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

Nutanix (NASDAQ:NTNX) had its price target raised by Barclays from $53.00 to $75.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an equal weight rating on the technology company’s stock.

A number of other research firms also recently weighed in on NTNX. Wells Fargo & Company upped their price target on shares of Nutanix from $55.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Thursday. Oppenheimer lifted their price objective on Nutanix from $80.00 to $85.00 and gave the company an “outperform” rating in a research report on Thursday. Bank of America restated a “buy” rating on shares of Nutanix in a research note on Thursday. Morgan Stanley upped their target price on Nutanix from $55.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $75.00 price target (up from $60.00) on shares of Nutanix in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $72.71.

Nutanix Stock Performance

NTNX stock opened at $69.16 on Friday. The firm has a 50 day simple moving average of $58.16 and a 200 day simple moving average of $48.26. Nutanix has a 52 week low of $34.01 and a 52 week high of $82.42. The stock has a market cap of $18.70 billion, a P/E ratio of 13.40, a P/E/G ratio of 4.11 and a beta of 0.60. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.78 and a current ratio of 1.80.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings data 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. Nutanix had a net margin of 52.81% and a negative return on equity of 90.13%. The firm had revenue of $757.08 million for the quarter, compared to analyst estimates of $738.27 million. During the same quarter in the prior year, the business earned $0.37 EPS. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. Research analysts anticipate that Nutanix will post 0.97 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of NTNX. Vanguard Group Inc. boosted its holdings in Nutanix by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 27,514,943 shares of the technology company’s stock worth $1,422,247,000 after purchasing an additional 832,468 shares in the last quarter. California State Teachers Retirement System increased its position in Nutanix by 4,834.4% during the second quarter. California State Teachers Retirement System now owns 14,870,638 shares of the technology company’s stock worth $757,808,000 after buying an additional 14,569,274 shares during the last quarter. AQR Capital Management LLC raised its holdings in Nutanix by 72.8% during the fourth quarter. AQR Capital Management LLC now owns 11,452,714 shares of the technology company’s stock valued at $591,991,000 after buying an additional 4,826,443 shares in the last quarter. Geode Capital Management LLC raised its holdings in Nutanix by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,283,964 shares of the technology company’s stock valued at $272,452,000 after buying an additional 135,533 shares in the last quarter. Finally, FIL Ltd lifted its position 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 buying an additional 2,786,929 shares during the last quarter. Institutional investors own 85.25% of the company’s stock.

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.

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.