Nutanix (NASDAQ:NTNX) Given New $55.00 Price Target at Morgan Stanley

Nutanix (NASDAQ:NTNX) had its target price increased by research analysts at Morgan Stanley from $53.00 to $55.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the technology company’s stock. Morgan Stanley’s price objective suggests a potential upside of 18.10% from the company’s current price.

Several other research analysts also recently commented on NTNX. Wall Street Zen downgraded Nutanix from a “buy” rating to a “hold” rating in a research note on Tuesday, March 10th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $44.00 target price on shares of Nutanix in a research report on Friday, April 10th. UBS Group increased their target price on Nutanix from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Rosenblatt Securities reiterated a “buy” rating and set a $60.00 target price on shares of Nutanix in a research report on Friday, May 22nd. Finally, Bank of America reiterated a “buy” rating on shares of Nutanix in a research report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $60.80.

Nutanix Stock Up 0.0%

NASDAQ NTNX opened at $46.57 on Thursday. The stock’s 50-day moving average price is $41.65 and its 200-day moving average price is $45.59. Nutanix has a 52 week low of $34.01 and a 52 week high of $82.42. The company has a market capitalization of $12.35 billion, a P/E ratio of 50.62, a price-to-earnings-growth ratio of 5.20 and a beta of 0.54.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings data on Wednesday, May 27th. The technology company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.35 by $0.12. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.The firm had revenue of $703.07 million for the quarter, compared to the consensus estimate of $686.34 million. During the same quarter last year, the company earned $0.22 earnings per share. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. Research analysts anticipate that Nutanix will post 0.56 EPS for the current year.

Institutional Trading of Nutanix

Several institutional investors have recently made changes to their positions in NTNX. CW Advisors LLC purchased a new stake in shares of Nutanix during the second quarter worth about $273,000. Cerity Partners LLC grew its holdings in Nutanix by 15.2% during the 2nd quarter. Cerity Partners LLC now owns 83,073 shares of the technology company’s stock valued at $6,350,000 after buying an additional 10,967 shares in the last quarter. Bank of Nova Scotia grew its holdings in Nutanix by 296.5% during the 2nd quarter. Bank of Nova Scotia now owns 41,616 shares of the technology company’s stock valued at $3,181,000 after buying an additional 31,119 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in Nutanix by 94.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 48,263 shares of the technology company’s stock valued at $3,690,000 after buying an additional 23,479 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in Nutanix by 164.4% during the 2nd quarter. NewEdge Advisors LLC now owns 8,622 shares of the technology company’s stock valued at $659,000 after buying an additional 5,361 shares in the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Key Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix topped fiscal Q3 expectations with EPS of $0.47 versus $0.35 expected and revenue of $703.1 million versus $686.3 million expected, reinforcing investor confidence in execution. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
• Positive Sentiment: The company said annual recurring revenue grew 15% year over year and free cash flow remained strong, suggesting the business is continuing to scale profitably. Nutanix Reports Third Quarter Fiscal 2026 Financial Results
• Neutral Sentiment: Despite the strong quarter, Wall Street analysts remain cautious overall, with William Blair and Morgan Stanley both keeping Nutanix at Hold, reflecting balanced risk-reward and ongoing visibility concerns. Balanced Risk-Reward Keeps Nutanix at Hold Despite Strong Q3 Execution and Growth
• Neutral Sentiment: Management’s Q4 revenue guidance of $725 million to $745 million was broadly in line with expectations, which supports the current move but does not point to a major upside surprise from guidance alone.

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.