Nutanix, Inc. (NTNX)
NASDAQ: NTNX · Real-Time Price · USD
71.47
+2.03 (2.92%)
Nov 21, 2024, 11:09 AM EST - Market open
Nutanix Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Nutanix stock have an average target of 73.86, with a low estimate of 42 and a high estimate of 85. The average target predicts an increase of 3.34% from the current stock price of 71.47.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Nutanix stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 11 | 11 | 10 | 10 | 10 | 11 |
| Hold | 2 | 2 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 15 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Initiates $80 | Buy | Initiates | $80 | +11.94% | Nov 13, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $71 → $72 | Hold → Buy | Upgrades | $71 → $72 | +0.74% | Oct 28, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold Maintains $71 → $74 | Hold | Maintains | $71 → $74 | +3.54% | Aug 30, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $70 → $75 | Buy | Maintains | $70 → $75 | +4.94% | Aug 29, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $76 → $77 | Buy | Maintains | $76 → $77 | +7.74% | Aug 29, 2024 |
Financial Forecast
Revenue This Year
2.50B
from 2.15B
Increased by 16.53%
Revenue Next Year
2.94B
from 2.50B
Increased by 17.21%
EPS This Year
1.47
from -0.51
EPS Next Year
1.92
from 1.47
Increased by 31.14%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.6B | 3.2B | 3.6B | ||
| Avg | 2.5B | 2.9B | 3.3B | ||
| Low | 2.4B | 2.7B | 3.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 20.9% | 28.6% | 22.9% | ||
| Avg | 16.5% | 17.2% | 12.1% | ||
| Low | 11.7% | 9.1% | 2.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.87 | 2.30 | 2.60 |
| Avg | 1.47 | 1.92 | 2.36 |
| Low | 1.28 | 1.62 | 1.98 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 56.9% | 35.5% |
| Avg | - | 31.1% | 22.8% |
| Low | - | 10.4% | 3.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.