NTNX: Growth numbers

Currently pretty weak, but longer term I do believe there is potential. Save some of your investment for when growth is more proven.

Composite Rating 31 Fail
EPS Rating 15 Fail
RS Rating 41 Fail
Group RS Rating A Pass
SMR Rating N/A N/A
Acc/Dis Rating B Pass

it is ranked #37 in its stock group. CRM is #1.

earnings back on Sept 1:

Early in the day, Nutanix shares were up 10% then reversed. At the close on the stock market today, shares finished at the break-even mark at 22.

Not a sign of confidence.

FBN Securities analyst Shebly Seyrafi raised his price target on Nutanix to 30 from 27, with a rating of outperform.

“We are impressed by the company’s continued growth in software bookings,” Seyrafi wrote in a research note to clients, adding that the company also benefited from many large deals.

Someone has confidence.

Nutanix is involved in an emerging technology field called hyperconvergence infrastructure. It replaces silos of servers, storage and networking gear with a converged system that combines storage, computing and software into one package, based on commodity, lower-cost hardware

Among the negatives, as seen by analysts, Nutanix is facing increased competition from NetApp (NTAP), Cisco Systems (CSCO) (IBD), VMware (VMW) and Hewlett Packard Enterprise (HPE). Analysts also noted that Nutanix is having to deal with higher DRAM-chip prices but is maneuvering through that challenge with software enhancements.

RBC Capital Markets analyst Matthew Hedberg maintained an outperform rating on Nutanix and price target of 34