Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
30 September 2016Website:
http://www.nutanix.comNext earnings report:
29 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 6 min agoDividend
Analysts recommendations
Institutional Ownership
NTNX Latest News
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.
Nutanix today announced it is positioned furthest in vision among all vendors in the 2024 Gartner Magic Quadrant for File and Object Storage Platforms.
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 $61.59, indicating a -0.69% shift from the previous trading day.
The latest trading day saw Nutanix (NTNX) settling at $63.27, representing a -1.69% change from its previous close.
Nutanix, Inc. has turned around with strong revenue growth, driven by its pioneering HCI technology and expanding enterprise cloud platform. The company benefits from market trends like hybrid multi-cloud adoption, VMware disruption, and AI growth, enhancing its competitive advantage. Financially, Nutanix shows impressive cash flow growth, margin expansion, and a shift to a SaaS-based model, despite a high P/E ratio.
Nutanix (NTNX) closed at $64.61 in the latest trading session, marking no change from the prior day.
SAN JOSE, Calif., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Nutanix (NASDAQ: NTNX ), a leader in hybrid multicloud computing, today announced it has been named as a Leader in the Gartner Magic Quadrant for Distributed Hybrid Infrastructure, 2024, which Gartner describes as “offerings that deliver cloud-native attributes, which can be deployed and operated where the customer prefers.
NTNX shares benefit from cloud innovation and expanding clientele. However, a stretched valuation may keep investors on the sidelines.
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.
What type of business is Nutanix?
Nutanix, Inc. is a cloud computing company that develops and provides software for hyper-converged infrastructure (HCI), cloud services, and data storage software. The company was founded in 2009 and is headquartered in San Jose, California. The company's main product is Acropolis, an enterprise cloud platform that combines virtualization, enterprise data storage services, virtual networks, and platform services into a unified solution. Nutanix, Inc. serves clients in various industries including automotive, consumer goods, education, energy, financial services, healthcare, manufacturing, media, government, retail, technology, telecommunications, and service providers.
What sector is Nutanix in?
Nutanix is in the Technology sector
What industry is Nutanix in?
Nutanix is in the Software Infrastructure industry
What country is Nutanix from?
Nutanix is headquartered in United States
When did Nutanix go public?
Nutanix initial public offering (IPO) was on 30 September 2016
What is Nutanix website?
https://www.nutanix.com
Is Nutanix in the S&P 500?
No, Nutanix is not included in the S&P 500 index
Is Nutanix in the NASDAQ 100?
No, Nutanix is not included in the NASDAQ 100 index
Is Nutanix in the Dow Jones?
No, Nutanix is not included in the Dow Jones index
When was Nutanix the previous earnings report?
No data
When does Nutanix earnings report?
The next expected earnings date for Nutanix is 29 November 2024