Nutanix (NASDAQ:NTNX) Receives Buy Rating from Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of Nutanix (NASDAQ:NTNX) in a report issued on Friday,Benzinga reports. They currently have a $60.00 price target on the technology company’s stock.

Other research analysts also recently issued reports about the stock. Royal Bank Of Canada boosted their price objective on shares of Nutanix from $55.00 to $58.00 and gave the company an “outperform” rating in a research report on Thursday. KeyCorp restated an “overweight” rating on shares of Nutanix in a research report on Thursday. Piper Sandler restated an “overweight” rating and set a $60.00 price objective (down from $63.00) on shares of Nutanix in a research report on Thursday. William Blair restated a “market perform” rating on shares of Nutanix in a research report on Monday, March 23rd. Finally, Needham & Company LLC upped their price target on shares of Nutanix from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $60.00.

Nutanix Trading Up 6.7%

NASDAQ NTNX opened at $52.07 on Friday. Nutanix has a 1-year low of $34.01 and a 1-year high of $82.42. The company has a 50 day moving average of $42.00 and a 200-day moving average of $45.49. The company has a market cap of $13.81 billion, a price-to-earnings ratio of 54.81, a PEG ratio of 5.45 and a beta of 0.54.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. Nutanix had a net margin of 10.03% and a negative return on equity of 38.96%. The company had revenue of $364.94 million during the quarter, compared to the consensus estimate of $686.34 million. During the same period in the previous year, the business earned $0.22 earnings per share. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. On average, equities research analysts forecast that Nutanix will post 0.56 earnings per share for the current year.

Institutional Trading of Nutanix

A number of institutional investors have recently bought and sold shares of NTNX. Vanguard Group Inc. increased its stake in shares of Nutanix by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 27,514,943 shares of the technology company’s stock valued at $1,422,247,000 after acquiring an additional 832,468 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Nutanix by 72.8% during the 4th quarter. AQR Capital Management LLC now owns 11,452,714 shares of the technology company’s stock worth $591,991,000 after purchasing an additional 4,826,443 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Nutanix by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 5,283,964 shares of the technology company’s stock worth $272,452,000 after purchasing an additional 135,533 shares in the last quarter. FIL Ltd boosted its position in shares of Nutanix by 180.1% during the 4th quarter. FIL Ltd now owns 4,333,937 shares of the technology company’s stock worth $224,021,000 after purchasing an additional 2,786,929 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in shares of Nutanix by 14.0% during the 4th quarter. First Trust Advisors LP now owns 3,647,276 shares of the technology company’s stock worth $188,528,000 after purchasing an additional 447,806 shares in the last quarter. Institutional investors own 85.25% of the company’s stock.

Key Headlines Impacting Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix reported Q3 revenue of $703.1 million, topping estimates, while EPS of $0.47 also beat expectations. The company said ARR is now above $2.4 billion and recurring revenue grew about 15%, reinforcing the durability of its subscription-driven model. Nutanix: Soaring Backlog And Contract Durations, Modest FCF Multiples
• Positive Sentiment: The company raised FY2026 guidance, now expecting revenue of $2.82 billion to $2.84 billion and free cash flow of $760 million to $780 million, signaling management confidence after the quarter. Nutanix Q3 Earnings Top Estimates on Strong Demand and Execution
• Positive Sentiment: Several analysts lifted price targets after the results, including Rosenblatt, Needham, Barclays, and Morgan Stanley, with some targets reaching $60.00, which helped strengthen sentiment around the stock. Nutanix Analysts Boost Their Forecasts Following Upbeat Q3 Results
• Neutral Sentiment: Nutanix also announced it will present at an upcoming investor conference, which may keep attention on the name but is not a direct operational catalyst. Nutanix to Present at Upcoming Investor Conference
• Negative Sentiment: Some analysts remain cautious despite the beat, with at least one hold/neutral view and JPMorgan’s target still implying downside, suggesting the rally may face valuation-based resistance. Balanced Risk-Reward Keeps Nutanix at Hold Despite Strong Q3 Execution and Growth

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.