Ahead of Nutanix (NTNX) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics MSN Article Source https://www.msn.com/en-us/money/topstocks/ahead-of-nutanix-ntnx-q4-earnings-get-ready-with-wall-street-estimates-for-key-metrics/ar-AA1pjsDb
Wall Street analysts forecast that Nutanix (NTNX) will report quarterly earnings of $0.19 per share in its upcoming release, pointing to a year-over-year decline of 20.8%. It is anticipated that revenues will amount to $537.12 million, exhibiting an increase of 8.7% compared to the year-ago quarter. The consensus EPS estimate for the quarter has been … Read more
Is Nutanix (NTNX) a Buy as Wall Street Analysts Look Optimistic? MSN Article Source https://www.msn.com/en-us/money/topstocks/is-nutanix-ntnx-a-buy-as-wall-street-analysts-look-optimistic/ar-AA1ogEsp
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see … Read more
Broadcom, the winner of the AI race, has recently received a new high price target on Wall Street. The company’s stock is expected to see a significant increase following an upcoming stock split. Analysts are optimistic about Broadcom’s future performance and investors are eagerly anticipating the potential profit opportunity. With this bullish sentiment in place, … Read more
Rimini Street, a leading provider of enterprise software support, has launched new services for VMware products. This offering includes Rimini Support™, Rimini Protect™, and Rimini Consult™ for VMware customers with perpetual licenses. These services aim to provide comprehensive support, security protection, and expert consulting to enable customers to continue using their VMware infrastructure for years … Read more
Nutanix (NTNX) closed its last trading session at $59.41, showing a 12.5% increase over the past four weeks. Wall Street analysts have set short-term price targets for the stock, with a mean price target of $74.92 suggesting a potential 26.1% upside. The range of price targets varies from $60 to $80, with a standard deviation … Read more
AI technology company, AI, has reportedly ended discussions with Oracle regarding a deal to enhance AI chips. The Wall Street Journal has reported that the negotiations between the two companies have come to a halt. AI’s decision to terminate the talks with Oracle could have significant implications for the future of both companies in the … Read more
recently reported on Broadcom’s significant overhaul of its VMware software division, a move that has caught the attention of many chief information officers (CIOs). Broadcom, a global technology company known for its expertise in semiconductor and infrastructure software, made changes to its VMware products, including eliminating certain features and raising prices. The article highlights how … Read more
Intel Corporation’s stock has not been favored by Wall Street analysts, with most giving it a “Hold” rating. However, one journalist has been bullish on the stock, highlighting the potential for growth in earnings per share and citing catalysts like the Biden administration’s grant. The journalist believes that Intel’s foundry business is a key aspect … Read more