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NASDAQ:NTNX

Nutanix (NTNX) Stock Price, News & Analysis

Nutanix logo
$65.07 +1.17 (+1.83%)
(As of 12/20/2024 05:40 PM ET)

About Nutanix Stock (NASDAQ:NTNX)

Key Stats

Today's Range
$63.23
$65.82
50-Day Range
$60.51
$73.18
52-Week Range
$43.35
$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

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.

Nutanix Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
92nd Percentile Overall Score

NTNX MarketRank™: 

Nutanix scored higher than 92% 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.

  • 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.

  • Read more about Nutanix's stock forecast and price target.
  • 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.

  • 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 Yield

    Nutanix does not currently pay a dividend.

  • Dividend Growth

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

  • 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 Sentiment

    Nutanix has a news sentiment score of 0.56. 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 news sentiment score is similar to the average news sentiment 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

    22 people have searched for NTNX on MarketBeat in the last 30 days. This is an increase of 175% 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.
  • 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.

  • Read more about Nutanix's insider trading history.
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NTNX Stock News Headlines

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Nutanix, Inc. (NASDAQ:NTNX) CEO Rajiv Ramaswami Sells 63,901 Shares
Morgan Stanley Remains a Buy on Nutanix (NTNX)
See More Headlines

NTNX Stock Analysis - Frequently Asked Questions

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
.

Nutanix, Inc. (NASDAQ:NTNX) posted its earnings results on Wednesday, November, 29th. The technology company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.11. The company's revenue was up 17.9% on a year-over-year basis.

Nutanix (NTNX) raised $168 million in an IPO 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.

Nutanix's top institutional shareholders 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
.

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.

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

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:NTNX
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

Net Income
$-124,780,000.00
Pretax Margin
-2.40%

Debt

Sales & Book Value

Annual Sales
$2.23 billion
Cash Flow
$0.61 per share
Book Value
($2.56) per share

Miscellaneous

Free Float
249,709,000
Market Cap
$17.43 billion
Optionable
Optionable
Beta
1.13

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This page (NASDAQ:NTNX) was last updated on 12/23/2024 by MarketBeat.com Staff
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