Nutanix (NASDAQ:NTNX) Trading Down 4.5% – Here’s What Happened

Nutanix (NASDAQ:NTNX)’s share price traded down 4.5% during trading on Monday . The stock traded as low as $39.13 and last traded at $39.2360. 561,362 shares were traded during trading, a decline of 88% from the average session volume of 4,735,185 shares. The stock had previously closed at $41.10.

Key Nutanix News

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NTNX. Wells Fargo & Company lowered their price target 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. Morgan Stanley lowered their price target on Nutanix from $62.00 to $56.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 24th. Barclays lowered their price target on Nutanix from $53.00 to $47.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nutanix in a research report on Friday, March 27th. Finally, Rosenblatt Securities began coverage on Nutanix in a research report on Thursday, April 2nd. They set a “buy” rating and a $60.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.27.

Nutanix Stock Up 3.2%

The firm has a market cap of $10.81 billion, a PE ratio of 44.16, a P/E/G ratio of 4.40 and a beta of 0.52. The firm has a 50-day moving average price of $39.84 and a two-hundred day moving average price of $52.47.

Nutanix (NASDAQ:NTNX) last released its earnings results on Wednesday, February 25th. The technology company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.12. The business had revenue of $722.83 million for the quarter, compared to the consensus estimate of $709.83 million. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The business’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.47 earnings per share. Research analysts forecast that Nutanix will post 0.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Nutanix

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Nutanix by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 27,514,943 shares of the technology company’s stock valued at $1,422,247,000 after acquiring an additional 832,468 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Nutanix by 72.8% in the fourth quarter. AQR Capital Management LLC now owns 11,452,714 shares of the technology company’s stock valued at $591,991,000 after acquiring an additional 4,826,443 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Nutanix by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 5,283,964 shares of the technology company’s stock valued at $272,452,000 after acquiring an additional 135,533 shares in the last quarter. FIL Ltd lifted its position in shares of Nutanix by 180.1% in the fourth quarter. FIL Ltd now owns 4,333,937 shares of the technology company’s stock valued at $224,021,000 after acquiring an additional 2,786,929 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Nutanix by 14.0% in the fourth quarter. First Trust Advisors LP now owns 3,647,276 shares of the technology company’s stock valued at $188,528,000 after acquiring an additional 447,806 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

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.