Nutanix Inc (NASDAQ: NTNX) – Not A Clear Buying Opportunity?

Nutanix Inc (NTNX) concluded trading on Thursday at a closing price of $71.36, with 3.54 million shares of worth about $252.97 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.36% during that period and on March 06, 2025 the price saw a loss of about -7.44%. Currently the company’s common shares owned by public are about 267.93M shares, out of which, 249.84M shares are available for trading.

Stock saw a price change of -6.77% in past 5 days and over the past one month there was a price change of 0.59%. Year-to-date (YTD), NTNX shares are showing a performance of 16.64% which increased to 9.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.35 but also hit the highest price of $79.99 during that period. The average intraday trading volume for Nutanix Inc shares is 2.44 million. The stock is currently trading -1.13% below its 20-day simple moving average (SMA20), while that difference is up 5.14% for SMA50 and it goes to 15.47% higher than SMA200.

Nutanix Inc (NASDAQ: NTNX) currently have 267.93M outstanding shares and institutions hold larger chunk of about 79.61% of that.

The stock has a current market capitalization of $19.12B and its 3Y-monthly beta is at 0.81. It has posted earnings per share of -$0.28 in the same period. It has Quick Ratio of 1.12. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NTNX, volatility over the week remained 5.00% while standing at 3.50% over the month.

Stock’s fiscal year EPS is expected to rise by 23.70% while it is estimated to increase by 16.34% in next year. EPS is likely to shrink at an annualized rate of 21.70% for next 5-years, compared to annual growth of 31.71% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on February 27, 2025 offering an Outperform rating for the stock and assigned a target price range of between $77 and $97 to it. Coverage by UBS stated Nutanix Inc (NTNX) stock as a Buy in their note to investors on December 12, 2024, suggesting a price target of $81 for the stock. On November 13, 2024, Oppenheimer Initiated their recommendations, while on October 28, 2024, Morgan Stanley Upgrade their ratings for the stock with a price target of $72. Stock get a Market perform rating from Northland Capital on May 30, 2024.

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