Needham & Company LLC Raises Earnings Estimates for Nutanix

Nutanix (NASDAQ:NTNX) – Stock analysts at Needham & Company LLC increased their Q4 2026 earnings per share (EPS) estimates for shares of Nutanix in a note issued to investors on Wednesday, November 26th. Needham & Company LLC analyst M. Cikos now anticipates that the technology company will post earnings of $0.20 per share for the quarter, up from their prior forecast of $0.16. Needham & Company LLC currently has a “Buy” rating and a $65.00 target price on the stock. The consensus estimate for Nutanix’s current full-year earnings is $0.31 per share. Needham & Company LLC also issued estimates for Nutanix’s Q1 2027 earnings at $0.24 EPS and Q4 2027 earnings at $0.22 EPS.

Several other brokerages also recently commented on NTNX. Wells Fargo & Company decreased their price objective on shares of Nutanix from $71.00 to $57.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Piper Sandler reissued an “overweight” rating and set a $72.00 price target (down from $88.00) on shares of Nutanix in a report on Wednesday. Barclays restated an “overweight” rating and issued a $64.00 price objective on shares of Nutanix in a research report on Wednesday. Bank of America cut their target price on Nutanix from $93.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Finally, Zacks Research downgraded Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Thirteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Nutanix presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.13.

Nutanix Price Performance

NTNX opened at $47.73 on Monday. The firm has a market cap of $12.83 billion, a P/E ratio of 74.58, a PEG ratio of 6.55 and a beta of 0.54. Nutanix has a 1-year low of $47.39 and a 1-year high of $83.36. The company has a 50 day simple moving average of $68.03 and a two-hundred day simple moving average of $72.11.

Nutanix (NASDAQ:NTNX) last released its earnings results on Tuesday, November 25th. The technology company reported $0.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.41. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The company had revenue of $670.58 million during the quarter, compared to analyst estimates of $677.23 million. During the same period in the prior year, the firm posted $0.42 EPS. The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. Nutanix has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS.

Insider Transactions at Nutanix

In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total transaction of $267,680.00. Following the completion of the transaction, the director owned 22,400 shares in the company, valued at $1,713,152. This trade represents a 13.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Rajiv Ramaswami sold 144,707 shares of Nutanix 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 completion of the sale, the chief executive officer directly owned 524,608 shares in the company, valued at approximately $40,090,543.36. The trade was a 21.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 159,598 shares of company stock valued at $12,218,560. 2.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of NTNX. Norges Bank bought a new position in Nutanix during the second quarter valued at $263,938,000. AQR Capital Management LLC increased its holdings in shares of Nutanix by 40.6% in the 3rd quarter. AQR Capital Management LLC now owns 6,626,271 shares of the technology company’s stock worth $492,928,000 after buying an additional 1,914,005 shares during the last quarter. Marshall Wace LLP raised its position in shares of Nutanix by 75.9% during the 2nd quarter. Marshall Wace LLP now owns 3,279,107 shares of the technology company’s stock valued at $250,655,000 after buying an additional 1,415,117 shares in the last quarter. Jericho Capital Asset Management L.P. lifted its holdings in shares of Nutanix by 46.8% in the 1st quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock valued at $286,430,000 after acquiring an additional 1,308,357 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of Nutanix in the 1st quarter valued at about $86,949,000. 85.25% of the stock is owned by hedge funds and other institutional investors.

About Nutanix

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.