By @MEXC_Official
Publication Date: 2026-04-03 20:57:00
TLDR
- Rosenblatt Securities initiated coverage of Nutanix (NTNX) with a “Strong Buy” rating and a $60 price target, implying approximately a 46% upside from current levels.
- Shares rose about 8% on the news, with shares opening at $41.10 on Wednesday.
- Nutanix recently beat quarterly estimates, posting EPS of $0.56 versus consensus of $0.44, on revenue of $722.8 million, up 10.4% year-over-year.
- The company will host an Investor Day on April 7 and recently launched a new full-fledged Agentic AI software product.
- The broadest consensus among analysts is at “Moderate Buy” with an average price target of $62.27, while institutional investors own approximately 85% of the stock.
Nutanix shares opened at $41.10 on Wednesday, before jumping about 8% that day.
Nutanix, Inc., NTNX
The stock has had a tough 12 months, down more than 26% so far this year and well below its 52-week high of $83.36. That context makes Wednesday’s move worth paying attention to.
The jump came later…
