What is KeyCorp's Forecast for Nutanix Q1 Earnings?

Nutanix (NASDAQ:NTNX - Free Report) - Research analysts at KeyCorp issued their Q1 2026 EPS estimates for shares of Nutanix in a research report issued on Wednesday, June 25th. KeyCorp analyst B. Nispel expects that the technology company will post earnings per share of $0.16 for the quarter. KeyCorp has a "Overweight" rating and a $95.00 price target 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 Q2 2026 earnings at $0.28 EPS and Q3 2026 earnings at $0.25 EPS.

Several other analysts also recently commented on the stock. Morgan Stanley reiterated an "overweight" rating and issued a $90.00 target price (up previously from $75.00) on shares of Nutanix in a report on Tuesday, May 20th. Susquehanna increased their price objective 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. Royal Bank Of Canada boosted their target price on Nutanix from $83.00 to $95.00 and gave the stock an "outperform" 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, Oppenheimer lifted their price target on Nutanix from $90.00 to $100.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $90.71.

Nutanix Trading Up 2.5%

Shares of NASDAQ:NTNX opened at $75.28 on Friday. The stock has a market cap of $20.18 billion, a PE ratio of -268.86, a price-to-earnings-growth ratio of 6.67 and a beta of 0.69. The stock's fifty day simple moving average is $74.19 and its two-hundred day simple moving average is $69.59. Nutanix has a 1-year low of $43.35 and a 1-year high of $83.36.

Nutanix (NASDAQ:NTNX - Get Free Report) last posted its earnings results on Wednesday, June 4th. The technology company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates 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 for 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 company's revenue for the quarter was up 21.8% on a year-over-year basis.

Institutional Investors Weigh In On Nutanix

A number of institutional investors and hedge funds have recently modified their holdings of the company. Swedbank AB bought a new stake in Nutanix during the 1st quarter worth approximately $1,642,000. Sheets Smith Investment Management bought a new stake in Nutanix during the first quarter valued at $981,000. Inspire Investing LLC boosted its stake in Nutanix by 43.1% during the first quarter. Inspire Investing LLC now owns 41,472 shares of the technology company's stock valued at $2,895,000 after buying an additional 12,489 shares during the period. Reliant Investment Partners LLC purchased a new position in Nutanix during the first quarter worth about $223,000. Finally, IFM Investors Pty Ltd increased its stake in Nutanix by 4.6% in the 1st quarter. IFM Investors Pty Ltd now owns 48,745 shares of the technology company's stock worth $3,403,000 after acquiring an additional 2,159 shares during the last quarter. 85.25% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Rukmini Sivaraman sold 2,100 shares of Nutanix stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $72.73, for a total value of $152,733.00. Following the completion of the transaction, the chief financial officer now directly owns 209,070 shares in the company, valued at approximately $15,205,661.10. The trade was a 0.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Rajiv Ramaswami sold 61,057 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $79.00, for a total value of $4,823,503.00. Following the sale, the chief executive officer now owns 497,309 shares in the company, valued at approximately $39,287,411. This represents a 10.93% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,550,624 shares of company stock valued at $426,476,906. 6.80% of the stock is owned by 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.

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