Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Nutanix (NTNX)
NASDAQ:NTNX
Nutanix (NTNX) Stock Price & Analysis
2,247 Followers
NTNX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$24.81 - $68.64
Previous Close$65.59
Volume539.52K
Average Volume (3M)2.53M
Market Cap
$16.34B
Enterprise Value$15.73B
Total Cash (Recent Filing)$1.64B
Total Debt (Recent Filing)$1.35B
Price to Earnings (P/E)-208.9
Beta0.74
Next Earnings
May 29, 2024EPS Estimate
$0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.31
Shares Outstanding244,329,166
10 Day Avg. Volume1,791,332
30 Day Avg. Volume2,530,631
Standard Deviation0.15
R-Squared0.19
Alpha0.00460
Financial Highlights & Ratios
Price to Book (P/B)-20.54
Price to Sales (P/S)32.43
Price to Cash Flow (P/CF)22.10
P/FCF Ratio25.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.82
Enterprise Value/Gross Profit10.28
Enterprise Value/Ebitda181.18
Forecast
1Y Price Target
$69.46Price Target Upside3.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Nutanix News
Bulls Say, Bears Say
Bulls Say
Analyst RatingAnalyst upgrades Nutanix to Outperform, seeing potential for share gains from VMware following its acquisition by Broadcom.
Financial OutlookNutanix Inc's free cash flow generation continues to surpass plans, contributing to confidence in meeting FY25 financial targets.
Market PositionGrowing interest in Nutanix’s AI infrastructure platform for private clouds, indicating potential market share increase in AI infrastructure.
Bears Say
Competitive PositionVMware's price hikes and bundling under Broadcom ownership may drive customers to seek alternatives.
Financial PerformanceThe guidance implies a sharp deceleration in revenue and ACV billings growth, projecting modest growth figures.
Stock ValuationThe stock valuation at a high multiple of estimated future free cash flow is considered steep with only early-stage traction.
---
Ownership Overview
1.56% Insiders
28.21% Mutual Funds
28.18% Other Institutional Investors
42.05% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
NTNX FAQ
What was Nutanix’s price range in the past 12 months?
Nutanix lowest stock price was $24.81 and its highest was $68.64 in the past 12 months.
What is Nutanix’s market cap?
Currently, no data Available
When is Nutanix’s upcoming earnings report date?
Nutanix’s upcoming earnings report date is May 29, 2024 which is in 15 days.
How were Nutanix’s earnings last quarter?
Nutanix released its earnings results on Feb 28, 2024. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.295 by $0.165.
Is Nutanix overvalued?
According to Wall Street analysts Nutanix’s price is currently Undervalued.
Does Nutanix pay dividends?
Nutanix does not currently pay dividends.
What is Nutanix’s EPS estimate?
Nutanix’s EPS estimate is $0.17.
How many shares outstanding does Nutanix have?
Nutanix has 244,329,160 shares outstanding.
What happened to Nutanix’s price movement after its last earnings report?
Nutanix reported an EPS of $0.46 in its last earnings report, beating expectations of $0.295. Following the earnings report the stock price went up 6.978%.
Which hedge fund is a major shareholder of Nutanix?
Among the largest hedge funds holding Nutanix’s share is Generation Investment Management LLP. It holds Nutanix’s shares valued at 823M.
---
Nutanix Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$69.46 (3.87% Upside)
$69.46 (3.87% Upside)
Blogger Sentiment
Bullish
NTNX Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
156.91%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
15.10%
Trailing 12-Months
Company Description
Nutanix
Nutanix, Inc. engages in the provision of enterprise virtualization and storage solutions. It specializes in cloud operating system that converges traditional silos of server, virtualization, storage, and networking into one integrated solution and unifies private and public cloud into a single software fabric. Its products are offered through the Acropolis and Prism brands. The company was founded by Dheeraj Pandey, Ajeet Singh, and Mohit Aron in 2009 and is headquartered in San Jose, CA.
---
NTNX Company Deck
---
NTNX Earnings Call
Q2 2024
0:00 / 0:00
---
NTNX Stock 12 Month Forecast
Average Price Target
$69.46
▲(3.87% Upside)
Technical Analysis
Hewlett Packard Enterprise
―
Dell Technologies
―
Super Micro Computer
―
Cisco Systems
―
Best Analysts Covering NTNX
1 Year
1 Year Success Rate
12/16 ratings generated profit
1 Year Average Return
+49.73%
assigned a buy rating 3 months ago
Copying Matthew Hedberg's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +49.73% per trade.
---