Shares of Nutanix Inc (NTNX, Financial) surged 3.53% in mid-day trading on Oct 2. The stock reached an intraday high of $58.77, before settling at $58.46, up from its previous close of $56.46. This places NTNX 20.67% below its 52-week high of $73.69 and 73.05% above its 52-week low of $33.78. Trading volume was 638,620 shares, 28.8% of the average daily volume of 2,217,545.Wall Street Analysts ForecastBased on the one-year price targets offered by 14 analysts, the average target price for Nutanix Inc (NTNX, ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nutanix (NTNX) .Nutanix currently has an average brokerage recommendation (ABR) of 1.69, on a s ...

With sky-high markets pervading, my investing philosophy remains the same: steer clear of bandwagon stocks that have already seen tremendous AI-fueled performance this year, and lean more on lesser-known small and mid-cap plays that have fallen slightly out of favor.With 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 toda ...

Nutanix (NTNX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this enterprise cloud platform services provider have returned +17.1% over the past month versus the Zacks S&P 500 composite's +1.7% change. The Zacks Computers - IT Services industry, to which Nutanix belongs, has gained 3.9% over this period. Now the key question is: Where could the stock be headed in the ...

| --- | --- | |-------|-----------| | | | | | FORM 10-K | SECURITIES AND EXCHANGE COMMISSION (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 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 | --- | --- | |--------------------------------------------------------------------------------------------------|--------------------------------------- ...

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Just_Super Investment summary My previous investment thought on Nutanix (NASDAQ:NTNX) (published on the 4th of June) was a buy rating because I believed the demand momentum was still strong and that it was sustainable given NTNX's streak of winning large deals. My recommendation is still a buy rating for NTNX as the growth outlook remains robust, especially with NTNX now showing signs of it capturing share from VMware. 4Q24 results update NTNX reported 4Q24 adj revenue of $548 million (11% y/y growth), ...

The enterprise software company handily beat analyst estimates in its fourth fiscal quarter.Shares of hybrid cloud software provider Nutanix (NTNX -4.36%) rallied 25.1% in the month of August, according to data from S&P Global Market Intelligence.Nutanix's fiscal fourth-quarter earnings report, released on Aug. 28, outpaced analyst estimates and also gave solid guidance for the year ahead.A beat and raise with healthy free cash flowIn the quarter, Nutanix grew revenue 11% to $548 million while posting adjus ...

Shares of the hybrid cloud specialist jumped on a strong earnings report.Shares of Nutanix (NTNX 19.75%) were moving higher today after the hyper-converged infrastructure specialist (HCI) posted better-than-expected results in its fiscal fourth-quarter earnings report.Investors responded positively to the news, sending the stock up 20.4% as of 12:53 p.m. ET. Nutanix bounces backFollowing a disappointing earnings report in the fiscal third quarter, Nutanix bounced back after reassuring investors that custome ...

Nutanix (NTNX) reported fourth-quarter fiscal 2024 non-GAAP earnings of 27 cents per share, which surpassed the Zacks Consensus Estimate by 35% and increased 12.5% year over year.Nutanix’s revenues climbed 11% year over year to $548 million, beating the Zacks Consensus Estimate by 2.02% and the guided range of $530-$540 million.The top line was primarily driven by growth in NTNX’s core hyper-converged infrastructure software and the solid adoption of its new capabilities. Nutanix continues to witness a stro ...