Brokers Issue Forecasts for Nutanix Q1 Earnings

Nutanix (NASDAQ:NTNX) – Equities research analysts at Northland Securities issued their Q1 2028 EPS estimates for Nutanix in a report issued on Thursday, August 27th. Northland Securities analyst N. Chokshi expects that the technology company will earn $0.23 per share for the quarter. The consensus estimate for Nutanix’s current full-year earnings is $0.97 per share. Northland Securities also issued estimates for Nutanix’s Q2 2028 earnings at $0.33 EPS and Q4 2028 earnings at $0.29 EPS.

Other research analysts have also issued reports about the company. Zacks Research raised Nutanix from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Piper Sandler reissued an “overweight” rating and issued a $75.00 price target (up from $60.00) on shares of Nutanix in a report on Thursday. Oppenheimer boosted their price target on Nutanix from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Royal Bank Of Canada upped their price objective on shares of Nutanix from $84.00 to $90.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. Finally, Rosenblatt Securities increased their price objective on shares of Nutanix from $60.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $72.71.

Nutanix Stock Down 0.9%

Nutanix stock opened at $68.57 on Monday. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.80 and a quick ratio of 1.78. The stock has a market capitalization of $18.54 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 4.11 and a beta of 0.60. Nutanix has a 1-year low of $34.01 and a 1-year high of $82.42. The business has a fifty day moving average price of $58.60 and a 200-day moving average price of $48.45.

Nutanix (NASDAQ:NTNX) last issued its quarterly earnings results on Wednesday, August 26th. The technology company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. The business had revenue of $757.08 million for the quarter, compared to the consensus estimate of $738.27 million. Nutanix had a negative return on equity of 90.13% and a net margin of 52.81%.The business’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.37 earnings per share.

Institutional Trading of Nutanix

Several large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System raised its stake in shares of Nutanix by 4,834.4% in the second 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 during the last quarter. AQR Capital Management LLC boosted its position in Nutanix by 72.8% in the fourth 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 last quarter. Norges Bank purchased a new stake in Nutanix in the fourth quarter valued at approximately $187,169,000. Assenagon Asset Management S.A. increased its holdings in Nutanix by 1,535.2% in the 2nd quarter. Assenagon Asset Management S.A. now owns 3,262,231 shares of the technology company’s stock worth $166,243,000 after buying an additional 3,062,730 shares during the period. Finally, FIL Ltd increased its holdings in Nutanix by 180.1% in the 4th quarter. FIL Ltd now owns 4,333,937 shares of the technology company’s stock worth $224,021,000 after buying an additional 2,786,929 shares during the period. Hedge funds and other institutional investors own 85.25% of the company’s stock.

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.