The latest price target for Nutanix (NASDAQ:NTNX) was reported by JP Morgan on August 23, 2024. The analyst firm set a price target for $65.00 expecting NTNX to rise to within 12 months (a possible 21.84% upside). 48 analyst firms have reported ratings in the last year.

The latest analyst rating for Nutanix (NASDAQ:NTNX) was provided by JP Morgan, and Nutanix maintained their overweight rating.

The last upgrade for Nutanix Inc happened on January 17, 2024 when William Blair raised their price target to N/A. William Blair previously had a market perform for Nutanix Inc.

The last downgrade for Nutanix Inc happened on May 18, 2023 when OTR Global changed their price target from N/A to N/A for Nutanix Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nutanix, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nutanix was filed on August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.

While ratings are subjective and will change, the latest Nutanix (NTNX) rating was a maintained with a price target of $80.00 to $65.00. The current price Nutanix (NTNX) is trading at is $53.35, which is out of the analyst’s predicted range.