Northland Securities Weighs in on Nutanix Q1 Earnings

Key Points

• Northland Securities estimates: Analyst N. Chokshi projects Nutanix will earn $0.23 per share in Q1 2028, with estimates of $0.33 for Q2 and $0.29 for Q4. Full-year consensus EPS is $0.97.
• Latest results topped expectations: Nutanix reported quarterly EPS of $0.60 versus the $0.49 consensus, while revenue reached $757.1 million compared with estimates of $738.3 million. Revenue rose 15.9% year over year.
• Analyst sentiment remains moderately positive: Multiple firms raised their price targets, and MarketBeat reports a consensus “Moderate Buy” rating with a $72.71 target price, although some analysts continue to rate the stock “Hold.”

Nutanix (NASDAQ:NTNX - Free Report) - Northland Securities issued their Q1 2028 earnings per share (EPS) estimates for Nutanix in a research report issued on Thursday, August 27th. Northland Securities analyst N. Chokshi anticipates that the technology company will post earnings of $0.23 per share for the quarter. The consensus estimate for Nutanix's current full-year earnings is $0.97 per share. Northland Securities also issued estimates for Nutanix's Q2 2028 earnings at $0.33 EPS and Q4 2028 earnings at $0.29 EPS.

Nutanix (NASDAQ:NTNX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.11. The firm had revenue of $757.08 million during the quarter, compared to analysts' expectations of $738.27 million. Nutanix had a negative return on equity of 90.13% and a net margin of 52.81%.The company's revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.37 EPS.

Several other analysts also recently weighed in on the stock. KeyCorp boosted their price target on shares of Nutanix from $65.00 to $75.00 and gave the stock an "overweight" rating in a research note on Monday, August 24th. Wall Street Zen upgraded Nutanix from a "hold" rating to a "buy" rating in a report on Saturday, July 4th. Barclays raised their price target on Nutanix from $53.00 to $75.00 and gave the stock an "equal weight" rating in a research report on Friday. Zacks Research raised Nutanix from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 27th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Nutanix in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $72.71.

Nutanix Stock Performance

NASDAQ:NTNX opened at $69.16 on Monday. The company has a market capitalization of $18.70 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 4.11 and a beta of 0.60. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.80 and a quick ratio of 1.78. Nutanix has a 1-year low of $34.01 and a 1-year high of $82.42. The business has a 50 day moving average of $58.16 and a 200 day moving average of $48.26.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. CX Institutional boosted its holdings in Nutanix by 134.6% in the second quarter. CX Institutional now owns 488 shares of the technology company's stock valued at $25,000 after acquiring an additional 280 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of Nutanix in the 1st quarter worth approximately $27,000. New Millennium Group LLC bought a new position in Nutanix in the fourth quarter worth $28,000. Covestor Ltd increased its stake in shares of Nutanix by 73.1% in the 4th quarter. Covestor Ltd now owns 767 shares of the technology company's stock worth $40,000 after acquiring an additional 324 shares in the last quarter. Finally, Harbour Investments Inc. increased its stake in shares of Nutanix by 159.4% during the fourth quarter. Harbour Investments Inc. now owns 817 shares of the technology company's stock valued at $42,000 after purchasing an additional 502 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company's stock.

Trending Headlines about Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Results beat expectations: Nutanix reported fiscal Q4 revenue of $757.1 million and adjusted earnings of $0.60 per share, surpassing Wall Street estimates of $738.3 million and $0.49, respectively. Revenue increased 15.9% year over year. Nutanix Tops Estimates in Q4, Shares Jump
• Positive Sentiment: AI partnership strengthens the growth story: AMD’s equity investment in Nutanix, combined with joint product development and go-to-market efforts, could help Nutanix provide software infrastructure for AMD-powered AI and inference systems. Nutanix also works with Nvidia, giving it exposure to both leading AI-chip ecosystems. Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
• Positive Sentiment: Customer momentum and share gains: Nutanix added approximately 3,000 customers over the past year, many reportedly switching from VMware. External-storage offerings, cloud partnerships and its NC2 platform could broaden adoption and support future growth. Nutanix nabbed 3,000 new customers in 1 year, many from VMware
• Positive Sentiment: Analysts raised several targets: RBC lifted its target to $90 and reiterated an outperform rating; Oppenheimer raised its target to $85 with an outperform rating; and Needham increased its target to $85 while maintaining a buy rating. These revisions reflect optimism following the earnings beat and the company’s AI opportunity.
• Neutral Sentiment: Additional investor visibility: Nutanix will present at the Goldman Sachs Communacopia + Technology Conference on September 8, potentially giving management an opportunity to discuss fiscal 2027 growth, AI demand and partnerships. Nutanix to Present at Upcoming Investor Conference
• Negative Sentiment: Mixed ratings and execution risks: Barclays raised its target to $75 but kept an equal-weight rating, while Morgan Stanley’s $63 target remains below the recent trading level. Supply constraints, competition and the need to convert strong bookings into revenue could limit upside.

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.

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