Nutanix, Inc. Class A Common Stock
NTNXNutanix, Inc. Class A (NTNX) is a cloud computing company specializing in enterprise software solutions that simplify the deployment and management of data centers and cloud environments. Founded in 2009, Nutanix offers a hyper-converged infrastructure platform that integrates storage, computing, and networking into a single software-driven solution, enabling organizations to optimize their IT operations and scalability.
Company News
The Hyper Converged Infrastructure Market is projected to grow from USD 16.16 billion in 2025 to USD 84.72 billion by 2033, with a 23.01% CAGR, driven by hybrid cloud adoption and simplified IT management needs.
Nutanix reported Q1 fiscal 2026 earnings with 13% year-over-year revenue growth, but missed analyst expectations on revenue guidance, causing an 18% stock price drop.
Stock markets traded higher before Thanksgiving, with tech stocks leading gains. Initial jobless claims decreased, signaling economic resilience, and markets showed optimism ahead of traditionally strong year-end sales period.
Three tech companies - Dropbox, Nutanix, and Salesforce - have announced significant share buyback programs, signaling financial strength and confidence in their future growth, particularly in AI-driven platforms.
Nutanix (NTNX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
