Nutanix (NASDAQ:NTNX) Price Target Raised to $60.00

Nutanix (NASDAQ:NTNX) had its target price hoisted by UBS Group from $57.00 to $60.00 in a research note released on Thursday morning,Benzinga reports. UBS Group currently has a buy rating on the technology company’s stock.

A number of other research firms have also recently commented on NTNX. Bank of America reduced their target price on Nutanix from $75.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday. Barclays cut their price objective on Nutanix from $53.00 to $47.00 and set an “equal weight” rating for the company in a report on Thursday. Oppenheimer initiated coverage on Nutanix in a report on Monday, November 17th. They set an “outperform” rating and a $90.00 price objective on the stock. Morgan Stanley cut their target price on Nutanix from $62.00 to $56.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Zacks Research cut shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Eleven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $62.43.

Nutanix Trading Down 4.2%

NTNX stock opened at $38.28 on Thursday. The company’s 50 day moving average is $45.10 and its 200 day moving average is $58.65. The stock has a market cap of $10.35 billion, a price-to-earnings ratio of 41.61, a price-to-earnings-growth ratio of 4.16 and a beta of 0.48. Nutanix has a 1-year low of $35.39 and a 1-year high of $83.36.

Nutanix (NASDAQ:NTNX) last announced its earnings results on Wednesday, February 25th. The technology company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.12. Nutanix had a net margin of 9.95% and a negative return on equity of 39.30%. The business had revenue of $722.83 million during the quarter, compared to analyst estimates of $709.83 million. During the same period in the previous year, the business posted $0.47 earnings per share. Nutanix’s revenue for the quarter was up 10.4% on a year-over-year basis. As a group, sell-side analysts forecast that Nutanix will post 0.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in NTNX. New Millennium Group LLC bought a new stake in shares of Nutanix during the 4th quarter valued at $28,000. V Square Quantitative Management LLC bought a new stake in Nutanix in the fourth quarter worth $39,000. Covestor Ltd grew its stake in shares of Nutanix by 73.1% in the fourth quarter. Covestor Ltd now owns 767 shares of the technology company’s stock worth $40,000 after acquiring an additional 324 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of 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 in the last quarter. Finally, GW&K Investment Management LLC raised its position in shares of Nutanix by 78.7% in the 4th quarter. GW&K Investment Management LLC now owns 981 shares of the technology company’s stock worth $51,000 after purchasing an additional 432 shares during the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Trending Headlines about Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: AMD strategic partnership and investment — AMD announced a multi‑year AI infrastructure partnership and a $250M package (about $150M equity at ~$36.26/sh and up to $100M for joint engineering/go‑to‑market), validating Nutanix’s enterprise AI positioning and drawing immediate buyer interest. AMD and Nutanix Announce Strategic Partnership to Advance an Open and Scalable Platform for Enterprise AI
• Positive Sentiment: Quarterly beat and customer momentum — Q2 results topped estimates (revenue ≈ $722.8M; adjusted EPS $0.56), with >1,000 new customers and the strongest new‑logo growth in eight years, supporting the narrative of durable demand for Nutanix’s hybrid cloud stack. Nutanix Q2 Earnings and Revenues Beat Estimates, Sales Rise Y/Y
• Positive Sentiment: Analyst backing and investor flow — Some firms raised/maintained bullish views (e.g., UBS bumped its PT to $60 with a Buy), and there was elevated call‑option activity, both of which have supported near‑term upside interest. Analyst Price Target Coverage (Benzinga)
• Neutral Sentiment: Strategic visibility — Coverage highlights Nutanix’s role in niche enterprise clouds (Nasdaq futures ecosystem and evolving cloud use cases), which supports narrative but is longer‑term and less likely to move the stock immediately. Nutanix Plays a Critical Role In Nasdaq Futures Cloud Ecosystem
• Neutral Sentiment: Investor access — Management will present at the Morgan Stanley TMT conference next week, offering additional opportunity for guidance color and investor Q&A. Nutanix to Present at Upcoming Investor Conference
• Negative Sentiment: FY26 revenue target cut and supply constraints — Management set FY26 revenue guidance to $2.80B–$2.84B and cited supply‑chain delays as the reason, signaling that demand is outpacing available hardware capacity and weighing on near‑term growth. Nutanix outlines $2.8B–$2.84B FY26 revenue target amid AMD partnership and supply chain delays
• Negative Sentiment: Demand > supply dynamic and revenue timing — Reports note bookings are strong but constrained by component availability, which can push revenue recognition later and inject execution risk into near‑term results. Nutanix: Demand Surge Is Now Running Into Supply Constraints
• Negative Sentiment: Analyst trims and insider/institutional flows — Several banks trimmed targets (Barclays cut to $47 equal‑weight; others trimmed forecasts) and filings show notable institutional rebalancing and insider sales, adding upward pressure to near‑term sentiment. Nutanix jumps as AMD takes strategic stake and the company posts a quarterly beat

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.