William Blair analyst Jason Ader has maintained their bullish stance on NTNX stock, giving a Buy rating today.
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Jason Ader has given his Buy rating due to a combination of factors that highlight Nutanix’s strong performance and promising future prospects. The company reported solid fourth-quarter results with a notable 19% revenue growth, surpassing expectations by $11 million. This growth was primarily driven by the addition of new customers and expansions within the Global 2000 companies.
Furthermore, Nutanix’s profitability metrics exceeded consensus estimates, with a non-GAAP operating margin of 18.3% and free cash flow of $208 million, both outperforming expectations. Looking ahead, the fiscal 2026 revenue guidance aligns with consensus, projecting a 15% growth, which reinforces confidence in Nutanix’s ability to capitalize on the VMware displacement opportunity. Additionally, the company’s full-year free cash flow guidance of $810 million further supports the positive outlook, despite some anticipated moderation in growth and contract duration.
In another report released today, Barclays also maintained a Buy rating on the stock with a $82.00 price target.