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About

Nutanix, Inc. provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. It offers hyperconverged infrastructure software; Nutanix Cloud Platform, which is designed to enable organizations to build hybrid multicloud infrastructure; Nutanix cloud infrastructure, is a distributed HCI for enterprise IT applications, includes Nutanix AOS; Nutanix AHV; Nutanix data services for Kubernetes; flow network security; flow virtual networking provides software-defined networking with multi-tenant isolation; Nutanix Cloud Clusters; Nutanix central provides management of the Nutanix hybrid multicloud environment; and Nutanix prism, is the unified control plane and UI; Nutanix Cloud Manager, is a unified management solution; NCM Intelligent Operations; NCM Self-Service and Orchestration; NCM Cost Governance; and Nutanix Security Central unifies cloud security operations. In addition, the company offers Nutanix Kubernetes Platform, which is an enterprise-grade Kubernetes platform to accelerate app development without lock-in; Nutanix Unified Storage; Nutanix Files Storage, is a software-defined scale-out file storage solution; Nutanix Objects Storage, is a scale-out S3-compatible object storage solution; Nutanix Objects Storage; Nutanix Volumes Block Storage, is a software-defined storage solution; Nutanix Data Lens, is a cloud-based cyber resilience service; Nutanix Database Service; Nutanix Enterprise AI, is a centralized inferencing control plane; and GPT-in-a-Box is a full-stack help provide consistent data services for structured and unstructured data. Further, it provides product support, and consulting and implementation services. The company serves financial services, retail, manufacturing, public sector, automotive and other transportation, consumer goods, education, energy, healthcare, media, technology, and telecommunications industries. The company was incorporated in 2009 and is headquartered in San Jose, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 10.19B
Enterprise Value 9.66B Income 220.54M Sales 2.62B
Book/sh -2.47 Cash/sh 7.63 Dividend Yield —
Payout 0.00% Employees 7800 IPO —
P/E 49.59 Forward P/E 17.42 PEG —
P/S 3.89 P/B -15.26 P/C —
EV/EBITDA 35.07 EV/Sales 3.69 Quick Ratio 1.72
Current Ratio 1.89 Debt/Eq — LT Debt/Eq —
EPS (ttm) 0.76 EPS next Y 2.16 EPS Growth 103.80%
Revenue Growth 13.50% Earnings 2026-02-25 ROA 4.63%
ROE — ROIC — Gross Margin 87.03%
Oper. Margin 7.36% Profit Margin 8.43% Shs Outstand 270.40M
Shs Float 268.75M Short Float 5.62% Short Ratio 2.76
Short Interest — 52W High 83.36 52W Low 35.39
Beta 0.48 Avg Volume 4.90M Volume 2.14M
Target Price $62.00 Recom Buy Prev Close $37.86
Price $37.69 Change -0.46%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$62.00
Mean price target
2. Current target
$37.69
Latest analyst target
3. DCF / Fair value
$33.63
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$37.69
Low
$47.04
High
$95.00
Mean
$62.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-24 main Morgan Stanley Equal-Weight → Equal-Weight $56
2026-02-09 main Goldman Sachs Buy → Buy $60
2026-01-15 down Barclays Overweight → Equal-Weight $53
2026-01-12 down Morgan Stanley Overweight → Equal-Weight $62
2026-01-05 main RBC Capital Outperform → Outperform $65
2025-11-28 main Goldman Sachs Buy → Buy $75
2025-11-26 main Northland Capital Markets Market Perform → Market Perform $53
