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A Quick Look at Today's Ratings for Nutanix(NTNX.US), With a Forecast Between $75 to $90

Futu News ·  Nov 27 21:00  · Ratings

On Nov 27, major Wall Street analysts update their ratings for $Nutanix (NTNX.US)$, with price targets ranging from $75 to $90.

BofA Securities analyst Wamsi Mohan maintains with a buy rating, and adjusts the target price from $75 to $85.

Barclays analyst George Wang CFA maintains with a buy rating, and adjusts the target price from $75 to $87.

Wells Fargo analyst Aaron Rakers maintains with a hold rating, and maintains the target price at $75.

Needham analyst Mike Cikos maintains with a buy rating, and adjusts the target price from $80 to $90.

RBC Capital analyst Matthew Hedberg maintains with a buy rating, and maintains the target price at $83.

Furthermore, according to the comprehensive report, the opinions of $Nutanix (NTNX.US)$'s main analysts recently are as follows:

  • Despite some challenges, Nutanix exceeded market expectations in fiscal Q1 with both, top and bottom lines showing impressive results. Strong operating discipline and robust generation of free cash flow were among the highlights, alongside notable traction in the VMware opportunity.

  • The company experienced a robust fiscal first quarter and raised its revenue and free cash flow guidance for the second quarter of 2025, fueled by strong renewals. Additionally, the firm's position in the market continues to strengthen, supported by an increasing number of channel partnerships.

  • Nutanix demonstrated consistent upside, fueled by stable enterprise demand and shifts away from VMware. The perspectives remain neutral with an assessment of balanced risks and rewards. It is anticipated that the conversion of pipelines will require time, coupled with potential unpredictabilities in large deals and operational expenditure investments towards the second half of 2025.

Here are the latest investment ratings and price targets for $Nutanix (NTNX.US)$ from 6 analysts:

StockTodayLatestRating_nn_211580_20241127_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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