By Zacks Equity Research
Publication Date: 2026-03-27 15:30:00
It’s been a month since Nutanix’s (NTNX) last earnings report. Shares have lost about 1.3% in that period, outperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Nutanix approaching a breakout? Before we dive into how investors and analysts have reacted lately, let’s take a quick look at the most recent earnings report to get a better idea of the important drivers.
Nutanix reported second-quarter fiscal 2026 non-GAAP earnings of 56 cents per share, surpassing the Zacks Consensus Estimate by 27.27% and moving up 19.1% year over year.
Nutanix’s revenue increased 10.4% year over year to $722.8 million, surpassing the Zacks Consensus Estimate by 1.27% and the guided range of $705-$715 million.
The top line was driven by more than 1000 new customers coming to the company’s platform through various incentive programs, increased customer engagement by considering NTNX as an alternative amid…