KeyCorp Issues Positive Outlook for Nutanix Earnings

Nutanix (NASDAQ:NTNX) – Research analysts at KeyCorp lifted their Q2 2026 EPS estimates for shares of Nutanix in a research note issued on Tuesday, February 17th. KeyCorp analyst B. Nispel now expects that the technology company will post earnings of $0.21 per share for the quarter, up from their prior estimate of $0.20. KeyCorp currently has a “Overweight” 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. KeyCorp also issued estimates for Nutanix’s Q3 2026 earnings at $0.23 EPS, FY2026 earnings at $0.85 EPS, FY2027 earnings at $1.33 EPS, FY2028 earnings at $1.99 EPS, FY2029 earnings at $2.78 EPS and FY2030 earnings at $3.72 EPS.

A number of other analysts also recently issued reports on NTNX. Zacks Research downgraded shares of Nutanix from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Weiss Ratings restated a “hold (c)” rating on shares of Nutanix in a research report on Monday, December 29th. Oppenheimer assumed coverage on Nutanix in a report on Monday, November 17th. They issued an “outperform” rating and a $90.00 target price on the stock. Piper Sandler reissued an “overweight” rating and set a $72.00 price target (down from $88.00) on shares of Nutanix in a research note on Wednesday, November 26th. Finally, Barclays restated an “equal weight” rating and set a $53.00 price target (down previously from $64.00) on shares of Nutanix in a report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Nutanix presently has an average rating of “Moderate Buy” and an average target price of $67.13.

Nutanix Stock Performance

NTNX stock opened at $39.84 on Friday. The company’s fifty day moving average price is $46.25 and its 200-day moving average price is $59.91. Nutanix has a one year low of $35.39 and a one year high of $83.36. The company has a market capitalization of $10.77 billion, a PE ratio of 53.12, a price-to-earnings-growth ratio of 4.44 and a beta of 0.48.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings results on Tuesday, November 25th. The technology company reported $0.41 EPS for the quarter, meeting analysts’ consensus estimates of $0.41. Nutanix had a negative return on equity of 32.95% and a net margin of 8.43%.The business had revenue of $670.58 million for the quarter, compared to analysts’ expectations of $677.23 million. During the same period last year, the firm earned $0.42 earnings per share. The business’s quarterly revenue was up 13.5% on a year-over-year basis.

Institutional Investors Weigh In On Nutanix

Several institutional investors have recently modified their holdings of the stock. New Millennium Group LLC bought a new position in shares of Nutanix during the 4th quarter valued at approximately $28,000. V Square Quantitative Management LLC bought a new stake in Nutanix in the fourth quarter worth $39,000. Covestor Ltd boosted its stake in Nutanix by 73.1% during the fourth quarter. Covestor Ltd now owns 767 shares of the technology company’s stock worth $40,000 after buying an additional 324 shares during the period. Harbour Investments Inc. increased its position in Nutanix by 159.4% during the fourth quarter. Harbour Investments Inc. now owns 817 shares of the technology company’s stock valued at $42,000 after acquiring an additional 502 shares during the last quarter. Finally, GW&K Investment Management LLC increased its position in Nutanix by 78.7% during the fourth quarter. GW&K Investment Management LLC now owns 981 shares of the technology company’s stock valued at $51,000 after acquiring an additional 432 shares during the last quarter. 85.25% of the stock is owned by institutional investors.

More Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: KeyCorp raised Nutanix’s multi‑year earnings outlook — the firm increased FY2026–FY2030 EPS forecasts (notably FY2028–FY2030 upgrades) and reiterated an Overweight rating with a $65 price target, signaling stronger long‑term growth expectations that can support the stock. KeyCorp analyst note / MarketBeat
• Neutral Sentiment: Zacks published an earnings preview (“Countdown to Nutanix Q2”) that compiles Wall Street estimates and key metric forecasts ahead of the quarter — this increases focus on guidance and could boost volatility around the report but does not itself change fundamentals. Countdown to Nutanix (NTNX) Q2 Earnings: Wall Street Forecasts for Key Metrics
• Negative Sentiment: KeyCorp trimmed its Q3 2026 EPS estimate slightly (from $0.24 to $0.23), a nearer‑term downgrade that may weigh on short‑term sentiment despite the longer‑term boosts. KeyCorp analyst note / MarketBeat
• Negative Sentiment: Seeking Alpha’s recent writeup frames Nutanix as having solid free cash flow but otherwise “not very compelling,” which could reinforce cautious narratives around valuation (NTNX trades at a high P/E vs. near‑term EPS consensus) and pressure momentum investors. Nutanix: Solid FCF Subplot, But Not Very Compelling Otherwise

Nutanix Company Profile

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.