Nutanix (NTNX) Projected to Post Quarterly Earnings on Wednesday

Nutanix (NASDAQ:NTNX - Get Free Report) is projected to release its Q3 2025 earnings data before the market opens on Wednesday, June 4th. Analysts expect Nutanix to post earnings of $0.38 per share and revenue of $626.12 million for the quarter.

Nutanix Stock Down 3.8%

NASDAQ NTNX traded down $3.02 during midday trading on Thursday, hitting $75.85. The company had a trading volume of 8,676,223 shares, compared to its average volume of 2,598,751. The stock has a market cap of $20.23 billion, a price-to-earnings ratio of -216.71, a P/E/G ratio of 11.80 and a beta of 0.70. Nutanix has a fifty-two week low of $43.35 and a fifty-two week high of $83.36. The firm has a fifty day simple moving average of $70.28 and a two-hundred day simple moving average of $68.77.

Insider Activity at Nutanix

In other Nutanix news, Director Groen Max Pieter De sold 5,500,000 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $74.51, for a total value of $409,805,000.00. Following the completion of the sale, the director now owns 11,354,032 shares of the company's stock, valued at $845,988,924.32. This trade represents a 32.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven J. Gomo sold 7,000 shares of Nutanix stock in a transaction on Friday, February 28th. The stock was sold at an average price of $76.16, for a total transaction of $533,120.00. Following the completion of the transaction, the director now directly owns 3,050 shares of the company's stock, valued at approximately $232,288. This represents a 69.65% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,575,797 shares of company stock worth $415,742,123. Company insiders own 6.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Northland Securities upgraded Nutanix from a "market perform" rating to an "outperform" rating and upped their price objective for the company from $77.00 to $97.00 in a report on Thursday, February 27th. Raymond James cut Nutanix from an "outperform" rating to a "market perform" rating in a report on Tuesday, May 20th. UBS Group raised their target price on shares of Nutanix from $81.00 to $91.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Northland Capmk raised Nutanix from a "hold" rating to a "strong-buy" rating in a report on Thursday, February 27th. Finally, Royal Bank of Canada upped their price objective on shares of Nutanix from $83.00 to $95.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. Two 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 MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $89.57.

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.