
Nutanix (NTNX) Stock Forecast & Price Target
Nutanix (NTNX) Analyst Ratings
Bulls say
Nutanix is a steady market share gainer in the hybrid multicloud infrastructure industry, with key revenue generated from the United States. They have experienced solid growth with solid free cash flow generation (FCF margin of 28%) and is currently trading at 4.5x EV/S, below the mid-point of comparable growth enterprise software vendors. With a continued focus on customer choice and expanding their product offering, Nutanix is well-positioned for sustainable growth in the future.
Bears say
Nutanix is facing challenges in converting bookings to revenue in the short term, but its consistent execution and focus on offering customers choices in terms of server vendors, public cloud integration, and adoption of external storage options positions them well in the rapidly evolving infrastructure software market. However, the proliferation of similar features among numerous vendors may create confusion and slow purchasing cycles. Additionally, the company's lower sales guidance could be impacted by supply chain and pricing challenges. Despite these challenges, Nutanix has a strong cash position and is maintaining its focus on profitability and free cash flow generation.
This aggregate rating is based on analysts' research of Nutanix and is not a guaranteed prediction by Public.com or investment advice.
Nutanix (NTNX) Analyst Forecast & Price Prediction
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