Nutanix (NASDAQ:NTNX) Receives Buy Rating from Rosenblatt Securities

Key Points

• Rosenblatt Securities reiterated its buy rating on Nutanix and kept a $60 price target, implying about 22.9% upside from the prior close.
• Other analysts were also mostly positive after the company’s latest results, with firms like Bank of America raising its target to $65 and the overall consensus staying at a Moderate Buy.
• Nutanix posted a strong quarter, with EPS of $0.47 beating estimates and revenue of $703.1 million topping forecasts, while management also raised fiscal 2026 guidance.

Nutanix (NASDAQ:NTNX - Get Free Report)'s stock had its "buy" rating reaffirmed by investment analysts at Rosenblatt Securities in a report released on Friday,Benzinga reports. They presently have a $60.00 price objective on the technology company's stock. Rosenblatt Securities' price objective suggests a potential upside of 22.93% from the company's previous close.

A number of other research firms have also recently commented on NTNX. Bank of America lifted their target price on Nutanix from $60.00 to $65.00 and gave the stock a "buy" rating in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on Nutanix from $44.00 to $50.00 and gave the stock a "neutral" rating in a research report on Thursday. The Goldman Sachs Group reiterated a "buy" rating on shares of Nutanix in a research report on Thursday. Piper Sandler reiterated an "overweight" rating and set a $60.00 target price (down from $63.00) on shares of Nutanix in a research report on Thursday. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Nutanix in a research report on Friday, March 27th. Ten research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $60.00.

Nutanix Stock Performance

NTNX opened at $48.81 on Friday. The business's 50-day simple moving average is $41.79 and its 200-day simple moving average is $45.45. Nutanix has a one year low of $34.01 and a one year high of $82.42. The stock has a market capitalization of $12.94 billion, a P/E ratio of 51.38, a price-to-earnings-growth ratio of 5.20 and a beta of 0.54.

Nutanix (NASDAQ:NTNX - Get Free Report) last posted its earnings results on Wednesday, May 27th. The technology company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.12. Nutanix had a negative return on equity of 38.88% and a net margin of 10.03%.The business had revenue of $703.07 million for the quarter, compared to analysts' expectations of $686.34 million. During the same quarter in the previous year, the firm earned $0.22 earnings per share. The business's revenue was up 10.0% compared to the same quarter last year. On average, equities research analysts forecast that Nutanix will post 0.56 EPS for the current fiscal year.

Hedge Funds Weigh In On Nutanix

Several institutional investors have recently added to or reduced their stakes in NTNX. New Millennium Group LLC purchased a new position in shares of Nutanix during the 4th quarter worth approximately $28,000. Western Wealth Management LLC acquired a new stake in shares of Nutanix in the 1st quarter valued at approximately $27,000. V Square Quantitative Management LLC acquired a new stake in shares of Nutanix in the 4th quarter valued at approximately $39,000. Covestor Ltd lifted its holdings in shares of Nutanix by 73.1% in the 4th quarter. Covestor Ltd now owns 767 shares of the technology company's stock valued at $40,000 after buying an additional 324 shares during the period. Finally, Harbour Investments Inc. lifted its holdings in shares of Nutanix by 159.4% in the 4th quarter. Harbour Investments Inc. now owns 817 shares of the technology company's stock valued at $42,000 after buying an additional 502 shares during the period. Institutional investors and hedge funds own 85.25% of the company's stock.

Nutanix News Roundup

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix reported Q3 fiscal 2026 earnings of $0.47 per share, well above the $0.35 consensus, while revenue of $703.1 million also topped estimates. The company said annual recurring revenue rose 15% year over year, highlighting solid demand and execution. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Management raised its fiscal 2026 guidance, which reassured investors that the strong quarter may continue into the rest of the year and helped support the stock. Nutanix Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Several Wall Street firms lifted price targets after the earnings beat, including JPMorgan, Barclays, Morgan Stanley, and Needham, signaling improved analyst confidence in Nutanix’s outlook. Nutanix Analysts Boost Their Forecasts Following Upbeat Q3 Results
• Neutral Sentiment: Nutanix also announced it will present at an upcoming investor conference, which keeps the company visible to the market but is not a major fundamental catalyst by itself. Nutanix to Present at Upcoming Investor Conference

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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