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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 $78.75 (represents a 16.22% upside from NTNX’s last price of $67.76) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

NTNX Price Target

The average price target for Nutanix (NTNX) is $78.75 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $85.00 to $72.00. This represents a potential 16.22% upside from NTNX's last price of $67.76.

NTNX Analyst Ratings

Buy

According to 13 Wall Street analysts, Nutanix's rating consensus is 'Buy'. The analyst rating breakdown for NTNX stock is 0 'Strong Buy' (0.00%), 11 'Buy' (84.62%), 2 'Hold' (15.38%), 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
Nov 27, 2024James FishPiper Sandler$83.00$67.2723.38%22.49%
Oct 28, 2024Meta MarshallMorgan Stanley$72.00$64.1212.29%6.26%
Aug 29, 2024Simon LeopoldRaymond James$85.00$62.5535.88%25.44%
Aug 29, 2024Meta MarshallMorgan Stanley$71.00$52.2935.78%4.78%
Aug 29, 2024George WangBarclays$75.00$52.2943.43%10.68%
May 30, 2024Simon LeopoldRaymond James$76.00$60.0526.56%12.16%
May 30, 2024James FishPiper Sandler$76.00$59.9526.76%12.16%
May 30, 2024Nehal ChokshiNorthland Securities$71.00$73.29-3.12%4.78%
May 30, 2024Mike CikosNeedham$80.00$73.299.16%18.06%
May 30, 2024Matthew HedbergRBC Capital$80.00$73.299.16%18.06%
May 30, 2024Thomas BlakeyKeyBanc$79.00$59.6232.51%16.59%
May 23, 2024George WangBarclays$81.00$71.4513.37%19.54%
May 08, 2024Simon LeopoldRaymond James$72.00$66.218.74%6.26%
Mar 27, 2024Meta MarshallMorgan Stanley$63.00$62.231.25%-7.02%
Mar 07, 2023Matthew HedbergRBC Capital$33.00$26.6523.83%-51.30%
Mar 07, 2023Mike CikosNeedham$33.00$26.6523.83%-51.30%
Dec 13, 2022Morgan Stanley$30.00$32.76-8.42%-55.73%
Dec 01, 2022Morgan Stanley$26.00$29.71-12.49%-61.63%
Dec 01, 2022Wells Fargo$32.00$28.2613.23%-52.77%
Nov 28, 2022RBC Capital$31.00$28.668.18%-54.25%
Sep 01, 2022Matthew HedbergRBC Capital$24.00$22.436.98%-64.58%
Aug 29, 2022Tim LongBarclays$22.00$18.1421.28%-67.53%
May 26, 2022Mike CikosNeedham$20.00$15.8026.58%-70.48%
May 26, 2022Matthew HedbergRBC Capital$21.00$15.8032.91%-69.01%
May 26, 2022Meta MarshallMorgan Stanley$18.00$15.8013.92%-73.44%
May 26, 2022Erik SuppigerJMP Securities$35.00$15.80121.52%-48.35%
Apr 16, 2022Meta MarshallMorgan Stanley$31.00$26.0119.18%-54.25%
Oct 27, 2021Erik SuppigerJMP Securities$48.00$34.2340.23%-29.16%
Sep 02, 2021James FishPiper Sandler$47.00$40.4016.34%-30.64%
Sep 02, 2021Ittai KidronOppenheimer$44.00$40.408.91%-35.06%
Sep 01, 2021Wamsi MohanBank of America Securities$54.00$36.9546.14%-20.31%
Jun 24, 2021Rod HallGoldman Sachs$39.00$39.60-1.52%-42.44%

The latest Nutanix stock forecast, released on Nov 27, 2024 by James Fish from Piper Sandler, set a price target of $83.00, which represents a 23.38% increase from the stock price at the time of the forecast ($67.27), and a 22.49% increase from NTNX last price ($67.76).

