Added to YB: 2024-10-02
Pitch date: 2024-07-31
NTNX [bullish]
Nutanix, Inc.
+40.72%
current return
Author Info
No bio for this author
Company Info
Nutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa.
Market Cap
$19.1B
Pitch Price
$50.57
Price Target
N/A
Dividend
N/A
EV/EBITDA
64.25
P/E
109.38
EV/Sales
7.35
Sector
Software
Category
growth
Generation Investment Management Global Equity Portfolio Holding: Nutanix, Inc.
NTNX: HCI leader w/ 50% market share. New CEO since 2020 driving operational improvements: rev +80%, gross profit +100%, opex +20%. Now FCF positive. VMware acquisition by Broadcom creates opportunity. Proprietary survey shows customer discontent, benefiting Nutanix. Long-term thesis: on-premises tech staying, best solution, improved business model.
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