Nutanix (NTNX) Stock Forecast, Price Target & Predictions


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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


The average price target for Nutanix (NTNX) is $63.15 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $85.00 to $32.00. This represents a potential 8.79% upside from NTNX's last price of $58.05.

NTNX Analyst Ratings


Buy

According to 12 Wall Street analysts, Nutanix's rating consensus is 'Buy'. The analyst rating breakdown for NTNX stock is 0 'Strong Buy' (0.00%), 9 'Buy' (75.00%), 3 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Nutanix Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 29, 2024Simon LeopoldRaymond James$85.00$62.5535.88%46.43%
Aug 29, 2024Meta MarshallMorgan Stanley$71.00$52.2935.78%22.31%
Aug 29, 2024George WangBarclays$75.00$52.2943.43%29.20%
May 30, 2024Simon LeopoldRaymond James$76.00$60.0526.56%30.92%
May 30, 2024James FishPiper Sandler$76.00$59.9526.76%30.92%
May 30, 2024Nehal ChokshiNorthland Securities$71.00$73.29-3.12%22.31%
May 30, 2024Mike CikosNeedham$80.00$73.299.16%37.81%
May 30, 2024Matthew HedbergRBC Capital$80.00$73.299.16%37.81%
May 30, 2024Thomas BlakeyKeyBanc$79.00$59.6232.51%36.09%
May 23, 2024George WangBarclays$81.00$71.4513.37%39.53%
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The latest Nutanix stock forecast, released on Aug 29, 2024 by Simon Leopold from Raymond James, set a price target of $85.00, which represents a 35.88% increase from the stock price at the time of the forecast ($62.55), and a 46.43% increase from NTNX last price ($58.05).

Nutanix Price Target by Period


1M3M12M
# Anlaysts3312
Avg Price Target$77.00$77.00$75.75
Last Closing Price$58.05$58.05$58.05
Upside/Downside32.64%32.64%30.49%

In the current month, the average price target of Nutanix stock is $77.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 32.64% increase as opposed to Nutanix's last price of $58.05. This month's average price target is down 0.00% compared to last quarter, and up 1.65% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 29, 2024Raymond JamesOutperformOutperformHold
Aug 29, 2024RBC CapitalOutperformOutperformHold
Aug 29, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 29, 2024Piper SandlerOverweightOverweightHold
Aug 29, 2024BarclaysOverweightOverweightHold
May 30, 2024Raymond JamesOutperformOutperformHold
May 30, 2024KeyBancSector WeightSector WeightHold
May 30, 2024Piper SandlerOverweightOverweightHold
May 30, 2024NeedhamBuyBuyHold
May 30, 2024KeyBancOverweightOverweightHold
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Nutanix's last stock rating was published by Raymond James on Aug 29, 2024. The company gave NTNX a "Outperform" rating, the same as its previous rate.

Nutanix Financial Forecast


Nutanix Revenue Forecast

Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 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
# Analysts7559655744111155510555484455599910
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's average Quarter revenue forecast for May 24 based on 5 analysts is $515.96M, with a low forecast of $507.63M, and a high forecast of $530.05M. NTNX's average Quarter revenue forecast represents a -8.72% decrease compared to the company's last Quarter revenue of $565.23M (Jan 24).

Nutanix EBITDA Forecast

Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20
# Analysts7559655744111155510555484455599910
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%

5 analysts predict NTNX's average Quarter EBITDA for May 24 to be $-145.11M, with a high of $-116.09M and a low of $-174.13M. This is -491.71% lower than Nutanix's previous annual EBITDA (Jan 24) of $37.05M.

Nutanix Net Income Forecast

Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20
# Analysts7559655744111155510555484455599910
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's average Quarter net income forecast for May 24 is $41.53M, with a range of $40.66M to $43.01M. NTNX's average Quarter net income forecast represents a 26.64% increase compared to the company's last Quarter net income of $32.80M (Jan 24).

Nutanix SG&A Forecast

Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20
# Analysts7559655744111155510555484455599910
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's average Quarter SG&A projection for May 24 is $386.93M, based on 5 Wall Street analysts, with a range of $380.68M to $397.49M. The forecast indicates a 35.18% rise compared to NTNX last annual SG&A of $286.23M (Jan 24).

Nutanix EPS Forecast

Jul 27May 27Jan 27Oct 26Jul 26May 26Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20
# Analysts7559655744111155510555484455599910
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%

According to 5 Wall Street analysts, Nutanix's projected average Quarter EPS for May 24 is $0.17, with a low estimate of $0.16 and a high estimate of $0.17. This represents a 52.31% increase compared to NTNX previous annual EPS of $0.11 (Jan 24).

Nutanix Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DAVAEndava$29.40$64.16118.23%Buy
PATHUiPath$12.27$25.53108.07%Hold
PAGSPagSeguro Digital$9.23$17.0484.62%Buy
OKTAOkta$74.21$120.6962.63%Hold
ZSZscaler$170.32$232.5436.53%Buy
NETCloudflare$79.11$95.0020.09%Hold
CRWDCrowdStrike$268.72$322.5620.04%Buy
ADBEAdobe$515.03$592.0314.95%Buy
NTNXNutanix$58.05$63.158.79%Buy
VMWVMware$142.48$149.134.67%Hold
NEWRNew Relic$86.99$86.38-0.70%Buy
PANWPalo Alto Networks$337.93$312.48-7.53%Buy
PLTRPalantir$36.45$21.97-39.73%Buy

NTNX Forecast FAQ


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.

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.

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.

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.

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.

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).

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%