Nutanix's 15min chart triggers KDJ Golden Cross, Bullish Marubozu indicator.

Nutanix's 15-minute chart has recently triggered a KDJ Golden Cross and Bullish Marubozu at 07/17/2025 15:15. This indicates that the momentum of the stock price is shifting towards the upside and has the potential to further increase. The buyers are currently in control of the market, and bullish momentum is likely to continue.

Nutanix (NTNX) stock has shown strong momentum with the recent appearance of a KDJ Golden Cross and a Bullish Marubozu on its 15-minute chart as of July 17, 2025, at 15:15 [1]. This technical signal indicates a shift in the stock's momentum towards the upside, suggesting further potential price increases. The buyers are currently in control of the market, and bullish momentum is expected to continue.

Goldman Sachs initiated coverage of Nutanix with a buy rating and a $95 price target on Tuesday, July 17, 2025 [2]. The analyst, Matthew Martino, described Nutanix as a key modernization play for enterprises navigating legacy infrastructure transitions. The stock has climbed 20% in 2025, and Goldman Sachs expects the company to capture significant market share from VMware customers following Broadcom's acquisition.

Nutanix's earnings for the quarter ended April 31, 2025, were $0.42 per share, up 50% from the previous year, and revenue rose 22% to $639 million, surpassing analyst expectations. The company expects revenue of $640 million for the current quarter, which is at the midpoint of its guidance.

Nutanix's software manages network, storage, and server infrastructure in cloud-computing platforms and competes with companies like Broadcom's VMware unit and Scale Computing. The company has transitioned to a software subscription business model from selling hardware appliances.

Nutanix's stock technical ratings and market sentiment are positive, with a Composite Rating of 78 out of 99 according to IBD Stock Checkup. The company's expanding partner ecosystem with major companies like Dell, Cisco, and Pure Storage further strengthens its competitive positioning.

These developments reflect Nutanix's ongoing efforts to capitalize on market opportunities and enhance its financial performance. Investors should monitor Nutanix's progress closely, as the company is well-positioned to benefit from the growing demand for cloud modernization and hybrid multi-cloud environments.

References:
[1] https://www.investors.com/news/technology/goldman-sachs-initiates-nutanix-stock-buy-rating/
[2] https://www.investing.com/news/analyst-ratings/goldman-sachs-initiates-nutanix-stock-with-buy-rating-on-cloud-modernization-potential-93CH-4134877