Nutanix stock price rose to $64

Nutanix stock price rose to $64.67 amid speculation of strategic alliances with global cloud providers. Partnerships tend to accelerate market penetration in emerging digital economies. Nutanix (NASDAQ:NTNX) has evolved from its initial hyper-converged infrastructure (HCI) offering into a comprehensive hybrid multi-cloud platform that empowers businesses to run applications both on-premises and across public clouds such as AWS and Azure. The company has expanded its capabilities to include a fully integrated cloud-native platform for Kubernetes applications and enterprise AI solutions, positioning itself as a versatile platform for both current and future computing needs. It has also strengthened its strategic alliances, particularly with Cisco and Dell, while establishing key relationships with major cloud providers like AWS to support seamless workload migration. This is a fair market value price provided by Polygon.io. Learn more. Nutanix stock price climbed 2% to $64.90 after the company announced new AI-driven infrastructure solutions. Investors view this as a growth catalyst for subscription ARR, potentially lifting valuation multiples over the next two quarters.