Based on ratings from 12 stock analysts, the Nutanix Inc stock price is expected to decrease by 3.72% in 12 months. This is calculated by using the average 12-month stock price forecast for Nutanix Inc. The lowest target is $42.00 and the highest is $70.00. Please note analyst price targets are not guaranteed and could be missed completely.
About 12 Wall Street analysts have assignedNTNX 10 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect Nutanix Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NTNX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
thomas blakey KeyBanc | Buy | $68.0 | maintained | Feb 9, 2024 |
james fish Piper Sandler | Buy | $67.0 | reiterated | Feb 7, 2024 |
erik suppiger JMP Securities | Buy | $70.0 | maintained | Feb 5, 2024 |
mike cikos Needham | Buy | $62.0 | rated | Jan 17, 2024 |
jason ader William Blair | Buy | None | upgraded | Jan 17, 2024 |
wamsi mohan Bank of America Securities | Buy | $55.0 | maintained | Jan 8, 2024 |
pinjalim bora J.P. Morgan | Buy | $54.0 | maintained | Dec 14, 2023 |
mehdi hosseini Susquehanna | Buy | $60.0 | maintained | Dec 1, 2023 |
matthew hedberg RBC Capital | Buy | $54.0 | rated | Nov 30, 2023 |
aaron rakers Wells Fargo | Hold | $42.0 | rated | Nov 30, 2023 |
nehal chokshi Northland Securities | Buy | $52.0 | rated | Nov 30, 2023 |
meta marshall Morgan Stanley | Hold | $50.0 | rated | Nov 30, 2023 |
george wang cfa Barclays | Buy | $49.0 | maintained | Nov 30, 2023 |
tim long Barclays | Buy | $38.0 | maintained | May 25, 2023 |
michael turits KeyBanc | Buy | $38.0 | maintained | May 25, 2023 |
dan bergstrom RBC Capital | Buy | $38.0 | rated | May 24, 2023 |
benjamin bollin Cleveland Research | Buy | None | upgraded | Oct 11, 2022 |
rod hall Goldman Sachs | Hold | $21.0 | reiterated | Sep 13, 2022 |
simon leopold Raymond James | Hold | None | maintained | May 26, 2022 |
kathryn huberty Morgan Stanley | Hold | $38.0 | maintained | Nov 24, 2021 |
Nutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers hyperconverged infrastructure software stack that converges virtualization, storage, and networking services into a turnkey solution; Acropolis Hypervisor, an enterprise-grade virtualization solution; flow virtual networking and flow network security, which offers services to visualize the network, automate common network operations, and build virtual private networks; Nutanix Kubernetes Engine for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments, applications, and microservices; and Nutanix Cloud Clusters. It also provides Nutanix Cloud Management that provides management, capacity planning, operational analytics, automated remediation, self-service, and one-click administration; cloud governance; and automation services that streamline application lifecycle management, provide self-service for infrastructure and applications, and deliver multicloud orchestration. In addition, the company offers Nutanix Files, an enterprise-grade network file system and server message block files services; Nutanix Objects, a S3-compatible object services; Nutanix Data Lens, a data security governance solution; and Nutanix database service that provides automated database management to simplify database administration and to manage database copies. Further, it provides product support, and consulting and implementation services. The company serves customers in a range of industries, including automotive, consumer goods, education, energy, financial services, healthcare, manufacturing, media, public sector, retail, technology, and telecommunications, as well as service providers. Nutanix, Inc. was incorporated in 2009 and is headquartered in San Jose, California.
When did it IPO
2016
Staff Count
6,450
Country
United States
Sector/Industry
Technology/Software—Infrastructure
CEO
Dr. Rajiv Ramaswami Ph.D.
Market Cap
$14.16B
In 2023, NTNX generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that NTNX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
CELH-USD
$64.13
$19.66
GEN-USD
$21.55
FOXA-USD
$29.95
OKTA-USD
$88.86
LKQ-USD
$50.04