Nutanix (NTNX)
NASDAQ:NTNX

Nutanix (NTNX) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

NTNX Analyst Ratings

Moderate Buy
12Ratings
8 Buy
4 Hold
0 Sell
Based on 12 analysts giving stock ratings to
Nutanix
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

NTNX Stock 12 Months Forecast

Average Price Target

$31.55
▲(4.40% Upside)
Based on 12 Wall Street analysts offering 12 month price targets for Nutanix in the last 3 months. The average price target is $31.55 with a high forecast of $35.00 and a low forecast of $21.00. The average price target represents a 4.40% change from the last price of $30.22.
Highest Price Target$35.00Average Price Target$31.55Lowest Price Target$21.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Cleveland Research
Buy
Upgraded
Nutanix upgraded to Buy from Neutral at Cleveland ResearchNutanix upgraded to Buy from Neutral at Cleveland Research
Goldman Sachs
$21.00
Hold
-30.51%
Downside
Reiterated
Goldman Sachs reiterates Neutral Rating on Nutanix (NTNX) Following Tech ConferenceGoldman Sachs reiterates Neutral Rating on Nutanix (NTNX) Following Tech Conference
Raymond James
Hold
Reiterated
Nutanix Stock Sinks After Weak Revenue Guidance | BarronsThe stocks performance following the news, however, suggests investors were surprised, Raymond James analyst Simon Leopold wrote in a research note Wednesday evening.
William Blair
Hold
Downgraded
Nutanix Stock Sinks After Weak Guidance. Software Isnt Immune to Supply-Chain Issues.
J.P. Morgan
$34.00
Buy
12.51%
Upside
Reiterated
Analysts Offer Insights on Technology Companies: Allscripts (NASDAQ: MDRX), Nutanix (NASDAQ: NTNX) and Kahoot ASA (Other OTC: KHOTF)
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NTNX Financial Forecast

NTNX Earnings Forecast
Next quarter’s earnings estimate for NTNX is $0.11 with a range of $0.08 to $0.15. The previous quarter’s EPS was -$0.17. NTNX beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.73% of the time in the same period. In the last calendar year NTNX has Outperformed its overall industry.
Next quarter’s earnings estimate for NTNX is $0.11 with a range of $0.08 to $0.15. The previous quarter’s EPS was -$0.17. NTNX beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.73% of the time in the same period. In the last calendar year NTNX has Outperformed its overall industry.
NTNX Sales Forecast
Next quarter’s sales forecast for NTNX is $463.50M with a range of $446.30M to $466.40M. The previous quarter’s sales results were $385.54M. NTNX beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 67.14% of the time in the same period. In the last calendar year NTNX has Outperformed its overall industry.
Next quarter’s sales forecast for NTNX is $463.50M with a range of $446.30M to $466.40M. The previous quarter’s sales results were $385.54M. NTNX beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 67.14% of the time in the same period. In the last calendar year NTNX has Outperformed its overall industry.
NTNX Analyst Recommendation Trends
In the current month, NTNX has received 6 Buy ratings 3 Hold ratings, and 0 Sell ratings. The NTNX average analyst price target in the past 3 months is $31.55
In the current month, NTNX has received 6 Buy ratings 3 Hold ratings, and 0 Sell ratings. The NTNX average analyst price target in the past 3 months is $31.55

NTNX Stock Forecast FAQ

What is NTNX’s average 12-month price target, according to analysts?
Based on analyst ratings, Nutanix’s 12-month average price target is $31.55.
    What is NTNX’s upside potential, based on the analysts’ average price target?
    Nutanix has 4.40% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is NTNX a Buy, Sell or Hold?
          Nutanix has a conensus rating of Moderate Buy which is based on 8 buy ratings, 4 hold ratings and 0 sell ratings.
            What is Nutanix’s price target?
            The average price target for Nutanix is $31.55. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $35.00 ,the lowest forecast is $21.00. The average price target represents 4.40% Increase from the current price of $30.22.
              What do analysts say about Nutanix?
              Nutanix’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 12 Wall Streets Analysts.

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