Nutanix (NASDAQ:NTNX) Price Target Cut to $60.00 by Analysts at Bank of America

Nutanix (NASDAQ:NTNX) had its target price decreased by investment analysts at Bank of America from $75.00 to $60.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. Bank of America‘s price target indicates a potential upside of 56.09% from the stock’s current price.

Other analysts have also recently issued research reports about the company. Northland Securities reduced their price target on Nutanix from $76.00 to $53.00 and set a “market perform” rating for the company in a research report on Wednesday, November 26th. Barclays restated an “equal weight” rating and issued a $53.00 target price (down from $64.00) on shares of Nutanix in a report on Thursday, January 15th. Zacks Research lowered shares of Nutanix from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nutanix in a report on Monday, December 29th. Finally, Morgan Stanley lowered their target price on shares of Nutanix from $62.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $64.60.

Nutanix Stock Up 1.5%

Shares of NTNX opened at $38.44 on Thursday. The firm has a market cap of $10.39 billion, a price-to-earnings ratio of 51.25, a price-to-earnings-growth ratio of 4.12 and a beta of 0.48. The company’s fifty day moving average is $45.60 and its 200-day moving average is $59.07. Nutanix has a 12 month low of $35.39 and a 12 month high of $83.36.

Nutanix (NASDAQ:NTNX) last released its quarterly earnings data on Tuesday, November 25th. The technology company reported $0.41 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.41. The business had revenue of $670.58 million during the quarter, compared to analyst estimates of $677.23 million. Nutanix had a net margin of 8.43% and a negative return on equity of 32.95%. Nutanix’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.42 EPS. As a group, research analysts predict that Nutanix will post 0.31 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nutanix

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

Key Headlines Impacting Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix announced a strategic AI infrastructure partnership and sold 4,136,789 Class A shares to AMD in a roughly $150M deal — investors view this as a “halo” that accelerates go-to-market for AI workloads and strengthens channel/technology ties. Nutanix, AMD Forge Strategic AI Infrastructure Partnership Deal
• Positive Sentiment: Q2 results topped expectations: revenue rose to about $722.8M and EPS beat consensus (reported EPS ~ $0.56 vs. estimates ~ $0.44), showing demand strength and helping re-rate sentiment around growth durability. Nutanix (NTNX) Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Wall Street support persists: William Blair reiterated a Buy and highlighted VMware-replacement tailwinds and AI upside as a long-term bull case, which helps sustain investor conviction. Nutanix: Strengthening Fundamentals…
• Neutral Sentiment: Company filed its official Q2 press release and provided materials/slides for the quarter — useful for digging into contract metrics, product mix, and the AMD partnership details. Nutanix Reports Second Quarter Fiscal 2026 Financial Results
• Neutral Sentiment: Full earnings call transcript is available for detailed commentary from management on product adoption, cloud migration timing, and the AMD relationship. Nutanix, Inc. (NTNX) Q2 2026 Earnings Call Transcript
• Negative Sentiment: Management’s Q3 revenue guide of about $680M–$690M came in below consensus (~$701M), which caps near-term upside as investors reconcile the beat with softer forward revenue pacing. Nutanix Reports Second Quarter Fiscal 2026 Financial Results
• Negative Sentiment: Analysts warn growth is moderating due to revenue timing and higher server costs, a margin/headwind risk that could pressure forward guidance and investor expectations if sustained. Nutanix’s Growth Continues to Moderate…

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.