Nutanix (NASDAQ:NTNX) Announces Quarterly Earnings Results

Nutanix (NASDAQ:NTNX) issued its quarterly earnings results on Wednesday. The technology company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.12, Briefing.com reports. The company had revenue of $722.83 million for the quarter, compared to analysts’ expectations of $709.83 million. Nutanix had a negative return on equity of 37.41% and a net margin of 9.95%.Nutanix’s revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the business earned $0.47 earnings per share.

Here are the key takeaways from Nutanix’s conference call:

• Strong Q2 results: quarterly revenue of $723M (above guidance), ARR grew 16% to $2.356B, NRR 107%, free cash flow of $191M, and over 1,000 new customers — the strongest new-logo quarter in eight years.
• Strategic AMD partnership: AMD will make a $150M equity investment and fund up to $100M for R&D/GTm to build a Nutanix-powered Agentic AI platform for enterprises and service providers, with the first jointly developed platform expected in late 2026.
• Supply-chain headwinds (CPU and memory shortages) are lengthening server lead times and will delay the timing of some FY26 revenue and free cash flow, prompting updated guidance (Q3 revenue $680M–$690M; full-year revenue $2.80B–$2.84B) — management characterizes this as a timing issue, not lost bookings.
• Capital allocation and margin discipline: completed ~$333M of share repurchases in Q2 (including a $300M ASR), ended the quarter with ~$1.874B in cash/short-term investments, and maintained full-year non‑GAAP operating margin guidance at 21%–22%.
• Product and go‑to‑market progress: continued traction for NC2 (cloud option), expanded external storage support (Dell PowerFlex and Everpure/Pure wins), and AI/Kubernetes deployments — these broaden customer options and help mitigate hardware constraints but do not fully eliminate near‑term timing risks.

Nutanix Stock Up 5.3%

Nutanix stock traded up $2.01 during trading on Monday, hitting $40.29. The stock had a trading volume of 6,542,570 shares, compared to its average volume of 5,276,969. The stock’s 50 day moving average is $45.10 and its two-hundred day moving average is $58.57. Nutanix has a 1 year low of $35.39 and a 1 year high of $83.36. The stock has a market cap of $10.89 billion, a price-to-earnings ratio of 43.79, a price-to-earnings-growth ratio of 3.39 and a beta of 0.48.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Wall Street Zen raised shares of Nutanix from a “hold” rating to a “buy” rating in a research note on Monday. Morgan Stanley lowered their price objective on Nutanix from $62.00 to $56.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 24th. Northland Securities cut their target price on Nutanix from $76.00 to $53.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 26th. Royal Bank Of Canada set a $55.00 target price on Nutanix in a research note on Wednesday, February 11th. Finally, KeyCorp dropped their price target on Nutanix from $95.00 to $65.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Eleven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $62.43.

Institutional Investors Weigh In On Nutanix

Hedge funds and other institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC boosted its position in Nutanix by 72.8% during the 4th quarter. AQR Capital Management LLC now owns 11,452,714 shares of the technology company’s stock valued at $591,991,000 after buying an additional 4,826,443 shares during the period. FIL Ltd raised its stake in shares of Nutanix by 180.1% during 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 during the last quarter. First Trust Advisors LP boosted its holdings in shares of Nutanix by 14.0% during the fourth quarter. First Trust Advisors LP now owns 3,647,276 shares of the technology company’s stock worth $188,528,000 after purchasing an additional 447,806 shares during the period. Alyeska Investment Group L.P. boosted its holdings in shares of Nutanix by 926.8% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,687,387 shares of the technology company’s stock worth $138,911,000 after purchasing an additional 2,425,665 shares during the period. Finally, Northern Trust Corp grew its stake in shares of Nutanix by 48.9% in the third quarter. Northern Trust Corp now owns 2,357,148 shares of the technology company’s stock worth $175,348,000 after purchasing an additional 774,572 shares during the last quarter. 85.25% of the stock is currently owned by institutional investors.

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.