iHub News
2月前
Nutanix Shares Dip After JPMorgan Downgrade on Macro ConcernsApril 10, 2026 9:38 AM
IH Market News
Shares of Nutanix Inc (NASDAQ:NTNX) slipped nearly 2% in premarket trading on Friday after JPMorgan Chase & Co lowered its rating on the stock.JPMorgan downgraded Nutanix to “neutral” from “overweight” and reduced its price target to $44 from $55.The bank cited expectations of a more volatile macroeconomic backdrop in the second half of calendar 2026 and into 2027 as the main reason for the downgrade. It pointed to the risk of a slowdown in enterprise IT spending, along with a potential pause following recent growth, which could limit visibility on the company’s path toward its medium-term goal of mid-to-high teens revenue growth by fiscal 2029. JPMorgan also flagged concerns about limited expansion in free cash flow margins over the same period.“While the inexpensive valuation for NTNX shares at this time leaves open the opportunity for significant upward momentum in the shares from potential partnerships to position the company for Enterprise AI investments, we believe the improvement in the fundamentals will take more time, and are opting to step into a Neutral rating while waiting for the same,” analysts told investors in a note.At its 2026 Investor Day, Nutanix outlined a growth strategy focused on becoming a major player in hybrid multi-cloud infrastructure and enterprise AI adoption, targeting sustained revenue growth and improved profitability.The company has also recently expanded its partnership ecosystem, including a new agreement with NetApp. This collaboration is expected to deliver a fully integrated solution later this year, enabling customers to combine existing NetApp systems with the Nutanix platform.Additionally, Nutanix announced a collaboration with Dell, bringing its platform to Dell PowerStore (currently in early access), and extended its partnership with Cisco through a joint solution that integrates Cisco UCS servers, Nutanix software, and NetApp within a validated FlexPod architecture.
Original: Nutanix Shares Dip After JPMorgan Downgrade on Macro Concerns
iHub News
4月前
Nutanix jumps 23% after earnings beat and new AMD AI allianceFebruary 26, 2026 8:11 AM
IH Market News
Shares of Nutanix (NASDAQ:NTNX) climbed more than 23% in premarket trading Thursday after the cloud software company posted stronger-than-expected quarterly results and announced a strategic artificial intelligence partnership with chipmaker AMD (NASDAQ:AMD).For its fiscal second quarter of 2026, Nutanix reported adjusted earnings per share of $0.56 on revenue of $722.8 million, compared with $654.7 million in the same period last year. Pretax income rose to $205.4 million from $173.9 million a year earlier, reflecting continued operating momentum.
Guidance signals continued growth
Looking ahead, the company expects third-quarter revenue between $680 million and $690 million, alongside a projected non-GAAP operating margin of 16% to 17%.For the full fiscal year, Nutanix forecast revenue in a range of $2.80 billion to $2.84 billion, with a non-GAAP operating margin of 21% to 22% and free cash flow of $745 million to $775 million. Management also indicated that its “bookings expectations are higher than before.”
AMD partnership targets enterprise AI
Alongside earnings, Nutanix unveiled a multi-year collaboration with AMD aimed at developing an enterprise-focused agentic AI and inferencing platform powered by AMD’s accelerated computing technology.As part of the agreement, AMD will invest $150 million in Nutanix equity and commit up to $100 million toward joint research, development and commercialization initiatives over several years. The companies expect the first version of the platform to launch in late 2026, with revenue contributions anticipated beginning in the second half of fiscal 2027.Bank of America analyst Wamsi Mohan said the partnership broadens Nutanix’s GPU ecosystem beyond Nvidia. However, “while similar platform already exists with Nvidia, it remains early days given the slower adoption of AI in enterprises,” he added.“While F26 is weaker given the delayed starts, we are encouraged by the higher expected bookings growth. We continue to see further share gain against VMWare and long-term upside from the partnerships with AMD, DELL, Cisco and Red Hat,” the analyst wrote.Bank of America reiterated its Buy rating on Nutanix shares with a $60 price target.Nutanix stock priceAdvanced Micro Devices stock price
Original: Nutanix jumps 23% after earnings beat and new AMD AI alliance
rbtree
10月前
I hear about a stock, come over to iHub, and here you are, ya bum!
I was away from trading for 24 years, save for a bit of mutual fund activity in my IRA's. First buy, last summer, was a whopping three shares of AVGO..now at over a double.
After reading this article, I think I should diversify into this stock https://www.marketbeat.com/originals/does-broadcom-have-a-vmware-problem-goldman-eyes-upside-in-ntnx/?MessageQueueID=31236
jgrabar
6年前
For how long have you held?
NTNX's Motion to Dismiss the class action complaint on 9/14/20. That case is on behalf of holders who purchased NTNX from March 2, 2018 through February 28, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Nutanix investors under the federal securities law for allegedly false and/or misleading statements and/or failed to disclose that: (1) Nutanix had reallocated lead generation spending to other priorities, which represented a significant strategy shift from how the Company had historically conducted its sales efforts; (2) Nutanix’s decision to reallocate lead generation spending had caused a large disruption in the Company’s sales execution, thereby negatively impacting Nutanix’s sales pipeline and slowing the Company’s sales growth; (3) Nutanix had fallen behind in its sales hiring goals, which was further impairing the Company’s efforts to grow its sales pipeline development; (4) the improvement in the Company’s gross margins was not the result of the changes being made to the Company’s business model, including the shift from hardware to software and the change from licensing to subscription platforms, but rather was the result of the Company’s decision to reallocate lead generation spending.
Shareholders who purchased prior to 3/2/18 can make a demand for better corporate governance, return of funds from the class action back to the company, and a court approved cash incentive award.
Best regards,
Josh Grabar
jgrabar@grabarlaw.com
whytestocks
7年前
News: $NTNX Why Nutanix, Dick's Sporting Goods, and ChemoCentryx Jumped Today
Major benchmarks rose modestly on Tuesday, with market participants remaining optimistic as the Thanksgiving-shortened week continued. Despite a drop in consumer confidence and declining new home sales in the U.S., enthusiasm about a possible trade deal with China took center stage once again. S...
In case you are interested NTNX - Why Nutanix, Dick's Sporting Goods, and ChemoCentryx Jumped Today