Nuix (ASX:NXL) Price Target Increased by 42.03% to 2.50

The average one-year price target for Nuix (ASX:NXL) has been revised to 2.50 / share. This is an increase of 42.03% from the prior estimate of 1.76 dated January 16, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 2.42 to a high of 2.62 / share. The average price target represents an increase of 35.08% from the latest reported closing price of 1.85 / share.

What is the Fund Sentiment?

There are 23 funds or institutions reporting positions in Nuix. This is an increase of 2 owner(s) or 9.52% in the last quarter. Average portfolio weight of all funds dedicated to NXL is 0.00%, an increase of 35.09%. Total shares owned by institutions increased in the last three months by 9.38% to 6,629K shares.

What are Other Shareholders Doing?

VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 2,636K shares representing 0.82% ownership of the company. In it's prior filing, the firm reported owning 2,469K shares, representing an increase of 6.31%. The firm decreased its portfolio allocation in NXL by 1.98% over the last quarter.

VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 1,599K shares representing 0.50% ownership of the company. In it's prior filing, the firm reported owning 1,430K shares, representing an increase of 10.58%. The firm increased its portfolio allocation in NXL by 86.95% over the last quarter.

VFSNX - Vanguard FTSE All-World ex-US Small-Cap Index Fund Institutional Shares holds 683K shares representing 0.21% ownership of the company. No change in the last quarter.

SCHC - Schwab International Small-Cap Equity ETF holds 355K shares representing 0.11% ownership of the company. In it's prior filing, the firm reported owning 360K shares, representing a decrease of 1.40%. The firm increased its portfolio allocation in NXL by 73.81% over the last quarter.

VPACX - Vanguard Pacific Stock Index Fund Investor Shares holds 290K shares representing 0.09% ownership of the company. No change in the last quarter.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.