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NASDAQ: NTNX
Nutanix Inc Stock Forecast, Predictions & Price Target

Analyst price target for NTNX

Based on 11 analysts offering 12 month price targets for Nutanix Inc.
Min Forecast
$42.00-31.02%
Avg Forecast
$67.46+10.78%
Max Forecast
$76.00+24.82%

Should I buy or sell NTNX stock?

Based on 11 analysts offering ratings for Nutanix Inc.
Strong Buy
Strong Buy
6 analysts 54.55%
Buy
3 analysts 27.27%
Hold
2 analysts 18.18%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their NTNX stock forecasts and price targets.

NTNX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-10Find Out Why
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-02-29Find Out Why
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-02-29
Bank of America
Top 6%
95
Strong BuyMaintains$65.00+6.75%2024-02-29Find out why
Piper Sandler
Top 21%
80
Strong BuyMaintains$76.00+24.82%2024-02-29Find out why
Needham
Top 3%
98
BuyMaintains$72.00+18.25%2024-02-29
Barclays
Top 4%
97
Strong BuyMaintains$68.00+11.68%2024-02-29Find out why
JMP Securities
Top 3%
98
BuyMaintains$70.00+14.96%2024-02-05

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Forecast return on equity

Is NTNX forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is NTNX forecast to generate an efficient return on assets?
Company
N/A
Industry
22.18%

NTNX revenue forecast

What is NTNX's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$2.1B+5.95%
Avg 2 year Forecast
$2.5B+22.95%
Avg 3 year Forecast
$2.9B+42.48%
NTNX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NTNX revenue growth forecast

How is NTNX forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
12.39%
Industry
10.62%
Market
9.92%
NTNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NTNX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NTNX vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
NTNX$60.89$67.46+10.78%Strong Buy
HOOD$17.12$19.21+12.23%Hold
AKAM$101.79$122.00+19.85%Buy
OKTA$92.93$101.46+9.18%Buy
GEN$20.55$25.75+25.30%Buy

Nutanix Stock Forecast FAQ

Is Nutanix Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: NTNX) stock is to Strong Buy NTNX stock.

Out of 11 analysts, 6 (54.55%) are recommending NTNX as a Strong Buy, 3 (27.27%) are recommending NTNX as a Buy, 2 (18.18%) are recommending NTNX as a Hold, 0 (0%) are recommending NTNX as a Sell, and 0 (0%) are recommending NTNX as a Strong Sell.

If you're new to stock investing, here's how to buy Nutanix stock.

What is NTNX's revenue growth forecast for 2024-2026?

(NASDAQ: NTNX) Nutanix's forecast annual revenue growth rate of 12.39% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.62%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.92%.

Nutanix's revenue in 2024 is $2,019,078,000.On average, 11 Wall Street analysts forecast NTNX's revenue for 2024 to be $522,677,259,099, with the lowest NTNX revenue forecast at $520,430,896,747, and the highest NTNX revenue forecast at $528,244,543,475. On average, 11 Wall Street analysts forecast NTNX's revenue for 2025 to be $606,518,323,753, with the lowest NTNX revenue forecast at $588,979,887,560, and the highest NTNX revenue forecast at $627,192,969,122.

In 2026, NTNX is forecast to generate $702,873,439,632 in revenue, with the lowest revenue forecast at $639,653,756,588 and the highest revenue forecast at $764,872,454,163.

What is NTNX's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: NTNX) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 22.18%.

What is NTNX's Price Target?

According to 11 Wall Street analysts that have issued a 1 year NTNX price target, the average NTNX price target is $67.46, with the highest NTNX stock price forecast at $76.00 and the lowest NTNX stock price forecast at $42.00.

On average, Wall Street analysts predict that Nutanix's share price could reach $67.46 by Apr 10, 2025. The average Nutanix stock price prediction forecasts a potential upside of 10.78% from the current NTNX share price of $60.89.

What is NTNX's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: NTNX) forecast ROE is N/A, which is considered weak.
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