Nutanix (NTNX) Stock Forecast, Price Target & Predictions
NTNX Stock Forecast
Nutanix stock forecast is as follows: an average price target of $63.15 (represents a 8.79% upside from NTNX’s last price of $58.05) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.
NTNX Price Target
NTNX Analyst Ratings
Nutanix Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 29, 2024 | Simon Leopold | Raymond James | $85.00 | $62.55 | 35.88% | 46.43% |
Aug 29, 2024 | Meta Marshall | Morgan Stanley | $71.00 | $52.29 | 35.78% | 22.31% |
Aug 29, 2024 | George Wang | Barclays | $75.00 | $52.29 | 43.43% | 29.20% |
May 30, 2024 | Simon Leopold | Raymond James | $76.00 | $60.05 | 26.56% | 30.92% |
May 30, 2024 | James Fish | Piper Sandler | $76.00 | $59.95 | 26.76% | 30.92% |
May 30, 2024 | Nehal Chokshi | Northland Securities | $71.00 | $73.29 | -3.12% | 22.31% |
May 30, 2024 | Mike Cikos | Needham | $80.00 | $73.29 | 9.16% | 37.81% |
May 30, 2024 | Matthew Hedberg | RBC Capital | $80.00 | $73.29 | 9.16% | 37.81% |
May 30, 2024 | Thomas Blakey | KeyBanc | $79.00 | $59.62 | 32.51% | 36.09% |
May 23, 2024 | George Wang | Barclays | $81.00 | $71.45 | 13.37% | 39.53% |
Nutanix Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 3 | 3 | 12 |
Avg Price Target | $77.00 | $77.00 | $75.75 |
Last Closing Price | $58.05 | $58.05 | $58.05 |
Upside/Downside | 32.64% | 32.64% | 30.49% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 29, 2024 | Raymond James | Outperform | Outperform | Hold |
Aug 29, 2024 | RBC Capital | Outperform | Outperform | Hold |
Aug 29, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Aug 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Aug 29, 2024 | Barclays | Overweight | Overweight | Hold |
May 30, 2024 | Raymond James | Outperform | Outperform | Hold |
May 30, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
May 30, 2024 | Piper Sandler | Overweight | Overweight | Hold |
May 30, 2024 | Needham | Buy | Buy | Hold |
May 30, 2024 | KeyBanc | Overweight | Overweight | Hold |
Nutanix Financial Forecast
Nutanix Revenue Forecast
Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $565.23M | $511.05M | $494.21M | - | $486.50M | $433.61M | $385.54M | $403.66M | $413.08M | $378.52M | $390.72M | $344.51M | $346.38M | $312.75M | $327.87M | $318.27M |
Avg Forecast | $808.90M | $788.15M | $815.10M | $739.20M | $751.77M | $703.62M | $741.46M | $676.54M | $647.04M | $601.39M | $633.61M | $571.46M | $536.95M | $515.96M | $551.28M | $501.26M | $475.23M | $432.92M | $464.97M | $412.87M | $355.31M | $397.88M | $406.88M | $367.10M | $362.87M | $334.43M | $327.00M | $298.41M | $319.96M | $313.26M |
High Forecast | $830.99M | $809.67M | $837.36M | $759.38M | $772.30M | $722.83M | $761.71M | $695.01M | $664.71M | $617.81M | $649.98M | $581.37M | $551.61M | $530.05M | $566.33M | $504.79M | $488.20M | $444.74M | $477.67M | $424.15M | $360.97M | $406.97M | $410.38M | $370.26M | $365.99M | $337.30M | $329.81M | $300.98M | $322.71M | $315.96M |
Low Forecast | $795.84M | $775.43M | $801.94M | $727.27M | $739.64M | $692.27M | $729.50M | $665.62M | $636.60M | $591.69M | $617.37M | $568.26M | $528.28M | $507.63M | $542.38M | $499.77M | $467.56M | $425.94M | $457.47M | $406.21M | $354.01M | $393.45M | $404.43M | $364.89M | $360.68M | $332.41M | $325.03M | $296.61M | $318.03M | $311.37M |
