What is KeyCorp's Estimate for Nutanix FY2025 Earnings?

Nutanix (NASDAQ:NTNX - Free Report) - Investment analysts at KeyCorp issued their FY2025 earnings estimates for shares of Nutanix in a research note issued on Wednesday, June 25th. KeyCorp analyst B. Nispel forecasts that the technology company will earn $0.56 per share for the year. KeyCorp currently has a "Overweight" rating and a $95.00 target price 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.

A number of other brokerages have also issued reports on NTNX. Raymond James Financial lowered shares of Nutanix from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 20th. Needham & Company LLC restated a "buy" rating and set a $92.00 price target on shares of Nutanix in a research note on Thursday, May 29th. Piper Sandler restated an "overweight" rating and set a $88.00 price target (up previously from $76.00) on shares of Nutanix in a research note on Thursday, May 29th. Susquehanna upped their price target on shares of Nutanix from $90.00 to $95.00 and gave the company a "positive" rating in a research note on Thursday, May 29th. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $90.00 price objective (up from $75.00) on shares of Nutanix in a report on Tuesday, May 20th. Two analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $90.71.

Nutanix Trading Up 0.0%

Shares of Nutanix stock opened at $75.29 on Monday. Nutanix has a 12-month low of $43.35 and a 12-month high of $83.36. The firm has a market capitalization of $20.18 billion, a price-to-earnings ratio of 153.65, a PEG ratio of 6.79 and a beta of 0.68. The firm's 50 day simple moving average is $74.47 and its two-hundred day simple moving average is $69.70.

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

Insider Buying and Selling

In other Nutanix news, CEO Rajiv Ramaswami sold 1,925 shares of the stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $75.00, for a total transaction of $144,375.00. Following the transaction, the chief executive officer now directly owns 518,561 shares of the company's stock, valued at $38,892,075. This trade represents a 0.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Groen Max Pieter De sold 5,480,467 shares of the stock in a transaction on 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 transaction, the director now directly owns 5,480,468 shares in the company, valued at approximately $420,954,747.08. The trade was 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. Corporate insiders own 6.80% of the company's stock.

Hedge Funds Weigh In On Nutanix

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Twin Tree Management LP purchased a new position in Nutanix during the first quarter valued at $29,000. GW&K Investment Management LLC purchased a new position in Nutanix during the first quarter valued at $30,000. Harbour Investments Inc. lifted its holdings in Nutanix by 2,612.5% during the fourth quarter. Harbour Investments Inc. now owns 434 shares of the technology company's stock valued at $27,000 after purchasing an additional 418 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Nutanix by 78.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 436 shares of the technology company's stock valued at $30,000 after purchasing an additional 191 shares in the last quarter. Finally, Colonial Trust Co SC purchased a new position in Nutanix during the fourth quarter valued at $28,000. 85.25% of the stock is owned by hedge funds and other institutional investors.

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.

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