NutanixNTNX
NTNX
About: Nutanix Inc is engaged in cloud software, offering organizations a single platform for running applications and managing data, anywhere. Its Nutanix Cloud Platform is designed to enable organizations to build a hybrid multicloud infrastructure, providing a consistent cloud operating model with a single platform for running applications and managing data in core data centers, at the edge, and in public clouds, all while supporting a variety of hypervisors and container platforms. The company is into a single operating and reportable segment that is subscription-based business model. Key revenue is generated from United States.
Employees: 7,150
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
172% more call options, than puts
Call options by funds: $379M | Put options by funds: $140M
29% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 9 (+2) [Q3]
11% more capital invested
Capital invested by funds: $11.8B [Q2] → $13.1B (+$1.29B) [Q3]
1% more funds holding
Funds holding: 464 [Q2] → 470 (+6) [Q3]
9% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 67
8% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 163
0.9% less ownership
Funds ownership: 83.93% [Q2] → 83.02% (-0.9%) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$75
15%
upside
Avg. target
$82
26%
upside
High target
$90
38%
upside
8 analyst ratings
6 positive
75%
2 neutral
25%
0 negative
0%
Morgan Stanley Meta Marshall 54% 1-year accuracy 14 / 26 met price target | 31%upside $85 | Overweight Maintained | 17 Dec 2024 |
UBS Jeff Hickey 40% 1-year accuracy 2 / 5 met price target | 24%upside $81 | Buy Initiated | 12 Dec 2024 |
Wells Fargo Aaron Rakers 66% 1-year accuracy 21 / 32 met price target | 15%upside $75 | Equal-Weight Maintained | 27 Nov 2024 |
Piper Sandler James Fish 80% 1-year accuracy 20 / 25 met price target | 28%upside $83 | Overweight Maintained | 27 Nov 2024 |
Barclays Tim Long 54% 1-year accuracy 29 / 54 met price target | 34%upside $87 | Overweight Maintained | 27 Nov 2024 |
Financial journalist opinion
Based on 24 articles about NTNX published over the past 30 days
Positive
Zacks Investment Research
2 days ago
Nutanix (NTNX) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Nutanix (NTNX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Neutral
GlobeNewsWire
1 week ago
Nutanix Announces Pricing of $750 Million 0.50% Convertible Senior Notes
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 notes an option to purchase up to an additional $112.5 million aggregate principal amount of the notes within a 13-day period from, and including, the initial issuance date of the notes. The sale of the notes to the initial purchasers is expected to settle on December 16, 2024, subject to satisfaction of customary closing conditions.
Neutral
GlobeNewsWire
1 week ago
Nutanix Announces Proposed $750 Million Convertible Senior Notes Offering
SAN JOSE, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (“Nutanix”) (Nasdaq: NTNX), a leader in hybrid multicloud computing, today announced its intention to offer, subject to market conditions and other factors, $750 million aggregate principal amount of 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 also expects to grant the initial purchasers of the notes an option to purchase up to an additional $112.5 million aggregate principal amount of the notes within a 13-day period from, and including, the initial issuance date of the notes.
Neutral
Zacks Investment Research
2 weeks ago
Deciphering Nutanix (NTNX) International Revenue Trends
Examine Nutanix's (NTNX) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
Positive
Zacks Investment Research
2 weeks ago
Nutanix (NTNX) Is a Trending Stock: Facts to Know Before Betting on It
Nutanix (NTNX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Positive
Zacks Investment Research
2 weeks ago
5 Momentum Stocks to Buy for December After an Impressive November
Five momentum stocks have strong potential for December. These are: ANF, CHH, DRS, VST, NTNX.
Positive
Seeking Alpha
3 weeks ago
Nutanix: After The Beat-And-Raise, It's Time To Buy The Dip
Shares of Nutanix fell ~8% after reporting Q1 results, despite substantially beating Street expectations and raising full-year margin and FCF estimates. Nutanix's Q1 results show a 16% revenue growth, surpassing expectations and accelerating versus 11% growth in Q1, with a significant increase in ARR and customer base, indicating strong business momentum. The company has baked U.S. federal purchasing uncertainty into its full-year outlook, which means that its outlook has an opportunity if federal purchases play out like in prior years.
Neutral
GlobeNewsWire
3 weeks ago
Nutanix to Present at Upcoming Investor Conference
SAN JOSE, Calif., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Nutanix , Inc. (NASDAQ: NTNX ), a leader in hybrid multicloud computing, today announced that its management will present at the following upcoming financial community event:
Negative
Benzinga
3 weeks ago
Nutanix Q1 Results Offset By Slowing Annual Recurring Revenue, Federal Vertical Weakness: Analysts
Nutanix, Inc. NTNX shares are trading lower on Wednesday. The company's annual recurring revenue grew 18%, while revenue jumped 16%.
Positive
Benzinga
3 weeks ago
Nutanix Analysts Boost Their Forecasts After Upbeat Earnings
Nutanix, Inc. NTNX reported better-than-expected first-quarter financial results on Tuesday.
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