Nutanix (NASDAQ:NTNX) Receives “Outperform” Rating from Royal Bank Of Canada

Royal Bank Of Canada restated their outperform rating on shares of Nutanix (NASDAQ:NTNX) in a report issued on Wednesday morning,Benzinga reports. They currently have a $55.00 target price on the technology company’s stock.

Other equities research analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Nutanix from a “buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Barclays decreased their price target on shares of Nutanix from $53.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Morgan Stanley reduced their target price on shares of Nutanix from $62.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 24th. Wells Fargo & Company reduced their target price on shares of Nutanix from $57.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Finally, William Blair restated a “market perform” rating on shares of Nutanix in a research note on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.27.

Nutanix Price Performance

NTNX opened at $39.41 on Wednesday. Nutanix has a fifty-two week low of $35.39 and a fifty-two week high of $83.36. The firm’s fifty day moving average price is $39.79 and its two-hundred day moving average price is $52.38. The company has a market capitalization of $10.45 billion, a P/E ratio of 42.84, a P/E/G ratio of 4.40 and a beta of 0.52.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.12. Nutanix had a net margin of 9.95% and a negative return on equity of 37.41%. The firm had revenue of $722.83 million for the quarter, compared to the consensus estimate of $709.83 million. During the same quarter in the previous year, the company earned $0.47 earnings per share. The business’s revenue was up 10.4% compared to the same quarter last year. On average, equities research analysts expect that Nutanix will post 0.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. New Millennium Group LLC bought a new position in shares of Nutanix in the fourth quarter valued at about $28,000. SJS Investment Consulting Inc. raised its holdings in shares of Nutanix by 3,122.7% in the third quarter. SJS Investment Consulting Inc. now owns 709 shares of the technology company’s stock valued at $53,000 after buying an additional 687 shares during the last quarter. V Square Quantitative Management LLC bought a new position in shares of Nutanix in the fourth quarter valued at about $39,000. Covestor Ltd raised its holdings in shares of Nutanix by 73.1% in the fourth quarter. Covestor Ltd now owns 767 shares of the technology company’s stock valued at $40,000 after buying an additional 324 shares during the last quarter. Finally, Harbour Investments Inc. raised its holdings in shares of Nutanix by 159.4% in the fourth quarter. Harbour Investments Inc. now owns 817 shares of the technology company’s stock valued at $42,000 after buying an additional 502 shares during the last quarter. 85.25% of the stock is owned by institutional investors.

Key Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Board approved a $750 million increase to the share repurchase authorization (total ≈ $779M), a clear capital‑allocation vote of confidence that can support EPS and the stock floor. Article Title
• Positive Sentiment: Multiple product and ecosystem moves position Nutanix for AI and hybrid‑cloud demand — Agentic AI, NCP enhancements, NKP Metal (bare‑metal Kubernetes), unified storage and Data Lens upgrades — improving TAM exposure to AI workloads and sovereign/cloud use cases. (These initiatives can drive share gains if adoption accelerates.) Article Title
• Positive Sentiment: Strategic partnerships and integrations (NetApp, MongoDB, large OEMs and hyperscalers) expand deployment options and reduce vendor lock‑in risk for customers — a potential catalyst for enterprise adoption. Article Title
• Positive Sentiment: Several analysts reiterated bullish views — RBC reaffirmed an Outperform and $55 price target and Rosenblatt published multi‑year EPS ramps with a Strong‑Buy — giving upside to consensus if execution matches guidance. Article Title
• Neutral Sentiment: Product/features are often in early access with general availability slated later in 2026 — this increases optionality but also introduces timing risk for revenue recognition and customer rollouts. Article Title
• Neutral Sentiment: Investor/analyst coverage is active (Investor Day transcript, Zacks momentum write‑ups) — useful for sentiment but not immediate fundamentals. Article Title
• Negative Sentiment: Morgan Stanley and others flag near‑term supply‑chain and macro headwinds; the analyst at Morgan Stanley kept a Hold and noted execution/supply risks that could delay revenue from the new offerings. Article Title
• Negative Sentiment: Shares have pulled back recently amid broader market moves and profit‑taking after the flurry of news; near‑term price action reflects skepticism about rollout timing and near‑term revenue impact. Article Title

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.