Nuix Ltd.

MA Financial Maintains Buy Rating on Nuix Ltd.

Nuix Ltd Terminates Performance Rights Affecting Capital Structure

MA Financial Group analyst Sinclair Currie maintained a Buy rating for Nuix Ltd. with a price target of A$3.37. Currie is a 3-star analyst with a 3.9% average return. Shaw and Partners also issued a Buy rating, while RBC Capital maintained a Hold rating for Nuix Ltd.

Tip Ranks

MA Financial Group Sticks to Their Buy Rating for Nuix Ltd. (NXL)

Nuix Ltd. to Acquire Graph Intelligence Firm Linkurious

Nuix Ltd. to Acquire Graph Intelligence Firm Linkurious

Nuix Ltd. has issued 50,000 performance rights under an employee incentive scheme to align workforce interests with corporate goals. The securities are unquoted and have transfer restrictions until the restriction period ends. The latest analyst rating for Nuix Ltd. (AU:NXL) is a Hold with a price target of A$3.50. The company specializes in software solutions for managing unstructured data, primarily serving legal, regulatory, and corporate sectors, with a current market cap of A$1.04B.

Nuix Ltd. Issues 50,000 Performance Rights in Employee Incentive Scheme

MA Financial Group maintains a Buy rating on Nuix Ltd. (NXL), with a Moderate Buy analyst consensus and an average price target of A$2.76, indicating a potential downside of -14.02%. Analyst Currie, who covers the Technology sector, has an average return of 17.8% and an 81.82% success rate. Jefferies also supports a Buy rating with a price target of A$3.20, as of September 26.

MA Financial Group Remains a Buy on Nuix Ltd. (NXL)

According to TipRanks, Sim is a 4-star analyst with an average return of 22.7% and a 54.55% success rate. Sim covers the Technology sector, focusing on stocks such as Vista Group International Ltd, Audinate Group, and Nuix Ltd.. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nuix Ltd. with a A$2.60 average price target.

Jefferies Sticks to Their Buy Rating for Nuix Ltd. (NXL)

Nuix Ltd. has secured a multi-year contract with the German tax authority, Landesamt für Steuern Rheinland-Pfalz, to provide its forensic analysis software, Nuix Neo. This software automates workflows and processes data from over 1000 file types, leveraging AI and advanced automation to aid investigators. The partnership aims to enhance regulatory capabilities and improve tax compliance. The decision followed a Europe-wide tender process, with Nuix identified as the best solution.

- Nuix Ltd. has secured a multi-year contract to provide forensic analysis software to the Landesamt für Steuern Rheinland-Pfalz, a German tax authority.  
- The software, Nuix Neo, automates workflows and processes data from over 1000 file types, enhancing investigative capabilities and tax compliance.  
- The decision followed a Europe-wide tender process, with Nuix identified as the best solution for the authority's needs.  

Reuters

Nuix Ltd. Secures Multi-Year Contract with German Tax Authority for Forensic Analysis Software

Nuix Ltd. has secured a multiyear contract with the German tax authority of Rhineland-Palatinate to provide its forensic analysis software, Nuix Neo. This software automates workflows by processing data from over 1,000 file types and employs AI and deep link-analysis to aid investigations. The contract was awarded after a Europe-wide tender, with Nuix being recognized for offering the best solution to enhance audit and investigation processes. CEO Jonathan Rubinsztein emphasized the company's global trust among regulators.

Nuix Ltd. Secures Multiyear Contract with German Tax Authority for Forensic Software

Nuix Ltd. has announced the retirement of Hon. Jeffrey Bleich from its Board of Directors as he takes on a full-time role as General Counsel at Anthropic AI. Bleich, who has been with Nuix since before its IPO, will not seek re-election at the upcoming Annual General Meeting. The company will begin searching for a new Non-Executive Director, acknowledging Bleich's valuable contributions. The current analyst rating for Nuix (AU:NXL) is a Hold with a price target of A$2.60.

Nuix Announces Retirement of Non-Executive Director Jeffrey Bleich

Nuix Ltd. has announced the cessation of 154,490 performance rights under the ASX code NXLAC due to unmet conditions, which may affect its capital structure and performance metrics. The current analyst rating for Nuix Ltd. (AU:NXL) is a Hold with a price target of A$2.60. The company specializes in software solutions for data analytics and cybersecurity, with a market cap of A$707.8M and an average trading volume of 1,372,324.

Nuix Ltd. Reports Cessation of Performance Rights

Nuix Ltd. (ASX: NXL) has been awarded a patent for a novel deep learning technology aimed at improving AI model training. This breakthrough enhances document classification in natural language processing (NLP), increasing accuracy and reducing false positives. The technology addresses challenges in distinguishing similar documents, streamlining workflows, and minimizing training data needs. Nuix's innovation is applicable across various sectors, including legal, compliance, and cybersecurity, reinforcing its position as a key player in the AI revolution.

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C3.AI

22:35 ET
			
			
				Nuix Awarded Patent for Breakthrough Deep Learning Technology for Training AI

Nuix Ltd. has announced the issuance of 102,071 performance rights as part of an employee incentive scheme. These unquoted securities come with transfer restrictions, reflecting the company's strategy to reward employees and align their interests with long-term performance. Nuix operates in the technology sector, specializing in software solutions for data processing and cybersecurity, with a current market cap of A$1.77B and a year-to-date price performance of -15.51%.

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Nuix Ltd. Issues 102,071 Performance Rights in Employee Incentive Move

Nuix Ltd. (AU:NXL) has updated its equity grant figures, correcting a previous error in performance rights calculation for Australian participants. The adjustment to 13,836,150 performance rights was necessary due to a misapplication of forex rates. This correction underscores the importance of accurate currency conversions in financial reporting, reflecting the company's commitment to transparency for investors and stakeholders.