Nutanix (NTNX) Stock Price, News & Analysis

Company Overview

Nutanix, Inc. engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. It operates through the following geographic segments: United States, Europe, the Middle East, Africa, Asia Pacific, and Other Americas. The firm also provides software solutions and cloud services to customers' enterprise infrastructure. The company was founded by Dheeraj Pandey, Ajeet Singh, and Mohit Aron in 2009 and is headquartered in San Jose, CA.

Key Stats

• Today's Range: $63.23 to $65.82
• 50-Day Range: $60.51 to $73.18
• 52-Week Range: $43.35 to $75.80
• Volume: 4.78 million shs
• Average Volume: 2.63 million shs
• Market Capitalization: $17.43 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $79.47
• Consensus Rating: Moderate Buy

Nutanix Stock Analysis - MarketRank™

Nutanix scored higher than 91% of companies evaluated by MarketBeat, and ranked 83rd out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Nutanix has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 14 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Nutanix has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 163.33%

Earnings Growth

Earnings for Nutanix are expected to grow by 163.33% in the coming year, from $0.30 to $0.79 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nutanix is -185.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nutanix is -185.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Nutanix has a PEG Ratio of 10.34. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.82% of the outstanding shares of Nutanix have been sold short.

Short Interest Ratio / Days to Cover

Nutanix has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nutanix has recently increased by 42.91%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nutanix does not currently pay a dividend.

Dividend Growth

Nutanix does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -0.84

Percentage of Shares Shorted

2.82% of the outstanding shares of Nutanix have been sold short.

Short Interest Ratio / Days to Cover

Nutanix has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Nutanix has recently increased by 42.91%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.41

News Sentiment

Nutanix has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Nutanix this week, compared to 9 articles on an average week.

Search Interest

23 people have searched for NTNX on MarketBeat in the last 30 days. This is an increase of 229% compared to the previous 30 days.

MarketBeat Follows

17 people have added Nutanix to their MarketBeat watchlist in the last 30 days. This is an increase of 143% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Nutanix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,994,781.00 in company stock.

Percentage Held by Insiders

Only 6.80% of the stock of Nutanix is held by insiders.

Percentage Held by Institutions

85.25% of the stock of Nutanix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NTNX Stock Analysis - Frequently Asked Questions

How have NTNX shares performed this year?

Nutanix's stock was trading at $47.69 at the beginning of the year. Since then, NTNX shares have increased by 36.4% and is now trading at $65.07.
View the best growth stocks for 2024 here.

How were Nutanix's earnings last quarter?

Nutanix, Inc. (NASDAQ:NTNX) issued its earnings results on Wednesday, November, 29th. The technology company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.11. The firm's revenue for the quarter was up 17.9% compared to the same quarter last year.

When did Nutanix IPO?

Nutanix (NTNX) raised $168 million in an initial public offering on Friday, September 30th 2016. The company issued 14,000,000 shares at $11.00-$13.00 per share. Goldman Sachs, Morgan Stanley, J.P. Morgan and RBC Capital Markets served as the underwriters for the IPO and Baird, Needham & Company, Oppenheimer, Pacific Crest Securities (a division of KeyBanc Capital Markets), Piper Jaffray, Raymond James, Stifel and William Blair were co-managers.

Who are Nutanix's major shareholders?

Top institutional investors of Nutanix include Bain Capital Investors LLC (6.35%), Champlain Investment Partners LLC (2.26%), Geode Capital Management LLC (1.56%) and Primecap Management Co. CA (1.53%). Insiders that own company stock include Rajiv Ramaswami, Rukmini Sivaraman, David Sangster, Aaron Boynton, Craig Conway, Tyler Wall, Steven J Gomo and Duston Williams.
View institutional ownership trends.

How do I buy shares of Nutanix?

Shares of NTNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nutanix own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nutanix investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Arista Networks (ANET), Advanced Micro Devices (AMD) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 11/29/2023
• Today: 12/22/2024
• Fiscal Year End: 7/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:NTNX
• CUSIP: N/A
• CIK: 1618732
• Web: www.nutanix.com
• Phone: (408) 216-8360
• Fax: 408-916-4039
• Employees: 7,150
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $79.47
• High Stock Price Target: $90.00
• Low Stock Price Target: $70.00
• Potential Upside/Downside: +22.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.82
• Research Coverage: 17 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.35)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 216.90
• P/E Growth: 10.34
• Net Income: $-124,780,000.00
• Net Margins: -3.54%
• Pretax Margin: -2.40%
• Return on Equity: -12.28%
• Return on Assets: 3.30%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.25
• Quick Ratio: 1.25

Sales & Book Value

• Annual Sales: $2.23 billion
• Price / Sales: 7.82
• Cash Flow: $0.61 per share
• Price / Cash Flow: 105.83
• Book Value: ($2.56) per share
• Price / Book: -25.42

Miscellaneous

• Outstanding Shares: 267,928,000
• Free Float: 249,709,000
• Market Cap: $17.43 billion
• Optionable: Optionable
• Beta: 1.13