How to Buy Nutanix Stock
Nutanix Inc
Nutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa.
Nutanix stock last closed at $24.23, down 3.27% from the previous day, and has decreased 10.59% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.13 percentage points. Nutanix stock is currently +80.28% from its 52-week low of $13.44, and -28.17% from its 52-week high of $33.73.
At the moment, there are 230.11M shares of NTNX outstanding. The market capitalization of NTNX is $5.58B. In the past 24 hours, 1.78M NTNX shares were traded.
How to Buy Nutanix Stock
Wondering how to invest in Nutanix stock? Here's how.
- Decide where to buy Nutanix stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Nutanix stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your payment method and add your information.
- Analyze Nutanix stock: The Nutanix ticker symbol is NTNX. Is Nutanix stock a good investment? Should you buy shares of NTNX? How do NTNX's underlying business fundamentals look? Do top analysts think Nutanix is a good buy? Why has NTNX's stock price moved recently? (Hint: Our stock research tools can help you figure out if NTNX is a good stock to buy).
- Execute your NTNX buy order: Decide if you will purchase NTNX shares at the current market price or use a limit order to purchase NTNX shares at a given price.
- Keep tabs on your NTNX position: Create a watchlist to important updates regarding your new investment in Nutanix stock.
Step 1: Decide where to buy Nutanix stock
You need a brokerage account to access the NASDAQ market and buy NTNX stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you can invest in NTNX stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal info to create a new brokerage account.
- Submit your information by pressing the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you've filled out your info on the best stock market app, you need to deposit funds:
Check out the tutorial below if you need help depositing money into your investment account.
Step 4: Analyze Nutanix stock
Once you have selected the best place to buy Nutanix stock, it's very important to research their stock before you invest, so you truly understand the risk and upside.
Nutanix shares data
Fundamentals of Nutanix
WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on NTNX's stock page.
Is NTNX stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge NTNX's true value.
You can do additional valuation research on NTNX's stock here.
NTNX Financials at a glance
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the NTNX balance sheet.
Negative Financial Indicators:
- NTNX profit margin has gone up by 0.52 percentage points in the past year, but the company is still unprofitable.
- Total NTNX debt is still negative.
- NTNX earnings of -$456.14M is not sufficient to cover its interest payments.
- NTNX's operating cash flow of $126.12M allows it to safely service it's debt of $1.44B.
- There are more long-term liabilities than short-term assets on the NTNX balance sheet.
- NTNX debt to equity ratio of -3.98 is negative.
Do Wall Street analysts think it's a good time to buy Nutanix stock
Out of 11 sell side analysts who monitor NTNX, the consensus analyst rating on Nutanix is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent NTNX Analyst Ratings
Mehdi Hosseini, a bottom 27% analyst from Susquehanna reiterates NTNX with a strong buy rating and maintains their NTNX price target from $34.00 to $34.00, on Mar 9, 2023.
Matthew Hedberg, a bottom 2% analyst from RBC Capital reiterates NTNX with a buy rating and maintains their NTNX price target from $33.00 to $33.00, on Mar 7, 2023.
Mike Cikos, a bottom 3% analyst from Needham reiterates NTNX with a buy rating and maintains their NTNX price target from $33.00 to $33.00, on Mar 7, 2023.
Meta Marshall, a top 4% analyst from Morgan Stanley maintains NTNX with a hold rating and raises their NTNX price target from $26.00 to $30.00, on Dec 13, 2022.
Aaron Rakers, a top 2% analyst from Wells Fargo maintains NTNX with a hold rating and raises their NTNX price target from $20.00 to $32.00, on Dec 1, 2022.
You can dive deeper into what analysts are projecting on the Nutanix stock forecast page.
NTNX Trading Indicators
NTNX Performance Numbers
Last year, NTNX revenue was $1.64B. During the last 5 year, NTNX's revenue has grown by 11.89% per year. This was slower than the Software - Infrastructure industry average of 19.78%.
Learn more about NTNX's earnings and revenue performance here.
Are NTNX insiders buying or selling the stock?
In the past year, insiders at NTNX have sold more shares than they have bought.
Rajiv Ramaswami, President and CEO of NTNX, was the latest NTNX insider to sell. They sold $1,172,914.56 worth of NTNX shares on Mar 15, 2023.
Get more info about who owns NTNX stock here.
Does NTNX provide a stable income stream?
No, Nutanix doesn't provide an income stream by paying out dividends.
What do other traders have to say about NTNX?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your NTNX buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your NTNX position
Now that you own some NTNX stock, you'll want to keep up with your investment.
Create a watchlist to get alerted to the latest events about your NTNX stock.
NTNX Feed
How to Buy Stock in Nutanix
To reiterate, here are the 6 steps you need to take to buy Nutanix stock right now:
- Decide where to buy Nutanix stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Nutanix stock
- Execute your NTNX buy order
- Keep tabs on your NTNX position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Nutanix, click below.
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