Northland Securities Sticks To Its Buy Rating For Nutanix By Investing.com

Northland Securities analyst Nehal Chokshi maintained a buy rating on Nutanix (NASDAQ 🙂 on Tuesday, setting a price target of $ 52, or about 54.44% above the current share price. of $ 33.67.

Chokshi expects Nutanix to post earnings per share (EPS) of $ -0.60 for the third quarter of 2021.

The current consensus among 14 TipRanks analysts is for a moderate buy rating for shares of Nutanix, with an average price target of $ 45.75.
Analysts’ price targets range from a high of $ 61 to a low of $ 38.

In its latest earnings report, released on 4/30/2021, the company reported quarterly revenue of $ 344.51 million and net profit of $ -180.57 million. The company’s market capitalization is $ 7.12 billion.

According to TipRanks.com, Northland Securities analyst Nehal Chokshi is currently ranked with 5 stars on a 0 to 5 star rating scale, with an average return of 23.7% and a success rate of 62.66%.

Nutanix, Inc. is committed to providing enterprise storage and virtualization solutions. It specializes in cloud operating systems that converge traditional server, virtualization, storage and networking silos into an integrated solution and unifies private and public clouds into a single software structure. Its products are offered under the Acropolis and Prism brands. The company was founded by Dheeraj Pandey, Ajeet Singh, and Mohit Aron in 2009 and is headquartered in San Jose, California.

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