The Latest Breaking News from Nutanix

Nutanix (NTNX) recently saw its shares plummet in price despite posting significant revenue and ARR growth in its last reported quarter. Given that the company failed to beat analysts' earnings estimates due to supply chain disruptions and sales attrition, will the stock be able to recover? Read on, let's find…

Nutanix Inc (NASDAQ: NTNX) shares are trading significantly lower Thursday after the company reported financial results and issued guidance below analyst estimates.

Because the software industry is booming with continued digital transformation and hybrid activities, prominent companies in this space, VMware (VMW) and Nutanix (NTNX), should witness increasing demand for their solutions. But which of these two stocks is a better buy now? Read on to learn our view.

Nutanix (NASDAQ:NTNX) reported its Q2 earnings results on Wednesday, March 2, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Nutanix beat estimated earnings by 84.21%, reporting an EPS of $-0.03 versus an estimate of $-0.19.

Nutanix (NASDAQ:NTNX) is set to give its latest quarterly earnings report on Wednesday, 2022-03-02. Here's what investors need to know before the announcement. Analysts estimate that Nutanix will report an earnings per share (EPS) of $-0.19.

Analysts have provided the following ratings for Nutanix (NASDAQ:NTNX) within the last quarter:

KeyBanc analyst Thomas Blakey initiated coverage of Nutanix Inc (NASDAQ:NTNX) with an Overweight rating and a $39 price target, suggesting an upside of 38.74%. The recent acceleration, new product cross-sell, and go-to-market partnerships have influenced his above-Street revenue and ACV billings outlook. Blakey further notes that he sees potential rerating with about 50% of…