NTNX Stock Summary and Trading Ideas (Nutanix - Class A | NASDAQ:NTNX)

Nutanix Inc is engaged in cloud software, offering organizations a single platform for running applications and managing data, anywhere. Its Nutanix Cloud Platform is designed to enable organizations to build a hybrid multicloud infrastructure, providing a consistent cloud operating model with a single platform for running applications and managing data in core data centers, at the edge, and in public clouds, all while supporting a variety of hypervisors and container platforms. The company is into a single operating and reportable segment that is subscription-based business model. Key revenue is generated from United States.

Nutanix - Class A trades on the NASDAQ stock market under the symbol NTNX.

As of March 14, 2025, NTNX stock price climbed to $69.47 with 2,637,173 million shares trading.

NTNX has a market cap of $18.53 billion. This is considered a Large Cap stock.

Last quarter Nutanix - Class A reported $655 million in Revenue and $.56 earnings per share. This beat revenue expectation by $13 million and exceeded earnings estimates by $.09.

In the last 3 years, NTNX traded as high as $79.99 and as low as $13.44.

The top ETF exchange traded funds that NTNX belongs to (by Net Assets): VTI, VB, VXF, VBK, VGT.

NTNX has underperformed the market in the last year with a price return of +8.8% while the SPY ETF gained +11.0%. However, in the short term, NTNX had mixed performance relative to the market. It has outperformed in the last 3 months, returning +5.2% vs -6.5% return in SPY. But in the last 2 weeks, NTNX shares have been beat by the market, returning -9.7% compared to an SPY return of -5.3%.

NTNX support price is $64.48 and resistance is $68.96 (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 shares will trade within this expected range on the day.