Nutanix (NASDAQ: NTNX ) provides a broad range of software and solutions to enable their customers to simply run and manage their private, hybrid and public cloud. I believe Nutanix Cloud Infrastructure will gain significant market share from VMware, owned by Broadcom (More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with ...

In its upcoming report, Nutanix (NTNX) is predicted by Wall Street analysts to post quarterly earnings of $0.31 per share, reflecting an increase of 6.9% compared to the same period last year. Revenues are forecasted to be $571.72 million, representing a year-over-year increase of 11.9%.The consensus EPS estimate for the quarter has undergone a downward revision of 2.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Nutanix (NTNX) reports results for the quarter ended October 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 26. On ...

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 ...

In the latest market close, Nutanix (NTNX) reached $71.11, with a -0.84% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.61%. Meanwhile, the Dow lost 0.47%, and the Nasdaq, a tech-heavy index, lost 0.64%.The the stock of enterprise cloud platform services provider has risen by 12.24% in the past month, leading the Computer and Technology sector's gain of 3.03% and the S&P 500's gain of 3.07%.Market participants will be closely following the financial r ...

Oppenheimer analyst Param Singh initiated coverage on Nutanix Inc NTNX with an Outperform rating and a price target of $80.Singh’s optimistic outlook hinges on several critical factors, including the rising demand for HyperConverged Infrastructure (HCI), market share opportunities from weakening VMware, and strong adoption of unstructured data solutions, particularly for AI-driven workloads.Singh accentuated that Nutanix benefits from the shift in enterprise data centers toward HCI solutions, which integrat ...

SALT LAKE CITY, Nov. 12, 2024 (GLOBE NEWSWIRE) -- KubeCon – Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it extended the company's AI infrastructure platform with a new cloud native offering, Nutanix Enterprise AI (NAI), that can be deployed on any Kubernetes platform, at the edge, in core data centers, and on public cloud services like AWS EKS, Azure AKS, and Google GKE. The NAI offering delivers a consistent hybrid multicloud operating model for accelerated AI work ...

Nutanix (NTNX) shares soared 5.5% in the last trading session to close at $70.45. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.7% gain over the past four weeks.Nutanix shares are benefiting from expanded strategic partnership with Amazon Web Services to develop cloud migration and to provide alternatives for users managing workloads on cloud and on premise environments.This enterprise cloud platform services provider is expe ...

SAN JOSE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced an expanded strategic collaboration with Amazon Web Services, Inc. (AWS) to accelerate cloud migration and provide options for customers managing workloads across on-premises and cloud environments. This aims to reduce the friction required for IT modernization, making it easier for customers to leverage AWS services to drive innovation. Through this collaboration, customers c ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Nutanix (NTNX) , which belongs to the Zacks Computers - IT Services industry, could be a great candidate to consider.When looking at the last two reports, this enterprise cloud platform services provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 49.85%, on average, in the last two quarters.For th ...