Nutanix (NASDAQ:NTNX) Earns “Outperform” Rating from Royal Bank Of Canada

Nutanix (NASDAQ:NTNX)‘s stock had its “outperform” rating reissued by analysts at Royal Bank Of Canada in a report issued on Wednesday,Benzinga reports. They currently have a $55.00 target price on the technology company’s stock. Royal Bank Of Canada’s price objective indicates a potential upside of 48.89% from the stock’s current price.

Other equities analysts have also issued reports about the stock. Morgan Stanley cut their price objective on shares of Nutanix from $62.00 to $56.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 24th. Needham & Company LLC cut their price objective on shares of Nutanix from $65.00 to $55.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. William Blair reissued a “market perform” rating on shares of Nutanix in a report on Monday, March 23rd. Wall Street Zen lowered shares of Nutanix from a “buy” rating to a “hold” rating in a report on Tuesday, March 10th. Finally, Wells Fargo & Company cut their price objective on shares of Nutanix from $57.00 to $50.00 and set an “equal weight” rating on the stock in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Nutanix has a consensus rating of “Moderate Buy” and a consensus price target of $62.27.

Nutanix Trading Down 6.3%

Shares of Nutanix stock opened at $36.94 on Wednesday. The firm has a market cap of $9.80 billion, a P/E ratio of 40.15, a P/E/G ratio of 4.17 and a beta of 0.52. Nutanix has a 12 month low of $35.39 and a 12 month high of $83.36. The stock’s fifty day moving average price is $39.74 and its 200-day moving average price is $52.27.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.44 by $0.12. The firm had revenue of $722.83 million for the quarter, compared to analyst estimates of $709.83 million. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.47 earnings per share. Analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Hedge Funds Weigh In On Nutanix

Several institutional investors have recently bought and sold shares of NTNX. Rhumbline Advisers lifted its stake in shares of Nutanix by 102.0% during the third quarter. Rhumbline Advisers now owns 868,143 shares of the technology company’s stock worth $64,581,000 after buying an additional 438,268 shares during the period. Vinva Investment Management Ltd lifted its stake in shares of Nutanix by 222.8% during the third quarter. Vinva Investment Management Ltd now owns 353,511 shares of the technology company’s stock worth $27,221,000 after buying an additional 244,006 shares during the period. New York State Teachers Retirement System lifted its stake in shares of Nutanix by 1,734.6% during the third quarter. New York State Teachers Retirement System now owns 203,380 shares of the technology company’s stock worth $15,129,000 after buying an additional 192,294 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Nutanix by 674.7% during the third quarter. Thrivent Financial for Lutherans now owns 61,590 shares of the technology company’s stock worth $4,582,000 after buying an additional 53,640 shares during the period. Finally, Nordea Investment Management AB lifted its stake in shares of Nutanix by 22.8% during the fourth quarter. Nordea Investment Management AB now owns 3,517,888 shares of the technology company’s stock worth $181,734,000 after buying an additional 653,042 shares during the period. 85.25% of the stock is owned by hedge funds and other institutional investors.

Key Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Board expanded its share repurchase authorization, a direct capital-return move that signals management confidence and can support EPS/share and the stock price over time. Nutanix Expands Share Repurchase Authorization, Signaling Confidence
• Positive Sentiment: RBC reaffirmed an Outperform and highlighted Nutanix’s positioning to benefit from AI demand, hybrid-cloud adoption and margin expansion — a thematic growth case that supports a higher multi-quarter valuation. Nutanix to Gain From AI, Hybrid Cloud, Margin Growth, RBC Says
• Positive Sentiment: Rosenblatt issued a “Strong-Buy” view with multi-year EPS forecasts that imply significant earnings acceleration by FY2027–FY2028; this creates upside if execution and macro conditions cooperate.
• Positive Sentiment: New product launch — NKP Metal (bare‑metal Kubernetes) expands Nutanix’s platform capabilities for cloud-native workloads, which could help capture share in hybrid-cloud and container use cases. Nutanix Introduces NKP Metal, Bringing Bare-Metal Kubernetes to its Platform
• Positive Sentiment: Strategic alliance with NetApp introduces a new integration for a modern cloud platform, which may broaden enterprise sales opportunities and interoperability with a major storage vendor. Nutanix and NetApp Form Strategic Alliance
• Neutral Sentiment: Zacks highlighted Nutanix as a strong momentum stock based on style scores — useful for momentum investors but not a fundamental valuation change. Here’s Why Nutanix (NTNX) is a Strong Momentum Stock
• Neutral Sentiment: Analyst/investor-day materials and the full transcript are available; these provide additional guidance and detail but require parsing for new forward-looking commitments. Nutanix, Inc. (NTNX) Analyst/Investor Day Transcript
• Negative Sentiment: Morgan Stanley maintained a Hold, citing supply‑chain and macro headwinds that create near‑term uncertainty — a cautionary voice that can weigh on the stock while risks persist. Balancing Long-Term Opportunity and Near-Term Uncertainty: A Hold Rating on Nutanix
• Negative Sentiment: Technicals and valuation: the stock is below key moving averages and nearer to its 52‑week low than its high, so short‑term downside sensitivity is increased if macro sentiment deteriorates.

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.