Nutanix (NASDAQ:NTNX) Price Target Raised to $75.00

Nutanix (NASDAQ:NTNX) had its price target upped by Rosenblatt Securities from $60.00 to $75.00 in a report released on Tuesday,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.

NTNX has been the subject of a number of other research reports. Needham & Company LLC boosted their price objective on Nutanix from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Northland Securities set a $47.00 target price on shares of Nutanix in a research report on Thursday, May 28th. Barclays lifted their target price on shares of Nutanix from $47.00 to $53.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Zacks Research upgraded shares of Nutanix from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Nutanix in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $71.14.

Nutanix Stock Performance

NTNX opened at $69.84 on Tuesday. The business’s 50-day simple moving average is $57.71 and its 200-day simple moving average is $48.07. Nutanix has a one year low of $34.01 and a one year high of $82.42. The stock has a market capitalization of $18.88 billion, a P/E ratio of 13.53, a price-to-earnings-growth ratio of 4.18 and a beta of 0.60.

Nutanix (NASDAQ:NTNX) last posted its earnings results on Wednesday, August 26th. The technology company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.11. The business had revenue of $757.08 million during the quarter, compared to the consensus estimate of $738.27 million. Nutanix had a negative return on equity of 46.26% and a net margin of 52.81%.The business’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.37 EPS. On average, equities research analysts forecast that Nutanix will post 0.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Corient Private Wealth LP raised its stake in shares of Nutanix by 744.5% during the second quarter. Corient Private Wealth LP now owns 44,623 shares of the technology company’s stock worth $2,274,000 after purchasing an additional 39,339 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Nutanix in the 2nd quarter valued at $4,296,000. California State Teachers Retirement System increased its stake in Nutanix by 4,834.4% in the 2nd quarter. California State Teachers Retirement System now owns 14,870,638 shares of the technology company’s stock valued at $757,808,000 after buying an additional 14,569,274 shares during the period. Paralel Advisors LLC increased its stake in Nutanix by 58.6% in the 2nd quarter. Paralel Advisors LLC now owns 60,770 shares of the technology company’s stock valued at $3,097,000 after buying an additional 22,453 shares during the period. Finally, Wedmont Private Capital acquired a new position in Nutanix in the 2nd quarter valued at $227,000. 85.25% of the stock is currently owned by hedge funds and other institutional investors.

Key Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Fiscal Q4 results exceeded expectations: Nutanix reported adjusted earnings of $0.60 per share versus the $0.49 consensus, while revenue rose 15.9% year over year to $757.1 million, ahead of the $738.3 million estimate. The company also highlighted 16% annual recurring revenue growth and strong free cash flow. Nutanix Reports Fourth Quarter and Fiscal 2026 Financial Results
• Positive Sentiment: Fiscal 2027 outlook supports continued growth: Management projected approximately $3.18 billion to $3.23 billion in fiscal 2027 revenue, with first-quarter revenue guidance of $755 million to $765 million. The outlook was broadly in line with estimates but reinforced confidence in demand for Nutanix’s hybrid-cloud platform.
• Positive Sentiment: AMD partnership strengthens the AI narrative: AMD’s equity investment and joint development and go-to-market agreement are viewed as more significant than a standard technology partnership. Nutanix’s software could help deploy AI inference and agentic workloads on AMD hardware, while also expanding the company’s reach among enterprise customers. Nutanix is additionally positioned to work with Nvidia systems.
• Positive Sentiment: Analysts raised price targets: Needham increased its target to $85 and maintained a Buy rating, Oppenheimer raised its target to $85 with an Outperform rating, and RBC lifted its target to $90 with an Outperform rating. Analysts cited strong execution, bookings growth and longer-term AI opportunity. Nutanix Analysts Increase Their Forecasts After Better-Than-Expected Q4 Results
• Neutral Sentiment: Nutanix plans to present at the Goldman Sachs Communacopia + Technology Conference on September 8, potentially providing additional details on its AI strategy and fiscal 2027 demand outlook. Nutanix to Present at Upcoming Investor Conference
• Negative Sentiment: Valuation and mixed analyst views remain risks: Morgan Stanley raised its price target to $63 but retained an Equal Weight rating, below the current trading level. The stock’s elevated valuation leaves it sensitive to any slowdown in bookings, AI adoption or revenue conversion.

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.