Nutanix (NASDAQ:NTNX – Get Free Report) has been given an average rating of “Moderate Buy” by the nineteen research firms that are covering the stock, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $60.8667.
Several brokerages recently weighed in on NTNX. Morgan Stanley reduced their price target on shares of Nutanix from $62.00 to $56.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 24th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $44.00 price target on shares of Nutanix in a research report on Friday, April 10th. Needham & Company LLC reduced their price objective on Nutanix from $65.00 to $55.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Wells Fargo & Company lowered their price objective on Nutanix from $57.00 to $50.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $55.00 price objective on shares of Nutanix in a research note on Wednesday, April 8th.
View Our Latest Stock Report on NTNX
Institutional Inflows and Outflows
Nutanix Trading Up 0.0%
Shares of NTNX stock opened at $46.57 on Friday. Nutanix has a 12-month low of $34.01 and a 12-month high of $82.42. The stock’s 50-day moving average price is $41.65 and its 200-day moving average price is $45.59. The stock has a market capitalization of $12.35 billion, a price-to-earnings ratio of 50.62, a price-to-earnings-growth ratio of 5.20 and a beta of 0.54.
Nutanix (NASDAQ:NTNX – Get Free Report) last issued its earnings results on Wednesday, May 27th. The technology company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.12. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The firm had revenue of $703.07 million for the quarter, compared to analysts’ expectations of $686.34 million. During the same period in the previous year, the firm posted $0.22 earnings per share. The business’s revenue was up 10.0% compared to the same quarter last year. As a group, research analysts predict that Nutanix will post 0.56 EPS for the current fiscal year.
Key Nutanix News
Here are the key news stories impacting Nutanix this week:
- Positive Sentiment: Nutanix reported Q3 earnings of $0.47 per share, topping estimates of $0.35, and revenue of $703.1 million versus expectations for $686.3 million, showing solid execution and demand. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
- Positive Sentiment: The company highlighted 15% year-over-year ARR growth and solid free cash flow performance, which supports the view that its subscription business remains healthy. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
- Positive Sentiment: Management’s fourth-quarter revenue guidance of $725 million to $745 million came in around consensus, while full-year fiscal 2026 revenue guidance roughly matched expectations, easing fears of a slowdown. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
- Neutral Sentiment: Analysts remained mixed ahead of the report, with Morgan Stanley reiterating Hold and Bank of America reiterating Buy, suggesting the results are likely to drive the next move in the shares. Nutanix Kept at Hold as Improved Sentiment Offsets Ongoing Visibility Risks; $53 Price Target Reaffirmed
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.
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