Barclays Issues Pessimistic Forecast for Nutanix (NASDAQ:NTNX) Stock Price

Key Points

• Barclays has reduced its price target for Nutanix (NASDAQ: NTNX) from $94 to $82, while maintaining an "overweight" rating, which suggests a potential upside of 27.40% from the current stock price.
• Nutanix shares recently fell by 7.5%, trading at $64.36, with a market capitalization of $17.25 billion and a P/E ratio of 138.74.
• The company reported a 19.2% increase in revenue year-over-year, with Q1 2026 guidance projecting earnings per share (EPS) of $0.31.

Nutanix (NASDAQ:NTNX - Free Report) had its price target decreased by Barclays from $94.00 to $82.00 in a research note published on Thursday,Benzinga reports. Barclays currently has an overweight rating on the technology company's stock.

A number of other brokerages also recently commented on NTNX. The Goldman Sachs Group initiated coverage on shares of Nutanix in a research note on Tuesday, July 15th. They set a "buy" rating and a $95.00 target price on the stock. KeyCorp started coverage on shares of Nutanix in a research report on Thursday, June 26th. They set an "overweight" rating and a $95.00 price target on the stock. Citigroup raised Nutanix to a "positive" rating in a research report on Tuesday, August 5th. Morgan Stanley reaffirmed an "overweight" rating and issued a $90.00 target price (up previously from $75.00) on shares of Nutanix in a research report on Tuesday, May 20th. Finally, Susquehanna lifted their price target on shares of Nutanix from $90.00 to $95.00 and gave the company a "positive" rating in a research report on Thursday, May 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $89.07.

Nutanix Stock Performance

Shares of NASDAQ:NTNX traded up $1.15 during midday trading on Thursday, hitting $67.21. The company's stock had a trading volume of 4,668,425 shares, compared to its average volume of 3,187,867. Nutanix has a 12-month low of $54.66 and a 12-month high of $83.36. The company has a market cap of $18.02 billion, a P/E ratio of 105.02, a price-to-earnings-growth ratio of 4.40 and a beta of 0.71. The business's 50 day simple moving average is $72.81 and its 200 day simple moving average is $71.90.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The technology company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. The company had revenue of $653.27 million during the quarter, compared to the consensus estimate of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 27.63%. Nutanix's quarterly revenue was up 19.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 EPS. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, sell-side analysts predict that Nutanix will post 0.31 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Groen Max Pieter De sold 5,480,467 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $76.81, for a total value of $420,954,670.27. Following the sale, the director owned 5,480,468 shares of the company's stock, valued at $420,954,747.08. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Virginia Gambale sold 7,000 shares of the firm's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $78.00, for a total transaction of $546,000.00. Following the completion of the sale, the director owned 38,330 shares in the company, valued at $2,989,740. The trade was a 15.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,491,492 shares of company stock valued at $421,797,778 over the last three months. 6.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Assenagon Asset Management S.A. lifted its stake in Nutanix by 69.7% during the first quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company's stock worth $2,784,000 after purchasing an additional 16,374 shares during the last quarter. Amalgamated Bank boosted its position in shares of Nutanix by 4.9% in the 1st quarter. Amalgamated Bank now owns 14,420 shares of the technology company's stock valued at $1,007,000 after purchasing an additional 674 shares during the period. GAMMA Investing LLC grew its stake in Nutanix by 63.7% during the 1st quarter. GAMMA Investing LLC now owns 2,768 shares of the technology company's stock worth $193,000 after buying an additional 1,077 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in Nutanix during the first quarter worth approximately $2,596,000. Finally, Sequoia Financial Advisors LLC acquired a new position in Nutanix during the first quarter worth approximately $256,000. Hedge funds and other institutional investors own 85.25% of the company's stock.

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.