2025-11-26 main JP Morgan Overweight → Overweight $65
2025-11-26 main Wells Fargo Equal-Weight → Equal-Weight $57
2025-11-26 main Morgan Stanley Overweight → Overweight $82
2025-11-26 reit Piper Sandler Overweight → Overweight $72
2025-11-26 main Keybanc Overweight → Overweight $65
2025-11-26 main B of A Securities Buy → Buy $75
2025-11-26 main Needham Buy → Buy $65
2025-11-17 init Oppenheimer — → Outperform $90
2025-11-17 main JP Morgan Overweight → Overweight $78
2025-08-28 main JP Morgan Overweight → Overweight $81
2025-08-28 main B of A Securities Buy → Buy $93
2025-08-28 main Wells Fargo Equal-Weight → Equal-Weight $71
2025-08-28 main Barclays Overweight → Overweight $82
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 4725 — — MARTIN BRIAN M Officer — 2025-12-15 00:00:00 D nan
1 50427 — — RAMASWAMI RAJIV Chief Executive Officer — 2025-12-15 00:00:00 D nan
2 22148 — — SIVARAMAN RUKMINI N Chief Financial Officer — 2025-12-15 00:00:00 D nan
3 4588 — Stock Award(Grant) at price 0.00 per share. SHEPPARD TERESA GAYLE Director — 2025-12-12 00:00:00 D —
4 4588 — Stock Award(Grant) at price 0.00 per share. DE GROEN MAX PIETER Director — 2025-12-12 00:00:00 D —
5 4588 — Stock Award(Grant) at price 0.00 per share. TEMPLETON MARK B Director — 2025-12-12 00:00:00 D —
6 4588 — Stock Award(Grant) at price 0.00 per share. LAVENDER ROBERT G Director — 2025-12-12 00:00:00 D —
7 4588 — Stock Award(Grant) at price 0.00 per share. CONWAY CRAIG Director — 2025-12-12 00:00:00 D —
8 4588 — Stock Award(Grant) at price 0.00 per share. GOMO STEVEN J Director — 2025-12-12 00:00:00 D —
9 4588 — Stock Award(Grant) at price 0.00 per share. BRANDT ERIC K Director — 2025-12-12 00:00:00 D —
Financials
Line Item2025-07-312024-07-312023-07-312022-07-31
TaxEffectOfUnusualItems0.000.000.00-55.22M
TaxRateForCalcs0.110.210.210.21
NormalizedEBITDA292.73M141.26M-93.08M-368.05M
TotalUnusualItems0.000.00-262.95M-269.26M
TotalUnusualItemsExcludingGoodwill0.000.00-262.95M-269.26M
NetIncomeFromContinuingOperationNetMinorityInterest188.37M-124.78M-254.56M-798.95M
ReconciledDepreciation72.70M73.20M76.39M87.95M
ReconciledCostOfRevenue334.78M324.11M332.19M321.16M
EBITDA292.73M141.26M-93.08M-631.00M
EBIT220.03M68.06M-169.47M-718.95M
NetInterestIncome53.93M-100.89M-25.69M-55.97M
InterestExpense8.38M169.38M64.11M60.73M
InterestIncome62.31M68.49M38.43M4.76M
NormalizedIncome188.37M-124.78M-254.56M-591.22M
NetIncomeFromContinuingAndDiscontinuedOperation188.37M-124.78M-254.56M-798.95M
TotalExpenses2.37B2.14B2.07B2.04B
TotalOperatingIncomeAsReported172.54M7.56M-207.15M-458.85M
DilutedAverageShares294.08M244.74M233.25M220.53M
BasicAverageShares267.48M244.74M233.25M220.53M
DilutedEPS0.65-0.51-1.09-3.62
BasicEPS0.70-0.51-1.09-3.62
DilutedNIAvailtoComStockholders188.37M-124.78M-254.56M-798.95M
NetIncomeCommonStockholders188.37M-124.78M-254.56M-798.95M
NetIncome188.37M-124.78M-254.56M-798.95M
NetIncomeIncludingNoncontrollingInterests188.37M-124.78M-254.56M-798.95M
NetIncomeContinuousOperations188.37M-124.78M-254.56M-798.95M
TaxProvision23.28M23.46M20.98M19.26M
PretaxIncome211.65M-101.32M-233.59M-779.68M
OtherIncomeExpense-14.82M-7.99M-749.00K-264.86M
OtherNonOperatingIncomeExpenses-14.82M-7.99M-749.00K-1.91M
SpecialIncomeCharges0.000.00-64.91M0.00
OtherSpecialCharges64.91M
GainOnSaleOfSecurity-198.04M-269.26M
NetNonOperatingInterestIncomeExpense53.93M-100.89M-25.69M-55.97M
