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
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
Nutanix (NTNX) closed the latest trading day at $49.35, indicating a +0.88% change from the previous session’s end. This move outpaced the S&P 500’s daily loss of 0.51%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq lost 0.93%. Shares of the enterprise cloud platform services provider witnessed a loss of 11.02% over the previous … Read more
Nutanix (NTNX) closed at $59.60 in the latest trading session, experiencing a slight decrease of -0.83% from the previous day. This performance was lower than the S&P 500’s daily gain of 0.1%, while the Dow lost 0.08% and the Nasdaq gained 0.28%. Over the past month, Nutanix’s stock has increased by 14.76%, surpassing the Computer … Read more
Nutanix (NTNX) is set to announce its second-quarter fiscal 2022 results on Mar 2, with revenue expected to be between $400-$410 million. Analysts estimate revenues to hit $407.9 million, representing a 17.8% growth from the previous year. The projected loss per share is 21 cents, showing a significant improvement from a year ago. Nutanix has … Read more