Stock Performance - Nutanix closed at $65 44, marking a +0 46% move from the prior day, lagging the S&P 500's daily gain of 0 88% [1] - The stock has climbed by 0 88% in the past month, exceeding the Computer and Technology sector's gain of 0 37% but lagging the S&P 500's gain of 1 17% [1] Earnings and Revenue Projections - Nutanix is projected to report earnings of $0 47 per share in its forthcoming earnings report, representing year-over-year growth of 2 17% [2] - Quarterly revenue is expected to be $641 84 million, up 13 55% from the year-ago period [2] - For the entire year, earnings are forecasted at $1 49 per share and revenue at $2 46 billion, indicating year-over-year changes of +13 74% and +14 5%, respectively [3] Analyst Estimates and Valuation - Recent changes to analyst estimates for Nutanix reflect shifting dynamics of short-term business patterns, with positive alterations signifying optimism [3] - Nutanix holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining stagnant over the past month [5] - The company's Forward P/E ratio is 43 85, expressing a premium compared to the industry average of 27 79 [6] - Nutanix has a PEG ratio of 2 21, compared to the industry average of 2 6 [6] Industry Overview - The Computers - IT Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 56, placing it in the top 23% of all industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Stock Performance and Price Targets - Shares of Nutanix (NTNX) have gained 4.2% over the past four weeks, closing at $66.55 [1] - The mean price target of $83.50 indicates a potential upside of 25.5% [1] - The average price target comprises 12 estimates ranging from $75 to $90, with a standard deviation of $4.50 [2] - The lowest estimate suggests a 12.7% increase, while the most optimistic estimate points to a 35.2% upside [2] - A low standard deviation indicates a high degree of agreement among analysts about the stock's price movement [7] Analysts' Earnings Estimates and Revisions - Analysts have revised EPS estimates higher, indicating growing optimism about the company's earnings prospects [9] - For the current year, one estimate has moved higher over the last 30 days, with no negative revisions [10] - The Zacks Consensus Estimate has increased by 1.4% [10] - NTNX currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks [11] Limitations of Price Targets - Price targets are often misleading and rarely indicate where a stock's price is actually heading [5] - Analysts may set overly optimistic price targets to generate interest in companies their firms have business relationships with [6] - Investors should not make investment decisions solely based on price targets, as they should be treated with skepticism [8] Conclusion - While the consensus price target may not be a reliable indicator of NTNX's potential gain, the direction of price movement it implies appears to be a good guide [12]

Nutanix (NTNX) shares have gained 25.1% over the past six months, outperforming the Zacks Computer and Technology sector’s appreciation of 0.4% and the Zacks Computers – IT Services industry’s return of 10.4%.NTNX shares have also outperformed the industry peers like DXC Technology (DXC) and TaskUs (TASK) in the same time frame. While DXC shares have appreciated 1.7%, TASK shares have lost 5.9% over the past six months.NTNX shares have been riding on the company’s strong positioning as a key partner for org ...

In the latest trading session, Nutanix (NTNX) closed at $63.05, marking a +0.7% move from the previous day. This move outpaced the S&P 500's daily gain of 0.12%. At the same time, the Dow added 0.52%, and the tech-heavy Nasdaq lost 0.23%.Prior to today's trading, shares of the enterprise cloud platform services provider had lost 5.55% over the past month. This has lagged the Computer and Technology sector's loss of 3.73% and the S&P 500's loss of 3.45% in that time.Analysts and investors alike will be keepi ...

The most recent trading session ended with Nutanix (NTNX) standing at $62.41, reflecting a +0.39% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.16% for the day. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, lost 0.06%.The enterprise cloud platform services provider's stock has dropped by 3.12% in the past month, falling short of the Computer and Technology sector's loss of 0.17% and the S&P 500's loss of 2.8%.Market partic ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Nutanix (NTNX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Nutanix currently has an average brokerage ...

SAN JOSE, Calif., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (“Nutanix”) (Nasdaq: NTNX) , a leader in hybrid multicloud computing, today announced the pricing of $750 million aggregate principal amount of 0.50% convertible senior notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Nutanix has granted the initial purchasers of the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large Accelerated Filer ☒ Accelerated Filer ☐ Non-accelerated Filer ☐ Smaller Reporting Company ☐ Emerging Growth Company ☐ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-3 ...

| --- | --- | --- | |-------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | Q1 FY2025 | | | | Earnings | | | | November 26, 2024 | | | | | | | | | | | Safe Harbor 2 Non-GAAP Financial Measures and Other Key Performance Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, this presentation includes the following non-GAAP financial and other key performance measures: non-GAAP gross margin, non-GAAP operating exp ...

To me, the fact that the S&P 500 has crossed the ~6,000 threshold is a minor cause for concern. Despite the fact that stock markets are at all-time highs, the economy still looks shaky, as many consumer-facing companies have reported periodsWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular c ...