Nutanix, Inc. (NTNX)

NASDAQ: NTNX · IEX Real-Time Price · USD
44.78
+1.69 (3.92%)
At close: Dec 1, 2023, 4:00 PM
44.10
-0.68 (-1.52%)
After-hours: Dec 1, 2023, 7:42 PM EST
3.92%
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]

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, -68.08% less than in 2022.

Financial Statements

Analyst 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.

Price Target
$49.92
(11.48% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

1 day 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.

3 days 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...

4 days 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 ...

4 days 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...

4 weeks 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...

5 weeks ago - Business Wire

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 ...

Other symbols: PSTG
5 weeks ago - MarketBeat

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...

2 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...

2 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
3 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
3 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.

3 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...

3 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...

3 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. ...

3 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
3 months ago - Market Watch

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...

Other symbols: CSCO
3 months ago - PRNewsWire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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.

4 months ago - Business Wire

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...

6 months ago - Business Wire

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-...

6 months ago - GuruFocus

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 ...

6 months ago - Accesswire

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...

6 months ago - Business Wire

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 ...

6 months ago - Accesswire