Bank of America Lowers Nutanix (NASDAQ:NTNX) Price Target to $60.00

Nutanix (NASDAQ:NTNX) had its price objective dropped by analysts at Bank of America from $75.00 to $60.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Bank of America‘s price target indicates a potential upside of 56.74% from the company’s current price.

Several other analysts also recently issued reports on the company. Zacks Research downgraded Nutanix from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Royal Bank Of Canada set a $55.00 price objective on shares of Nutanix in a report on Wednesday, February 11th. JPMorgan Chase & Co. lowered their target price on shares of Nutanix from $78.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Morgan Stanley cut their target price on shares of Nutanix from $62.00 to $56.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Oppenheimer initiated coverage on shares of Nutanix in a report on Monday, November 17th. They issued an “outperform” rating and a $90.00 price target on the stock. Eleven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $62.43.

Nutanix Stock Performance

Shares of Nutanix stock opened at $38.28 on Thursday. Nutanix has a fifty-two week low of $35.39 and a fifty-two week high of $83.36. The company has a market capitalization of $10.35 billion, a P/E ratio of 41.61, a P/E/G ratio of 4.35 and a beta of 0.48. The company has a fifty day moving average of $45.10 and a 200 day moving average of $58.73.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.12. Nutanix had a negative return on equity of 39.30% and a net margin of 9.95%.The business had revenue of $722.83 million for the quarter, compared to analysts’ expectations of $709.83 million. During the same period last year, the firm earned $0.47 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Analysts forecast that Nutanix will post 0.31 EPS for the current year.

Institutional Investors Weigh In On Nutanix

Hedge funds have recently bought and sold shares of the business. New Millennium Group LLC bought a new stake in shares of Nutanix in the 4th quarter worth about $28,000. SJS Investment Consulting Inc. lifted its holdings in shares of Nutanix by 3,122.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 709 shares of the technology company’s stock valued at $53,000 after acquiring an additional 687 shares during the last quarter. Itau Unibanco Holding S.A. grew its position in Nutanix by 33.0% in the second quarter. Itau Unibanco Holding S.A. now owns 749 shares of the technology company’s stock worth $57,000 after acquiring an additional 186 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in Nutanix during the fourth quarter worth approximately $39,000. Finally, Covestor Ltd increased its stake in Nutanix by 73.1% during the fourth quarter. Covestor Ltd now owns 767 shares of the technology company’s stock worth $40,000 after acquiring an additional 324 shares during the last quarter. Hedge funds and other institutional investors own 85.25% of the company’s stock.

Key Headlines Impacting Nutanix

Here are the key news stories impacting Nutanix this week:

• Positive Sentiment: AMD strategic partnership and investment — AMD announced a multi‑year AI infrastructure partnership and a $250M package (about $150M equity at ~$36.26/sh and up to $100M for joint engineering/go‑to‑market), validating Nutanix’s enterprise AI positioning and drawing immediate buyer interest. AMD and Nutanix Announce Strategic Partnership to Advance an Open and Scalable Platform for Enterprise AI
• Positive Sentiment: Quarterly beat and customer momentum — Q2 results topped estimates (revenue ≈ $722.8M; adjusted EPS $0.56), with >1,000 new customers and the strongest new‑logo growth in eight years, supporting the narrative of durable demand for Nutanix’s hybrid cloud stack. Nutanix Q2 Earnings and Revenues Beat Estimates, Sales Rise Y/Y
• Positive Sentiment: Analyst backing and investor flow — Some firms raised/maintained bullish views (e.g., UBS bumped its PT to $60 with a Buy), and there was elevated call‑option activity, both of which have supported near‑term upside interest. Analyst Price Target Coverage (Benzinga)
• Neutral Sentiment: Strategic visibility — Coverage highlights Nutanix’s role in niche enterprise clouds (Nasdaq futures ecosystem and evolving cloud use cases), which supports narrative but is longer‑term and less likely to move the stock immediately. Nutanix Plays a Critical Role In Nasdaq Futures Cloud Ecosystem
• Neutral Sentiment: Investor access — Management will present at the Morgan Stanley TMT conference next week, offering additional opportunity for guidance color and investor Q&A. Nutanix to Present at Upcoming Investor Conference
• Negative Sentiment: FY26 revenue target cut and supply constraints — Management set FY26 revenue guidance to $2.80B–$2.84B and cited supply‑chain delays as the reason, signaling that demand is outpacing available hardware capacity and weighing on near‑term growth. Nutanix outlines $2.8B–$2.84B FY26 revenue target amid AMD partnership and supply chain delays
• Negative Sentiment: Demand > supply dynamic and revenue timing — Reports note bookings are strong but constrained by component availability, which can push revenue recognition later and inject execution risk into near‑term results. Nutanix: Demand Surge Is Now Running Into Supply Constraints
• Negative Sentiment: Analyst trims and insider/institutional flows — Several banks trimmed targets (Barclays cut to $47 equal‑weight; others trimmed forecasts) and filings show notable institutional rebalancing and insider sales, adding upward pressure to near‑term sentiment. Nutanix jumps as AMD takes strategic stake and the company posts a quarterly beat

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.