Shares have been on the move with the stock up 13.5% over the past month. The stock hit a new 52-week high of $75.8 in the previous session. Nutanix has gained 52.7% since the start of the year compared to the 28.

On Wednesday, Nutanix Inc (NTNX) stock saw a decline, ending the day at $66.7 which represents a decrease of $-5.65 or -7.81% from the prior close of $72.35. The stock opened at $73.96 and touched a low of $66.15 during the day, reaching a high of $74.1. The volume of shares traded was 7.58 million exceeding the average volume of 2.27 million.

Q1 2025 Earnings Conference Call November 26, 2024 4:30 PM ETCompany ParticipantsRich Valera - VP, IRRajiv Ramaswami -

Investors might want to bet on Nutanix (NTNX), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

On Monday, Nutanix Inc (NTNX) stock saw a decline, ending the day at $72.8 which represents a decrease of $-0.38 or -0.52% from the prior close of $73.18. The stock opened at $74.3 and touched a low of $72.04 during the day, reaching a high of $75.8. The volume of shares traded was 19.44 million exceeding the average volume of 1.94 million.