Barclays Has Lowered Expectations for Nutanix (NASDAQ:NTNX) Stock Price

Nutanix (NASDAQ:NTNX) had its price target dropped by equities research analysts at Barclays from $53.00 to $47.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the technology company’s stock. Barclays‘s target price would indicate a potential upside of 22.78% from the company’s previous close.

NTNX has been the topic of several other reports. Needham & Company LLC cut their target price on Nutanix from $65.00 to $55.00 and set a “buy” rating on the stock in a research report on Thursday. Northland Securities dropped their price target on Nutanix from $76.00 to $53.00 and set a “market perform” rating for the company in a research note on Wednesday, November 26th. Bank of America reduced their price objective on Nutanix from $75.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday. Royal Bank Of Canada set a $55.00 target price on shares of Nutanix in a research report on Wednesday, February 11th. Finally, Piper Sandler restated an “overweight” rating and issued a $72.00 price target (down from $88.00) on shares of Nutanix in a report on Wednesday, November 26th. Eleven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $62.43.

Nutanix Stock Performance

Nutanix stock opened at $38.28 on Thursday. Nutanix has a 1 year low of $35.39 and a 1 year high of $83.36. The firm has a 50 day moving average price of $45.10 and a 200 day moving average price of $58.73. The company has a market cap of $10.35 billion, a price-to-earnings ratio of 41.61, a PEG ratio of 4.35 and a beta of 0.48.

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

Hedge Funds Weigh In On Nutanix

Several hedge funds and other institutional investors have recently bought and sold shares of NTNX. AlphaQuest LLC boosted its holdings in Nutanix by 2,005.7% in the 2nd quarter. AlphaQuest LLC now owns 4,822 shares of the technology company’s stock worth $369,000 after acquiring an additional 4,593 shares during the period. Nisa Investment Advisors LLC lifted its position in shares of Nutanix by 11.3% during the second quarter. Nisa Investment Advisors LLC now owns 55,104 shares of the technology company’s stock worth $4,212,000 after purchasing an additional 5,588 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Nutanix by 45.5% in the second quarter. Envestnet Asset Management Inc. now owns 53,170 shares of the technology company’s stock valued at $4,064,000 after purchasing an additional 16,621 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of Nutanix by 3.4% in the second quarter. Teacher Retirement System of Texas now owns 38,464 shares of the technology company’s stock valued at $2,940,000 after purchasing an additional 1,277 shares during the period. Finally, Atria Investments Inc grew its holdings in Nutanix by 117.2% during the 2nd quarter. Atria Investments Inc now owns 10,609 shares of the technology company’s stock valued at $811,000 after purchasing an additional 5,724 shares in the last quarter. 85.25% of the stock is owned by institutional investors and hedge funds.

Key Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: AMD strategic partnership and investment — AMD announced a multi‑year AI infrastructure partnership and a $250M package (about $150M equity at ~$36.26/sh and up to $100M for joint engineering/go‑to‑market), validating Nutanix’s enterprise AI positioning and drawing immediate buyer interest. AMD and Nutanix Announce Strategic Partnership to Advance an Open and Scalable Platform for Enterprise AI
• Positive Sentiment: Quarterly beat and customer momentum — Q2 results topped estimates (revenue ≈ $722.8M; adjusted EPS $0.56), with >1,000 new customers and the strongest new‑logo growth in eight years, supporting the narrative of durable demand for Nutanix’s hybrid cloud stack. Nutanix Q2 Earnings and Revenues Beat Estimates, Sales Rise Y/Y
• Positive Sentiment: Analyst backing and investor flow — Some firms raised/maintained bullish views (e.g., UBS bumped its PT to $60 with a Buy), and there was elevated call‑option activity, both of which have supported near‑term upside interest. Analyst Price Target Coverage (Benzinga)
• Neutral Sentiment: Strategic visibility — Coverage highlights Nutanix’s role in niche enterprise clouds (Nasdaq futures ecosystem and evolving cloud use cases), which supports narrative but is longer‑term and less likely to move the stock immediately. Nutanix Plays a Critical Role In Nasdaq Futures Cloud Ecosystem
• Neutral Sentiment: Investor access — Management will present at the Morgan Stanley TMT conference next week, offering additional opportunity for guidance color and investor Q&A. Nutanix to Present at Upcoming Investor Conference
• Negative Sentiment: FY26 revenue target cut and supply constraints — Management set FY26 revenue guidance to $2.80B–$2.84B and cited supply‑chain delays as the reason, signaling that demand is outpacing available hardware capacity and weighing on near‑term growth. Nutanix outlines $2.8B–$2.84B FY26 revenue target amid AMD partnership and supply chain delays
• Negative Sentiment: Demand > supply dynamic and revenue timing — Reports note bookings are strong but constrained by component availability, which can push revenue recognition later and inject execution risk into near‑term results. Nutanix: Demand Surge Is Now Running Into Supply Constraints
• Negative Sentiment: Analyst trims and insider/institutional flows — Several banks trimmed targets (Barclays cut to $47 equal‑weight; others trimmed forecasts) and filings show notable institutional rebalancing and insider sales, adding upward pressure to near‑term sentiment. Nutanix jumps as AMD takes strategic stake and the company posts a quarterly beat

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.