Susquehanna Comments on Nutanix’s Q3 Earnings (NASDAQ:NTNX)

Nutanix (NASDAQ:NTNX) – Research analysts at Susquehanna lifted their Q3 2026 earnings per share (EPS) estimates for shares of Nutanix in a research report issued to clients and investors on Wednesday, February 18th. Susquehanna analyst M. Hosseini now anticipates that the technology company will post earnings per share of $0.17 for the quarter, up from their prior estimate of $0.13. The consensus estimate for Nutanix’s current full-year earnings is $0.31 per share. Susquehanna also issued estimates for Nutanix’s Q4 2026 earnings at $0.25 EPS, Q1 2027 earnings at $0.27 EPS, Q2 2027 earnings at $0.42 EPS, Q3 2027 earnings at $0.32 EPS, Q4 2027 earnings at $0.36 EPS and FY2027 earnings at $1.36 EPS.

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

Several other analysts have also recently commented on NTNX. Needham & Company LLC decreased their target price on Nutanix from $80.00 to $65.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Oppenheimer assumed coverage on Nutanix in a research note on Monday, November 17th. They issued an “outperform” rating and a $90.00 price objective for the company. KeyCorp decreased their price objective on Nutanix from $95.00 to $65.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Piper Sandler reiterated an “overweight” rating and issued a $72.00 target price (down previously from $88.00) on shares of Nutanix in a report on Wednesday, November 26th. Finally, Morgan Stanley set a $62.00 price target on shares of Nutanix in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $67.13.

Nutanix Stock Performance

NASDAQ NTNX opened at $39.84 on Monday. The firm’s 50 day moving average price is $46.25 and its two-hundred day moving average price is $59.70. Nutanix has a twelve month low of $35.39 and a twelve month high of $83.36. The stock has a market cap of $10.77 billion, a price-to-earnings ratio of 53.12, a PEG ratio of 4.28 and a beta of 0.48.

Hedge Funds Weigh In On Nutanix

Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Nutanix by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 27,514,943 shares of the technology company’s stock valued at $1,422,247,000 after acquiring an additional 832,468 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Nutanix by 72.8% during the 4th quarter. AQR Capital Management LLC now owns 11,452,714 shares of the technology company’s stock valued at $591,991,000 after purchasing an additional 4,826,443 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Nutanix by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 5,283,964 shares of the technology company’s stock valued at $272,452,000 after purchasing an additional 135,533 shares during the last quarter. FIL Ltd lifted its stake in shares of Nutanix by 180.1% in the 4th quarter. FIL Ltd now owns 4,333,937 shares of the technology company’s stock valued at $224,021,000 after purchasing an additional 2,786,929 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in Nutanix by 14.0% in the fourth quarter. First Trust Advisors LP now owns 3,647,276 shares of the technology company’s stock worth $188,528,000 after purchasing an additional 447,806 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Nutanix News Roundup

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

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.