Royal Bank Of Canada Reiterates Outperform Rating for Nutanix (NASDAQ:NTNX)

Nutanix (NASDAQ:NTNX)‘s stock had its “outperform” rating reaffirmed by equities researchers at Royal Bank Of Canada in a research note issued on Wednesday,Benzinga reports. They presently have a $55.00 price target on the technology company’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 39.28% from the company’s current price.

NTNX has been the subject of a number of other reports. UBS Group upped their price objective on shares of Nutanix from $57.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Piper Sandler decreased their price objective on shares of Nutanix from $72.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Nutanix in a research report on Friday, March 27th. William Blair reissued a “market perform” rating on shares of Nutanix in a research report on Monday, March 23rd. Finally, The Goldman Sachs Group decreased their price objective on shares of Nutanix from $75.00 to $60.00 and set a “buy” rating for the company in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Nutanix currently has an average rating of “Moderate Buy” and an average price target of $62.27.

Nutanix Trading Down 0.0%

Shares of Nutanix stock opened at $39.49 on Wednesday. The company has a fifty day moving average price of $39.84 and a 200 day moving average price of $52.47. Nutanix has a twelve month low of $35.39 and a twelve month high of $83.36. The stock has a market cap of $10.47 billion, a price-to-earnings ratio of 43.11, a price-to-earnings-growth ratio of 4.40 and a beta of 0.52.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.12. The company had revenue of $722.83 million during the quarter, compared to analysts’ expectations of $709.83 million. Nutanix had a net margin of 9.95% and a negative return on equity of 37.41%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.47 EPS. Analysts forecast that Nutanix will post 0.31 earnings per share for the current year.

Institutional Investors Weigh In On Nutanix

Institutional investors have recently modified their holdings of the stock. New Millennium Group LLC acquired a new stake in shares of Nutanix in the 4th quarter valued at about $28,000. V Square Quantitative Management LLC acquired a new stake in shares of Nutanix in the 4th quarter valued at about $39,000. Covestor Ltd raised its stake in shares of Nutanix by 73.1% in the 4th quarter. Covestor Ltd now owns 767 shares of the technology company’s stock valued at $40,000 after purchasing an additional 324 shares in the last quarter. Harbour Investments Inc. raised its stake in shares of Nutanix by 159.4% in the 4th quarter. Harbour Investments Inc. now owns 817 shares of the technology company’s stock valued at $42,000 after purchasing an additional 502 shares in the last quarter. Finally, GW&K Investment Management LLC raised its stake in shares of Nutanix by 78.7% in the 4th quarter. GW&K Investment Management LLC now owns 981 shares of the technology company’s stock valued at $51,000 after purchasing an additional 432 shares in the last quarter. Institutional investors and hedge funds own 85.25% of the company’s stock.

Nutanix News Summary

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Rosenblatt Securities published bullish multi-year EPS forecasts and carries a “Strong‑Buy” stance, projecting meaningful EPS growth into FY2027–FY2028 — a signal that some sell‑side investors see stronger profitability ahead for Nutanix.
• Positive Sentiment: The Board approved a $750 million increase to the share repurchase authorization (total ~ $779M available), which is supportive for EPS and signals management confidence in the business. Article Title
• Positive Sentiment: Product and ecosystem announcements at the .NEXT conference expand Nutanix’s addressable market for AI and hybrid‑multicloud: NKP Metal (bare‑metal Kubernetes), Agentic AI platform enhancements, Nutanix Cloud Platform updates, and certified integrations (NetApp, MongoDB). These moves position Nutanix as a vendor for enterprise AI/sovereign cloud and service‑provider workloads. Article Title
• Neutral Sentiment: Morgan Stanley kept a Hold rating and a $53 price target, highlighting near‑term uncertainty from supply‑chain and macro headwinds even while acknowledging Nutanix’s long‑term opportunity — a view that tempers upside for some investors. Article Title
• Negative Sentiment: Shares are down amid market‑wide dynamics and profit‑taking after the flurry of news; some coverage notes the pullback in trading as investors digest the mix of forward‑looking product timelines and near‑term headwinds. Article Title
• Negative Sentiment: Several product features and partner capabilities are early‑access or expected later in 2026; forward‑looking release timing and supply‑chain constraints create execution risk that could weigh on short‑term sentiment. Article Title

About Nutanix

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.