FY2027 Earnings Forecast for Nutanix Issued By KeyCorp

Nutanix (NASDAQ:NTNX) – Equities research analysts at KeyCorp issued their FY2027 earnings estimates for Nutanix in a research report issued to clients and investors on Wednesday, November 26th. KeyCorp analyst B. Nispel expects that the technology company will earn $1.27 per share for the year. KeyCorp has a “Overweight” rating and a $65.00 price objective on the stock. The consensus estimate for Nutanix’s current full-year earnings is $0.31 per share. KeyCorp also issued estimates for Nutanix’s FY2029 earnings at $2.57 EPS and FY2030 earnings at $3.36 EPS.

Nutanix (NASDAQ:NTNX) last announced its earnings results on Tuesday, November 25th. The technology company reported $0.41 earnings per share for the quarter, meeting the consensus estimate of $0.41. The firm had revenue of $670.58 million during the quarter, compared to the consensus estimate of $677.23 million. Nutanix had a negative return on equity of 28.01% and a net margin of 7.42%.The firm’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.42 EPS. Nutanix has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. decreased their price target on shares of Nutanix from $78.00 to $65.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Needham & Company LLC reduced their target price on shares of Nutanix from $80.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Wells Fargo & Company lowered their price target on Nutanix from $71.00 to $57.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 26th. Oppenheimer started coverage on Nutanix in a report on Monday, November 17th. They issued an “outperform” rating and a $90.00 price target for the company. Finally, Northland Capmk lowered Nutanix from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 9th. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.13.

Nutanix Trading Down 1.3%

Shares of Nutanix stock opened at $47.19 on Monday. The company’s fifty day simple moving average is $67.47 and its 200-day simple moving average is $71.87. The company has a market cap of $12.68 billion, a price-to-earnings ratio of 73.74, a PEG ratio of 6.55 and a beta of 0.54. Nutanix has a 1 year low of $46.74 and a 1 year high of $83.36.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank acquired a new stake in Nutanix during the 2nd quarter valued at $263,938,000. AQR Capital Management LLC grew its holdings in shares of Nutanix by 40.6% during the third quarter. AQR Capital Management LLC now owns 6,626,271 shares of the technology company’s stock worth $492,928,000 after purchasing an additional 1,914,005 shares during the last quarter. Marshall Wace LLP increased its stake in shares of Nutanix by 75.9% in the second quarter. Marshall Wace LLP now owns 3,279,107 shares of the technology company’s stock valued at $250,655,000 after buying an additional 1,415,117 shares in the last quarter. Jericho Capital Asset Management L.P. raised its holdings in shares of Nutanix by 46.8% in the first quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock valued at $286,430,000 after buying an additional 1,308,357 shares during the last quarter. Finally, Nuveen LLC acquired a new position in Nutanix during the 1st quarter worth about $86,949,000. 85.25% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Nutanix

In related news, Director Teresa Gayle Sheppard sold 3,500 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total transaction of $267,680.00. Following the completion of the sale, the director owned 22,400 shares in the company, valued at $1,713,152. This trade represents a 13.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Rukmini Sivaraman sold 11,391 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total transaction of $892,370.94. Following the completion of the transaction, the chief financial officer owned 254,637 shares in the company, valued at approximately $19,948,262.58. This trade represents a 4.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 159,598 shares of company stock valued at $12,218,560 in the last 90 days. 2.40% of the stock is owned by corporate insiders.

About Nutanix

Nutanix, Inc engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. It operates through the following geographic segments: United States, Europe, the Middle East, Africa, Asia Pacific, and Other Americas. The firm also provides software solutions and cloud services to customers’ enterprise infrastructure.