
Nutanix (NTNX) Stock Forecast & Price Target
Nutanix (NTNX) Analyst Ratings
Bulls say
Nutanix Inc has demonstrated sustained growth with the addition of over 600 new customers for six consecutive quarters, indicating strong competitive positioning and effective partnership strategies. The company reported an Annual Recurring Revenue (ARR) of $2.28 billion, reflecting an 18% year-over-year increase, along with accelerating Net New Annual Recurring Revenue (NNARR) of 17% or $82 million. Furthermore, Nutanix is on track to meet its Free Cash Flow targets due to improved profitability and a solid base of renewals, positioning the company favorably amidst ongoing market disruptions from mergers and acquisitions.
Bears say
Nutanix Inc. has experienced a significant decline in share price, down approximately 15% after reporting its first earnings miss in over five years, attributed to issues such as later start dates on migrations, an increasing reliance on partner channels, and tight supply chain conditions. The company's guidance for fiscal year 2026 has also been reduced by 3%, reflecting expectations of decreased average contract duration due to the non-recurrence of larger contracts, along with forward-looking forecasts that indicated a materially lower expected revenue range for the second quarter of $705-$715 million. Moreover, both annual recurring revenue (ARR) and net revenue retention (NRR) have been negatively impacted by a shift toward contracts with delayed start dates, leading to a revenue outcome of $670.6 million that fell at the low end of management's expectations.
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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