# Analysts | 7 | 5 | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 4 | 5 | 5 | 5 | 9 | 9 | 9 | 10 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.02% | 1.04% | - | 1.05% | 1.05% | 1.09% | 1.01% | 1.02% | 1.03% | 1.08% | 1.03% | 1.06% | 1.05% | 1.02% | 1.02% |
Nutanix EBITDA Forecast
Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 5 | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 4 | 5 | 5 | 5 | 9 | 9 | 9 | 10 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $37.05M | $12.48M | $5.96M | - | $-31.09M | $-60.42M | $-112.59M | $-70.81M | $-72.33M | $-377.76M | $-307.31M | $-73.60M | $-236.91M | $-223.65M | $-157.05M | $-211.64M |
Avg Forecast | $-199.74M | $-194.62M | $-201.27M | $-182.53M | $-185.63M | $-173.74M | $-183.09M | $-167.06M | $-159.77M | $-148.50M | $-156.46M | $-141.11M | $-132.59M | $-145.11M | $-136.13M | $-123.78M | $-117.35M | $-131.92M | $-114.82M | $-473.65M | $-120.33M | $-134.75M | $-511.08M | $-374.42M | $-85.62M | $-291.20M | $-274.65M | $-200.42M | $-253.47M | $-214.61M |
High Forecast | $-196.52M | $-191.48M | $-198.02M | $-179.58M | $-182.64M | $-170.94M | $-180.13M | $-164.36M | $-157.19M | $-146.10M | $-152.45M | $-140.32M | $-130.45M | $-116.09M | $-133.93M | $-123.41M | $-115.45M | $-105.53M | $-112.96M | $-378.92M | $-119.89M | $-133.25M | $-408.87M | $-299.54M | $-68.49M | $-232.96M | $-219.72M | $-160.33M | $-202.78M | $-171.69M |
Low Forecast | $-205.19M | $-199.93M | $-206.77M | $-187.51M | $-190.70M | $-178.49M | $-188.09M | $-171.62M | $-164.14M | $-152.56M | $-160.50M | $-143.56M | $-136.21M | $-174.13M | $-139.84M | $-124.65M | $-120.55M | $-158.30M | $-117.95M | $-568.38M | $-122.25M | $-137.83M | $-613.30M | $-449.31M | $-102.74M | $-349.44M | $-329.58M | $-240.50M | $-304.17M | $-257.53M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.27% | -0.10% | -0.05% | - | 0.27% | 0.13% | 0.94% | 0.53% | 0.14% | 1.01% | 3.59% | 0.25% | 0.86% | 1.12% | 0.62% | 0.99% |
Nutanix Net Income Forecast
Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 5 | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 4 | 5 | 5 | 5 | 9 | 9 | 9 | 10 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $32.80M | $-15.85M | $-13.29M | - | $-70.79M | $-99.12M | $-150.99M | $-111.64M | $-115.06M | $-419.85M | $-358.18M | $-123.64M | $-287.39M | $-265.05M | $-185.35M | $-240.67M |
Avg Forecast | $143.77M | $137.58M | $162.37M | $116.51M | $123.52M | $99.09M | $135.82M | $104.40M | $95.83M | $78.20M | $108.74M | $78.65M | $50.00M | $41.53M | $73.09M | $43.88M | $39.59M | $9.01M | $28.15M | $-552.05M | $-92.93M | $-64.53M | $-568.04M | $-436.41M | $-143.83M | $-353.25M | $-325.50M | $-236.53M | $-288.25M | $-245.94M |
High Forecast | $148.88M | $142.46M | $168.13M | $120.64M | $127.91M | $102.61M | $140.64M | $108.10M | $99.23M | $80.98M | $121.68M | $94.92M | $51.78M | $43.01M | $75.69M | $51.62M | $40.99M | $9.33M | $29.15M | $-441.64M | $-92.49M | $-63.59M | $-454.43M | $-349.12M | $-115.06M | $-282.60M | $-260.40M | $-189.22M | $-230.60M | $-196.75M |
Low Forecast | $140.76M | $134.69M | $158.96M | $114.06M | $120.93M | $97.01M | $132.97M | $102.21M | $93.82M | $76.56M | $75.08M | $56.95M | $48.96M | $40.66M | $71.56M | $36.13M | $38.76M | $8.82M | $27.56M | $-662.46M | $-94.86M | $-66.45M | $-681.64M | $-523.69M | $-172.59M | $-423.90M | $-390.60M | $-283.83M | $-345.89M | $-295.13M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.45% | -0.36% | -0.34% | - | -2.51% | 0.18% | 1.62% | 1.73% | 0.20% | 0.96% | 2.49% | 0.35% | 0.88% | 1.12% | 0.64% | 0.98% |
