Bank of America Issues Pessimistic Forecast for Nutanix (NASDAQ:NTNX) Stock Price

Nutanix (NASDAQ:NTNX) had its price objective cut by research analysts at Bank of America from $75.00 to $60.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. Bank of America‘s price target indicates a potential upside of 56.09% from the company’s current price.

Several other research analysts have also issued reports on NTNX. Northland Securities decreased their price target on shares of Nutanix from $76.00 to $53.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 26th. 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 report on Monday, February 9th. Zacks Research downgraded Nutanix from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Piper Sandler reissued an “overweight” rating and issued a $72.00 price target (down from $88.00) on shares of Nutanix in a research note on Wednesday, November 26th. Finally, Wall Street Zen lowered shares of Nutanix from a “buy” rating to a “hold” rating in a research note on Sunday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $64.60.

Nutanix Stock Up 1.5%

Shares of Nutanix stock opened at $38.44 on Thursday. The business has a fifty day simple moving average of $45.60 and a 200-day simple moving average 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 $10.39 billion, a price-to-earnings ratio of 51.25, a price-to-earnings-growth ratio of 4.12 and a beta of 0.48.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Tuesday, November 25th. The technology company reported $0.41 EPS for the quarter, hitting the consensus estimate of $0.41. Nutanix had a net margin of 8.43% and a negative return on equity of 32.95%. The firm had revenue of $670.58 million for the quarter, compared to analysts’ expectations of $677.23 million. During the same period in the previous year, the business earned $0.42 earnings per share. Nutanix’s revenue for the quarter was up 13.5% compared to the same quarter last year. Analysts anticipate that Nutanix will post 0.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Nutanix

A number of large investors have recently made changes to their positions in the business. AQR Capital Management LLC boosted its holdings in shares of Nutanix by 72.8% during the fourth quarter. AQR Capital Management LLC now owns 11,452,714 shares of the technology company’s stock worth $591,991,000 after purchasing an additional 4,826,443 shares during the period. Norges Bank purchased a new position in shares of Nutanix during the 4th quarter valued at $187,169,000. FIL Ltd increased its stake in shares of Nutanix by 180.1% in the fourth quarter. FIL Ltd now owns 4,333,937 shares of the technology company’s stock worth $224,021,000 after acquiring an additional 2,786,929 shares during the last quarter. Alyeska Investment Group L.P. raised its holdings in shares of Nutanix by 926.8% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,687,387 shares of the technology company’s stock worth $138,911,000 after acquiring an additional 2,425,665 shares in the last quarter. Finally, Marshall Wace LLP grew its stake in Nutanix by 75.9% in the second quarter. Marshall Wace LLP now owns 3,279,107 shares of the technology company’s stock valued at $250,655,000 after purchasing an additional 1,415,117 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Key Headlines Impacting Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix announced a strategic AI infrastructure partnership and sold 4,136,789 Class A shares to AMD in a roughly $150M deal — investors view this as a “halo” that accelerates go-to-market for AI workloads and strengthens channel/technology ties. Nutanix, AMD Forge Strategic AI Infrastructure Partnership Deal
• Positive Sentiment: Q2 results topped expectations: revenue rose to about $722.8M and EPS beat consensus (reported EPS ~ $0.56 vs. estimates ~ $0.44), showing demand strength and helping re-rate sentiment around growth durability. Nutanix (NTNX) Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Wall Street support persists: William Blair reiterated a Buy and highlighted VMware-replacement tailwinds and AI upside as a long-term bull case, which helps sustain investor conviction. Nutanix: Strengthening Fundamentals…
• Neutral Sentiment: Company filed its official Q2 press release and provided materials/slides for the quarter — useful for digging into contract metrics, product mix, and the AMD partnership details. Nutanix Reports Second Quarter Fiscal 2026 Financial Results
• Neutral Sentiment: Full earnings call transcript is available for detailed commentary from management on product adoption, cloud migration timing, and the AMD relationship. Nutanix, Inc. (NTNX) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Management’s Q3 revenue guide of about $680M–$690M came in below consensus (~$701M), which caps near-term upside as investors reconcile the beat with softer forward revenue pacing. Nutanix Reports Second Quarter Fiscal 2026 Financial Results
• Negative Sentiment: Analysts warn growth is moderating due to revenue timing and higher server costs, a margin/headwind risk that could pressure forward guidance and investor expectations if sustained. Nutanix’s Growth Continues to Moderate…

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.