William Blair Brokers Reduce Earnings Estimates for Nutanix

Nutanix (NASDAQ:NTNX - Free Report) - Equities researchers at William Blair dropped their FY2025 earnings per share (EPS) estimates for shares of Nutanix in a report released on Wednesday, July 2nd. William Blair analyst J. Ader now expects that the technology company will post earnings per share of $0.48 for the year, down from their prior forecast of $0.64. The consensus estimate for Nutanix's current full-year earnings is $0.31 per share. William Blair also issued estimates for Nutanix's Q4 2025 earnings at $0.01 EPS, Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.20 EPS, Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.10 EPS, FY2026 earnings at $0.53 EPS and FY2027 earnings at $0.68 EPS.

Nutanix (NASDAQ:NTNX - Get Free Report) last announced its quarterly earnings data on Wednesday, June 4th. The technology company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.04. Nutanix had a negative return on equity of 21.32% and a net margin of 0.97%. The firm had revenue of $638.98 million during the quarter, compared to analysts' expectations of $626.12 million. During the same period last year, the business posted $0.28 earnings per share. The company's revenue for the quarter was up 21.8% compared to the same quarter last year.

A number of other research firms also recently commented on NTNX. Needham & Company LLC reaffirmed a "buy" rating and set a $92.00 target price on shares of Nutanix in a report on Thursday, May 29th. Wall Street Zen downgraded Nutanix from a "strong-buy" rating to a "buy" rating in a report on Monday, June 30th. Morgan Stanley reaffirmed an "overweight" rating and set a $90.00 target price (up previously from $75.00) on shares of Nutanix in a report on Tuesday, May 20th. KeyCorp assumed coverage on Nutanix in a report on Thursday, June 26th. They set an "overweight" rating and a $95.00 target price for the company. Finally, Piper Sandler reiterated an "overweight" rating and set a $88.00 price target (up from $76.00) on shares of Nutanix in a research report on Thursday, May 29th. Two investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $90.71.

Nutanix Stock Up 0.2%

Shares of Nutanix stock traded up $0.19 on Friday, reaching $76.99. 1,642,879 shares of the stock were exchanged, compared to its average volume of 2,530,529. Nutanix has a twelve month low of $43.35 and a twelve month high of $83.36. The firm has a market capitalization of $20.64 billion, a price-to-earnings ratio of 156.74, a PEG ratio of 7.09 and a beta of 0.67. The business has a 50 day moving average price of $75.79 and a two-hundred day moving average price of $70.09.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Harbour Investments Inc. raised its stake in Nutanix by 2,612.5% in the 4th quarter. Harbour Investments Inc. now owns 434 shares of the technology company's stock valued at $27,000 after purchasing an additional 418 shares during the last quarter. Colonial Trust Co SC acquired a new position in Nutanix in the 4th quarter valued at $28,000. Twin Tree Management LP acquired a new position in Nutanix in the 1st quarter valued at $29,000. MassMutual Private Wealth & Trust FSB raised its stake in Nutanix by 78.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock valued at $30,000 after purchasing an additional 191 shares during the last quarter. Finally, GW&K Investment Management LLC acquired a new position in Nutanix in the 1st quarter valued at $30,000. 85.25% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Nutanix

In related news, CFO Rukmini Sivaraman sold 2,100 shares of the business's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $72.73, for a total transaction of $152,733.00. Following the completion of the sale, the chief financial officer directly owned 209,070 shares in the company, valued at approximately $15,205,661.10. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Groen Max Pieter De sold 5,480,467 shares of the stock in a transaction 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 completion of the transaction, the director directly owned 5,480,468 shares of the company's stock, valued at approximately $420,954,747.08. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,552,549 shares of company stock valued at $426,621,281. 6.80% of the stock is owned by corporate insiders.

Nutanix Company Profile

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.