Morgan Stanley analyst Meta Marshall maintained a Buy rating on Nutanix (NTNX – Research Report) today and set a price target of $85.00.
Meta Marshall has given his Buy rating due to a combination of factors that highlight Nutanix’s potential for growth and market share expansion. One key reason is Nutanix’s ability to capture business from VMware, which is seen as a significant opportunity for the company. Additionally, Nutanix’s hybrid cloud solutions are gaining traction, providing a strong value proposition in an uncertain market environment.
Another factor influencing the Buy rating is the company’s compelling total cost of ownership (TCO) argument, which is particularly attractive for customers with constrained budgets. Despite the potential indirect impact of tariffs on server prices, Nutanix’s financial performance has remained resilient, with no direct impact on their profit and loss statement. Overall, the company’s strategic positioning and positive discussions around their market opportunities have reinforced confidence in their ability to grow and capture market share.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NTNX in relation to earlier this year.