NTNX

In the past six months, Nutanix's stock (NTNX) has grown significantly by 106.85%, with a year-to-date return of approximately 34.57% to 35.36%, and a 6.29% increase in the last month. This positive performance is attributed to strong earnings, robust demand for hybrid cloud and AI workloads, and increased visibility around VMware migration demand. Nutanix reported Q3 fiscal 2026 revenue of US$703 million, with non-GAAP EPS rising 11.9% year-over-year, and Annual Recurring Revenue (ARR) reaching US$2.43 billion, adding over 700 new customers. Management subsequently raised its full-year 2026 revenue and operating margin guidance. However, the company provided softer Q4 and Q2 outlooks than analysts anticipated, citing ongoing supply chain constraints and macroeconomic pressures. A Seeking Alpha article from September 21, 2026, downgraded Nutanix to a 'neutral' rating due to valuation concerns after substantial gains. Additionally, on September 15, 2026, CFO Rukmini Sivaraman sold 38,139 shares for $2,669,806, and insiders collectively lowered their holdings by 47% over the past year.