Nutanix (NASDAQ:NTNX) Cut to Hold at Zacks Research

Nutanix (NASDAQ:NTNX) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.

Several other equities analysts have also recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Nutanix from $44.00 to $50.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Needham & Company LLC increased their price objective on Nutanix from $60.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, August 27th. Oppenheimer raised their target price on Nutanix from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Nutanix in a research report on Thursday, May 28th. Finally, Wells Fargo & Company upped their price target on Nutanix from $55.00 to $65.00 and gave the stock an “equal weight” rating in a report on Thursday, August 27th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $72.71.

Nutanix Stock Performance

Shares of NTNX stock opened at $66.69 on Monday. The firm has a market capitalization of $18.03 billion, a PE ratio of 12.92, a price-to-earnings-growth ratio of 3.90 and a beta of 0.62. The firm has a fifty day simple moving average of $58.97 and a two-hundred day simple moving average of $48.63. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 1.92. Nutanix has a 12 month low of $34.01 and a 12 month high of $82.42.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.11. Nutanix had a net margin of 52.81% and a negative return on equity of 90.13%. The firm had revenue of $757.08 million for the quarter, compared to analyst estimates of $738.27 million. During the same period last year, the firm earned $0.37 earnings per share. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. Analysts forecast that Nutanix will post 1.02 EPS for the current fiscal year.

Institutional Investors Weigh In On Nutanix

Several large investors have recently made changes to their positions in the business. CoreCap Advisors LLC raised its stake in shares of Nutanix by 28.6% during the 2nd quarter. CoreCap Advisors LLC now owns 900 shares of the technology company’s stock worth $46,000 after purchasing an additional 200 shares during the period. Utah Retirement Systems increased its holdings in Nutanix by 0.6% during the fourth quarter. Utah Retirement Systems now owns 42,355 shares of the technology company’s stock worth $2,189,000 after buying an additional 257 shares during the last quarter. International Assets Investment Management LLC raised its position in Nutanix by 5.8% in the first quarter. International Assets Investment Management LLC now owns 4,700 shares of the technology company’s stock worth $179,000 after acquiring an additional 259 shares during the period. CX Institutional raised its position in Nutanix by 134.6% in the second quarter. CX Institutional now owns 488 shares of the technology company’s stock worth $25,000 after acquiring an additional 280 shares during the period. Finally, Summit Securities Group LLC boosted its stake in Nutanix by 26.4% in the fourth quarter. Summit Securities Group LLC now owns 1,356 shares of the technology company’s stock valued at $70,000 after acquiring an additional 283 shares during the last quarter. 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: Nutanix announced capabilities designed to help organizations run production “agentic AI” workloads with greater flexibility. The initiative reinforces the company’s strategy of positioning its hybrid multicloud platform as an AI infrastructure alternative. Nutanix Empowers Organizations to Run Production Agentic AI Their Way
• Positive Sentiment: Northland Securities raised its Q1 fiscal 2027 EPS forecast to $0.29 from $0.24 and projected fiscal 2028 EPS of $1.05. Its fiscal 2027 estimate of $1.01 also remains above the broader current-year consensus of $0.97, suggesting expectations for continued earnings growth over time. Equities Analysts Set Expectations for Nutanix Q1 Earnings
• Neutral Sentiment: Northland’s revisions were mixed: estimates increased for Q1 fiscal 2027 and fiscal 2028, but the firm lowered Q2 fiscal 2027 EPS to $0.32 from $0.35, Q3 to $0.18 from $0.22, and full-year fiscal 2027 to $1.01 from $1.03. The changes indicate near-term caution despite a constructive longer-term outlook.
• Negative Sentiment: Broadcom is expanding VMware’s AI capabilities to compete more directly with Nutanix and Microsoft. A stronger VMware offering could increase competitive pressure in virtualization, private cloud and AI infrastructure—key markets for Nutanix—and may be the clearest immediate headwind for the stock. Broadcom Boosts VMware AI Push to Challenge Nutanix and Microsoft

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.