Nutanix (NASDAQ:NTNX) Receives $87.67 Consensus PT from Analysts

Shares of Nutanix (NASDAQ:NTNX) have received a consensus rating of “Moderate Buy” from the nineteen research firms that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $87.6667.

Several research firms have recently issued reports on NTNX. Zacks Research raised Nutanix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Wells Fargo & Company lowered their price target on Nutanix from $85.00 to $71.00 and set an “equal weight” rating for the company in a research report on Thursday, August 28th. Bank of America dropped their price objective on shares of Nutanix from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Thursday, August 28th. Citigroup upgraded shares of Nutanix to a “positive” rating in a research report on Tuesday, August 5th. Finally, Needham & Company LLC lowered their target price on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, August 28th.

Nutanix Stock Down 1.3%

Shares of NASDAQ:NTNX opened at $68.80 on Tuesday. The firm has a fifty day simple moving average of $72.19 and a two-hundred day simple moving average of $73.15. Nutanix has a 52 week low of $54.66 and a 52 week high of $83.36. The stock has a market capitalization of $18.49 billion, a P/E ratio of 107.50, a PEG ratio of 6.55 and a beta of 0.54.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. The firm had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The firm’s revenue for the quarter was up 19.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, analysts expect that Nutanix will post 0.31 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Rajiv Ramaswami sold 144,707 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.42, for a total value of $11,058,508.94. Following the sale, the chief executive officer directly owned 524,608 shares in the company, valued at approximately $40,090,543.36. This represents a 21.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total value of $267,680.00. Following the transaction, the director owned 22,400 shares of the company’s stock, valued at approximately $1,713,152. The trade was a 13.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 159,598 shares of company stock valued at $12,218,560 in the last ninety days. 2.40% of the stock is owned by company insiders.

Institutional Trading of Nutanix

Several institutional investors and hedge funds have recently made changes to their positions in the business. Swedbank AB purchased a new stake in Nutanix during the 1st quarter worth approximately $1,642,000. Silverberg Bernstein Capital Management LLC boosted its stake in shares of Nutanix by 61.6% in the second quarter. Silverberg Bernstein Capital Management LLC now owns 37,893 shares of the technology company’s stock worth $2,897,000 after acquiring an additional 14,438 shares during the last quarter. OMNI 360 Wealth Inc. purchased a new stake in shares of Nutanix during the second quarter worth approximately $265,000. Inspire Investing LLC increased its position in shares of Nutanix by 43.1% during the first quarter. Inspire Investing LLC now owns 41,472 shares of the technology company’s stock worth $2,895,000 after purchasing an additional 12,489 shares in the last quarter. Finally, Amalgamated Bank raised its stake in Nutanix by 4.9% in the 1st quarter. Amalgamated Bank now owns 14,420 shares of the technology company’s stock valued at $1,007,000 after purchasing an additional 674 shares during the last quarter. 85.25% of the stock is currently owned by institutional investors.

Nutanix Company Profile

Nutanix, Inc engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. It operates through the following geographic segments: United States, Europe, the Middle East, Africa, Asia Pacific, and Other Americas. The firm also provides software solutions and cloud services to customers’ enterprise infrastructure.