Nutanix shares surge 12% on strong earnings beat and outlook Investing.com India Article Source https://in.investing.com/news/stock-market-news/nutanix-shares-surge-12-on-strong-earnings-beat-and-outlook-93CH-4405624
On Thursday, RBC Capital Markets adjusted its outlook on Nutanix (NASDAQ:) shares, raising the price target to $75 from $70, while maintaining an Outperform rating. The revision followed Nutanix’s announcement of its fourth-quarter results, which surpassed consensus expectations and reached the higher end of the company’s guidance. The company’s performance was marked by strong Annual … Read more
Earnings call: Nutanix reports robust growth and positive outlook for FY2025 Investing.com India Article Source https://in.investing.com/news/stock-market-news/earnings-call-nutanix-reports-robust-growth-and-positive-outlook-for-fy2025-93CH-4406303
Nutanix (NASDAQ:), a leader in hybrid multi-cloud computing, has reported strong financial results for the fourth quarter and fiscal year 2024. The company surpassed its guided metrics, with Q4 revenue climbing to $548 million, marking an 11% increase year-over-year (YoY), and an impressive 15% YoY revenue growth for the full year, reaching $2.15 billion. Nutanix … Read more
Nutanix shares surge 12% on strong earnings beat and outlook By Investing.com Investing.com South Africa Article Source https://za.investing.com/news/stock-market-news/nutanix-shares-surge-12-on-strong-earnings-beat-and-outlook-93CH-3308822
SAN JOSE, Calif. – Nutanix Inc . (NASDAQ:) shares soared 12.45% in after-hours trading on Wednesday after the hybrid multicloud computing company reported fiscal fourth-quarter results that exceeded analyst expectations and provided an upbeat outlook for fiscal 2025. The company posted adjusted earnings per share of $0.34, surpassing the consensus estimate of $0.20 by a … Read more
On Friday, JPMorgan adjusted its outlook on Nutanix (NASDAQ:), a leader in hybrid multicloud computing, by reducing its price target to $65 from the previous $80 while maintaining an Overweight rating on the stock. The firm anticipates that the company will likely adopt a conservative stance regarding its fiscal year 2025 (FY25) guidance, which ends … Read more
On Wednesday, BofA Securities adjusted its outlook on Nutanix (NASDAQ:) shares, a leader in hyper-converged infrastructure (HCI). The price target was reduced to $72 from $75 while the Buy rating remained. The firm acknowledges the potential for Nutanix to increase its market share at the expense of VMWare, now a part of Broadcom Inc. (NASDAQ:), … Read more
Oracle has certified Palantir Technologies Inc.’s Foundry and AIP on Oracle Cloud Infrastructure (OCI), enhancing AI capabilities for enterprises and governments. The collaboration aims to meet compliance, performance, and security demands for AI deployments. Palantir’s platforms will now benefit from OCI’s distributed cloud infrastructure, enabling customers to scale AI operations while meeting security requirements. Oracle … Read more
Jefferies has reaffirmed its buy rating on Oracle Corporation despite the halt in negotiations for a potential $10 billion deal with xAI. The analyst believes that Oracle’s strong performance will continue, driven by its robust sales pipeline and RPO growth. The company’s ability to meet its projected financial targets is seen as a key factor … Read more