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Publication Date: 2025-08-28 07:00:00
Nutanix (NASDAQ:NTNX) ended fiscal 2025 with a stronger-than-expected fourth quarter, posting double-digit revenue growth and signaling traction from large strategic deals and deepening industry partnerships. Yet, near-term contract timing issues clouded investor sentiment, sending shares lower.
The company reported fourth-quarter revenue of $653.3 million, a 19% increase from the prior year and above guidance, as it benefited from steady new customer additions and expanding enterprise adoption. However, annual recurring revenue (ARR) and net revenue retention (NRR) faced temporary headwinds from contracts with deferred start dates.
Needham analyst Mike Cikos reiterated a Buy rating on Nutanix on Thursday but trimmed his price forecast to $80 from $92, citing near-term valuation pressure while maintaining confidence in the company’s long-term trajectory.
Also Read: Nutanix Stock Slides After Q4 Earnings Report
In his note to investors, he pointed to Nutanix’s strong execution, broadening ecosystem partnerships with Cisco (NASDAQ:CSCO), Dell (NYSE:DELL), and Pure Storage (NYSE:PSTG), as well as early adoption of its Nutanix Cloud Infrastructure (NCI) Compute platform as key growth catalysts.
Fiscal 2025 closed on a strong note, with Nutanix demonstrating execution against large strategic opportunities while building momentum for fiscal 2026, Cikos noted, adding that the company remains well-positioned to capture market share following Broadcom’s (NASDAQ:
