On August 27, Nutanix Inc. rose 10.49% in regular trading, trading at $73.62/share, with turnover of $21.74 million.
On the news front, the company reported FY2026 Q4 revenue of $757.1 million, exceeding the consensus estimate of $738.3 million and representing approximately 16% year-over-year growth. Adjusted gross margin reached 87.7%. However, adjusted EPS of $0.13 fell short of the $0.49 estimate, though investors appeared to prioritize the top-line momentum.
The company issued FY2027 Q1 revenue guidance of $755 million to $765 million and full-year guidance of $3.18 billion to $3.23 billion, both above the Wall Street consensus of $3.20 billion. Concurrently, Nutanix launched its Enterprise AI 2.8 platform upgrade, reinforcing its enterprise-grade Agentic AI strategy. Following the results, RBC raised its price target to $90 from $84 maintaining an Outperform rating, while UBS previously raised its target to $80 from $62 with a Buy rating, citing a 40%-50% pipeline increase driven by VMware migrations.
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