Research Analysts Offer Predictions for Nutanix Q3 Earnings

Key Points

• Northland Securities cut its Q3 2026 EPS estimate for Nutanix (NASDAQ:NTNX) to $0.00 from $0.18, while the consensus full‑year earnings estimate sits around $0.31 per share.
• Analysts have trimmed price targets (e.g., BofA, Piper Sandler, Wells Fargo) but remain mixed on ratings; the consensus target is $60.87 versus the stock trading near $34, highlighting a large valuation disconnect.
• Nutanix recently beat the prior quarter (EPS $0.56 vs $0.44; revenue $722.8M, +10.4% YoY) and has expanded its share repurchase authorization and added MongoDB integration — potential positives amid uncertain near‑term outlooks.

Nutanix (NASDAQ:NTNX - Free Report) - Analysts at Northland Securities decreased their Q3 2026 earnings per share estimates for Nutanix in a research report issued on Wednesday, April 8th. Northland Securities analyst N. Chokshi now expects that the technology company will earn $0.00 per share for the quarter, down from their prior forecast of $0.18. The consensus estimate for Nutanix's current full-year earnings is $0.31 per share. Northland Securities also issued estimates for Nutanix's Q4 2026 earnings at $0.11 EPS, FY2026 earnings at $0.47 EPS, Q1 2027 earnings at $0.19 EPS, Q2 2027 earnings at $0.31 EPS, Q3 2027 earnings at $0.09 EPS, Q4 2027 earnings at $0.13 EPS and FY2027 earnings at $0.70 EPS.

Nutanix (NASDAQ:NTNX - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.12. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The business had revenue of $722.83 million for the quarter, compared to analyst estimates of $709.83 million. During the same quarter in the prior year, the company earned $0.47 earnings per share. The company's revenue was up 10.4% on a year-over-year basis.

A number of other analysts have also weighed in on the company. Bank of America cut their price objective on Nutanix from $75.00 to $60.00 and set a "buy" rating on the stock in a research report on Thursday, February 26th. Rosenblatt Securities began coverage on Nutanix in a research report on Thursday, April 2nd. They set a "buy" rating and a $60.00 price objective on the stock. Piper Sandler cut their price objective on Nutanix from $72.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, February 26th. Wells Fargo & Company cut their price objective on Nutanix from $57.00 to $50.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 26th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $55.00 price objective on shares of Nutanix in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $60.87.

Nutanix Stock Performance

Nutanix stock opened at $34.41 on Monday. Nutanix has a twelve month low of $34.01 and a twelve month high of $83.36. The stock's fifty day simple moving average is $39.64 and its 200-day simple moving average is $51.66. The firm has a market capitalization of $9.13 billion, a P/E ratio of 37.40, a P/E/G ratio of 3.77 and a beta of 0.52.

Hedge Funds Weigh In On Nutanix

Hedge funds have recently made changes to their positions in the company. New Millennium Group LLC purchased a new position in shares of Nutanix during the fourth quarter worth about $28,000. SJS Investment Consulting Inc. grew its holdings in shares of Nutanix by 3,122.7% during the third quarter. SJS Investment Consulting Inc. now owns 709 shares of the technology company's stock worth $53,000 after purchasing an additional 687 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Nutanix during the fourth quarter worth about $39,000. Covestor Ltd grew its holdings in shares of Nutanix by 73.1% during the fourth quarter. Covestor Ltd now owns 767 shares of the technology company's stock worth $40,000 after purchasing an additional 324 shares during the last quarter. Finally, Harbour Investments Inc. grew its holdings in shares of Nutanix by 159.4% during the fourth quarter. Harbour Investments Inc. now owns 817 shares of the technology company's stock worth $42,000 after purchasing an additional 502 shares during the last quarter. Hedge funds and other institutional investors own 85.25% of the company's stock.

More Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix expanded its share repurchase authorization, signalling management confidence and providing potential support for the stock if buybacks accelerate. Analysts: Nutanix Expands Share Repurchase Authorization
• Positive Sentiment: Product progress: Nutanix’s database platform added a certified integration for MongoDB, which can help win database workloads and strengthen cloud/edge use cases — a modest long-term commercial positive. Nutanix database platform bolsters MongoDB support
• Neutral Sentiment: Short-interest report shows anomalous/zero data (short interest reported as 0 shares with NaN increase) — likely a reporting/data issue rather than a substantive change in positioning; treat with caution. (No external link provided in feed.)
• Neutral Sentiment: Analysts remain mixed on near-term outlook — some models and previews for the upcoming quarter (Q3) are circulating, but consensus estimates remain modest; this creates uncertainty rather than a clear directional catalyst. Analysts Offer Predictions for Nutanix Q3 Earnings
• Negative Sentiment: JPMorgan downgraded NTNX from Overweight to Neutral and cut its price target to $44, citing fears of a choppy macro environment and near-term growth headwinds; the downgrade triggered selling pressure and is the primary reason shares are down today. Nutanix falls after JPMorgan downgrade JPMorgan Cuts Nutanix to Neutral with $44 Target

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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