Nutanix (NASDAQ:NTNX) Price Target Raised to $85.00

Nutanix (NASDAQ:NTNX) had its target price lifted by Oppenheimer from $80.00 to $85.00 in a report released on Thursday morning,Benzinga reports. Oppenheimer currently has an outperform rating on the technology company’s stock.

A number of other research analysts also recently commented on the stock. UBS Group boosted their price objective on shares of Nutanix from $62.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday. Wall Street Zen raised shares of Nutanix from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Wells Fargo & Company lifted their target price on shares of Nutanix from $55.00 to $65.00 and gave the company an “equal weight” rating in a research note on Thursday. Northland Securities set a $47.00 price target on shares of Nutanix in a report on Thursday, May 28th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Nutanix in a research note on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $72.71.

Nutanix Trading Down 1.0%

NASDAQ:NTNX opened at $69.16 on Thursday. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.80 and a quick ratio of 1.78. Nutanix has a fifty-two week low of $34.01 and a fifty-two week high of $82.42. The stock’s 50-day moving average is $58.16 and its two-hundred day moving average is $48.22. The stock has a market cap of $18.70 billion, a PE ratio of 13.40, a price-to-earnings-growth ratio of 4.43 and a beta of 0.60.

Nutanix (NASDAQ:NTNX) last issued its earnings results on Wednesday, August 26th. The technology company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.11. The company had revenue of $757.08 million for the quarter, compared to the consensus estimate of $738.27 million. Nutanix had a negative return on equity of 90.13% and a net margin of 52.81%.The firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 EPS. As a group, equities research analysts forecast that Nutanix will post 0.97 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Nutanix

A number of hedge funds have recently added to or reduced their stakes in NTNX. Katamaran Capital LLP lifted its stake in shares of Nutanix by 270.0% in the 4th quarter. Katamaran Capital LLP now owns 86,094 shares of the technology company’s stock valued at $4,450,000 after purchasing an additional 62,825 shares during the last quarter. Generali Asset Management SPA SGR bought a new stake in Nutanix in the fourth quarter worth $1,800,000. Arrowstreet Capital Limited Partnership increased its position in Nutanix by 628.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,185,120 shares of the technology company’s stock worth $45,046,000 after buying an additional 1,022,516 shares during the last quarter. BW Gestao de Investimentos Ltda. increased its position in Nutanix by 19.1% during the fourth quarter. BW Gestao de Investimentos Ltda. now owns 663,074 shares of the technology company’s stock worth $34,274,000 after buying an additional 106,420 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its holdings in Nutanix by 40.5% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 112,306 shares of the technology company’s stock valued at $5,805,000 after buying an additional 32,366 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Nutanix News Roundup

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.