Nutanix (NASDAQ:NTNX) Issues Quarterly Earnings Results, Beats Expectations By $0.12 EPS

Nutanix (NASDAQ:NTNX) announced its earnings results on Wednesday. The technology company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.35 by $0.12, FiscalAI reports. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The business had revenue of $703.07 million for the quarter, compared to analysts’ expectations of $686.34 million. During the same period in the prior year, the business posted $0.22 earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis.

Here are the key takeaways from Nutanix’s conference call:

• Nutanix reported a strong Q3 with revenue of $703 million, ARR up 15% year over year to $2.43 billion, and free cash flow of $197 million, all above guidance.
• Management said bookings were strong, with Q3 TCV bookings growth cited as over 20%, and raised full-year bookings expectations versus last quarter.
• The company highlighted continued traction in external storage, public cloud (NC2), and AI/Kubernetes offerings, including notable wins with Pure Storage, Dell PowerFlex, and cloud deployments on AWS and OVHcloud.
• Nutanix raised full-year fiscal 2026 guidance to $2.82 billion-$2.84 billion of revenue, about 22.5% non-GAAP operating margin, and $760 million-$780 million of free cash flow, while Q4 guidance implies revenue of $725 million-$745 million.
• Executives said supply chain constraints and higher server prices are still delaying revenue conversion and may continue into fiscal 2027, creating pressure on customer budgets and timelines.

Nutanix Price Performance

Shares of NASDAQ NTNX opened at $46.57 on Thursday. The stock has a market capitalization of $12.35 billion, a P/E ratio of 50.62, a PEG ratio of 5.20 and a beta of 0.54. The firm’s 50 day simple moving average is $41.65 and its two-hundred day simple moving average is $45.59. Nutanix has a one year low of $34.01 and a one year high of $82.42.

Institutional Investors Weigh In On Nutanix

A number of large investors have recently added to or reduced their stakes in the company. Utah Retirement Systems grew its holdings in Nutanix by 0.6% in the 4th quarter. Utah Retirement Systems now owns 42,355 shares of the technology company’s stock worth $2,189,000 after acquiring an additional 257 shares during the last quarter. Summit Securities Group LLC raised its position in Nutanix by 26.4% during the 4th quarter. Summit Securities Group LLC now owns 1,356 shares of the technology company’s stock valued at $70,000 after purchasing an additional 283 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in Nutanix by 26.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,556 shares of the technology company’s stock valued at $80,000 after purchasing an additional 330 shares during the last quarter. Optimist Retirement Group LLC raised its holdings in shares of Nutanix by 5.8% during the second quarter. Optimist Retirement Group LLC now owns 6,380 shares of the technology company’s stock valued at $488,000 after acquiring an additional 349 shares in the last quarter. Finally, Coldstream Capital Management Inc. raised its holdings in shares of Nutanix by 10.4% during the third quarter. Coldstream Capital Management Inc. now owns 3,990 shares of the technology company’s stock valued at $297,000 after acquiring an additional 375 shares in the last quarter. Institutional investors own 85.25% of the company’s stock.

Trending Headlines about Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix topped fiscal Q3 expectations with EPS of $0.47 versus $0.35 expected and revenue of $703.1 million versus $686.3 million expected, reinforcing investor confidence in execution. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
• Positive Sentiment: The company said annual recurring revenue grew 15% year over year and free cash flow remained strong, suggesting the business is continuing to scale profitably. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
• Neutral Sentiment: Despite the strong quarter, Wall Street analysts remain cautious overall, with William Blair and Morgan Stanley both keeping Nutanix at Hold, reflecting balanced risk-reward and ongoing visibility concerns. Balanced Risk-Reward Keeps Nutanix at Hold Despite Strong Q3 Execution and Growth
• Neutral Sentiment: Management’s Q4 revenue guidance of $725 million to $745 million was broadly in line with expectations, which supports the current move but does not point to a major upside surprise from guidance alone.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Needham & Company LLC cut their target price on shares of Nutanix from $65.00 to $55.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $55.00 target price on shares of Nutanix in a research note on Wednesday, April 8th. Rosenblatt Securities reaffirmed a “buy” rating and set a $60.00 target price on shares of Nutanix in a research report on Friday, May 22nd. UBS Group raised their target price on Nutanix from $57.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Nutanix in a research report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Nutanix has an average rating of “Moderate Buy” and a consensus target price of $60.80.

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.