InterestExpenseNonOperating8.38M169.38M64.11M60.73M
InterestIncomeNonOperating62.31M68.49M38.43M4.76M
OperatingIncome172.54M7.56M-207.15M-458.85M
OperatingExpense2.03B1.82B1.74B1.72B
DepreciationAmortizationDepletionIncomeStatement827.00K2.60M2.60M
DepreciationAndAmortizationInIncomeStatement827.00K2.60M2.60M
Amortization827.00K2.60M2.60M
AmortizationOfIntangiblesIncomeStatement827.00K2.60M2.60M
ResearchAndDevelopment736.82M638.99M580.96M573.00M
SellingGeneralAndAdministration1.29B1.18B1.16B1.15B
SellingAndMarketingExpense1.06B977.29M924.70M979.08M
GeneralAndAdministrativeExpense237.32M200.86M232.20M166.42M
OtherGandA237.32M200.86M232.20M166.42M
SalariesAndWages138.09M161.26M177.21M
GrossProfit2.20B1.82B1.53B1.26B
CostOfRevenue334.78M324.11M332.19M321.16M
TotalRevenue2.54B2.15B1.86B1.58B
OperatingRevenue2.54B2.15B1.86B1.58B
Line Item2025-07-312024-07-312023-07-312022-07-31
OrdinarySharesNumber269.05M265.18M239.61M226.94M
ShareIssued269.05M265.18M239.61M226.94M
NetDebt574.32M705.24M898.81M769.97M
TotalDebt1.48B684.60M1.32B1.43B
TangibleBookValue-882.37M-918.54M-897.25M-1.00B
InvestedCapital649.30M-158.07M510.75M501.16M
WorkingCapital1.18B236.95M725.63M497.42M
NetTangibleAssets-882.37M-918.54M-897.25M-1.00B
CapitalLeaseObligations138.99M114.52M98.51M129.58M
CommonStockEquity-694.52M-728.15M-707.42M-800.50M
TotalCapitalization649.30M-158.07M510.75M355.70M
TotalEquityGrossMinorityInterest-694.52M-728.15M-707.42M-800.50M
StockholdersEquity-694.52M-728.15M-707.42M-800.50M
GainsLossesNotAffectingRetainedEarnings700.00K146.00K-5.17M-6.08M
OtherEquityAdjustments700.00K146.00K-5.17M-6.08M
RetainedEarnings-4.90B-4.85B-4.63B-4.38B
AdditionalPaidInCapital4.20B4.12B3.93B3.58B
CapitalStock7.00K7.00K6.00K6.00K
CommonStock7.00K7.00K6.00K6.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest3.98B2.87B3.23B3.17B
TotalNonCurrentLiabilitiesNetMinorityInterest2.56B1.63B2.10B2.01B
OtherNonCurrentLiabilities45.87M49.13M39.75M35.16M
DerivativeProductLiabilities0.00500.18M
NonCurrentDeferredLiabilities1.06B918.16M771.37M724.54M
NonCurrentDeferredRevenue1.06B918.16M771.37M724.54M
LongTermDebtAndCapitalLeaseObligation1.46B660.43M1.29B1.25B
LongTermCapitalLeaseObligation115.75M90.36M68.94M89.78M
LongTermDebt1.34B570.07M1.22B1.16B
CurrentLiabilities1.41B1.24B1.14B1.16B
OtherCurrentLiabilities21.04M34.11M31.11M22.55M
CurrentDeferredLiabilities1.05B954.54M823.66M720.99M
CurrentDeferredRevenue1.05B954.54M823.66M720.99M
CurrentDebtAndCapitalLeaseObligation23.23M24.16M29.57M185.26M
CurrentCapitalLeaseObligation23.23M24.16M29.57M39.80M
CurrentDebt145.46M
OtherCurrentBorrowings145.46M
PensionandOtherPostRetirementBenefitPlansCurrent26.32M24.68M10.14M19.17M
CurrentProvisions21.04M71.00M9.75M22.55M
PayablesAndAccruedExpenses309.96M240.96M167.62M194.27M
CurrentAccruedExpenses196.99M164.10M116.17M115.08M
Payables112.97M76.86M51.45M79.20M
OtherPayable701.00K1.92M
TotalTaxPayable31.37M31.80M19.61M34.27M
IncomeTaxPayable1.93M2.19M13.21M13.31M
AccountsPayable81.60M45.07M29.93M44.93M
TotalAssets3.28B2.14B2.53B2.37B
TotalNonCurrentAssets694.03M662.62M665.18M707.77M
OtherNonCurrentAssets39.62M27.96M31.94M22.27M
NonCurrentDeferredAssets189.22M198.96M237.99M252.23M
GoodwillAndOtherIntangibleAssets187.85M190.39M189.83M201.09M
OtherIntangibleAssets2.62M5.15M4.89M15.83M
Goodwill185.24M185.24M184.94M185.26M
NetPPE277.34M245.31M205.42M232.18M
AccumulatedDepreciation-550.97M-526.45M-507.97M-437.28M
GrossPPE828.31M771.76M713.39M669.46M
