Piper Sandler analyst James Fish has reiterated an "Overweight" rating for Nutanix (NTNX, Financial), alongside a significant adjustment in the price target. The price target for NTNX has been raised from $76.00 to $88.00 USD, marking a 15.79% increase.
This decision to maintain an "Overweight" rating suggests a positive outlook on Nutanix's (NTNX, Financial) performance and potential for future growth. The adjustment in the price target reflects Piper Sandler's increased confidence in the company's forecasted financial metrics.
The updated price target and rating, confirmed on May 29, 2025, underscore Piper Sandler's belief in Nutanix's (NTNX, Financial) ability to capitalize on market opportunities and deliver value to its shareholders.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Nutanix Inc (NTNX, Financial) is $90.40 with a high estimate of $100.00 and a low estimate of $73.11. The average target implies an upside of 19.49% from the current price of $75.66. More detailed estimate data can be found on the Nutanix Inc (NTNX) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, Nutanix Inc's (NTNX, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Nutanix Inc (NTNX, Financial) in one year is $42.48, suggesting a downside of 43.85% from the current price of $75.66. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Nutanix Inc (NTNX) Summary page.
