Nutanix (NASDAQ:NTNX) Shares Gap Up After Better-Than-Expected Earnings

Nutanix (NASDAQ:NTNX)’s stock price gapped up before the market opened on Thursday following a stronger than expected earnings report. The stock had previously closed at $38.44, but opened at $42.16. Nutanix shares last traded at $39.8440, with a volume of 3,529,971 shares.

The technology company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.12. Nutanix had a net margin of 8.43% and a negative return on equity of 32.95%. The company had revenue of $722.83 million during the quarter, compared to the consensus estimate of $709.83 million. During the same period in the prior year, the business earned $0.47 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year.

More Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: AMD strategic partnership and $150M equity investment — AMD agreed to buy shares and commit engineering/GT​M support as part of a multi‑year AI infrastructure deal, creating a “halo” for Nutanix’s agentic-AI positioning and lifting sentiment. Quiver Quant: Nutanix jumps as AMD takes strategic stake
• Positive Sentiment: Quarterly beat — Nutanix reported Q2 revenue of $722.8M and adj. EPS $0.56 (vs. consensus ~$0.44), showing demand strength and giving investors confidence in ongoing enterprise AI traction. GlobeNewswire: Q2 results
• Positive Sentiment: Unusual call-option activity — Traders bought ~7,474 call contracts (≈+179% vs. average), a short‑term bullish flow that can amplify upside momentum into the close/next session.
• Positive Sentiment: Ongoing analyst support — Multiple firms continue to issue buy/outperform views and mid‑cycle price targets above the current price, backing a longer‑term AI/VMware‑replacement thesis. TipRanks: Long‑term buy thesis
• Neutral Sentiment: Bank of America cut its price target (from $75 to $60) but kept a Buy rating — reduces upside expectations while retaining conviction. Benzinga: BoA PT cut
• Neutral Sentiment: Notes that growth is moderating — some analysts call out higher server costs and revenue timing as headwinds that could temper near‑term margin/quarterly prints. Yahoo Finance: Growth moderating
• Negative Sentiment: Supply constraints and trimmed guidance — management narrowed FY26 revenue guidance (roughly $2.80–$2.84B) and set Q3 revenue at $680–$690M, below some street estimates, signalling near‑term execution/timing risk. Seeking Alpha: Supply constraints
• Negative Sentiment: Barclays lowered its price target to $47 and moved to Equal Weight — another sign sell‑side expectations were tempered after the quarter. TickerReport/Benzinga: Barclays PT cut
• Negative Sentiment: Insider selling — recent open‑market sales by several executives add a cautionary signal for some investors. Quiver Quant: Insider trades

Analyst Ratings Changes

A number of equities research analysts have commented on NTNX shares. Bank of America cut their target price on shares of Nutanix from $75.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday. The Goldman Sachs Group decreased their target price on Nutanix from $75.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Oppenheimer initiated coverage on Nutanix in a research report on Monday, November 17th. They set an “outperform” rating and a $90.00 target price on the stock. Wall Street Zen lowered Nutanix from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, Royal Bank Of Canada set a $55.00 price target on Nutanix in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Nutanix has a consensus rating of “Moderate Buy” and a consensus target price of $63.60.

Institutional Trading of Nutanix

A number of institutional investors have recently made changes to their positions in the company. Earned Wealth Advisors LLC lifted its position in Nutanix by 3.8% during the second quarter. Earned Wealth Advisors LLC now owns 3,915 shares of the technology company’s stock worth $299,000 after buying an additional 142 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Nutanix by 6.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,453 shares of the technology company’s stock worth $188,000 after acquiring an additional 148 shares during the period. Simmons Bank grew its holdings in shares of Nutanix by 2.1% in the second quarter. Simmons Bank now owns 7,295 shares of the technology company’s stock valued at $558,000 after purchasing an additional 150 shares during the period. Crestwood Advisors Group LLC increased its position in Nutanix by 0.4% during the third quarter. Crestwood Advisors Group LLC now owns 43,499 shares of the technology company’s stock worth $3,236,000 after purchasing an additional 161 shares during the last quarter. Finally, Manchester Capital Management LLC raised its stake in Nutanix by 14.1% during the second quarter. Manchester Capital Management LLC now owns 1,374 shares of the technology company’s stock worth $105,000 after purchasing an additional 170 shares during the period. 85.25% of the stock is owned by institutional investors and hedge funds.

Nutanix Trading Up 0.6%

The firm’s fifty day simple moving average is $45.60 and its two-hundred day simple moving average is $59.07. The company has a market capitalization of $10.45 billion, a price-to-earnings ratio of 51.65, a price-to-earnings-growth ratio of 4.12 and a beta of 0.48.

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.