By TipRanks Auto-Generated Intelligence Newsdesk
Publication Date: 2025-11-26 10:06:00
Securities analyst at Bank of America Wamsi Mohan Yesterday he reiterated a Buy rating on Nutanix and set a price target of $75.00.
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Wamsi Mohan gave his Buy rating due to a combination of factors influencing Nutanix’s financial prospects. Despite a slight revenue loss in the fiscal first quarter, the company saw a shift in revenue recognition due to a higher proportion of bookings with future start dates. This shift is attributed to increased Broadcom migrations and revenue through third-party OEM partners, which could strengthen future performance if booking growth remains strong.
Additionally, Nutanix’s operating margin and cash flow guidance remain stable, with the latter even seeing an increase due to the initial collection of cash into reserves. The company continues to balance growth investments with margin expansion, and there is potential to further increase market share against competitors like VMware. Partnerships with important players such as Dell,…
