JPMorgan Chase & Co. Reaffirms “Neutral” Rating for Nutanix (NASDAQ:NTNX)

Nutanix (NASDAQ:NTNX)‘s stock had its “neutral” rating reiterated by research analysts at JPMorgan Chase & Co. in a report issued on Friday, Marketbeat.com reports. They currently have a $44.00 price target on the technology company’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 27.87% from the stock’s current price.

NTNX has been the topic of several other reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Nutanix in a report on Friday, March 27th. William Blair reissued 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 research note on Tuesday, March 10th. Barclays dropped their price objective on Nutanix from $53.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Finally, Piper Sandler dropped their price objective on Nutanix from $72.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Nutanix presently has an average rating of “Moderate Buy” and a consensus target price of $60.87.

Nutanix Stock Performance

Shares of NASDAQ NTNX opened at $34.41 on Friday. The business’s 50 day moving average price is $39.64 and its 200-day moving average price is $51.82. Nutanix has a fifty-two week low of $34.01 and a fifty-two week high of $83.36. The company has a market cap of $9.13 billion, a price-to-earnings ratio of 37.40, a PEG ratio of 3.64 and a beta of 0.52.

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

Institutional Trading of Nutanix

Institutional investors have recently made changes to their positions in the business. New Millennium Group LLC acquired a new stake in shares of Nutanix in the 4th quarter worth $28,000. SJS Investment Consulting Inc. boosted its position in shares of Nutanix by 3,122.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 709 shares of the technology company’s stock worth $53,000 after purchasing an additional 687 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Nutanix in the 4th quarter worth $39,000. Covestor Ltd boosted its position in shares of Nutanix by 73.1% in the 4th quarter. Covestor Ltd now owns 767 shares of the technology company’s stock worth $40,000 after purchasing an additional 324 shares in the last quarter. Finally, Harbour Investments Inc. boosted its position in shares of Nutanix by 159.4% in the 4th quarter. Harbour Investments Inc. now owns 817 shares of the technology company’s stock worth $42,000 after purchasing an additional 502 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Trending Headlines about Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix expanded its share repurchase authorization, signalling management confidence and providing potential support for the stock if buybacks accelerate. Analysts: Nutanix Expands Share Repurchase Authorization
• Positive Sentiment: Product progress: Nutanix’s database platform added a certified integration for MongoDB, which can help win database workloads and strengthen cloud/edge use cases — a modest long-term commercial positive. Nutanix database platform bolsters MongoDB support
• Neutral Sentiment: Short-interest report shows anomalous/zero data (short interest reported as 0 shares with NaN increase) — likely a reporting/data issue rather than a substantive change in positioning; treat with caution. (No external link provided in feed.)
• Neutral Sentiment: Analysts remain mixed on near-term outlook — some models and previews for the upcoming quarter (Q3) are circulating, but consensus estimates remain modest; this creates uncertainty rather than a clear directional catalyst. Analysts Offer Predictions for Nutanix Q3 Earnings
• Negative Sentiment: JPMorgan downgraded NTNX from Overweight to Neutral and cut its price target to $44, citing fears of a choppy macro environment and near-term growth headwinds; the downgrade triggered selling pressure and is the primary reason shares are down today. Nutanix falls after JPMorgan downgrade JPMorgan Cuts Nutanix to Neutral with $44 Target

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.