By
Publication Date: 2026-01-16 14:16:00
New York, January 16, 2026, 08:37 EST — Premarket
- Nutanix shares ticked up 0.04% premarket, trading at $48.69 following a 5.38% slide in the previous session
- Barclays downgraded the rating to equalweight and slashed the price target from $64 to $53
- Management is set to present at the Needham Growth Conference this Friday
Nutanix (NTNX) shares ticked up 0.04% to $48.69 in premarket trading Friday, following a 5.38% drop to $48.67 in the prior session. The stock has fallen roughly 27% over the past year, swinging between $46.12 and $83.36 in the last 52 weeks. (Investing)
Analysts remain focused on a key question: can Nutanix convert its recent surge in software interest into rapid revenue growth, or will it linger in the “good demand, messy timing” phase for another quarter or two?
This matters now because the core bullish argument hinges on customers switching away from VMware. Delays in signing or kicking off those projects would drag down near-term results, even if the long-term thesis stays intact.
Nutanix’s management is set to present at the 28th Annual Needham Growth Conference on Friday at 11:00 a.m. Eastern, with a webcast available for investors. (Nasdaq)
Barclays downgraded Nutanix from overweight to equalweight and slashed its price target to $53 from $64. The bank described Nutanix as being in the “middle innings” of its effort to capture market share from VMware but expects bookings—orders signed during the…
