Nutanix (NASDAQ:NTNX) Price Target Lowered to $63.00 at Piper Sandler

Nutanix (NASDAQ:NTNX) had its price objective reduced by Piper Sandler from $72.00 to $63.00 in a research note published on Thursday morning,Benzinga reports. They currently have an overweight rating on the technology company’s stock.

NTNX has been the subject of a number of other research reports. UBS Group set a $57.00 price target on shares of Nutanix in a report on Monday, February 9th. JPMorgan Chase & Co. lowered their price objective on Nutanix from $78.00 to $65.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Morgan Stanley dropped their target price on Nutanix from $62.00 to $56.00 and set an “equal weight” rating for the company in a report on Tuesday. Oppenheimer initiated coverage on Nutanix in a report on Monday, November 17th. They set an “outperform” rating and a $90.00 price target on the stock. Finally, The Goldman Sachs Group dropped their price objective on shares of Nutanix from $75.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, February 9th. Eleven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Nutanix presently has an average rating of “Moderate Buy” and a consensus target price of $62.43.

Nutanix Stock Performance

NASDAQ NTNX opened at $39.97 on Thursday. The stock has a 50 day moving average price of $45.38 and a 200-day moving average price of $58.94. Nutanix has a one year low of $35.39 and a one year high of $83.36. The company has a market capitalization of $10.81 billion, a P/E ratio of 43.45, a P/E/G ratio of 4.18 and a beta of 0.48.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.12. Nutanix had a net margin of 9.95% and a negative return on equity of 39.30%. The company had revenue of $722.83 million for the quarter, compared to analysts’ expectations of $709.83 million. During the same quarter in the previous year, the business posted $0.47 earnings per share. Nutanix’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, equities analysts predict that Nutanix will post 0.31 EPS for the current fiscal year.

Institutional Trading of Nutanix

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Nutanix by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 27,514,943 shares of the technology company’s stock worth $1,422,247,000 after purchasing an additional 832,468 shares during the last quarter. AQR Capital Management LLC boosted its position in Nutanix by 72.8% in the 4th quarter. AQR Capital Management LLC now owns 11,452,714 shares of the technology company’s stock valued at $591,991,000 after buying an additional 4,826,443 shares during the period. Geode Capital Management LLC grew its stake in Nutanix by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 5,283,964 shares of the technology company’s stock worth $272,452,000 after acquiring an additional 135,533 shares in the last quarter. FIL Ltd increased its position in shares of Nutanix by 180.1% during the fourth quarter. FIL Ltd now owns 4,333,937 shares of the technology company’s stock worth $224,021,000 after acquiring an additional 2,786,929 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of Nutanix by 14.0% during the fourth quarter. First Trust Advisors LP now owns 3,647,276 shares of the technology company’s stock valued at $188,528,000 after acquiring an additional 447,806 shares in the last quarter. 85.25% of the stock is owned by hedge funds and other institutional investors.

Nutanix News Roundup

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Strategic AI deal with AMD — AMD agreed to a multi‑year AI infrastructure partnership and will invest in Nutanix common stock (reported as a ~$150M equity purchase at about $36.26/share), plus up to $100M in joint engineering/go‑to‑market support. The deal boosts NTNX’s credibility in enterprise AI infrastructure and is the main positive catalyst lifting the stock. Quiver Quant: Nutanix jumps as AMD takes strategic stake
• Positive Sentiment: Q2 results beat — Nutanix reported fiscal Q2 revenue of $722.8M and adjusted EPS $0.56, topping consensus on both metrics and showing ~10% YoY revenue growth, which supports the bull case that demand (especially AI/customer migrations) is intact. GlobeNewswire: Q2 results
• Positive Sentiment: Unusually heavy call buying — Volume in call options spiked (~7,474 calls), signaling speculative or hedged bullish interest from traders following the earnings/AMD news. (Market micro signal; not a fundamentals change.)
• Neutral Sentiment: Investor events — Management will present at the Morgan Stanley TMT Conference on March 2, which gives investors another forum for management to amplify the AMD strategy and roadmap. GlobeNewswire: Investor conference
• Negative Sentiment: Near‑term guidance & supply constraints — Nutanix trimmed/issued revenue guidance for the upcoming quarter (Q3 revenue guide $680–$690M vs. consensus ≈ $701M) and cited supply constraints that could cap near‑term growth despite strong bookings; this is the main drag on the stock’s forward outlook. Seeking Alpha: Demand surge running into supply constraints
• Negative Sentiment: Analyst revisions are mixed to negative — Several firms adjusted price targets and forecasts after Q2: UBS raised its target (buy), but multiple firms (Barclays, Bank of America, Piper Sandler among others) modified targets/forecasts, with some downgrades to estimates that reflect near‑term execution risk. These conflicting signals create short‑term volatility. Benzinga: Analysts cut forecasts
• Negative Sentiment: Insider selling and mixed institutional repositioning — Recent disclosures show insider sales and large institutional rebalances noted by data aggregators, which can amplify downside if selling momentum builds.

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.