While Nutanix Inc has underperformed by -0.47%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, NTNX rose by 11.92%, with highs and lows ranging from $79.99 to $43.35, whereas the simple moving average jumped by 17.29% in the last 200 days.
On February 27, 2025, Northland Capital Upgraded Nutanix Inc (NASDAQ: NTNX) to Outperform. A report published by UBS on December 12, 2024, Initiated its previous ‘Buy’ rating for NTNX. Oppenheimer also rated NTNX shares as ‘Outperform’, setting a target price of $80 on the company’s shares in an initiating report dated November 13, 2024. Morgan Stanley October 28, 2024d the rating to Overweight on October 28, 2024, and set its price target from $71 to $72. Northland Capital May 30, 2024d its ‘Outperform’ rating to ‘Market Perform’ for NTNX, as published in its report on May 30, 2024. Raymond James’s report from May 08, 2024 suggests a price prediction of $72 for NTNX shares, giving the stock a ‘Outperform’ rating. William Blair also rated the stock as ‘Outperform’.
Analysis of Nutanix Inc (NTNX)
Further, the quarter-over-quarter increase in sales is 15.83%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Nutanix Inc’s future performance, with equity being one of the most critical indicators. Taking into account the quick ratio of the company, currently set at 1.66, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and NTNX is recording an average volume of 2.34M. On a monthly basis, the volatility of the stock is set at 4.71%, whereas on a weekly basis, it is put at 3.81%, with a gain of 8.66% over the past seven days. Furthermore, long-term investors anticipate a median target price of $91.15, showing growth from the present price of $72.50, which can serve as yet another indication of whether NTNX is worth investing in or should be passed over.
How Do You Analyze Nutanix Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.55%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 79.90% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
NTNX shares are owned by institutional investors to the tune of 79.90% at present.
