Needham & Company LLC Raises Earnings Estimates for Nutanix

Nutanix (NASDAQ:NTNX) – Needham & Company LLC upped their Q4 2026 earnings per share (EPS) estimates for shares of Nutanix in a research note issued on Wednesday, November 26th. Needham & Company LLC analyst M. Cikos now anticipates that the technology company will earn $0.20 per share for the quarter, up from their prior estimate of $0.16. Needham & Company LLC has a “Buy” rating and a $65.00 price target 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 equities research analysts have also commented on NTNX. The Goldman Sachs Group decreased their price objective on shares of Nutanix from $95.00 to $75.00 and set a “buy” rating for the company in a research note on Friday. KeyCorp reduced their target price on Nutanix from $95.00 to $65.00 and set an “overweight” rating for the company in a report on Wednesday. Bank of America decreased their price target on Nutanix from $93.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Citigroup upgraded Nutanix to a “positive” rating in a report on Tuesday, August 5th. Finally, Northland Securities cut their price objective on Nutanix from $76.00 to $53.00 and set a “market perform” rating on the stock in a research report on Wednesday. Thirteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Nutanix has an average rating of “Moderate Buy” and an average price target of $75.13.

Nutanix Price Performance

NTNX opened at $47.73 on Monday. Nutanix has a fifty-two week low of $47.39 and a fifty-two week high of $83.36. The firm has a market capitalization of $12.83 billion, a P/E ratio of 74.58, a PEG ratio of 6.55 and a beta of 0.54. The company’s 50-day moving average is $68.03 and its 200 day moving average is $72.11.

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

Insider Buying and Selling at Nutanix

In related news, Director Teresa Gayle Sheppard sold 3,500 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $76.48, for a total value of $267,680.00. Following the sale, the director directly owned 22,400 shares in the company, valued at approximately $1,713,152. The trade was a 13.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Rukmini Sivaraman sold 11,391 shares of the company’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total transaction of $892,370.94. Following the sale, the chief financial officer directly owned 254,637 shares in the company, valued at approximately $19,948,262.58. This trade represents a 4.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 159,598 shares of company stock worth $12,218,560 over the last ninety days. 2.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Nutanix

Large investors have recently modified their holdings of the business. Earned Wealth Advisors LLC increased 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 valued at $299,000 after purchasing an additional 142 shares during the last quarter. SBI Securities Co. Ltd. grew its position in Nutanix by 6.4% during the second quarter. SBI Securities Co. Ltd. now owns 2,453 shares of the technology company’s stock valued at $188,000 after buying an additional 148 shares during the period. Farther Finance Advisors LLC increased its holdings in Nutanix by 42.6% during the second quarter. Farther Finance Advisors LLC now owns 502 shares of the technology company’s stock valued at $38,000 after buying an additional 150 shares during the last quarter. Simmons Bank increased its holdings in Nutanix by 2.1% during the second quarter. Simmons Bank now owns 7,295 shares of the technology company’s stock valued at $558,000 after buying an additional 150 shares during the last quarter. Finally, Crestwood Advisors Group LLC raised its position in Nutanix by 0.4% in the third quarter. Crestwood Advisors Group LLC now owns 43,499 shares of the technology company’s stock worth $3,236,000 after acquiring an additional 161 shares during the period. Hedge funds and other institutional investors own 85.25% 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.