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Nutanix (NTNX) Surpasses Market Returns: Some Facts Worth Knowing
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In the latest close session, Nutanix (NTNX - Free Report) was up +1.43% at $60.14. This change outpaced the S&P 500's 1.31% gain on the day. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 1.6%.
Coming into today, shares of the enterprise cloud platform services provider had lost 18.65% in the past month. In that same time, the Computer and Technology sector lost 13.88%, while the S&P 500 lost 3.66%.
The investment community will be closely monitoring the performance of Nutanix in its forthcoming earnings report. The company is scheduled to release its earnings on November 24, 2026. On that day, Nutanix is projected to report earnings of $0.6 per share, which would represent year-over-year growth of 46.34%. Alongside, our most recent consensus estimate is anticipating revenue of $761.76 million, indicating a 13.6% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.31 per share and a revenue of $3.21 billion, indicating changes of +13.24% and +12.44%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Nutanix. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Nutanix boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Nutanix is currently exchanging hands at a Forward P/E ratio of 25.68. This expresses a premium compared to the average Forward P/E of 15.47 of its industry.
Investors should also note that NTNX has a PEG ratio of 1.48 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Computers - IT Services industry had an average PEG ratio of 1.29.
The Computers - IT Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 139, positioning it in the bottom 44% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow NTNX in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Nutanix (NTNX) Surpasses Market Returns: Some Facts Worth Knowing
In the latest close session, Nutanix (NTNX - Free Report) was up +1.43% at $60.14. This change outpaced the S&P 500's 1.31% gain on the day. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 1.6%.
Coming into today, shares of the enterprise cloud platform services provider had lost 18.65% in the past month. In that same time, the Computer and Technology sector lost 13.88%, while the S&P 500 lost 3.66%.
The investment community will be closely monitoring the performance of Nutanix in its forthcoming earnings report. The company is scheduled to release its earnings on November 24, 2026. On that day, Nutanix is projected to report earnings of $0.6 per share, which would represent year-over-year growth of 46.34%. Alongside, our most recent consensus estimate is anticipating revenue of $761.76 million, indicating a 13.6% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.31 per share and a revenue of $3.21 billion, indicating changes of +13.24% and +12.44%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Nutanix. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Nutanix boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Nutanix is currently exchanging hands at a Forward P/E ratio of 25.68. This expresses a premium compared to the average Forward P/E of 15.47 of its industry.
Investors should also note that NTNX has a PEG ratio of 1.48 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Computers - IT Services industry had an average PEG ratio of 1.29.
The Computers - IT Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 139, positioning it in the bottom 44% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow NTNX in the coming trading sessions, be sure to utilize Zacks.com.