Nutanix (NASDAQ:NTNX) Upgraded by Rosenblatt Securities to “Strong-Buy” Rating

Nutanix (NASDAQ:NTNX) was upgraded by equities research analysts at Rosenblatt Securities to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Other research analysts have also recently issued reports about the company. The Goldman Sachs Group cut their price target on Nutanix from $75.00 to $60.00 and set a “buy” rating for the company in a report on Monday, February 9th. Bank of America reduced their price target on shares of Nutanix from $75.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Nutanix in a report on Friday, March 27th. Needham & Company LLC dropped their target price on shares of Nutanix from $65.00 to $55.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Finally, Wells Fargo & Company reduced their target price on shares of Nutanix from $57.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Nutanix has an average rating of “Moderate Buy” and an average target price of $62.27.

Nutanix Price Performance

NASDAQ NTNX opened at $41.10 on Wednesday. The stock’s 50 day simple moving average is $39.98 and its 200 day simple moving average is $53.61. Nutanix has a one year low of $35.39 and a one year high of $83.36. The firm has a market cap of $10.90 billion, a PE ratio of 44.67, a price-to-earnings-growth ratio of 4.07 and a beta of 0.52.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.12. The firm had revenue of $722.83 million during the quarter, compared to the consensus estimate of $709.83 million. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS. As a group, equities analysts expect that Nutanix will post 0.31 earnings per share for the current year.

Hedge Funds Weigh In On Nutanix

Hedge funds have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. increased its position in Nutanix by 18.2% in the second quarter. Advisors Asset Management Inc. now owns 1,453 shares of the technology company’s stock worth $111,000 after purchasing an additional 224 shares during the period. New York State Common Retirement Fund lifted its position in Nutanix by 0.8% during the 2nd quarter. New York State Common Retirement Fund now owns 131,000 shares of the technology company’s stock valued at $10,014,000 after purchasing an additional 1,102 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of Nutanix by 161.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 587,482 shares of the technology company’s stock valued at $44,907,000 after purchasing an additional 362,812 shares during the last quarter. Blueshift Asset Management LLC bought a new position in shares of Nutanix in the 2nd quarter valued at about $240,000. Finally, Beacon Pointe Advisors LLC boosted its stake in shares of Nutanix by 11.8% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 4,124 shares of the technology company’s stock valued at $315,000 after purchasing an additional 436 shares during the last quarter. Institutional investors own 85.25% of the company’s stock.

More Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Rosenblatt Securities initiated coverage with a “Buy” and set a $60 price target (~46% upside from current levels), providing a clear catalyst for investor optimism. Rosenblatt initiates coverage of Nutanix (NTNX) with buy recommendation
• Positive Sentiment: Other outlets and analysts highlighted bullish initiations on NTNX (coverage notes and top-5 analyst initiations), reinforcing the momentum from recent upgrades. This Nutanix Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday
• Positive Sentiment: Analysts’ consensus has moved toward a constructive view (consensus “Moderate Buy”), which can support buying interest from funds that follow analyst ratings. Nutanix (NASDAQ:NTNX) Receives Consensus Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Nutanix expanded its partner ecosystem: CloudCasa joined the Nutanix Kubernetes Platform partner catalog, strengthening data protection/disaster recovery capabilities for Kubernetes customers — a product win that supports long-term enterprise adoption. CloudCasa Joins Nutanix Kubernetes Platform (NKP) Partner Catalog
• Neutral Sentiment: Coverage pieces are revisiting Nutanix’s valuation after recent volatility — analysts and writers are weighing its ~$2.69B revenue and ~$267M net income against the stretched P/E and recent share declines; this is more analytical than catalytic. Reassessing Nutanix (NTNX) Valuation After Recent Share Price Volatility
• Neutral Sentiment: Market commentary asks whether NTNX is an opportunity after a ~47% one?year decline; these pieces outline risks and upside scenarios but do not constitute immediate catalysts. Is Nutanix (NTNX) Now An Opportunity After A 47% One Year Share Price Decline?
• Neutral Sentiment: A sector/comparison article contrasts Nutanix with peers (e.g., Baozun), useful for relative-value investors but not a direct price catalyst. Head to Head Comparison: Baozun (NASDAQ:BZUN) versus Nutanix (NASDAQ:NTNX)

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.