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Royal Bank of Canada Increases Nutanix (NASDAQ:NTNX) Price Target to $38.00

Nutanix (NASDAQ:NTNX – Get Rating) had its price objective increased by stock analysts at Royal Bank of Canada from $33.00 to $38.00 in a research report issued to clients and investors on Thursday, The Fly reports. Royal Bank of Canada’s price target suggests a potential upside of 28.94% from the company’s current price. Other equities […] ....

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Analysts Set Nutanix, Inc. (NASDAQ:NTNX) PT at $31.92

Nutanix, Inc. (NASDAQ:NTNX – Get Rating) has been given a consensus rating of “Moderate Buy” by the sixteen analysts that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among analysts that […] ....

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Cloud Stocks: Nutanix Reimagines Data Centric Platform Services

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its third quarter results. The market was pleased with Nutanix's quarterly performance and outlook. Post the results announcement, it's stock soared 14% in the after-hours trading session. Nutanix's Financials For the third quarter of the year, revenues grew 11% to $448.6 million, ahead of the analyst projections of $433 million. Net loss was $81.2 million, or $0.35 a share, compared with a loss of $112.0 million, or $0.50 a share a year ago. Non GAAP EPS was $0.04 a share, in line with the consensus. By segment, Nutanix's support, entitlements and other services revenues grew 16% to $236.1 million, while product revenue grew 6% to $212.5 million. For the third quarter, Nutanix forecast revenues of $470-$480 million compared with the market's estimates of $452 million. For fiscal year 2023, the company expects revenue of $1.84-$1.85 billion. Nutanix's Growth Focus Recently, Nutanix ....

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Nutanix Stock Up 14% On Narrow Loss, Higher Revenues In Q3; Lifts FY23 Outlook

Shares of computer software company Nutanix, Inc. (NTNX) were up 14% on Thursday as it reported a narrower loss and higher revenue for the third quarter. The company raised its outlook for the full year 2023. ....

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Nutanix (NTNX) Scheduled to Post Earnings on Wednesday

Nutanix (NASDAQ:NTNX – Get Rating) is set to post its quarterly earnings results after the market closes on Wednesday, May 24th. Analysts expect Nutanix to post earnings of $0.02 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link. Nutanix Price Performance […] ....

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