Nutanix (NASDAQ:NTNX) Price Target Raised to $50.00 at JPMorgan Chase & Co.

Nutanix (NASDAQ:NTNX) had its price target lifted by equities researchers at JPMorgan Chase & Co. from $44.00 to $50.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 0.80% from the company’s current price.

Other equities research analysts have also issued reports about the stock. KeyCorp reiterated an “overweight” rating on shares of Nutanix in a report on Thursday. Rosenblatt Securities reiterated a “buy” rating and issued a $60.00 target price on shares of Nutanix in a report on Friday, May 22nd. Needham & Company LLC increased their target price on shares of Nutanix from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley increased their target price on shares of Nutanix from $53.00 to $55.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Northland Securities set a $47.00 target price on shares of Nutanix in a report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $62.33.

Nutanix Stock Up 6.5%

NTNX stock traded up $3.03 during midday trading on Thursday, reaching $49.60. The company’s stock had a trading volume of 5,745,295 shares, compared to its average volume of 4,387,866. Nutanix has a 52 week low of $34.01 and a 52 week high of $82.42. The stock has a market cap of $13.16 billion, a PE ratio of 54.05, a price-to-earnings-growth ratio of 5.20 and a beta of 0.54. The business’s 50-day simple moving average is $41.65 and its 200-day simple moving average is $45.59.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data on Wednesday, May 27th. The technology company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. Nutanix had a net margin of 9.95% and a negative return on equity of 37.41%. The firm had revenue of $703.07 million for the quarter, compared to analysts’ expectations of $686.34 million. During the same period last year, the firm earned $0.22 earnings per share. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. As a group, equities analysts forecast that Nutanix will post 0.56 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nutanix

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Nutanix by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 27,514,943 shares of the technology company’s stock worth $1,422,247,000 after acquiring an additional 832,468 shares during the period. AQR Capital Management LLC grew its position in 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 purchasing an additional 4,826,443 shares in the last quarter. Geode Capital Management LLC increased its holdings in Nutanix by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 5,283,964 shares of the technology company’s stock worth $272,452,000 after buying an additional 135,533 shares during the last quarter. FIL Ltd increased its holdings in Nutanix by 180.1% during the fourth quarter. FIL Ltd now owns 4,333,937 shares of the technology company’s stock worth $224,021,000 after buying an additional 2,786,929 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in 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 buying an additional 447,806 shares during the last quarter. 85.25% of the stock is currently owned by institutional investors and hedge funds.

More Nutanix News

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: Nutanix beat expectations on both earnings and revenue, reporting $0.47 EPS versus $0.35 expected and $703.1 million in revenue versus $686.3 million expected, with revenue up 10% year over year. Article: Nutanix Reports Third Quarter Fiscal 2026 Financial Results
• Positive Sentiment: The company said annual recurring revenue rose 15% year over year and free cash flow performance remained solid, reinforcing the view that operating momentum is improving. Article: Nutanix Reports Third Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Management also raised fiscal 2026 guidance, which helped support the stock’s move as investors looked for better-than-expected growth and earnings visibility. Article: Nutanix Analysts Boost Their Forecasts Following Upbeat Q3 Results
• Positive Sentiment: Several analysts raised price targets after the earnings report, including Needham to $60, Morgan Stanley to $55, and Barclays to $53, signaling improved confidence in Nutanix’s outlook. Article: Needham price target raise
• Neutral Sentiment: Despite the stronger results, some analysts remained cautious, with William Blair keeping a Hold rating, suggesting the market still sees balanced risk and reward. Article: Balanced Risk-Reward Keeps Nutanix at Hold

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.