Investors might want to bet on Nutanix (NTNX), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

In a report released today, George Wang CFA from Barclays maintained a Buy rating on Nutanix (NTNX – Research Report), with a price target of

On Monday, Nutanix Inc (NTNX) stock saw a decline, ending the day at $72.8 which represents a decrease of $-0.38 or -0.52% from the prior close of $73.18. The stock opened at $74.3 and touched a low of $72.04 during the day, reaching a high of $75.8. The volume of shares traded was 19.44 million exceeding the average volume of 1.94 million.

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher.

Nutanix (NTNX) delivered earnings and revenue surprises of 35.48% and 3.37%, respectively, for the quarter ended October 2024. Do the numbers hold clues to what lies ahead for the stock?

Nutanix Inc ( (NTNX) ) has released its Q1 earnings. Here is a breakdown of the information Nutanix Inc presented to its investors.Don't Miss

Q1 2025 Earnings Conference Call November 26, 2024 4:30 PM ETCompany ParticipantsRich Valera - VP, IRRajiv Ramaswami -

The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. The enterprise cloud platform services provider posted revenue of $591 million in the period,