Nutanix (NASDAQ:NTNX) Given New $85.00 Price Target at Oppenheimer

Nutanix (NASDAQ:NTNX) had its price objective lifted by analysts at Oppenheimer from $80.00 to $85.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the technology company’s stock. Oppenheimer’s target price suggests a potential upside of 20.86% from the company’s current price.

Several other research firms have also issued reports on NTNX. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Nutanix in a report on Tuesday. Bank of America reissued a “buy” rating on shares of Nutanix in a research report on Thursday. Wells Fargo & Company boosted their price objective on Nutanix from $55.00 to $65.00 and gave the company an “equal weight” rating in a research note on Thursday. Piper Sandler restated an “overweight” rating and set a $75.00 target price on shares of Nutanix in a research report on Thursday. Finally, Northland Securities set a $47.00 target price on Nutanix in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.71.

Nutanix Trading Up 7.6%

NTNX stock traded up $4.94 during trading on Thursday, hitting $70.33. The company had a trading volume of 1,274,696 shares, compared to its average volume of 4,006,340. The stock has a market cap of $19.01 billion, a PE ratio of 74.18, a PEG ratio of 4.25 and a beta of 0.60. Nutanix has a one year low of $34.01 and a one year high of $82.42. The business has a 50-day moving average of $57.25 and a 200-day moving average of $47.86.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.11. Nutanix had a net margin of 10.03% and a negative return on equity of 38.96%. The company had revenue of $757.08 million for the quarter, compared to analyst estimates of $738.27 million. During the same period in the prior year, the firm posted $0.37 EPS. The company’s quarterly revenue was up 15.9% on a year-over-year basis. Research analysts forecast that Nutanix will post 0.73 EPS for the current year.

Institutional Investors Weigh In On Nutanix

A number of hedge funds have recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Nutanix during the second quarter worth approximately $4,296,000. California State Teachers Retirement System lifted its holdings in shares of Nutanix by 4,834.4% in the 2nd quarter. California State Teachers Retirement System now owns 14,870,638 shares of the technology company’s stock worth $757,808,000 after purchasing an additional 14,569,274 shares in the last quarter. Paralel Advisors LLC grew its position in Nutanix by 58.6% in the 2nd quarter. Paralel Advisors LLC now owns 60,770 shares of the technology company’s stock valued at $3,097,000 after purchasing an additional 22,453 shares during the period. Wedmont Private Capital bought a new stake in Nutanix during the 2nd quarter valued at $227,000. Finally, HB Wealth Management LLC lifted its stake in shares of Nutanix by 63.7% in the second quarter. HB Wealth Management LLC now owns 15,388 shares of the technology company’s stock valued at $784,000 after buying an additional 5,987 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Nutanix News Summary

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix reported fourth-quarter adjusted EPS of $0.60, above the $0.49 consensus estimate, while revenue increased 15.9% year over year to $757.1 million, exceeding expectations of $738.3 million. The company also cited 16% annual recurring revenue growth and strong free cash flow. Nutanix Reports Fourth Quarter and Fiscal 2026 Financial Results
• Positive Sentiment: Partnerships and product expansion involving AMD, Nvidia and AI are strengthening Nutanix’s hybrid-cloud narrative. New controls for deploying agentic AI across hybrid environments could create additional demand and support future bookings growth. Nutanix expands cloud platform with controls for agentic AI
• Positive Sentiment: Needham raised its price target to $85 from $60 and reaffirmed a Buy rating, citing strong execution, growth prospects and partnership upside. Rosenblatt also increased its target to $75. Needham raises Nutanix price target
• Neutral Sentiment: Fiscal 2027 first-quarter revenue guidance of $755 million to $765 million and full-year revenue guidance of approximately $3.2 billion were broadly consistent with analyst estimates. The lack of a major guidance upgrade may be limiting further upside.
• Negative Sentiment: After the earnings-driven advance, investors may be locking in gains, particularly because Nutanix trades at a relatively elevated valuation. The company’s negative return on equity and modest forward outlook provide additional reasons for caution.

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.