Nutanix, Inc. (NTNX)
NASDAQ: NTNX · Real-Time Price · USD
65.07
+1.17 (1.83%)
At close: Dec 20, 2024, 4:00 PM
66.40
+1.33 (2.04%)
After-hours: Dec 20, 2024, 7:35 PM EST
Nutanix Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Nutanix stock have an average target of 79.47, with a low estimate of 70 and a high estimate of 90. The average target predicts an increase of 22.13% from the current stock price of 65.07.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Nutanix stock from 16 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 11 | 10 | 10 | 10 | 11 | 11 |
| Hold | 2 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 14 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $78 → $85 | Buy | Maintains | $78 → $85 | +30.63% | Dec 17, 2024 |
| UBS | UBS | Strong Buy Initiates $81 | Strong Buy | Initiates | $81 | +24.48% | Dec 12, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $60 → $75 | Hold | Maintains | $60 → $75 | +15.26% | Nov 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $77 → $83 | Buy | Maintains | $77 → $83 | +27.55% | Nov 27, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $72 → $78 | Buy | Maintains | $72 → $78 | +19.87% | Nov 27, 2024 |
Financial Forecast
Revenue This Year
2.51B
from 2.15B
Increased by 16.67%
Revenue Next Year
2.93B
from 2.51B
Increased by 16.95%
EPS This Year
1.53
from -0.51
EPS Next Year
1.92
from 1.53
Increased by 25.55%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.6B | 3.3B | 3.7B | ||
| Avg | 2.5B | 2.9B | 3.3B | ||
| Low | 2.4B | 2.7B | 3.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.2% | 30.3% | 25.3% | ||
| Avg | 16.7% | 17.0% | 12.9% | ||
| Low | 11.7% | 7.1% | 2.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.83 | 2.38 | 2.60 |
| Avg | 1.53 | 1.92 | 2.33 |
| Low | 1.31 | 1.62 | 1.95 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 55.5% | 35.4% |
| Avg | - | 25.5% | 21.3% |
| Low | - | 5.5% | 1.4% |
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.