NutanixNASDAQ: NTNX

Get a deeper insight into the potential performance of Nutanix (NTNX) for the quarter ended October 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Nutanix (NTNX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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?

In the most recent trading session, Nutanix (NTNX) closed at $71.11, indicating a -0.84% shift from the previous trading day.

Oppenheimer analyst Param Singh initiated coverage on Nutanix Inc NTNX with an Outperform rating and a price target of $80.

In the latest trading session, Nutanix (NTNX) closed at $70.30, marking a -0.21% move from the previous day.

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.

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.

Nutanix (NTNX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.