Nutanix Raises $150 Million Through AMD Equity Investment

The latest update is out from Nutanix ( (NTNX) ).

On May 4, 2026, Nutanix, Inc. completed a private placement of 4,136,789 shares of its Class A common stock to Advanced Micro Devices, Inc. at $36.26 per share, raising approximately $150 million in cash. The transaction, executed under a February 23, 2026 stock purchase agreement and exempt from U.S. securities registration, brings a significant equity investment from a major technology partner, strengthening Nutanix’s capital position and potentially deepening its strategic ties within the data center ecosystem.

The most recent analyst rating on (NTNX) stock is a Hold with a $44.00 price target. To see the full list of analyst forecasts on Nutanix stock, see the NTNX Stock Forecast page.

Spark’s Take on NTNX Stock

According to Spark, TipRanks’ AI Analyst, NTNX is a Neutral.

The score is driven mainly by improving fundamentals—profitability recovery and strong, growing free cash flow—tempered by meaningful balance-sheet risk (negative equity and higher debt). Technicals are a notable drag given the downtrend versus longer-term moving averages, while valuation (P/E ~25.7) and the latest earnings-call outlook are moderately supportive but constrained by supply-chain timing headwinds.

To see Spark’s full report on NTNX stock, click here.

More about Nutanix

Nutanix, Inc. is a cloud computing and enterprise software company focused on hyperconverged infrastructure and hybrid multicloud solutions for businesses. The company provides software and platforms that simplify data center operations and enable customers to run applications and manage data across private, public, and edge cloud environments.

Average Trading Volume: 4,361,567

Technical Sentiment Signal: Sell

Current Market Cap: $11.6B

See more insights into NTNX stock on TipRanks’ Stock Analysis page.