No headlines found.
Business Wire (Wed, 17-Apr 9:00 AM ET)
Nutanix Announces 2024 .NEXT Event Lineup: Say "Yes" to Hybrid Multicloud
Business Wire (Mon, 8-Apr 9:00 AM ET)
Nutanix Files Theft of Intellectual Property Lawsuit Against Tessell, Inc.
Business Wire (Wed, 20-Mar 4:37 PM ET)
Nutanix Study Finds AI, Security, and Sustainability Are Major Drivers for IT Modernization
Business Wire (Wed, 20-Mar 9:00 AM ET)
Wipro Expands Partnership with Nutanix to Launch a New Nutanix Business Unit
Business Wire (Mon, 11-Mar 8:00 AM ET)
Nutanix to Present at Upcoming Investor Conference
Business Wire (Thu, 29-Feb 4:05 PM ET)
Nutanix Reports Second Quarter Fiscal 2024 Financial Results
Business Wire (Wed, 28-Feb 4:05 PM ET)
Business Wire (Thu, 1-Feb 4:05 PM ET)
Nutanix Inc provides native hybrid cloud capabilities for businesses. The company offers Enterprise Cloud Platform to businesses for various uses such as web-scale engineering and consumer-grade design, virtualization, and storage into a resilient, and software-defined solution. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, the Middle East, Asia Pacific, Africa, and other regions.
Nutanix - Class A trades on the NASDAQ stock market under the symbol NTNX.
As of April 18, 2024, NTNX stock price declined to $59.53 with 1,618,292 million shares trading.
NTNX has a beta of 1.39, meaning it tends to be more sensitive to market movements. NTNX has a correlation of 0.21 to the broad based SPY ETF.
NTNX has a market cap of $14.54 billion. This is considered a Large Cap stock.
Last quarter Nutanix - Class A reported $565 million in Revenue and $.46 earnings per share. This beat revenue expectation by $14 million and exceeded earnings estimates by $.17.
In the last 3 years, NTNX stock traded as high as $66.99 and as low as $13.44.
The top ETF exchange traded funds that NTNX belongs to (by Net Assets): RAYD, VTI, VB, VXF, VBK.
NTNX has outperformed the market in the last year with a return of +133.7%, while the SPY ETF gained +22.3%. In the last 3 month period, NTNX beat the market returning +12.8%, while SPY returned +6.1%. However, in the most recent 2 weeks NTNX has underperformed the stock market by returning -5.8%, while SPY returned -3.8%.
NTNX support price is $59.09 and resistance is $62.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NTNX stock will trade within this expected range on the day.