Wall Street Bulls Look Optimistic About Nutanix (NTNX): Should You Buy?

Wall Street Bulls Look Optimistic About Nutanix (NTNX): Should You Buy?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a… Article Source https://finance.yahoo.com/news/wall-street-bulls-look-optimistic-143012832.html

Nutanix (NTNX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Nutanix (NTNX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended July 2024, Nutanix (NTNX) reported revenue of $547.95 million, up 10.9% over the same period last year. EPS came in at $0.27, compared to $0.24 in the year-ago quarter. The reported revenue represents a surprise of +2.02% over the Zacks Consensus Estimate of $537.12 million. With the consensus EPS estimate being … Read more

Is It Worth Investing in Nutanix (NTNX) Based on Wall Street’s Bullish Views?

Is It Worth Investing in Nutanix (NTNX) Based on Wall Street’s Bullish Views?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Let’s take a look at what these Wall Street heavyweights have to … Read more

Nutanix (NTNX) Upgraded to Buy: What Does It Mean for the Stock?

Nutanix (NTNX) Upgraded to Buy: What Does It Mean for the Stock?

Nutanix (NTNX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company’s changing earnings picture is at the core of the Zacks rating. The … Read more

Down -8.57% in 4 Weeks, Here’s Why You Should You Buy the Dip in Nutanix (NTNX)

Down -8.57% in 4 Weeks, Here’s Why You Should You Buy the Dip in Nutanix (NTNX)

Nutanix (NTNX) has been beaten down lately with too much selling pressure. While the stock has lost 8.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. Here … Read more

Here’s What You Need to Know About Nutanix (NTNX) as Wall Street Analysts Predict a 26.11% Upside

Here’s What You Need to Know About Nutanix (NTNX) as Wall Street Analysts Predict a 26.11% Upside

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