Nutanix, Inc. (NTNX)
NASDAQ: NTNX · IEX Real-Time Price · USD
61.35
+0.27 (0.45%)
Apr 24, 2024, 1:37 PM EDT - Market open
Nutanix Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Nutanix stock have an average target of 64, with a low estimate of 42 and a high estimate of 76. The average target predicts an increase of 4.33% from the current stock price of 61.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Nutanix stock from 14 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 8 | 8 | 9 | 10 | 10 | 10 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $60 → $75 | Buy | Maintains | $60 → $75 | +22.26% | Apr 10, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $58 → $63 | Hold | Maintains | $58 → $63 | +2.70% | Mar 27, 2024 |
| Keybanc | Keybanc | Buy Maintains $68 → $69 | Buy | Maintains | $68 → $69 | +12.48% | Feb 29, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $68 → $72 | Buy | Maintains | $68 → $72 | +17.37% | Feb 29, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $65 → $70 | Buy | Maintains | $65 → $70 | +14.11% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
2.18B
from 1.86B
Increased by 17.13%
Revenue Next Year
2.55B
from 2.18B
Increased by 16.64%
EPS This Year
1.09
from -1.09
EPS Next Year
1.33
from 1.09
Increased by 21.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.3B | 2.8B | 3.6B | 3.8B |
| Avg | 2.2B | 2.5B | 3.0B | 3.5B |
| Low | 2.1B | 2.4B | 2.7B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 21.7% | 27.6% | 40.3% | 26.4% |
| Avg | 17.1% | 16.6% | 18.9% | 15.7% |
| Low | 12.1% | 8.2% | 6.2% | 4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.23 | 1.83 | 2.21 | 2.98 |
| Avg | 1.09 | 1.33 | 1.85 | 2.44 |
| Low | 0.97 | 0.79 | 1.35 | 1.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 67.6% | 65.7% | 60.8% |
| Avg | - | 21.9% | 39.4% | 31.4% |
| Low | - | -27.3% | 1.6% | 2.5% |
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.