Investors Heavily Search Nutanix (NTNX): Here is What You Need to Know

Core Viewpoint - Nutanix has shown strong stock performance recently, with a return of +13.7% over the past month, outperforming the S&P 500's +5% and the IT Services industry’s +6.3% [1] Earnings Estimates - Nutanix is expected to report earnings of $0.17 per share for the current quarter, reflecting a year-over-year increase of +325% [3] - The consensus earnings estimate for the current fiscal year is $1.10, indicating a year-over-year change of +83.3%, with a significant increase of +57.6% over the last 30 days [3] - For the next fiscal year, the consensus estimate is $1.33, representing a +20.9% change from the previous year, with a +7.3% increase in the last month [3] - Nutanix holds a Zacks Rank 1 (Strong Buy) due to the recent changes in earnings estimates and other related factors [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $516.13 million, indicating a year-over-year growth of +15.1% [5] - For the current fiscal year, the revenue estimate is $2.14 billion, reflecting a +14.8% change, while the next fiscal year's estimate is $2.49 billion, indicating a +16.2% change [5] Last Reported Results and Surprise History - In the last reported quarter, Nutanix generated revenues of $565.23 million, a year-over-year increase of +16.2%, and an EPS of $0.46 compared to $0.12 a year ago [6] - The reported revenues exceeded the Zacks Consensus Estimate of $551.82 million by +2.43%, and the EPS surprise was +58.62% [6] - Nutanix has consistently beaten consensus EPS and revenue estimates in the last four quarters [6] Valuation - Nutanix is graded F in terms of valuation, indicating it is trading at a premium compared to its peers [9] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is overvalued, fairly valued, or undervalued [7][8] Bottom Line - The information presented suggests that Nutanix may outperform the broader market in the near term, supported by its strong Zacks Rank [10]