What is KeyCorp's Estimate for Nutanix FY2025 Earnings?

Nutanix (NASDAQ:NTNX - Free Report) - Equities research analysts at KeyCorp issued their FY2025 earnings estimates for shares of Nutanix in a research note issued to investors on Wednesday, June 25th. KeyCorp analyst B. Nispel forecasts that the technology company will earn $0.56 per share for the year. KeyCorp has a "Overweight" rating and a $95.00 price objective on the stock. The consensus estimate for Nutanix's current full-year earnings is $0.31 per share. KeyCorp also issued estimates for Nutanix's Q4 2025 earnings at $0.07 EPS, Q4 2026 earnings at $0.19 EPS and FY2026 earnings at $0.88 EPS.

Nutanix (NASDAQ:NTNX - Get Free Report) last posted its quarterly earnings data on Wednesday, June 4th. The technology company reported $0.42 earnings per share (EPS) for the quarter, beating 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 company had revenue of $638.98 million during the quarter, compared to analyst estimates of $626.12 million. During the same quarter last year, the company earned $0.28 earnings per share. The firm's quarterly revenue was up 21.8% on a year-over-year basis.

A number of other equities research analysts also recently weighed in on the stock. Raymond James Financial downgraded shares of Nutanix from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 20th. Wall Street Zen cut Nutanix from a "strong-buy" rating to a "buy" rating in a research note on Monday. Susquehanna lifted their price target on Nutanix from $90.00 to $95.00 and gave the stock a "positive" rating in a research note on Thursday, May 29th. Piper Sandler reissued an "overweight" rating and set a $88.00 price objective (up from $76.00) on shares of Nutanix in a report on Thursday, May 29th. 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 equities research 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. According to MarketBeat.com, Nutanix presently has a consensus rating of "Moderate Buy" and a consensus target price of $90.71.

Nutanix Price Performance

Shares of NASDAQ:NTNX traded up $1.38 on Monday, hitting $76.81. The company's stock had a trading volume of 1,289,561 shares, compared to its average volume of 2,525,046. Nutanix has a 1 year low of $43.35 and a 1 year high of $83.36. The company has a market capitalization of $20.59 billion, a PE ratio of 153.45, a PEG ratio of 6.78 and a beta of 0.67. The company has a 50-day simple moving average of $75.38 and a 200 day simple moving average of $69.85.

Institutional Trading of Nutanix

Institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in Nutanix by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,442,805 shares of the technology company's stock worth $88,271,000 after buying an additional 33,980 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Nutanix by 3.5% during the fourth quarter. Sanctuary Advisors LLC now owns 9,698 shares of the technology company's stock valued at $593,000 after acquiring an additional 325 shares in the last quarter. LPL Financial LLC lifted its stake in Nutanix by 4.8% in the fourth quarter. LPL Financial LLC now owns 71,732 shares of the technology company's stock worth $4,389,000 after acquiring an additional 3,276 shares during the period. HighTower Advisors LLC bought a new stake in Nutanix in the fourth quarter valued at $234,000. Finally, Assenagon Asset Management S.A. increased its position in Nutanix by 69.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 39,873 shares of the technology company's stock valued at $2,784,000 after purchasing an additional 16,374 shares during the period. 85.25% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Nutanix news, CEO Rajiv Ramaswami sold 1,925 shares of the firm's stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $75.00, for a total value of $144,375.00. Following the sale, the chief executive officer owned 518,561 shares of the company's stock, valued at $38,892,075. This trade represents a 0.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Groen Max Pieter De sold 5,480,467 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $76.81, for a total transaction of $420,954,670.27. Following the completion of the transaction, the director owned 5,480,468 shares in the company, valued at $420,954,747.08. The trade was a 50.00% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 5,552,549 shares of company stock worth $426,621,281. 6.80% of the stock is owned by company 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.