Why These 15 Data Center Stocks Are Skyrocketing So Far In 2025

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12. Nutanix Inc (NASDAQ:NTNX)

Number of Hedge Fund Holders In Q4 2024: 51

Nutanix Inc (NASDAQ:NTNX) is a cloud platform that lets organizations modernize their IT operations with web-scale engineering and consumer-grade design.

The stock is up significantly so far in 2025 as it announced a partnership with a major cloud service provider on top of an earlier November 2024 financial report that came in strong.

Its Q1 FY2025 results came in with sales growing 16% to $591 million and annual recurring revenue growing 18% year-over-year to $1.97 billion. FCF came in at $151.9 million, with a non-GAAP operating margin of 20%.

Nutanix also expanded its partnership with AWS and received recognition as a Leader in Gartner’s Magic Quadrant for both Distributed Hybrid Infrastructure and File and Object Storage Platforms. Plus, it is benefiting from potential market share gains following VMware’s acquisition by Broadcom.

Full-year FY2025 revenue is projected between $2.435 billion and $2.465 billion. Non-GAAP Operating Margin expected between 16% to 17%.

The consensus price target of $79.5 implies 10.99% upside.

NTNX stock is up 16.19% year-to-date.

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