Key Takeaways:
- Raymond James downgrades Nutanix, raising valuation concerns despite strong cloud market positioning.
- Analyst forecasts present an average upside potential of 8.40% for Nutanix Inc (NTNX, Financial).
- GuruFocus GF Value indicates a potential downside of 47.93%, suggesting caution for new investors.
Raymond James recently downgraded Nutanix (NTNX) from Outperform to Market Perform. The decision follows a substantial rise in the company's stock price, which now raises valuation concerns. Despite Nutanix's solid position in the cloud market, analysts express apprehension regarding impending challenges, particularly the impact of tariffs on IT spending.
Wall Street Analysts' Forecasts
The one-year price targets set by 15 analysts for Nutanix Inc (NTNX, Financial) show an average target price of $88.44. The estimates range from a high of $100.00 to a low of $73.11. This average target suggests an upside of 8.40% from the current trading price of $81.59. Investors can find more in-depth estimate data on the Nutanix Inc (NTNX) Forecast page.
Currently, Nutanix Inc receives an "Outperform" status based on the consensus recommendation from 18 brokerage firms, with an average brokerage recommendation of 1.8. This rating falls within a scale of 1 to 5, where 1 represents a Strong Buy, and 5 indicates a Sell.
GuruFocus's Perspective
According to GuruFocus estimates, the projected GF Value for Nutanix Inc (NTNX, Financial) stands at $42.48, presenting a potential downside of 47.93% from the current price of $81.59. The GF Value represents GuruFocus' assessment of the stock's fair value derived from historical trading multiples and projections of future business performance. More comprehensive data can be explored on the Nutanix Inc (NTNX) Summary page.
