Nutanix (NASDAQ:NTNX) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Nutanix (NASDAQ:NTNX) have received a consensus recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the company, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $72.7143.

A number of equities research analysts have weighed in on NTNX shares. Zacks Research upgraded Nutanix from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Bank of America reiterated a “buy” rating on shares of Nutanix in a research report on Thursday. Piper Sandler reissued an “overweight” rating and issued a $75.00 price objective (up from $60.00) on shares of Nutanix in a research note on Thursday. Needham & Company LLC upped their price objective on Nutanix from $60.00 to $85.00 and gave the company a “buy” rating in a report on Thursday. Finally, Barclays raised their target price on Nutanix from $53.00 to $75.00 and gave the company an “equal weight” rating in a research note on Friday.

Nutanix News Summary

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Results beat expectations: Nutanix reported fiscal Q4 revenue of $757.1 million and adjusted earnings of $0.60 per share, surpassing Wall Street estimates of $738.3 million and $0.49, respectively. Revenue increased 15.9% year over year. Nutanix Tops Estimates in Q4, Shares Jump
• Positive Sentiment: AI partnership strengthens the growth story: AMD’s equity investment in Nutanix, combined with joint product development and go-to-market efforts, could help Nutanix provide software infrastructure for AMD-powered AI and inference systems. Nutanix also works with Nvidia, giving it exposure to both leading AI-chip ecosystems. Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
• Positive Sentiment: Customer momentum and share gains: Nutanix added approximately 3,000 customers over the past year, many reportedly switching from VMware. External-storage offerings, cloud partnerships and its NC2 platform could broaden adoption and support future growth. Nutanix nabbed 3,000 new customers in 1 year, many from VMware
• Positive Sentiment: Analysts raised several targets: RBC lifted its target to $90 and reiterated an outperform rating; Oppenheimer raised its target to $85 with an outperform rating; and Needham increased its target to $85 while maintaining a buy rating. These revisions reflect optimism following the earnings beat and the company’s AI opportunity.
• Neutral Sentiment: Additional investor visibility: Nutanix will present at the Goldman Sachs Communacopia + Technology Conference on September 8, potentially giving management an opportunity to discuss fiscal 2027 growth, AI demand and partnerships. Nutanix to Present at Upcoming Investor Conference
• Negative Sentiment: Mixed ratings and execution risks: Barclays raised its target to $75 but kept an equal-weight rating, while Morgan Stanley’s $63 target remains below the recent trading level. Supply constraints, competition and the need to convert strong bookings into revenue could limit upside.

Institutional Investors Weigh In On Nutanix

A number of institutional investors and hedge funds have recently bought and sold shares of NTNX. CoreCap Advisors LLC boosted its position in shares of Nutanix by 28.6% in the second quarter. CoreCap Advisors LLC now owns 900 shares of the technology company’s stock worth $46,000 after buying an additional 200 shares during the period. Utah Retirement Systems raised its position in Nutanix by 0.6% during the fourth quarter. Utah Retirement Systems now owns 42,355 shares of the technology company’s stock valued at $2,189,000 after buying an additional 257 shares during the period. International Assets Investment Management LLC raised its position in Nutanix by 5.8% during the first quarter. International Assets Investment Management LLC now owns 4,700 shares of the technology company’s stock valued at $179,000 after buying an additional 259 shares during the period. CX Institutional lifted its stake in Nutanix by 134.6% in the 2nd quarter. CX Institutional now owns 488 shares of the technology company’s stock worth $25,000 after acquiring an additional 280 shares in the last quarter. Finally, Summit Securities Group LLC lifted its stake 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 acquiring an additional 283 shares in the last quarter. 85.25% of the stock is owned by institutional investors and hedge funds.

Nutanix Price Performance

NTNX stock opened at $69.16 on Monday. Nutanix has a 52 week low of $34.01 and a 52 week high of $82.42. The company has a market capitalization of $18.70 billion, a price-to-earnings ratio of 13.40, a price-to-earnings-growth ratio of 4.11 and a beta of 0.60. The firm’s 50-day moving average is $58.16 and its two-hundred day moving average is $48.26. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 1.92.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Wednesday, August 26th. The technology company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. The company had revenue of $757.08 million during the quarter, compared to analyst estimates of $738.27 million. Nutanix had a net margin of 52.81% and a negative return on equity of 90.13%. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.37 EPS. On average, analysts forecast that Nutanix will post 0.97 earnings per share for the current fiscal year.

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.