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 +6.6% over the past month versus the Zacks S&P 500 composite's +0.3% change. The Zacks Computers - IT Services industry, to which Nutanix belongs, has gained 1.8% over this period. Now the key question is: Where could the stock be headed in the ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?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 b ...

In the latest market close, Nutanix (NTNX) reached $53.03, with a +1.95% movement compared to the previous day. This change outpaced the S&P 500's 0.2% loss on the day. On the other hand, the Dow registered a loss of 0.15%, and the technology-centric Nasdaq decreased by 0.34%.The the stock of enterprise cloud platform services provider has risen by 5.39% in the past month, leading the Computer and Technology sector's gain of 0.96% and the S&P 500's gain of 1.93%.The investment community will be paying close ...

The most recent trading session ended with Nutanix (NTNX) standing at $47.46, reflecting a +1.02% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.77% loss on the day. Elsewhere, the Dow saw a downswing of 0.6%, while the tech-heavy Nasdaq depreciated by 1.05%.The the stock of enterprise cloud platform services provider has fallen by 20.92% in the past month, lagging the Computer and Technology sector's loss of 12.91% and the S&P 500's loss of 5.85%.Market participants wi ...

agsandrew/iStock via Getty Images Nutanix: Market shares gains, a strong core market and a dash of AI make for a tasty and p Holders of Nutanix (NASDAQ:NTNX) shares this year might complain about whiplash. The year started well for the shares with a strong rally that lasted until mid-February; the stock appreciated by 40% through early March, at which point it consolidated for a few weeks, prior to reaching an all-time high at about $74 at the end of May. Then, in the wake of conservative guidance at th ...

Nutanix (NTNX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. The power of a c ...

Nutanix (NTNX) , a prominent player in the hybrid multi-cloud computing space, has experienced a 13% decline in its stock price over the past six months, underperforming the Zacks Computer and Technology sector’s return of 13.6%. This decline has left investors questioning the company's future prospects. This downturn occurs against a backdrop of broader tech sector volatility and macroeconomic uncertainties.Despite the recent stock performance, Nutanix has shown resilience in its core business. The company ...

Nutanix (NTNX) closed the latest trading day at $49.35, indicating a +0.88% change from the previous session's end. This move outpaced the S&P 500's daily loss of 0.51%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq lost 0.93%.Shares of the enterprise cloud platform services provider witnessed a loss of 11.02% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 2.41% and the S&P 500's loss of 0.26%.Investors will be eagerly watching for the ...

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 -11% over the past month versus the Zacks S&P 500 composite's -0.3% change. The Zacks Computers - IT Services industry, to which Nutanix belongs, has gained 0.6% over this period. Now the key question is: Where could the stock be headed in the n ...

Nutanix (NTNX) has been beaten down lately with too much selling pressure. While the stock has lost 8.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measur ...