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Publication Date: 2026-06-17 07:00:00
Nutanix has been treading water for the past six months, recording a small loss of 3.4% while holding steady at $48.52. The stock also fell short of the S&P 500’s 12.4% gain during that period.
Is now the time to buy Nutanix, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it’s free.
Why Is Nutanix Not Exciting?
We don’t have much confidence in Nutanix. Here are three reasons why NTNX doesn’t excite us, plus one stock we’d rather own.
1. Weak Billings Point to Soft Demand
Billings is a non-GAAP metric that is often called “cash revenue” because it shows how much money the company has collected from customers in a certain period. This is different from revenue, which must be recognized in pieces over the length of a contract.
Nutanix’s billings came in at $812.9 million in Q1, and over the last four quarters, its year-on-year growth averaged 13.5%. This performance slightly lagged the sector and suggests that increasing competition is causing challenges in acquiring/retaining customers.
2. Projected Revenue Growth Is Slim
Forecasted revenues by Wall Street analysts signal a company’s potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing…
