.76, which is an increase of 49.25% from the latest price.

Price Target
$25.76
(49.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Nutanix plans to cut 4% of staff in what analyst sees as 'long overdue' move

Nutanix Inc. NTNX, -3.64% announced late Tuesday that it planned to cut about 4% of its workforce, or roughly 270 employees, "following a review of its business structure and after taking other cost-cut...

Nutanix Announces Date and Conference Call Information for Fiscal Fourth Quarter and Fiscal Year 2022 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 fisc...

Nutanix appoints new revenue chief, expects high end of forecasts

Nutanix Inc. shares rallied in the extended session Monday after the hyperconverged-infrastructure company appointed a new chief revenue officer and said it expects to perform at the high end of its exp...

Nutanix Names Andrew Brinded as Chief Revenue Officer

SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the appointment of Andrew Brinded as Chief Revenue Officer, effective immediately. Bri...

Market Sell-Off: 2 Beaten-Down Nasdaq Stocks to Buy Before the Bull Market Begins

These beaten-down companies could step on the gas thanks to the healthy markets they operate in.

Other symbols: LRCX

Nutanix (NTNX) Down 9.2% Since Last Earnings Report: Can It Rebound?

Nutanix (NTNX) reported earnings 30 days ago. What's next for the stock?

1 Tech Stock Down 56% That's a Screaming Bargain Right Now

This cloud company could take off in the long run thanks to a massive end-market opportunity.

Why Nutanix Tanked 20.1% This Week

The hybrid cloud company reported disappointing quarterly earnings.

Nutanix to Present at Upcoming Investor Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its management will present at the following upcoming financial community virtual...

Nutanix (NTNX) Q3 Loss Narrower Than Estimated, Revenues Miss

Nutanix (NTNX) delivers record ACV billings in the third quarter of fiscal 2022, primarily driven by strong demand for its hybrid multi-cloud software solutions.

Why Nutanix Stock Is Sinking Today

Nutanix Inc (NASDAQ: NTNX) shares are trading significantly lower Thursday after the company reported financial results and issued guidance below analyst estimates. Nutanix reported fiscal third-quarter...

Why Nutanix Stock Fell Hard Today

A worse-than-expected loss in the quarter and poor guidance sent Nutanix's stock reeling.

2 More Tumbling Tech Stocks Aren't Holding the Nasdaq Back

Thursday morning offered some more gains for the hard-hit stock market index.

Other symbols: NVDA

Biggest stock downgrades of the day – May 26, 2022

A squeeze on the lower-income consumer, as shown by the reports last week by retailers, could be a wake-up call.

Other symbols: KHC

Nutanix (NTNX) Reports Q3 Loss, Tops Revenue Estimates

Nutanix (NTNX) delivered earnings and revenue surprises of 77.27% and 1.35%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

Why Nutanix Shares Are Plummeting After Hours

Nutanix Inc (NASDAQ: NTNX) reported third-quarter revenue growth of 17.2% year-over-year to $403.66 million, beating the consensus of $397.87 million. Adjusted EPS was $(0.05), above the consensus of $(...

Nutanix stock dives more than 20% after earnings include poor forecast

Nutanix Inc. shares dove more than 20% in after-hours trading Wednesday following a poor fourth-quarter forecast.

Nutanix Reports Third Quarter Fiscal 2022 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, 2022. “Our third quarter...

Why Nutanix Blasted More Than 5% Higher Today

The buyout-rumor mill starts turning for the cloud-computing company.

Factors Likely to Decide Nutanix's (NTNX) Fate in Q3 Earnings

Nutanix's (NTNX) Q3 results are likely to reflect significant growth in emerging products ACV bookings. It is likely to gain from cloud migration driven by the ongoing remote-working trend worldwide.

Nutanix Named a 2022 Gartner® Peer Insights™ Customers' Choice for Hyperconverged Infrastructure Software and Distrib...

SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, announced today that it has been named a Customers' Choice in the 2022 Gartner Peer Insights ‘Voice of...

Study Shows Financial Services Organizations are in Early Phases of Multicloud Adoption

SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, announced the financial services findings of its global 2022 Enterprise Cloud Index (ECI) survey and r...

Is Nutanix Stock a Buy Ahead of Earnings?

NTNX stock trades near its 52-week low and its upcoming earnings should be very strong to fuel a rebound for Nutanix. The post Is Nutanix Stock a Buy Ahead of Earnings?

Nutanix Announces Date and Conference Call Information for Third Quarter Fiscal 2022 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it will report its financial results for the third quarter of fiscal year 2022, w...

Arctic Wolf Appoints Duston Williams as Chief Financial Officer

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--Arctic Wolf appoints Duston Williams as Chief Financial Officer

Other symbols: INFN