Nutanix Price Target by Period

1M3M12M
# Anlaysts-114
Avg Price Target-$83.00$76.00
Last Closing Price$67.76$67.76$67.76
Upside/Downside-100.00%22.49%12.16%

In the current month, the average price target of Nutanix stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Nutanix's last price of $67.76. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 27, 2024Piper SandlerOverweightOverweightHold
Oct 28, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Oct 28, 2024Wolfe ResearchOutperformUpgrade
Oct 01, 2024Zacks Investment ResearchPerformPerformHold
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
May 30, 2024RBC CapitalOutperformOutperformHold
May 23, 2024BarclaysOverweightOverweightHold
May 08, 2024Raymond JamesOutperformUpgrade
Jan 17, 2024William BlairOutperformUpgrade
Nov 30, 2023CFRABuyUpgrade
Nov 30, 2023NeedhamBuyBuyHold
Nov 10, 2023OTR GlobalPositiveUpgrade
Sep 27, 2023JMP SecuritiesMarket OutperformMarket OutperformHold
Sep 01, 2023NeedhamBuyBuyHold
May 30, 2023Piper SandlerOverweightOverweightHold
May 30, 2023Wells FargoEqual-WeightEqual-WeightHold
May 25, 2023BarclaysOverweightOverweightHold
Mar 07, 2023NeedhamBuyBuyHold
Mar 07, 2023RBC CapitalOutperformOutperformHold
Dec 01, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Dec 01, 2022NeedhamBuyBuyHold
Dec 01, 2022Wells FargoEqual-WeightEqual-WeightHold
Nov 28, 2022RBC CapitalOutperformOutperformHold
Sep 01, 2022BarclaysOverweightOverweightHold
Sep 01, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Sep 01, 2022RBC CapitalOutperformOutperformHold
Sep 01, 2022NeedhamBuyBuyHold
Jun 30, 2022BarclaysOverweightInitialise
May 26, 2022Morgan StanleyEqual-WeightEqual-WeightHold
May 26, 2022NeedhamBuyBuyHold
May 26, 2022RBC CapitalOutperformOutperformHold
May 26, 2022JMP SecuritiesMarket OutperformMarket OutperformHold
Apr 15, 2022Morgan StanleyEqual-WeightEqual-WeightHold

Nutanix's last stock rating was published by Piper Sandler on Nov 27, 2024. The company gave NTNX a "Overweight" 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 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20
Revenue--------------$565.23M$511.05M$494.21M-$486.50M$433.61M$385.54M-$413.08M$378.52M$390.72M-$346.38M$312.75M$327.87M-
Avg Forecast$820.12M$774.51M$818.31M$752.61M$745.01M$691.00M$731.42M$674.69M$631.63M$594.06M$641.53M$571.75M$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$827.67M$781.64M$825.85M$759.54M$751.87M$697.37M$738.16M$680.90M$637.45M$599.53M$648.07M$581.43M$536.95M$515.96M$551.28M$504.79M$479.60M$436.91M$469.26M$425.55M$366.11M$409.98M$419.25M$378.26M$373.90M$344.59M$336.94M$307.49M$329.69M$322.78M
Low Forecast$816.94M$771.51M$815.15M$749.70M$742.13M$688.33M$728.59M$672.08M$629.19M$591.76M$639.29M$568.32M$536.95M$515.96M$551.28M$499.77M$473.39M$431.25M$463.17M$404.98M$348.41M$390.16M$398.98M$359.97M$355.82M$327.93M$320.65M$292.62M$313.75M$307.18M
# Analysts666666699912126651055544445555854
Surprise %--------------1.03%1.02%1.04%-1.05%1.05%1.09%-1.02%1.03%1.08%-1.06%1.05%1.02%-

Nutanix's average Quarter revenue forecast for May 24 based on 6 analysts is $515.96M, with a low forecast of $515.96M, and a high forecast of $515.96M. 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 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20
# Analysts666666699912126651055544445555854
EBITDA--------------$37.05M$12.48M$5.96M-$-31.09M$-60.42M$-112.59M-$-72.33M$-377.76M$-307.31M-$-236.91M$-223.65M$-157.05M-
Avg Forecast$-240.02M$-226.67M$-239.49M$-220.26M$-218.04M$-202.23M$-214.06M$-197.46M$-184.86M$-173.86M$-187.75M$-167.33M$-157.15M$-145.11M$-161.34M$-146.70M$-139.08M$-131.92M$-136.08M$-101.95M$-87.74M$-119.92M$-100.47M$-90.65M$-89.60M$-291.20M$-80.75M$-73.69M$-79.01M$-214.61M
High Forecast$-239.09M$-225.79M$-238.56M$-219.41M$-217.19M$-201.45M$-213.23M$-196.69M$-184.14M$-173.19M$-187.10M$-166.33M$-157.15M$-116.09M$-161.34M$-146.27M$-138.54M$-105.53M$-135.55M$-100.00M$-86.03M$-95.94M$-98.52M$-88.89M$-87.86M$-232.96M$-79.18M$-72.26M$-77.47M$-171.69M
Low Forecast$-242.23M$-228.76M$-241.70M$-222.29M$-220.05M$-204.09M$-216.03M$-199.28M$-186.56M$-175.46M$-189.67M$-170.16M$-157.15M$-174.13M$-161.34M$-147.73M$-140.36M$-158.30M$-137.33M$-105.08M$-90.40M$-143.91M$-103.53M$-93.40M$-92.33M$-349.44M$-83.20M$-75.93M$-81.41M$-257.53M
Surprise %---------------0.23%-0.09%-0.04%-0.23%0.59%1.28%-0.72%4.17%3.43%-2.93%3.04%1.99%-

