SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its management will present at the following upcoming financial community event: Morgan Stanley Technology, Media & Telecom Conference Wednesday, March 6, 2024 2:50 p.m. PST; 5:50 p.m. EST A live webcast and replay of the presentation will be accessible on the Nutanix I...
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced financial results for its second quarter ended January 31, 2024. “Our disciplined execution enabled us to deliver a solid second quarter financial performance against an uncertain, but stable macro backdrop,” said Rajiv Ramaswami, President and CEO of Nutanix. “We continue t...
The best strategy to invest in the AI revolution is to focus on the pick and shovel vendors in the space. These companies serve as toll takers on the road to the deployment of AI based applications.
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it will report its financial results for the second quarter of fiscal year 2024, which ended January 31, 2024, after U.S. markets close on Wednesday, February 28, 2024. Nutanix will host a conference call and earnings webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST o...
SAN JOSE, Calif.--(BUSINESS WIRE)--Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that its management will present at the following upcoming financial community event: 26th Annual Needham Growth Conference Tuesday, January 16, 2024 12:45 p.m. PST; 3:45 p.m. EST A live webcast and replay of the presentation will be accessible on the Nutanix Investor Relati...
Nutanix is a strong choice for investors looking to enter the market rebound, with room for further upside in 2024. The company benefits from increased interest in automation and AI adoption, with potential for growth in AI-related use cases. Still trading at just ~4x current-year revenue, I view NTNX stock as having at least 20% more upside through mid-2024.
Nutanix Inc. NASDAQ: NTNX shares soared to a new 52-week high driven by a strong fiscal Q1 2024 earnings beat and raised guidance. The Company provides hyperconverged IT infrastructure services as a member of the Computer and Technology sector.
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