Leases71.52M64.61M64.67M61.44M
OtherProperties276.54M240.41M242.21M249.97M
MachineryFurnitureEquipment480.26M466.74M406.51M358.04M
Properties0.000.000.000.00
CurrentAssets2.59B1.48B1.86B1.66B
OtherCurrentAssets38.31M26.48M56.13M37.43M
CurrentDeferredAssets153.07M159.85M120.00M115.36M
PrepaidAssets56.76M62.81M85.00M48.84M
Receivables348.28M237.81M163.21M132.07M
TaxesReceivable10.32M8.02M5.95M7.51M
AccountsReceivable337.97M229.80M157.25M124.56M
AllowanceForDoubtfulAccountsReceivable-2.19M-772.00K-733.00K-644.00K
GrossAccountsReceivable340.15M230.57M157.98M125.20M
CashCashEquivalentsAndShortTermInvestments1.99B994.34M1.44B1.32B
OtherShortTermInvestments1.22B339.07M924.47M921.43M
CashAndCashEquivalents769.50M655.27M512.93M402.85M
Line Item2025-07-312024-07-312023-07-312022-07-31
FreeCashFlow750.17M597.68M207.00M18.48M
RepurchaseOfCapitalStock-307.90M-131.14M0.00-58.57M
RepaymentOfDebt-102.88M-821.51M-149.00M-1.09M
IssuanceOfDebt848.01M0.000.0088.69M
CapitalExpenditure-71.28M-75.25M-65.40M-49.06M
IncomeTaxPaidSupplementalData32.54M23.65M30.78M20.35M
EndCashPosition769.50M655.27M512.93M402.85M
OtherCashAdjustmentOutsideChangeinCash-15.00K-392.00K-2.84M-3.01M
BeginningCashPosition655.66M515.77M405.86M288.87M
ChangesInCash113.86M139.89M109.91M116.99M
FinancingCashFlow244.09M-1.06B-112.71M103.64M
CashFlowFromContinuingFinancingActivities244.09M-1.06B-112.71M103.64M
NetOtherFinancingCharges-262.08M-161.55M-10.21M25.17M
ProceedsFromStockOptionExercised68.94M51.57M46.50M49.44M
NetCommonStockIssuance-307.90M-131.14M0.00-58.57M
CommonStockPayments-307.90M-131.14M0.00-58.57M
NetIssuancePaymentsOfDebt745.13M-821.51M-149.00M87.60M
NetLongTermDebtIssuance745.13M-821.51M-149.00M87.60M
LongTermDebtPayments-102.88M-821.51M-149.00M-1.09M
LongTermDebtIssuance848.01M0.000.0088.69M
InvestingCashFlow-951.69M529.59M-49.78M-54.19M
CashFlowFromContinuingInvestingActivities-951.69M529.59M-49.78M-54.19M
NetInvestmentPurchaseAndSale-880.40M609.34M9.71M-5.13M
SaleOfInvestment479.19M1.48B965.04M1.08B
PurchaseOfInvestment-1.36B-871.26M-955.33M-1.08B
NetBusinessPurchaseAndSale0.00-4.50M5.91M0.00
SaleOfBusiness0.000.005.91M0.00
PurchaseOfBusiness0.00-4.50M0.000.00
NetPPEPurchaseAndSale-71.28M-75.25M-65.40M-49.06M
PurchaseOfPPE-71.28M-75.25M-65.40M-49.06M
OperatingCashFlow821.46M672.93M272.40M67.54M
CashFlowFromContinuingOperatingActivities821.46M672.93M272.40M67.54M
ChangeInWorkingCapital169.38M204.50M64.47M66.06M
ChangeInOtherWorkingCapital190.33M227.65M112.03M56.90M
ChangeInOtherCurrentLiabilities-37.58M
ChangeInPayablesAndAccruedExpense59.03M-15.96M37.56M-15.68M
ChangeInAccruedExpense29.02M-30.71M47.16M-14.22M
ChangeInPayable30.02M14.75M-9.60M-1.46M
ChangeInAccountPayable30.02M14.75M-9.60M-1.46M
ChangeInPrepaidAssets-8.10M46.62M-59.24M-36.17M
ChangeInReceivables-71.89M-53.81M-25.89M61.00M
ChangesInAccountReceivables-71.89M-53.81M-25.89M61.00M
OtherNonCashItems39.42M186.18M85.32M106.29M
StockBasedCompensation351.59M333.83M311.75M343.25M
AssetImpairmentCharge597.00K1.42M
DepreciationAmortizationDepletion72.70M73.20M76.39M87.95M
DepreciationAndAmortization72.70M73.20M76.39M87.95M
OperatingGainsLosses-10.96M262.95M269.26M
GainLossOnInvestmentSecurities198.04M269.26M
GainLossOnSaleOfBusiness0.000.00-10.96M0.00
NetIncomeFromContinuingOperations188.37M-124.78M-254.56M-798.95M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for NTNX
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