6 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 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20
# Analysts666666699912126651055544445555854
Net Income--------------$32.80M$-15.85M$-13.29M-$-70.79M$-99.12M$-150.99M-$-115.06M$-419.85M$-358.18M-$-287.39M$-265.05M$-185.35M-
Avg Forecast$166.50M$150.97M$189.71M$146.06M$137.42M$113.63M$156.80M$126.86M$93.18M$83.15M$136.04M$91.72M$58.26M$48.39M$85.17M$51.13M$46.13M$10.50M$32.80M$-29.81M$-93.73M$-53.58M$-41.19M$-84.29M$-105.07M$-353.25M$-117.75M$-142.02M$-165.61M$-245.94M
High Forecast$168.49M$152.77M$191.98M$147.81M$139.07M$114.99M$158.67M$128.38M$94.30M$84.15M$150.52M$103.56M$58.51M$48.46M$85.18M$60.15M$46.68M$10.63M$33.20M$-29.07M$-91.37M$-52.23M$-40.15M$-82.16M$-102.42M$-282.60M$-114.77M$-138.44M$-161.43M$-196.75M
Low Forecast$165.66M$150.21M$188.76M$145.33M$136.73M$113.06M$156.01M$126.22M$92.72M$82.73M$124.47M$82.84M$58.01M$48.32M$85.15M$42.10M$45.89M$10.45M$32.64M$-31.00M$-97.44M$-55.70M$-42.81M$-87.62M$-109.23M$-423.90M$-122.40M$-147.64M$-172.15M$-295.13M
Surprise %--------------0.39%-0.31%-0.29%--2.16%3.32%1.61%-2.79%4.98%3.41%-2.44%1.87%1.12%-

Nutanix's average Quarter net income forecast for May 24 is $48.39M, with a range of $48.32M to $48.46M. NTNX's average Quarter net income forecast represents a 47.55% 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 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20
# Analysts666666699912126651055544445555854
SG&A--------------$286.23M$282.83M$278.90M-$313.90M$282.18M$295.06M-$285.92M$290.06M$313.43M-$296.11M$291.06M$296.92M-
Avg Forecast$615.06M$580.85M$613.71M$564.43M$558.73M$518.23M$548.54M$505.99M$473.70M$445.52M$481.12M$428.79M$402.69M$386.95M$413.44M$375.93M$356.40M$324.68M$348.71M$309.62M$266.45M$298.38M$305.13M$275.29M$272.12M$250.79M$245.22M$223.79M$239.95M$234.92M
High Forecast$620.73M$586.20M$619.36M$569.63M$563.88M$523.00M$553.60M$510.65M$478.07M$449.63M$486.03M$436.05M$402.69M$386.95M$413.44M$378.58M$359.69M$327.67M$351.93M$319.13M$274.55M$307.45M$314.40M$283.66M$280.39M$258.42M$252.68M$230.59M$247.24M$242.06M
Low Forecast$612.68M$578.61M$611.33M$562.25M$556.57M$516.22M$546.42M$504.03M$471.87M$443.80M$479.45M$426.22M$402.69M$386.95M$413.44M$374.81M$355.02M$323.42M$347.36M$303.70M$261.28M$292.59M$299.20M$269.95M$266.84M$245.92M$240.46M$219.44M$235.29M$230.36M
Surprise %--------------0.69%0.75%0.78%-0.90%0.91%1.11%-0.94%1.05%1.15%-1.21%1.30%1.24%-

