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NTNXNutanix, Inc.
$58.37$15.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
NTNX logo

Nutanix, Inc.

NTNX
NASDAQ · DevOps & Observability
$58.37
At close - USD
Market Cap$15.78B
P/E89.8x
52W High$75.98
Volume1.92M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q4

VMware Tailwinds Fuel Inflection Amid Leverage Risks

Nutanix is experiencing a reacceleration in revenue growth to 15.9% YoY in 2026Q4, driven by the VMware transition, with operating income turning positive at $70.0M, suggesting an inflection point toward sustained profitability.

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

NTNX price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

12/12 Beats

EPS beat 12 of last 12 quarters

02

Valuation risk

+148% Peers

P/E is 148% above peer median

03

Market leadership

RS 84 · Leader

High momentum (Outperforming 84% of market)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystConfirmed earnings · Nov 24
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth reaccelerated to 15.9% YoY in 2026Q4, suggesting VMware tailwinds, while operating margins of 9.2% indicate continued profitability challenges despite high gross margins of 86.0%.

Analyst Consensus+34.5% target
Buy(32 analysts)
20 Buy12 Hold0 Sell

The Bull Case

Upside Catalysts

Unified cloud platform

Nutanix offers a unified platform that integrates infrastructure and management for seamless operations across clouds, enhancing efficiency and simplicity.

Hybrid cloud leadership

The company provides the agility of public cloud with the performance and security of private cloud, catering to diverse hybrid cloud needs.

Strong market position

Nutanix is recognized as a leader in hyperconverged infrastructure and hybrid cloud software, with a growing presence in virtualization and Kubernetes.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NTNX+15.36%
S&P 500 (^GSPC)+7.63%
1-Year Return
NTNX-15.16%
S&P 500 (^GSPC)+9.69%
3-Year Return
NTNX+54.58%
S&P 500 (^GSPC)+68.26%
5-Year Return
NTNX+63.27%
S&P 500 (^GSPC)+56.31%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
11.3x
Forward P/E
30.3x
EV/EBITDA0th %ile
47.3x
FCF YieldCash Flow
5.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
11.3x
115.6x
0th· Low
EV/EBITDA
47.3x
93.0x
0th· Low
Price/FCF
18.8x
29.5x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$14.04-75.9%
Base (Fair)$27.70-52.5%
Bull$34.69-40.6%
$14.04 Bear$27.70 Base$34.69 Bull
Current Market Price: $58.37
Trades at a 110.7% premium to Base DCF ($27.70)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$2.54B+18.1% YoY
Net income FY25
$188M+251.0% YoY
Free cash flow FY25
$750M+25.5% YoY
Operating margin FY25
6.8%+6.4 pts YoY
ROIC (FY25)688.9%
Avg ROIC 5Y-
ROE (FY25)-
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate12/12 (100%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 26, 2026
$0.60+22.4%
vs $0.49
$757M+2.5%
vs $738M
Q2 2026
May 27, 2026
$0.47+32.1%
vs $0.36
$703M+2.4%
vs $686M
Q1 2026
Feb 25, 2026
$0.56+27.3%
vs $0.44
$723M+1.8%
vs $710M
Q4 2025
Nov 25, 2025
$0.41+0.1%
vs $0.41
$671M-0.9%
vs $677M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Zacks Investment Research·2d ago
Nutanix (NTNX) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Nutanix (NTNX) reached $58.55 at the closing of the latest trading day, reflecting a -8.08% change compared to its last close.

Defense World·4d ago
31,556 Shares in Nutanix $NTNX Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. bought a new stake in Nutanix (NASDAQ: NTNX) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 31,556 shares of the technology company's stock, valued at approximately $2,222,000. Several other large investors have also

Zacks Investment Research·5d ago
Is Nutanix (NTNX) a Buy as Wall Street Analysts Look Optimistic?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Zacks Investment Research·Oct 30, 2026
Nutanix (NTNX) Registers a Bigger Fall Than the Market: Important Facts to Note

In the closing of the recent trading day, Nutanix (NTNX) stood at $67.21, denoting a -4.95% move from the preceding trading day.

Filtered for Nutanix, Inc.More Headlines
04

Compare before deciding

Benchmark NTNX against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Nutanix, Inc. (NTNX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NTNX logoNTNXNutanix, Inc.Current
$58.37$15.78B89.8018.11%7.42%——
CVLT logoCVLTCommvault Systems, Inc.
$158.36$6.56B100.2318.89%6.6%114.51%—
SCSC logoSCSCScanSource, Inc.
$42.78$869.48M14.26-6.72%2.44%8.66%—
PSTG logoPSTGEverpure, Inc
$74.61$24.66B158.74—5.89%17.22%—
HPE logoHPEHewlett Packard Enterprise Company
$44.76$59.26B-1003.4814.06%6.57%10.85%1.34%
NTAP logoNTAPNetApp, Inc.
$169.15$33.5B26.605.37%19.19%113.67%1.23%

Compare NTNX vs Peers

Nutanix, Inc. (NTNX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CVLT

Most directly comparable listed peer for NTNX.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare NTNX against a more recognizable public peer.

Peer Set

Compare Top 5

vs CVLT, SCSC, PSTG, HPE

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

NTNX SEC Filings & Documents

Nutanix, Inc. (NTNX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Sep 24, 2026·SEC

Material company update

Aug 26, 2026·SEC

Material company update

Aug 4, 2026·SEC

10-K Annual Reports

4
FY 2026

Sep 18, 2026·SEC

FY 2025

Sep 24, 2025·SEC

FY 2024

Sep 19, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 29, 2026·SEC

FY 2026

Mar 2, 2026·SEC

FY 2025

Dec 4, 2025·SEC

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NTNX Frequently Asked Questions

Nutanix, Inc. (NTNX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Nutanix, Inc.'s revenue?

Nutanix, Inc. (NTNX) reported $2.85B in revenue over the trailing twelve months. Revenue was $2.54B in fiscal year 2025. That is 8212% more than the $30.5M of fiscal year 2013.

How fast is Nutanix, Inc. growing?

Nutanix, Inc. (NTNX) grew revenue by 18.1% in fiscal year 2025, compared with the prior fiscal year.

Is NTNX profitable?

Yes. Nutanix, Inc. (NTNX) earned $1.51B in net income over the trailing twelve months (a 52.8% net margin).

Dividend & Returns
What is Nutanix, Inc.'s free cash flow?

Nutanix, Inc. (NTNX) generated $840.7M in free cash flow over the trailing twelve months.

What if you invested $1,000 in NTNX back in 2013?

Total return calculator · dividends reinvested · 13+ years of data

See returns →