Nutanix (NASDAQ:NTNX – Get Free Report) posted its quarterly earnings data on Wednesday. The technology company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12, FiscalAI reports. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The company had revenue of $703.07 million during the quarter, compared to analysts’ expectations of $686.34 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. Nutanix’s revenue for the quarter was up 10.0% compared to the same quarter last year.
Here are the key takeaways from Nutanix’s conference call:
- Nutanix reported a strong Q3 with revenue of $703 million, ARR up 15% year over year to $2.43 billion, and free cash flow of $197 million, all above guidance.
- Management said bookings were strong, with Q3 TCV bookings growth cited as over 20%, and raised full-year bookings expectations versus last quarter.
- The company highlighted continued traction in external storage, public cloud (NC2), and AI/Kubernetes offerings, including notable wins with Pure Storage, Dell PowerFlex, and cloud deployments on AWS and OVHcloud.
- Nutanix raised full-year fiscal 2026 guidance to $2.82 billion-$2.84 billion of revenue, about 22.5% non-GAAP operating margin, and $760 million-$780 million of free cash flow, while Q4 guidance implies revenue of $725 million-$745 million.
- Executives said supply chain constraints and higher server prices are still delaying revenue conversion and may continue into fiscal 2027, creating pressure on customer budgets and timelines.
Nutanix Price Performance
Shares of NTNX stock opened at $46.57 on Thursday. The company has a market capitalization of $12.35 billion, a price-to-earnings ratio of 50.62, a PEG ratio of 5.20 and a beta of 0.54. Nutanix has a one year low of $34.01 and a one year high of $82.42. The company’s fifty day moving average price is $41.65 and its 200-day moving average price is $45.59.
Nutanix News Roundup
- Positive Sentiment: Nutanix topped fiscal Q3 expectations with EPS of $0.47 versus $0.35 expected and revenue of $703.1 million versus $686.3 million expected, reinforcing investor confidence in execution. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
- Positive Sentiment: The company said annual recurring revenue grew 15% year over year and free cash flow remained strong, suggesting the business is continuing to scale profitably. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
- Neutral Sentiment: Despite the strong quarter, Wall Street analysts remain cautious overall, with William Blair and Morgan Stanley both keeping Nutanix at Hold, reflecting balanced risk-reward and ongoing visibility concerns. Balanced Risk-Reward Keeps Nutanix at Hold Despite Strong Q3 Execution and Growth
- Neutral Sentiment: Management’s Q4 revenue guidance of $725 million to $745 million was broadly in line with expectations, which supports the current move but does not point to a major upside surprise from guidance alone.
Institutional Trading of Nutanix
Institutional investors have recently made changes to their positions in the business. GW&K Investment Management LLC grew its position in shares of Nutanix by 78.7% during the fourth quarter. GW&K Investment Management LLC now owns 981 shares of the technology company’s stock worth $51,000 after purchasing an additional 432 shares in the last quarter. Itau Unibanco Holding S.A. lifted its holdings in Nutanix by 52.5% in the 4th quarter. Itau Unibanco Holding S.A. now owns 1,142 shares of the technology company’s stock worth $59,000 after purchasing an additional 393 shares in the last quarter. Summit Securities Group LLC lifted its holdings in Nutanix by 26.4% in the 4th quarter. Summit Securities Group LLC now owns 1,356 shares of the technology company’s stock worth $70,000 after purchasing an additional 283 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its holdings in Nutanix by 135.3% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,059 shares of the technology company’s stock worth $79,000 after purchasing an additional 609 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in Nutanix by 26.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,556 shares of the technology company’s stock worth $80,000 after purchasing an additional 330 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently commented on NTNX. Needham & Company LLC upped their price target on shares of Nutanix from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nutanix in a research report on Friday, March 27th. Rosenblatt Securities reaffirmed a “buy” rating and set a $60.00 price target on shares of Nutanix in a research report on Friday, May 22nd. William Blair reissued a “market perform” rating on shares of Nutanix in a research report on Monday, March 23rd. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $44.00 price objective on shares of Nutanix in a research report on Friday, April 10th. Eleven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.13.
Get Our Latest Analysis on NTNX
About Nutanix
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.
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