Nutanix's average Quarter SG&A projection for May 24 is $386.95M, based on 6 Wall Street analysts, with a range of $386.95M to $386.95M. The forecast indicates a 35.19% 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 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20
# Analysts666666699912126651055544445555854
EPS--------------$0.11$-0.07$-0.06-$-0.31$-0.43$-0.67-$-0.53$-1.95$-1.68-$-1.42$-1.31$-0.93-
Avg Forecast$0.58$0.52$0.66$0.51$0.48$0.39$0.54$0.44$0.32$0.29$0.47$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$0.58$0.53$0.66$0.51$0.48$0.40$0.55$0.44$0.33$0.29$0.52$0.36$0.20$0.17$0.29$0.21$0.16$0.04$0.11$-0.12$-0.37$-0.21$-0.16$-0.33$-0.41$-0.47$-0.46$-0.56$-0.65$-0.84
Low Forecast$0.57$0.52$0.65$0.50$0.47$0.39$0.54$0.44$0.32$0.29$0.43$0.29$0.20$0.17$0.29$0.15$0.16$0.04$0.11$-0.13$-0.39$-0.22$-0.17$-0.35$-0.44$-0.51$-0.49$-0.60$-0.69$-0.90
Surprise %--------------0.37%-0.37%-0.35%--2.73%3.58%1.77%-3.19%5.73%3.96%-2.99%2.29%1.39%-

According to 6 Wall Street analysts, Nutanix's projected average Quarter EPS for May 24 is $0.17, with a low estimate of $0.17 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
PANWPalo Alto Networks$185.42$400.29115.88%Buy
PAGSPagSeguro Digital$7.06$13.0084.14%Buy
ADBEAdobe$441.68$604.2536.81%Buy
DAVAEndava$32.90$40.0021.58%Buy
NTNXNutanix$67.76$78.7516.22%Buy
ZSZscaler$201.63$209.914.11%Buy
PATHUiPath$14.40$14.500.69%Hold
OKTAOkta$94.00$93.38-0.66%Buy
CRWDCrowdStrike$397.07$348.38-12.26%Buy
NETCloudflare$136.44$110.40-19.09%Buy
PLTRPalantir$79.76$42.17-47.13%Hold

NTNX Forecast FAQ

Is Nutanix a good buy?

Yes, according to 13 Wall Street analysts, Nutanix (NTNX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 84.62% of NTNX's total ratings.

What is NTNX's price target?

Nutanix (NTNX) average price target is $78.75 with a range of $72 to $85, implying a 16.22% from its last price of $67.76. The data is based on 13 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 16.22% (from the last price of $67.76 to the average price target of $78.75), up by 25.44% based on the highest stock price target, and up by 6.26% based on the lowest stock price target.

Can Nutanix stock reach $100?

NTNX's average twelve months analyst stock price target of $78.75 does not support the claim that Nutanix can reach $100 in the near future.

What are Nutanix's analysts' financial forecasts?

Nutanix's analysts financial forecasts for the fiscal year (Jul 2026) are as follows: average revenue is $2.84B (high $2.87B, low $2.83B), average EBITDA is $-832M (high $-829M, low $-839M), average net income is $534.71M (high $541.12M, low $532.02M), average SG&A $2.13B (high $2.15B, low $2.12B), and average EPS is $1.85 (high $1.87, low $1.84). NTNX's analysts financial forecasts for the fiscal year (Jul 2027) are as follows: average revenue is $3.17B (high $3.19B, low $3.15B), average EBITDA is $-926M (high $-923M, low $-935M), average net income is $653.24M (high $661.06M, low $649.95M), average SG&A $2.37B (high $2.4B, low $2.36B), and average EPS is $2.26 (high $2.29, low $2.25).

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 $-509M by -74.31%. The company's net income was $-255M, missing the average estimation of $59.62M by -527.00%. Apple's SG&A was $1.16B, missing the average forecast of $1.34B by -13.63%. 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 $-161M by -122.96%. Nutanix's net income was $32.8M, missing the average estimation of $85.17M by -61.49%. The company's SG&A was $286.23M, missing the average forecast of $413.44M by -30.77%. Lastly, the company's EPS was $0.11, missing the average prediction of $0.295 by -62.70%