While Nutanix Inc has underperformed by -1.80%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, NTNX rose by 13.11%, with highs and lows ranging from $79.99 to $43.35, whereas the simple moving average jumped by 15.45% 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.
One of the most important indicators of Nutanix Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. 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.
For any stock, average volume can also provide valuable insight into volatility, and NTNX is recording 2.38M average volume. On a monthly basis, the volatility of the stock is set at 4.43%, whereas on a weekly basis, it is put at 2.84%, with a loss of -0.74% over the past seven days. Furthermore, long-term investors anticipate a median target price of $91.15, showing growth from the present price of $71.96, 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?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. 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 4.56%. 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.