2019 has not been a favorable year for Nutanix but many believe that it had unjustly reached the depths of $17 having sat as high as $54 in January. Speculations has mounted recently about the possibility of the firm attracting interest from larger cloud players.
Today Susquehanna put their weight behind the stock with a lofty $45 price target.
AVERAGE ANALYSTS PRICE TARGET $34
AVERAGE ANALYSTS RECOMMENDATION Overweight
P/R RATIO
SHORT INTEREST 10%
COMPANY PROFILE
Nutanix, Inc. engages in the provision of enterprise virtualization and storage solutions. It specializes in cloud operating system that converges traditional silos of server, virtualization, storage, and networking into one integrated solution and unifies private and public cloud into a single software fabric. Its products are offered through 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, CA.
Today Susquehanna put their weight behind the stock with a lofty $45 price target.
AVERAGE ANALYSTS PRICE TARGET $34
AVERAGE ANALYSTS RECOMMENDATION Overweight
P/R RATIO
SHORT INTEREST 10%
COMPANY PROFILE
Nutanix, Inc. engages in the provision of enterprise virtualization and storage solutions. It specializes in cloud operating system that converges traditional silos of server, virtualization, storage, and networking into one integrated solution and unifies private and public cloud into a single software fabric. Its products are offered through 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, CA.