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Nutanix

NTNXNASDAQ
Logo brought to you by Benzinga Data
$61.20
0.390.63%
Last update: 2:26 PM
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$85.00
Lowest Price Target1
$42.00
Consensus Price Target1
$71.29

Nutanix (NASDAQ:NTNX) Stock, Analyst Ratings, Price Targets, Forecasts

Nutanix Inc has a consensus price target of $71.29 based on the ratings of 16 analysts. The high is $85 issued by Raymond James on August 29, 2024. The low is $42 issued by Wells Fargo on November 30, 2023. The 3 most-recent analyst ratings were released by Northland Capital Markets, RBC Capital, and Piper Sandler on August 30, 2024, August 29, 2024, and August 29, 2024, respectively. With an average price target of $75.33 between Northland Capital Markets, RBC Capital, and Piper Sandler, there's an implied 23.08% upside for Nutanix Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
0
0
0
0
Apr
5
1
May
1
Jun
7
2
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Northland Capital Markets
RBC Capital
Piper Sandler
JP Morgan
Raymond James

1calculated from analyst ratings

Analyst Ratings for Nutanix

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Nutanix (NTNX) stock?

A

The latest price target for Nutanix (NASDAQ:NTNX) was reported by Northland Capital Markets on August 30, 2024. The analyst firm set a price target for $74.00 expecting NTNX to rise to within 12 months (a possible 20.91% upside). 48 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nutanix (NTNX)?

A

The latest analyst rating for Nutanix (NASDAQ:NTNX) was provided by Northland Capital Markets, and Nutanix maintained their market perform rating.

Q

When was the last upgrade for Nutanix (NTNX)?

A

The last upgrade for Nutanix Inc happened on January 17, 2024 when William Blair raised their price target to N/A. William Blair previously had a market perform for Nutanix Inc.

Q

When was the last downgrade for Nutanix (NTNX)?

A

The last downgrade for Nutanix Inc happened on May 18, 2023 when OTR Global changed their price target from N/A to N/A for Nutanix Inc.

Q

When is the next analyst rating going to be posted or updated for Nutanix (NTNX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nutanix, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nutanix was filed on August 30, 2024 so you should expect the next rating to be made available sometime around August 30, 2025.

Q

Is the Analyst Rating Nutanix (NTNX) correct?

A

While ratings are subjective and will change, the latest Nutanix (NTNX) rating was a maintained with a price target of $71.00 to $74.00. The current price Nutanix (NTNX) is trading at is $61.21, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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