Nutanix SG&A Forecast
Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 5 | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 4 | 5 | 5 | 5 | 9 | 9 | 9 | 10 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $286.23M | $282.83M | $278.90M | - | $313.90M | $282.18M | $295.06M | $274.08M | $285.92M | $290.06M | $313.43M | $305.69M | $296.11M | $291.06M | $296.92M | $334.81M |
Avg Forecast | $606.61M | $591.05M | $611.26M | $554.34M | $563.77M | $527.66M | $556.04M | $507.35M | $485.23M | $450.99M | $475.15M | $428.55M | $402.67M | $386.93M | $413.42M | $375.91M | $356.38M | $324.66M | $348.69M | $309.62M | $286.68M | $321.03M | $392.44M | $296.19M | $355.60M | $269.83M | $263.84M | $240.78M | $258.16M | $252.76M |
High Forecast | $623.17M | $607.19M | $627.95M | $569.48M | $579.16M | $542.07M | $571.22M | $521.20M | $498.48M | $463.31M | $487.44M | $435.98M | $413.66M | $397.49M | $424.70M | $378.55M | $366.11M | $333.52M | $358.21M | $318.08M | $291.25M | $328.37M | $470.92M | $298.74M | $426.72M | $272.15M | $266.11M | $242.85M | $260.38M | $254.93M |
Low Forecast | $596.82M | $581.51M | $601.39M | $545.39M | $554.67M | $519.14M | $547.06M | $499.16M | $477.40M | $443.72M | $462.97M | $426.15M | $396.17M | $380.68M | $406.74M | $374.79M | $350.63M | $319.42M | $343.06M | $304.62M | $285.63M | $317.45M | $313.95M | $294.41M | $284.48M | $268.20M | $262.25M | $239.32M | $256.61M | $251.23M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 0.75% | 0.78% | - | 0.90% | 0.91% | 1.03% | 0.85% | 0.73% | 0.98% | 0.88% | 1.13% | 1.12% | 1.21% | 1.15% | 1.32% |
Nutanix EPS Forecast
Jul 27 | May 27 | Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 7 | 5 | 5 | 9 | 6 | 5 | 5 | 7 | 4 | 4 | 11 | 11 | 5 | 5 | 5 | 10 | 5 | 5 | 5 | 4 | 8 | 4 | 4 | 5 | 5 | 5 | 9 | 9 | 9 | 10 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.11 | $-0.07 | $-0.06 | - | $-0.31 | $-0.43 | $-0.67 | $-0.50 | $-0.53 | $-1.95 | $-1.68 | $-0.60 | $-1.42 | $-1.31 | $-0.93 | $-1.23 |
Avg Forecast | $0.58 | $0.56 | $0.66 | $0.47 | $0.50 | $0.40 | $0.55 | $0.42 | $0.39 | $0.32 | $0.44 | $0.32 | $0.20 | $0.17 | $0.29 | $0.18 | $0.16 | $0.04 | $0.11 | $-0.12 | $-0.38 | $-0.22 | $-0.17 | $-0.34 | $-0.42 | $-0.49 | $-0.47 | $-0.57 | $-0.67 | $-0.86 |
High Forecast | $0.60 | $0.57 | $0.68 | $0.49 | $0.52 | $0.41 | $0.57 | $0.44 | $0.40 | $0.33 | $0.49 | $0.38 | $0.21 | $0.17 | $0.31 | $0.21 | $0.17 | $0.04 | $0.12 | $-0.12 | $-0.38 | $-0.21 | $-0.16 | $-0.34 | $-0.42 | $-0.48 | $-0.47 | $-0.57 | $-0.66 | $-0.86 |
Low Forecast | $0.57 | $0.54 | $0.64 | $0.46 | $0.49 | $0.39 | $0.54 | $0.41 | $0.38 | $0.31 | $0.30 | $0.23 | $0.20 | $0.16 | $0.29 | $0.15 | $0.16 | $0.04 | $0.11 | $-0.12 | $-0.39 | $-0.22 | $-0.17 | $-0.34 | $-0.43 | $-0.49 | $-0.48 | $-0.58 | $-0.68 | $-0.87 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.37% | -0.37% | -0.35% | - | -2.73% | 3.58% | 1.77% | 2.31% | 3.19% | 5.73% | 3.96% | 1.23% | 2.99% | 2.29% | 1.39% | 1.43% |
Nutanix Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
DAVA | Endava | $29.40 | $64.16 | 118.23% | Buy |
PATH | UiPath | $12.27 | $25.53 | 108.07% | Hold |
PAGS | PagSeguro Digital | $9.23 | $17.04 | 84.62% | Buy |
OKTA | Okta | $74.21 | $120.69 | 62.63% | Hold |
ZS | Zscaler | $170.32 | $232.54 | 36.53% | Buy |
