Nutanix, Inc. with ticker code (NTNX) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 58 and 23 calculating the average target price we see 37.58. With the stocks previous close at 25.74 this now indicates there is a potential upside of 46.0%. The day 50 moving average is 31.99 and the 200 day moving average is 40.73. The company has a market capitalisation of $4,686m. Visit the company website at: http://www.nutanix.com
Nutanix, Inc., together with its subsidiaries, develops and provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. Its solution addresses a range of workloads, including enterprise applications, databases, virtual desktop infrastructure, unified communications, and big data analytics. The company offers Acropolis, an open platform comprising hyperconvergence, native virtualization, enterprise storage, virtual networking, and platform services; and Prism, an end-to-end consumer-grade management plane providing management and analytics across its software products and services. It also provides Nutanix Calm that offers native application orchestration, automation, and lifecycle management to its enterprise cloud platform. In addition, the company offers Beam, a multi-cloud optimization service; and Frame, a desktop-as-a-service. It serves customers in a range of industries, including automotive, consumer goods, education, energy, financial services, healthcare, manufacturing, media, public sector, retail, technology, and telecommunications, as well as service providers. The company was founded in 2009 and is headquartered in San Jose, California.