The Fundamentals Of Nutanix Stock (NTNX)

1. Stock Name: Nutanix, Inc. (NTNX)

2. Share Price: $27.19*

3. Market Cap: $5.555 Billion

4. Beta: 1.96

5. 52 Week Low: $13.76

6. 52 Week High: $35.58

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Historical Performance Of Nutanix Stock (NTNX)

The Fundamentals Of Nutanix Stock (NTNX)

1. Stock Name: Nutanix, Inc. (NTNX)

2. Share Price: $27.19*

3. Market Cap: $5.555 Billion

4. Beta: 1.96

5. 52 Week Low: $13.76

6. 52 Week High: $35.58

Buy US stocks from India starting at $1

Historical Performance Of Nutanix Stock (NTNX)

Benefits Of Nutanix Stock (NTNX)

1. Strong Q4 revenue of $327.9 million compared to $299.9 million in Q4 2019.     

2. Overall increase of 6% in FY2020 revenue to $1.31 billion from $1.24 billion in FY2019.

3. 5% year-on-year growth in subscriptions and billings to $388.5 million from $371.7 million.

4. Nutanix was announced as the Gartner Magic Quadrant** leader for Hyperconverged Infrastructure (HCI) for a fourth consecutive year.

5. Smart acquisitions (PernixData, Minjar, MainFrame2 Inc) & partnerships (IBM).

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Cons Of Nutanix Stock (NTNX)

1. The cloud computing and virtualization space is full of big players like Amazon Web Services, Azure, VMware, Cisco, Dell, and more.  

2. NTNX stock history is riddled with ups and downs, currently trading at $27.19 that is below its launch price of $37.

3. Slow growth in terms of revenue.  

Read this blog to find out about the tax on US stock investments 

How To Invest In Nutanix Stock (NTNX) From India Using Cube Wealth?

The Cube Wealth app makes it super simple for Indian investors to buy the Nutanix stock (NTNX). Cube does this by allowing you to invest as low as $1 in US stocks. 

Furthermore, Cube’s US brokerage partner, DriveWealth, ensures a smooth and simple brokerage process. You can buy US stocks from India using Cube Wealth in two ways:

1. Yourself

• Download Cube Wealth
• Complete the KYC process
• Go through LRS formalities 
• Select Nutanix stock (NTNX)
• Invest as little as $1
  

2. With advice

• Download Cube Wealth
• Complete the KYC process
• Go through LRS formalities 
• Get buying advice 
• Invest as little as $1
• Get selling advice 
  

Cube gives you access to top-quality US stock advice from Registered Investment Advisor (RIA) Rick Holbrook. Rick has over 40 years of experience with US equities and manages ~$130 million for HNIs.

Download the Cube Wealth app today

Watch this video to know more about buying US stocks using Cube Wealth

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*All facts & figures as of 24-03-2021