Summary:
- Nutanix (NTNX, Financial) is expected to report a substantial growth in both EPS and revenue for the upcoming quarter.
- Analysts provide an optimistic outlook with a potential upside in the stock's price.
- GuruFocus GF Value suggests a potential downside, offering a mixed investment perspective.
Upcoming Earnings Report: Anticipated Growth
Nutanix (NTNX) is set to unveil its third-quarter earnings on May 28th, post-market close. Analysts are forecasting a notable 35.7% boost in earnings per share (EPS) to $0.38, alongside a projected 19.4% increase in revenue, reaching $626.62 million. These expectations are buoyed by recent positive trends, which have seen upward revisions of EPS and revenue estimates 15 and 12 times respectively, reflecting growing confidence in Nutanix's performance.
Wall Street Analysts' Expectations
Wall Street analysts project a positive trajectory for Nutanix Inc (NTNX, Financial), with a consensus one-year price target averaging $89.19. This estimate, derived from 14 analysts, ranges between a high of $100.00 and a low of $73.11, indicating a potential 12.90% upside from the current stock price of $79.00. For more in-depth forecasts, visit the Nutanix Inc (NTNX) Forecast page.
Brokerage Recommendations: Outperform
The consensus among 18 brokerage firms rates Nutanix Inc (NTNX, Financial) at an average of 1.9, translating to an "Outperform" recommendation. This rating scale, ranging from 1 to 5, indicates a strong market sentiment, with 1 representing a Strong Buy and 5 signifying a Sell.
GF Value Assessment: A Cautious Perspective
According to GuruFocus, the estimated GF Value for Nutanix Inc (NTNX, Financial) over the next year is $42.48. This suggests a potential downside of 46.23% from the current price of $79.00. The GF Value metric considers historical trading multiples, past business growth, and future business performance estimates. Investors can find more comprehensive data on the Nutanix Inc (NTNX) Summary page.
Overall, while Nutanix Inc shows promising growth projections according to earnings forecasts and analyst price targets, the GuruFocus GF Value offers a more cautious outlook, highlighting the importance of thorough analysis when considering investment decisions.