NET | Cloudflare | $79.11 | $95.00 | 20.09% | Hold |
CRWD | CrowdStrike | $268.72 | $322.56 | 20.04% | Buy |
ADBE | Adobe | $515.03 | $592.03 | 14.95% | Buy |
NTNX | Nutanix | $58.05 | $63.15 | 8.79% | Buy |
VMW | VMware | $142.48 | $149.13 | 4.67% | Hold |
NEWR | New Relic | $86.99 | $86.38 | -0.70% | Buy |
PANW | Palo Alto Networks | $337.93 | $312.48 | -7.53% | Buy |
PLTR | Palantir | $36.45 | $21.97 | -39.73% | Buy |
NTNX Forecast FAQ
Is Nutanix a good buy?
Yes, according to 12 Wall Street analysts, Nutanix (NTNX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 75.00% of NTNX's total ratings.
What is NTNX's price target?
Nutanix (NTNX) average price target is $63.15 with a range of $32 to $85, implying a 8.79% from its last price of $58.05. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Nutanix stock go up soon?
According to Wall Street analysts' prediction for NTNX stock, the company can go up by 8.79% (from the last price of $58.05 to the average price target of $63.15), up by 46.43% based on the highest stock price target, and down by -44.88% based on the lowest stock price target.
Can Nutanix stock reach $90?
NTNX's average twelve months analyst stock price target of $63.15 does not support the claim that Nutanix can reach $90 in the near future.
What is Nutanix's current price target trend?
3 Wall Street analysts forecast a $77 price target for Nutanix (NTNX) this month, up 32.64% from its last price of $58.05. Compared to the last 3 and 12 months, the average price target increased by 32.64% and increased by 30.49%, respectively.
What are Nutanix's analysts' financial forecasts?
Nutanix's analysts financial forecasts for the fiscal year (Jul 2026) are as follows: average revenue is $2.87B (high $2.95B, low $2.83B), average EBITDA is $-710M (high $-698M, low $-729M), average net income is $462.84M (high $479.27M, low $453.12M), average SG&A $2.15B (high $2.21B, low $2.12B), and average EPS is $1.87 (high $1.93, low $1.83). NTNX's analysts financial forecasts for the fiscal year (Jul 2027) are as follows: average revenue is $3.15B (high $3.24B, low $3.1B), average EBITDA is $-778M (high $-766M, low $-799M), average net income is $560.22M (high $580.11M, low $548.47M), average SG&A $2.36B (high $2.43B, low $2.33B), and average EPS is $2.26 (high $2.34, low $2.21).
Did the NTNX's actual financial results beat the analysts' financial forecasts?
Based on Nutanix's last annual report (Jul 2023), the company's revenue was $1.86B, beating the average analysts forecast of $1.79B by 4.31%. Apple's EBITDA was $-131M, missing the average prediction of $-838M by -84.39%. The company's net income was $-255M, missing the average estimation of $-475M by -46.44%. Apple's SG&A was $1.16B, missing the average forecast of $1.34B by -13.62%. Lastly, the company's EPS was $-1.09, missing the average prediction of $0.189 by -675.63%. In terms of the last quarterly report (Jan 2024), Nutanix's revenue was $565.23M, beating the average analysts' forecast of $551.28M by 2.53%. The company's EBITDA was $37.04M, missing the average prediction of $-136M by -127.21%. Nutanix's net income was $32.8M, missing the average estimation of $73.09M by -55.13%. The company's SG&A was $286.23M, missing the average forecast of $413.42M by -30.76%. Lastly, the company's EPS was $0.11, missing the average prediction of $0.295 by -62.70%