Nutanix (NASDAQ:NTNX) Stock Price Expected to Rise, Oppenheimer Analyst Says

Nutanix (NASDAQ:NTNX) had its price target hoisted 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 price objective would suggest a potential upside of 20.86% from the company’s current price.

A number of other research analysts have also recently commented on the company. The Goldman Sachs Group restated a “buy” rating on shares of Nutanix in a research report on Thursday, May 28th. Wells Fargo & Company increased their price objective on shares of Nutanix from $55.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Thursday. Bank of America restated a “buy” rating on shares of Nutanix in a research report on Thursday. Wall Street Zen raised shares of Nutanix from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Finally, Rosenblatt Securities upped their target price on Nutanix from $60.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $68.71.

Nutanix Price Performance

Shares of Nutanix stock traded up $4.94 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 50-day moving average of $57.25 and a 200-day moving average of $47.86. Nutanix has a twelve month low of $34.01 and a twelve month high of $82.42. The firm has a market capitalization of $19.01 billion, a P/E ratio of 74.18, a P/E/G ratio of 4.25 and a beta of 0.60.

Nutanix (NASDAQ:NTNX) last released its earnings results on Wednesday, August 26th. The technology company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.49 by $0.11. The firm had revenue of $757.08 million for the quarter, compared to analysts’ expectations of $738.27 million. Nutanix had a negative return on equity of 38.96% and a net margin of 10.03%.The business’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.37 EPS. Equities analysts predict that Nutanix will post 0.73 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. CX Institutional grew its holdings in Nutanix by 134.6% during the 2nd quarter. CX Institutional now owns 488 shares of the technology company’s stock worth $25,000 after acquiring an additional 280 shares during the last quarter. Western Wealth Management LLC acquired a new position in shares of Nutanix during the first quarter worth $27,000. New Millennium Group LLC acquired a new position in shares of Nutanix during the fourth quarter worth $28,000. Covestor Ltd grew its stake in shares of Nutanix by 73.1% in the fourth quarter. Covestor Ltd now owns 767 shares of the technology company’s stock worth $40,000 after purchasing an additional 324 shares during the last quarter. Finally, Harbour Investments Inc. increased its holdings in Nutanix by 159.4% in the fourth quarter. Harbour Investments Inc. now owns 817 shares of the technology company’s stock valued at $42,000 after purchasing an additional 502 shares during the period. Institutional investors and hedge funds own 85.25% of the company’s stock.

Key Stories Impacting Nutanix

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.