Northland Capmk Has Positive View of Nutanix FY2027 Earnings

Nutanix (NASDAQ:NTNX) – Equities researchers at Northland Capmk increased their FY2027 earnings estimates for Nutanix in a note issued to investors on Thursday, October 9th. Northland Capmk analyst N. Chokshi now anticipates that the technology company will post earnings per share of $1.13 for the year, up from their prior estimate of $1.10. Northland Capmk has a “Hold” rating on the stock. The consensus estimate for Nutanix’s current full-year earnings is $0.31 per share.

Other analysts have also recently issued research reports about the stock. The Goldman Sachs Group began coverage on shares of Nutanix in a report on Tuesday, July 15th. They set a “buy” rating and a $95.00 price objective on the stock. Barclays lowered their target price on shares of Nutanix from $94.00 to $82.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. JPMorgan Chase & Co. lowered their target price on shares of Nutanix from $90.00 to $81.00 and set an “overweight” rating on the stock in a research report on Thursday, August 28th. KeyCorp began coverage on shares of Nutanix in a research report on Thursday, June 26th. They set an “overweight” rating and a $95.00 target price on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Nutanix in a research report on Wednesday. Fourteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $87.67.

Nutanix Trading Down 0.6%

NTNX stock opened at $68.34 on Friday. Nutanix has a twelve month low of $54.66 and a twelve month high of $83.36. The company’s 50 day moving average is $72.51 and its two-hundred day moving average is $72.48. The stock has a market cap of $18.37 billion, a P/E ratio of 106.78, a PEG ratio of 6.62 and a beta of 0.51.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. The company had revenue of $653.27 million for the quarter, compared to analysts’ expectations of $642.48 million. During the same quarter last year, the company earned $0.27 earnings per share. The firm’s revenue for the quarter was up 19.2% on a year-over-year basis. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS.

Institutional Investors Weigh In On Nutanix

Several institutional investors have recently made changes to their positions in the stock. Earned Wealth Advisors LLC boosted its position in shares of Nutanix by 3.8% during the 2nd quarter. Earned Wealth Advisors LLC now owns 3,915 shares of the technology company’s stock worth $299,000 after purchasing an additional 142 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in shares of Nutanix by 6.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,453 shares of the technology company’s stock worth $188,000 after buying an additional 148 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Nutanix by 42.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock worth $38,000 after buying an additional 150 shares during the last quarter. Simmons Bank raised its stake in shares of Nutanix by 2.1% during the 2nd quarter. Simmons Bank now owns 7,295 shares of the technology company’s stock worth $558,000 after buying an additional 150 shares during the last quarter. Finally, Aaron Wealth Advisors LLC raised its stake in shares of Nutanix by 2.6% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 6,489 shares of the technology company’s stock worth $496,000 after buying an additional 162 shares during the last quarter. 85.25% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Nutanix news, CEO Rajiv Ramaswami sold 144,707 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.42, for a total transaction of $11,058,508.94. Following 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Rukmini Sivaraman sold 11,391 shares of the business’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $78.34, for a total transaction of $892,370.94. Following the sale, the chief financial officer owned 254,637 shares in the company, valued at $19,948,262.58. The trade was a 4.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 159,598 shares of company stock worth $12,218,560. Corporate insiders own 6.80% of the company’s stock.

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.