Nutanix, Inc. (NTNX)
Nutanix: Shifting To A Buy As The Company Enters FY2025 On Solid Footing (Rating Upgrade)
Nutanix is a buy due to strong Q4 earnings, record new logo adds, and expanding reseller network, indicating robust go-to-market performance. The company is a leader in hybrid cloud, with AI driving additional deal momentum and a strong pipeline of recurring revenue. Nutanix's focus on profitability has led to significant free cash flow growth, reinforcing its long-term investment potential.
Here is What to Know Beyond Why Nutanix (NTNX) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Nutanix (NTNX). This makes it worthwhile to examine what the stock has in store.
Nutanix CEO: No signs of slowdown in spending in digital transformation
Rajiv Ramaswami, the CEO of cloud computing company Nutanix, talks about enterprise spending on artificial intelligence, and why demand is set to stay resilient.
Here's Why Nutanix (NTNX) is a Strong Momentum Stock
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Nutanix: Mid-Teens Growth Is Easily Achievable
I maintain a buy rating for Nutanix stock due to robust growth outlook and signs of capturing market share from VMware. Despite a slowdown in headline revenue growth, strong ACV billings and ARR growth indicate underlying demand remains solid. Nutanix benefits from VMware customer dissatisfaction post-Broadcom acquisition, with a growing pipeline of large deals.
Why Nutanix Rallied 25.1% in August
Nutanix delivered a healthy beat in its fourth-quarter earnings report, as well as solid guidance. The company may be benefiting from Broadcom's acquistion of VMware.
Why Nutanix Stock Was Surging Today
Nutanix beat estimates on the top and bottom lines in the fiscal fourth quarter. Revenue growth is expected to accelerate next year.
Nutanix Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
NTNX delivers steady growth in ACV billings in fourth-quarter fiscal 2024, primarily driven by continued demand for its hybrid multi-cloud software solutions.
These Analysts Boost Their Forecasts On Nutanix After Upbeat Earnings
Nutanix, Inc. NTNX reported better-than-expected fourth-quarter financial results and issued FY25 revenue guidance above estimates on Wednesday.
Nutanix (NTNX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Nutanix (NTNX) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Nutanix, Inc. (NTNX) Q4 2024 Earnings Call Transcript
Nutanix, Inc. (NASDAQ:NTNX ) Q4 2024 Earnings Conference Call August 28, 2024 4:30 PM ET Company Participants Rich Valera - Vice President, Investor Relations Rajiv Ramaswami - President & Chief Executive Officer Rukmini Sivaraman - Chief Financial Officer Conference Call Participants George Wang - Barclays Jim Fish - Piper Sandler Meta Marshall - Morgan Stanley Ruplu Bhattacharya - Bank of America Jason Ader - William Blair Victor Chiu - Raymond James Mike Cikos - Needham Operator Thank you for standing by and welcome to Nutanix Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Nutanix (NTNX) Beats Q4 Earnings and Revenue Estimates
Nutanix (NTNX) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.24 per share a year ago.
