Nutanix (NASDAQ:NTNX) Price Target Raised to $60.00 at UBS Group

Nutanix (NASDAQ:NTNX) had its price objective lifted by equities researchers at UBS Group from $57.00 to $60.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. UBS Group’s price target suggests a potential upside of 51.94% from the stock’s current price.

A number of other research firms also recently issued reports on NTNX. Weiss Ratings reiterated a “hold (c)” rating on shares of Nutanix in a research report on Monday, December 29th. The Goldman Sachs Group decreased their price target on shares of Nutanix from $75.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, February 9th. JPMorgan Chase & Co. dropped their price objective on shares of Nutanix from $78.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Barclays reduced their target price on Nutanix from $53.00 to $47.00 and set an “equal weight” rating for the company in a research note on Thursday. Finally, Bank of America decreased their target price on Nutanix from $75.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday. Eleven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $63.80.

Nutanix Price Performance

Shares of Nutanix stock traded up $1.05 during midday trading on Thursday, reaching $39.49. The company had a trading volume of 11,800,754 shares, compared to its average volume of 4,633,531. The stock has a fifty day moving average price of $45.60 and a 200 day moving average price of $59.07. Nutanix has a fifty-two week low of $35.39 and a fifty-two week high of $83.36. The firm has a market cap of $10.68 billion, a PE ratio of 52.78, a P/E/G ratio of 4.12 and a beta of 0.48.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.12. The company had revenue of $722.83 million during the quarter, compared to analysts’ expectations of $709.83 million. Nutanix had a net margin of 8.43% and a negative return on equity of 32.95%. Nutanix’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.47 earnings per share. As a group, sell-side analysts forecast that Nutanix will post 0.31 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. New Millennium Group LLC purchased a new position in Nutanix in the 4th quarter valued at approximately $28,000. SJS Investment Consulting Inc. boosted its holdings in shares of Nutanix by 3,122.7% in the third quarter. SJS Investment Consulting Inc. now owns 709 shares of the technology company’s stock worth $53,000 after acquiring an additional 687 shares during the period. Itau Unibanco Holding S.A. grew its position in shares of Nutanix by 33.0% in the second quarter. Itau Unibanco Holding S.A. now owns 749 shares of the technology company’s stock valued at $57,000 after purchasing an additional 186 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Nutanix during the 4th quarter valued at $39,000. Finally, Covestor Ltd raised its stake in shares of Nutanix by 73.1% during the 4th quarter. Covestor Ltd now owns 767 shares of the technology company’s stock valued at $40,000 after purchasing an additional 324 shares during the period. Hedge funds and other institutional investors own 85.25% of the company’s stock.

More Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Strategic AMD partnership and equity investment — AMD agreed to a multi‑year AI infrastructure partnership and will buy $150M of Nutanix stock (share price disclosed in filings). The deal includes engineering and go‑to‑market support that bolsters Nutanix’s enterprise AI roadmap and was a clear catalyst for the rally. Read More.
• Positive Sentiment: Quarterly beat — Q2 revenue of $722.8M (+10.4% y/y) and adjusted EPS $0.56 topped consensus; the results reinforced growth/earnings momentum despite near‑term headwinds. Read More.
• Positive Sentiment: Unusual bullish options activity — heavy call buying (7,474 calls, ~179% above typical volume) signals short‑term bullish positioning from traders.
• Neutral Sentiment: Analyst support remains mixed but skewed positive — several firms maintain buy/overweight ratings (William Blair, Goldman, RBC, Needham) even as targets adjust; that preserves institutional interest. Read More.
• Negative Sentiment: Guidance and supply constraints — Nutanix trimmed near‑term revenue cadence (Q3 revenue guide below prior consensus) and cited supply constraints limiting ability to fulfill strong AI bookings, which introduces execution risk. Read More.
• Negative Sentiment: Analysts trimmed price targets — several firms cut targets after results (Piper Sandler to $63, Barclays to $47, BofA to $60), signaling more cautious near‑term valuation expectations despite many firms keeping buy/overweight stances. Read More.
• Negative Sentiment: Insider selling — recent open‑market insider sales have been reported, which some investors view as a cautionary signal on near‑term insider sentiment. Read More.

Nutanix Company Profile

Nutanix, Inc is an enterprise cloud computing company that develops software to simplify the deployment and management of datacenter infrastructure. Founded in 2009 and headquartered in San Jose, California, Nutanix is best known for pioneering hyperconverged infrastructure (HCI), an approach that integrates compute, storage and virtualization into a single software-defined platform aimed at reducing complexity and operational overhead in private and hybrid cloud environments.

The company’s product portfolio centers on the Nutanix Cloud Platform, which includes its core AOS software for HCI, Prism for infrastructure management and automation, and a suite of additional services such as Calm for application automation, Files and Volumes for file and block services, Karbon for Kubernetes orchestration, and Era for database management.