Equities Analysts Set Expectations for Nutanix Q3 Earnings

Key Points

• Rosenblatt Securities projects Nutanix will report $0.07 EPS for Q3 2026 and maintains a Strong-Buy rating, forecasting growth to $1.54 FY2028 EPS while the current consensus full‑year estimate sits near $0.31.
• Analyst sentiment is mixed but tilted positive with a MarketBeat consensus of Moderate Buy and an average price target of $62.27, even as firms like Goldman Sachs and Barclays have cut targets and the stock trades around $39.50.
• Nutanix recently beat quarterly expectations (EPS $0.56 vs $0.44; revenue $722.8M, +10.4% YoY), the board increased the share repurchase by $750M, and new AI/bare‑metal product launches provide catalysts, though the market has pulled back amid profit‑taking and timing/execution concerns.

Nutanix (NASDAQ:NTNX - Free Report) - Rosenblatt Securities issued their Q3 2026 earnings estimates for Nutanix in a research report issued on Wednesday, April 1st. Rosenblatt Securities analyst B. Abernethy anticipates that the technology company will post earnings of $0.07 per share for the quarter. Rosenblatt Securities has a "Strong-Buy" rating on the stock. The consensus estimate for Nutanix's current full-year earnings is $0.31 per share. Rosenblatt Securities also issued estimates for Nutanix's Q4 2026 earnings at $0.24 EPS, FY2026 earnings at $0.67 EPS, Q1 2027 earnings at $0.23 EPS, Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.24 EPS, Q4 2027 earnings at $0.34 EPS, FY2027 earnings at $1.21 EPS, Q1 2028 earnings at $0.31 EPS, Q2 2028 earnings at $0.48 EPS and FY2028 earnings at $1.54 EPS.

Several other equities research analysts also recently issued reports on the stock. The Goldman Sachs Group decreased their price objective on shares of Nutanix from $75.00 to $60.00 and set a "buy" rating for the company in a research note on Monday, February 9th. Barclays decreased their target price on shares of Nutanix from $53.00 to $47.00 and set an "equal weight" rating for the company in a research note on Thursday, February 26th. William Blair restated a "market perform" rating on shares of Nutanix in a research note on Monday, March 23rd. Wall Street Zen downgraded shares of Nutanix from a "buy" rating to a "hold" rating in a research note on Tuesday, March 10th. Finally, Royal Bank Of Canada set a $55.00 target price on shares of Nutanix in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $62.27.

Nutanix Stock Down 0.1%

NTNX opened at $39.50 on Wednesday. Nutanix has a 52-week low of $35.39 and a 52-week high of $83.36. The company has a 50 day moving average of $39.84 and a two-hundred day moving average of $52.47. The company has a market cap of $10.48 billion, a P/E ratio of 42.94, a P/E/G ratio of 4.40 and a beta of 0.52.

Nutanix (NASDAQ:NTNX - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.12. Nutanix had a net margin of 9.95% and a negative return on equity of 37.41%. The company had revenue of $722.83 million during the quarter, compared to the consensus estimate of $709.83 million. During the same period in the previous year, the firm earned $0.47 earnings per share. Nutanix's revenue for the quarter was up 10.4% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. New Millennium Group LLC bought a new position in Nutanix during the 4th quarter valued at $28,000. V Square Quantitative Management LLC bought a new position in Nutanix during the 4th quarter valued at $39,000. Covestor Ltd boosted its stake in Nutanix by 73.1% during the 4th quarter. Covestor Ltd now owns 767 shares of the technology company's stock valued at $40,000 after acquiring an additional 324 shares during the last quarter. Harbour Investments Inc. boosted its stake in Nutanix by 159.4% during the 4th quarter. Harbour Investments Inc. now owns 817 shares of the technology company's stock valued at $42,000 after acquiring an additional 502 shares during the last quarter. Finally, GW&K Investment Management LLC boosted its stake in Nutanix by 78.7% during the 4th quarter. GW&K Investment Management LLC now owns 981 shares of the technology company's stock valued at $51,000 after acquiring an additional 432 shares during the last quarter. 85.25% of the stock is currently owned by hedge funds and other institutional investors.

Key Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Board ups buyback by $750M (total ~ $779M), a near‑term capital return that supports EPS and signals management confidence. Nutanix Announces $750 Million Increase to Share Repurchase Authorization
• Positive Sentiment: Launch of NKP Metal extends Nutanix Kubernetes Platform to bare‑metal, targeting high‑performance AI and edge workloads — could win customers needing dense GPU/low‑latency stacks. Nutanix Introduces NKP Metal, Bringing Bare‑Metal Kubernetes to its Platform
• Positive Sentiment: Expanded Agentic AI and multitenancy features (GPU‑aaS, Models‑as‑a‑Service, usage metering) position Nutanix to serve “neocloud” AI providers and enterprise sovereign AI deployments. Nutanix Unveils Enhancements to Agentic AI Solution for Secure Multitenant AI Cloud Services
• Positive Sentiment: Nutanix Cloud Platform updates (unified storage NUS 5.3, Data Lens 2.0, AI‑focused services) aim to capture AI workload spend and help customers reuse on‑prem hardware when supply chains constrain new purchases. Nutanix Introduces Expanded Capabilities to Cloud Platform for Optimizing AI Workloads and Infrastructure Flexibility
• Positive Sentiment: Strategic integration with NetApp (ONTAP/AFF & FAS) broadens storage choices for customers and simplifies VM migrations — a partnership that can accelerate enterprise deals. Nutanix and NetApp Form Strategic Alliance with New Integration for a Modern Cloud Platform
• Positive Sentiment: Certified integration of Nutanix Database Service with MongoDB Ops Manager streamlines DB lifecycle and recovery (PITR, automated sharded cluster provisioning) — a practical win for large DB customers. Nutanix Announces Certified Integration of Database Service with MongoDB Ops Manager to Streamline Operations and Enhance Data Recovery
• Positive Sentiment: Elevate Service Provider program and Service Provider Central (multitenant platform + onboarding incentives) could accelerate channel growth and capture former VMware partners. Nutanix Enhances Elevate Service Provider Program with New Multitenant Capabilities and Onboarding Incentives
• Neutral Sentiment: Investor/analyst day transcript available — useful for details on financial targets and product timelines but contains routine mgmt commentary rather than new commitments. Nutanix, Inc. (NTNX) Analyst/Investor Day Transcript
• Negative Sentiment: Market reaction: recent coverage notes a share pullback (price weakness) — investors appear to be taking profits after prior rallies and pricing in near‑term execution/timing risk on H2 product rollouts. Nutanix (NTNX) Stock Sinks As Market Gains: What You Should Know

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.

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