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Any scenario assuming less than 23% compound annual growth in revenue would result in further capital destruction for CSCO.When Dell, EMC, and VMware market shares are combined, and hardware running NTNX software is excluded, they control 49% of the HCI market. This rapid price appreciation has pushed NTNX to a level where the expectations baked into the stock price are not rooted in reality.Nutanix bulls will point to the firm’s growing market share and rapid revenue growth as reason to invest in the company. History. Similarly, expectations for fiscal 2018 have jumped from -$1.35/share to -$0.74/share over the past 12 months.NTNX FCF & Excess Cash vs. CompetitionDavid is CEO of New Constructs (www.newconstructs.com).
In both scenarios, the estimated revenue growth rate is 45% in year one and 15% in year two, which is the consensus estimate of NTNX’s revenue growth for the next two years. Top 10 competitors averaging 26,185.Cisco is considered one of the main competitors of Nutanix.
Nutanix is headquartered in San Jose, California. Nutanix’s main competitors include VMware (VMW), Cisco (CSCO), Dell/EMC, Red Hat (RHT), NetApp (NTAP), Hewlett Packard Enterprise (HPE), as well as public cloud providers Amazon (AMZN) and Google (GOOGL).Short interest is currently 7.9 million shares, which equates to 5% of shares outstanding and 2.8 days to cover. Red Hat is a privately held company founded in 1993 in Raleigh, North Carolina. Even assuming this best-case scenario, CSCO would destroy over $4 billion by purchasing NTNX at its current valuation.
While I don’t attempt to predict exactly when the market will recognize the disconnect between expectations and reality, the ensuing share collapse could hurt investors’ portfolios.Over the past 12 months, 55.5 million insider shares have been purchased and 52.7 million have been sold for a net effect of 2.8 million insider shares purchased. Some of the metrics include attainment of research & development milestones, billings, earnings (which can include any calculation of earnings), growth in “stockholder value”, new product invention, revenue, and individual objectives such as peer reviews. Nutanix is a global leader in cloud software and hyperconverged infrastructure solutions, making infrastructure invisible so that IT can focus on the applications and services that power their business. He was a 5-yr member of FASB's Investors Advisory Committee. Why not be more transparent?Nutanix provides enterprise cloud software that combines traditional servers, virtualization, and networking hardware/software into one integrated solution, also known as hyperconverged infrastructure (HCI). For reference, NTNX’s TTM NOPAT margin is -55%, so this assumption implies immediate improvement and allows the creation of a truly best-case scenario.This detailed market share analysis reveals that, while Nutanix is the market leader, Dell, because of its ownership of VMware, holds the majority of power in the industry.See what HBS & MIT Sloan professors say in the paper: Choose business IT software and services with confidence. These sales represent 2% of shares outstanding.Figures 6 and 7 show what I think Cisco (CSCO) should pay for NTNX to ensure it does not destroy shareholder value. Despite beating top and bottom line expectations, NTNX provided below expected outlook in fiscal 2Q17 and the stock fell 26% in one day. See insights on Nutanix including office locations, competitors, revenue, financials, executives, subsidiaries and more at … Short interest has grown nearly 48% since February 2017, which would seem to imply we’re not the only ones who recognize the issues facing NTNX and its lofty valuation.After IPO in September 2016, NTNX has met or beat top and bottom line expectations for five consecutive quarters. VMware was founded in 1998, with headquarters in Palo Alto, California. Given the strength of its competition and market share threats, Nutanix is not in a position to cut costs and become profitable in the near future.
Consensus expectations for fiscal 2017 EPS ranged anywhere from -$1.38/share to -$1.49/share throughout calendar 2017. The company reached a $1 billion valuation by 2013, which made it known as a "unicorn startup". This market, along with the larger enterprise software market, is highly competitive. Choose business IT software and services with confidence. Red Hat operates in the Internet software industry.
View Nutanix competitors and alternatives reviewed by the IT community. The expectations baked into NTNX’s price imply that Nutanix will immediately achieve profitability and increase its market share to nearly 100%. Cisco was founded in San Jose, California in 1984.
Diraj Pandey is Chairman and CEO of Nutanix. By combining IT specialists into a single operations group, we can now see our end-to-end environment, work collaboratively, and make better decisions for the business."