
Nutanix (NTNX) Stock Forecast & Price Target
Nutanix (NTNX) Analyst Ratings
Bulls say
Nutanix Inc. has demonstrated significant growth, with customer counts reaching 30,980 by Q4-2025, representing a 10.4% increase year-over-year and a strong sequential gain of 1,050 customers. The company reported a 10% year-over-year revenue increase to $723 million, surpassing estimates, driven by robust term-license strength and an expansion in free cash flow (FCF) margins, which improved from 17% in September 2022 to 40% today. Management’s expectations for bookings growth to outpace revenue growth illustrate a positive outlook for the company's future, supported by an expanding total addressable market (TAM) in hybrid cloud infrastructures and new storage platform support.
Bears say
The analysis indicates a bearish outlook on Nutanix's stock due to significant historical declines in operating margins, with Non-GAAP Operating Margin plummeting from (8%) in FY18 to (35%) in FY20, raising concerns about profitability moving forward. A notable decrease in net retention, which fell 2 percentage points to 107%, further intensifies the risk of reduced revenue as the business continues to scale. Additionally, projections suggest that with a less favorable growth and margin profile, Nutanix may be assigned a lower valuation multiple, leading to a downside scenario based on anticipated revenue growth falling 250 basis points below current estimates.
This aggregate rating is based on analysts' research of Nutanix and is not a guaranteed prediction by Public.com or investment advice.
Nutanix (NTNX) Analyst Forecast & Price Prediction
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