Rosenblatt Securities Begins Coverage on Nutanix (NASDAQ:NTNX)

Research analysts at Rosenblatt Securities began coverage on shares of Nutanix (NASDAQ:NTNX) in a research note issued on Thursday, MarketBeat Ratings reports. The firm set a “buy” rating and a $60.00 price target on the technology company’s stock. Rosenblatt Securities’ target price points to a potential upside of 45.99% from the stock’s current price.

Several other brokerages have also issued reports on NTNX. Royal Bank Of Canada set a $55.00 target price on shares of Nutanix in a research report on Wednesday, February 11th. William Blair reaffirmed a “market perform” rating on shares of Nutanix in a research note on Monday, March 23rd. Wall Street Zen cut Nutanix from a “buy” rating to a “hold” rating in a report on Tuesday, March 10th. Piper Sandler reduced their price objective on Nutanix from $72.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Finally, Bank of America decreased their price objective on Nutanix from $75.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Nutanix currently has a consensus rating of “Moderate Buy” and an average target price of $62.27.

Nutanix Stock Performance

NTNX stock opened at $41.10 on Thursday. The company’s 50 day moving average is $39.95 and its 200 day moving average is $53.35. The stock has a market cap of $10.90 billion, a price-to-earnings ratio of 44.67, a price-to-earnings-growth ratio of 4.40 and a beta of 0.52. 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. The business had revenue of $722.83 million during the quarter, compared to analyst estimates of $709.83 million. Nutanix had a net margin of 9.95% and a negative return on equity of 37.41%. Nutanix’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.47 earnings per share. As a group, sell-side analysts forecast that Nutanix will post 0.31 EPS for the current fiscal year.

Institutional Trading of Nutanix

Several institutional investors have recently added to or reduced their stakes in NTNX. New Millennium Group LLC purchased a new position in shares of Nutanix in the fourth quarter worth about $28,000. V Square Quantitative Management LLC purchased a new stake in Nutanix during the 4th quarter valued at about $39,000. Covestor Ltd grew its position in Nutanix by 73.1% during the 4th 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. grew its position in Nutanix by 159.4% during the 4th quarter. Harbour Investments Inc. now owns 817 shares of the technology company’s stock worth $42,000 after acquiring an additional 502 shares during the last quarter. Finally, GW&K Investment Management LLC increased its stake in 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 period. 85.25% of the stock is currently owned by hedge funds and other institutional investors.

Nutanix News Roundup

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Rosenblatt initiation: Rosenblatt started coverage on Nutanix with a Strong‑Buy/Buy call and a $60 target (roughly ~46% upside from recent levels), which triggered intraday buying and raised visibility among institutional and retail investors. Article Title
• Positive Sentiment: Wide media pickup: Multiple outlets (MSN, Benzinga, Globe & Mail) amplified the Rosenblatt call, increasing short‑term momentum and liquidity as traders respond to the new analyst coverage. Article Title
• Neutral Sentiment: Analyst consensus: Coverage shows a moderate buy consensus overall, so while Rosenblatt is bullish, the analyst community is mixed-to-cautiously positive rather than uniformly aggressive — limiting how sustained the rally may be without follow‑through fundamental news. Article Title
• Neutral Sentiment: Valuation re‑assessment: Coverage from Yahoo and other outlets is prompting investors to recheck Nutanix’s valuation versus revenue and profitability metrics; this creates short‑term debate that can amplify volatility. Article Title
• Negative Sentiment: Longer‑term weakness and technicals: Despite the upgrade, Nutanix has been well off its highs (notable one‑year declines and a 200‑day moving average well above the current price), which leaves the stock vulnerable to profit‑taking unless fundamental momentum improves. Article Title

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.