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Nutanix Plummets 24% On Q2 Earnings Miss, Q3 Guidance Downgrade
Thursday, February 27, 2020 - 12:49am | 293The shares of Nutanix (NASDAQ: NTNX) plummeted in the after-hours session on Wednesday as the company reported substantial losses in the second quarter of the financial year 2020. What Happened Nutanix, a cloud computing company, reported loss per share of $1.13, up 66% from the loss of 68...
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Wells Fargo: Nutanix Valuation Could Become 'Even More Compelling'
Wednesday, November 15, 2017 - 2:29pm | 508Cloud computing software company Nutanix Inc (NASDAQ: NTNX) is a leader in hyper-converged infrastructure, or HCI. The stock, which was trading at stratospheric levels after its 2016 IPO, has returned to more sustainable levels despite the company's strong fundamental momentum. The Analyst...
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Will Short Sellers Hang On To Nutanix?
Tuesday, September 19, 2017 - 4:14pm | 466Bank of America and other analysts are bullish on this software company. Yet short sellers have been betting heavily against the stock. Its share price has been flat in the past few weeks. A meeting with the chief financial officer and other executives at Nutanix Inc (NASDAQ: NTNX) was enough to...
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Nutanix Is Still In 'Hyper Growth Mode,' What To Expect Over The Coming Quarters
Monday, September 18, 2017 - 2:41pm | 396Bank of America's Wamsi Mohan met with some of Nutanix Inc (NASDAQ: NTNX)'s most senior executives, including chief financial officer, Duston Williams, and head of investor relations, Tonya Chin. The main takeaway from the investor meeting was that the company's long-term opportunity remains...
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Nutanix Hits Its Stride In Q4, But Is The Stock Fully Valued Now?
Friday, September 1, 2017 - 10:06am | 324Shares of Nutanix Inc (NASDAQ: NTNX) opened higher by more than 7 percent Friday after the company's earnings report impressed many investors. However, it didn't win over BTIG's Edward Parker. Parker maintains a Neutral rating on Nutanix's stock with a $22 price target as the earnings report does...
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Nutanix Remains 'Top Player,' Analyst Raises Estimates Ahead Of Earnings
Monday, August 28, 2017 - 4:16pm | 292Analysts at Bank of America maintained a bullish stance on Nutanix Inc (NASDAQ: NTNX) heading into the company's earnings report on Thursday. The firm's Wamsi Mohan maintains a Buy rating on Nutanix's stock with an unchanged $27 price target after conducting proprietary checks. Nutanix...
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Credit Suisse's Nutanix Call Was Right On The Money
Wednesday, June 28, 2017 - 11:37am | 371Shares of Nutanix Inc (NASDAQ: NTNX) spiked higher by more than 8 percent Wednesday morning after the company stuck an agreement with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL). Nutanix sells hardware and software that makes it easier for companies to move between on-site servers and large cloud...
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Nutanix Shares May Have Finally Shed Their Reputation For Being Overpriced
Monday, June 26, 2017 - 2:46pm | 423A strong market for cloud computing services, solid business model and effective sales mechanism mean Nutanix Inc (NASDAQ: NTNX) could outrun the consensus. Credit Suisse’s projections for the San Jose tech firm are already above consensus, but those estimates “could prove conservative...
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What To Do With Nutanix Stock Following Q3 Beat And Raise
Friday, May 26, 2017 - 10:04am | 350Nutanix Inc (NASDAQ: NTNX)'s stock is higher by more than 15 percent at $20.35 in reaction to a strong fiscal third quarter earnings report but longer-term shareholders are still feeling some pain as the stock peaked at $46.78 over the past year. Piper Jaffray's Andrew Nowinski answered a pressing...
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Nutanix's Q3 Beat 'Solid,' Guidance 'Robust'
Friday, May 26, 2017 - 8:58am | 424Shares of Nutanix Inc (NASDAQ: NTNX) soared higher by more than 15 percent early Friday morning after the company's fiscal third-quarter earnings report came in better than expected. Analyst's Take On Q3 Following the earnings report, Credit Suisse's Kulbinder Garcha maintains an Outperform rating...
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Nutanix Shares 'Attractively Valued' Heading Into Q3 Report
Wednesday, May 24, 2017 - 8:19am | 333Nutanix Inc (NASDAQ: NTNX) shares are trading at attractive levels, according to a recent note from Credit Suisse. The firm reiterated an Outperform rating and $38 price target ahead of the company’s third-quarter earnings release, scheduled for May 25. “We believe the company’s...
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Analyst Reiterates Outperform Rating On Nutanix After Meeting With Management
Tuesday, April 18, 2017 - 12:30pm | 346John Lucia of JMP Securities maintains an Outperform rating on Nutanix Inc (NASDAQ: NTNX)'s stock with an unchanged $35 price target despite the stock trading near its all-time lows of $17.02 on Tuesday after an uber-hot 2016 IPO. Justification Of Rating Lucia's bullish stance follows a recent...
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Nutanix CFO Explains Conservative Guidance: 'There Is A Chance For Over Performance'
Friday, March 3, 2017 - 10:32am | 367Shares of Nutanix Inc (NASDAQ: NTNX) were trading lower by nearly 20 percent ahead of Friday's market open in reaction to the company's earnings report on Thursday, which was guided notably below Wall Street's expectations. The once-hot IPO issue saw its stock peak at $46.78 as some analysts were...
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Will Short Sellers Stick With Nutanix?
Tuesday, January 17, 2017 - 5:23pm | 299Pacific Crest is the latest analyst to see big upside in Nutanix Inc (NASDAQ: NTNX), citing advantages it has over competitors. The firm has an Overweight rating and $38 price target on shares. Oppenheimer recently set a $38 target price as well, along with a Buy rating, calling it an...
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Nutanix Analysts See Tremendous Long-Term Potential
Tuesday, October 25, 2016 - 3:49pm | 293Nutanix Inc (NASDAQ: NTNX), a $4 billion valued provider of enterprise cloud platforms, has seen its stock dip more than 17 percent since its recent initial public offering. Now that the quiet period has ended, research firms are beginning to release their analysis of the stock. Jayson Noland...