Nutanix (NASDAQ:NTNX) Given New $53.00 Price Target at Barclays

Nutanix (NASDAQ:NTNX) had its price target hoisted by investment analysts at Barclays from $47.00 to $53.00 in a report released on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the technology company’s stock. Barclays‘s price objective indicates a potential upside of 8.93% from the stock’s current price.

NTNX has been the subject of a number of other reports. JPMorgan Chase & Co. restated a “neutral” rating and set a $44.00 price objective on shares of Nutanix in a report on Friday, April 10th. UBS Group restated a “buy” rating and set a $62.00 price objective on shares of Nutanix in a report on Thursday. The Goldman Sachs Group restated a “buy” rating on shares of Nutanix in a report on Thursday. Royal Bank Of Canada restated an “outperform” rating and set a $58.00 price objective on shares of Nutanix in a report on Thursday. Finally, Wall Street Zen downgraded Nutanix from a “buy” rating to a “hold” rating in a report on Tuesday, March 10th. Eleven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $61.93.

Nutanix Price Performance

NASDAQ:NTNX traded up $2.08 during mid-day trading on Thursday, reaching $48.65. The company’s stock had a trading volume of 2,366,808 shares, compared to its average volume of 4,350,653. The company’s fifty day simple moving average is $41.65 and its two-hundred day simple moving average is $45.59. Nutanix has a twelve month low of $34.01 and a twelve month high of $82.42. The stock has a market cap of $12.90 billion, a P/E ratio of 52.97, a P/E/G ratio of 5.20 and a beta of 0.54.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.12. The firm had revenue of $703.07 million for the quarter, compared to analyst estimates of $686.34 million. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The firm’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the company earned $0.22 EPS. Sell-side analysts expect that Nutanix will post 0.56 EPS for the current fiscal year.

Institutional Investors Weigh In On Nutanix

A number of large investors have recently added to or reduced their stakes in the company. Rhumbline Advisers raised its position in shares of Nutanix by 102.0% during the 3rd 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 in the last quarter. Vinva Investment Management Ltd raised its position in shares of Nutanix by 222.8% during the 3rd 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 in the last quarter. Nordea Investment Management AB raised its position in shares of Nutanix by 22.8% during the 4th 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 in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Nutanix by 674.7% during the 3rd 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 in the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Nutanix by 1,196.7% during the 4th quarter. SG Americas Securities LLC now owns 139,509 shares of the technology company’s stock worth $7,211,000 after buying an additional 128,750 shares in the last quarter. 85.25% of the stock is owned by institutional investors and hedge funds.

Key Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix reported Q3 EPS of $0.47 versus estimates of $0.35 and revenue of $703.1 million versus expectations of $686.3 million, with revenue up 10% year over year. The beat suggests operating momentum remains strong. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
• Positive Sentiment: The company raised guidance, including FY2026 revenue outlook, which signals management confidence in the demand environment and second-half execution. Nutanix Analysts Boost Their Forecasts Following Upbeat Q3 Results
• Positive Sentiment: Analysts turned more constructive after the report, with Needham lifting its price target to $60 from $55 and Morgan Stanley raising its target to $55 from $53, reinforcing the post-earnings bullish tone. Needham price target raise
• Neutral Sentiment: William Blair kept a Hold rating, suggesting some analysts still see a balanced risk-reward profile despite the solid quarter. Balanced Risk-Reward Keeps Nutanix at Hold Despite Strong Q3 Execution and Growth
• Negative Sentiment: Even after the upbeat results, the stock still faces a relatively high valuation versus its recent trading range, which may limit near-term upside if growth slows or margins compress.

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.