FY2025 Earnings Forecast for Nutanix Issued By William Blair

Nutanix (NASDAQ:NTNX - Free Report) - Equities researchers at William Blair reduced their FY2025 earnings per share estimates for shares of Nutanix in a note issued to investors on Wednesday, July 2nd. William Blair analyst J. Ader now anticipates that the technology company will earn $0.48 per share 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.

A number of other equities research analysts have also issued reports on NTNX. 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 note on Tuesday, May 20th. Wall Street Zen lowered Nutanix from a "strong-buy" rating to a "buy" rating in a research note on Monday, June 30th. Piper Sandler reaffirmed an "overweight" rating and issued a $88.00 target price (up previously from $76.00) on shares of Nutanix in a research note on Thursday, May 29th. KeyCorp started coverage on Nutanix in a research note on Thursday, June 26th. They issued an "overweight" rating and a $95.00 target price on the stock. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $92.00 target price on shares of Nutanix in a research note on Thursday, May 29th. Two investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Nutanix presently has an average rating of "Moderate Buy" and a consensus price target of $90.71.

Nutanix Stock Performance

NTNX stock traded up $1.38 on Friday, reaching $76.81. The company had a trading volume of 1,289,764 shares, compared to its average volume of 2,534,094. Nutanix has a 1 year low of $43.35 and a 1 year high of $83.36. The company's fifty day moving average is $75.79 and its 200 day moving average is $70.05. The company has a market cap of $20.59 billion, a P/E ratio of 156.73, a PEG ratio of 7.09 and a beta of 0.67.

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

Hedge Funds Weigh In On Nutanix

Large investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of Nutanix in the 4th quarter worth about $195,758,000. Pictet Asset Management Holding SA raised its holdings in shares of Nutanix by 6,785.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 2,139,340 shares of the technology company's stock worth $130,885,000 after purchasing an additional 2,108,269 shares during the period. Artisan Partners Limited Partnership purchased a new position in shares of Nutanix in the 4th quarter worth about $91,639,000. Contour Asset Management LLC purchased a new position in shares of Nutanix in the 4th quarter worth about $87,318,000. Finally, AQR Capital Management LLC raised its holdings in shares of Nutanix by 65.5% in the 1st quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company's stock worth $246,874,000 after purchasing an additional 1,426,049 shares during the period. 85.25% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Virginia Gambale sold 7,000 shares of the stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $78.00, for a total transaction of $546,000.00. Following the transaction, the director directly owned 38,330 shares in the company, valued at approximately $2,989,740. This represents a 15.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Groen Max Pieter De sold 5,480,467 shares of the stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $76.81, for a total value of $420,954,670.27. Following the transaction, the director owned 5,480,468 shares in the company, valued at $420,954,747.08. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,552,549 shares of company stock valued at $426,621,281. 6.80% of the stock is owned by corporate insiders.

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.