Why Are People Talking About Investing in NTNX?

Nutanix sank -8.27% today, compared to the S&P 500's day change of -1.17%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

  • Nutanix has moved 24.38% over the last year, and the S&P 500 logged a change of -2.93%

  • NTNX has an average analyst rating of buy and is -19.69% away from its mean target price of $32.86 per share

  • Its trailing earnings per share (EPS) is $-2.13

  • Nutanix has a trailing 12 month Price to Earnings (P/E) ratio of -12.39 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $0.51 and its forward P/E ratio is 51.75

  • Nutanix is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23

  • Nutanix, Inc. develops and provides an enterprise cloud platform in North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa. The company is headquartered in San Jose, California.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.