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⚠️ Not investment advice. Past performance does not guarantee future results.
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Nutanix NTNX

United StatesTechnology · Software - InfrastructureUSD
7.1AI score
Rank 175 of 2,130
better than 91% of companies
73.42USD
▲ 7.4% in one year
NTNX MSCI World +22.1%
Average analyst target
77.79 USD (+5.9%)
14 analysts
52-wk low 34.01High 74.42
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

What does it do?

Nutanix is a software company that offers a hyperconvergence platform and hybrid and multi-cloud services, enabling businesses to manage their IT infrastructure in a unified way.

Key points

from its scores
  • ✓Strong growth8.9
  • ✓High-quality business8.7
  • ✓Favourable backdrop7.9
  • ✕Little or no dividend1.5
  • ✕Poor share-price trend3.9

AI analysis

bottom line, main risk, context and news
Bottom line

Fundamentals are solid and the balance sheet is clean, but valuation does not offer a sufficient margin of safety and momentum is weak.

Nutanix shows solid financial health (negative net debt, current ratio of 1.80) and 15.90% revenue growth, although its valuation (forward P/E of 27.61, EV/EBITDA of 51.17) already prices in much of that growth. Quality is high (ROIC 16.55%, gross margin 86.93%), but momentum is negative (-3.54%).

⚠ Main risk

The main risk is that earnings growth (3148.50%) is unsustainable and the valuation (forward P/E 27.61, EV/EBITDA 51.17) adjusts downward if growth decelerates more than expected.

Context and risks

Nutanix operates in infrastructure software with a healthy balance sheet (negative net debt) and has no material exposure to interest rates, commodities, or shipping routes. Its cloud software business is not directly affected by the AI capex cycle of hyperscalers, as it is not a provider of semiconductors or electrical equipment. No specific regulatory, geopolitical, or business model risks are identified that would justify an adjustment.

Is Nutanix stock cheap or expensive?

at the analysis date
Pricier than its sector

On P/E and EV / EBITDA, it trades 48% above the Technology median on average.

MultipleCompanySectorDifference
P/E14.231.3−55%
EV / EBITDA51.220.4+151%
Price / book28.36.3+349%
Price / sales7.05.3+32%

Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.

Valuation score: 5.2 out of 10 (median for Technology: 5.3).

Average analyst target: 77.79 USD, +5.9% versus the price.

A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 8.7 (sector 6.4), Growth 8.9 (sector 7.5).

Indicative fair value · USD
Graham43.95▼ −40% vs price
Cash flow (DCF)35.18▼ −52% vs price
Price73.42at the analysis date

Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.

Work out its fair value yourself →How much would you have made investing every month? →

Comparing it with its sector does not say whether it is a good buy: this is not investment advice.

🛒 Where to buy NTNXCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderAvailable in your country · US (NYSE/Nasdaq) · sample 200.00 € order
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Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiGood7.7Technology median: 6.9
Quality / MoatiExcellent8.7Technology median: 6.4
ValuationiFair5.2Technology median: 5.3
GrowthiExcellent8.9Technology median: 7.5
DividendiPoor1.5Technology median: 1.5
MomentumiWeak3.9Technology median: 6.3
Risk & ContextiGood7.9Technology median: 4.8
Technology median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Technology median
P/Ei
14.2
Technology: 31.3below
EV / EBITDAi
51.2
Technology: 20.4above
ROEi
37,460.2%
Technology: 17.0%above
Operating margini
12.9%
Technology: 15.5%below
Net debt / EBITDAi
−2.26
Technology: 0.20net cash
Revenue growthi
+15.9%
Technology: +16.7%in line

Valuation

P/E
14.2
Forward P/E
27.6
EV / EBITDA
51.2
Price / book
28.3
Price / sales
7.0
PEG
1.50
Market cap
19.9B USD
Enterprise value
19.0B USD

Profitability

ROE
37,460.2%
ROA
4.5%
ROIC (approx.)
16.6%
Gross margin
86.9%
Operating margin
12.9%
Net margin
52.8%
Free cash flow
727.7M USD
FCF yield
3.7%
Cash conversion
196%

Solvency

Total debt
1.5B USD
Net debt
−840.0M USD
Cash
2.4B USD
EBITDA
371.8M USD
Net debt / EBITDA
−2.26
Debt / equity
216.56
Current ratio
1.80
Quick ratio
1.58

Growth

Revenue growth
+15.9%
Earnings growth
+3,148.5%
EPS (TTM)
5.17 USD
EPS (forward)
2.66 USD

Dividend

Dividend yield
0.0%
Payout
0.0%

Risk and market

Beta
0.64
Analyst consensus
Buy (14)
Target price
77.79 USD
52-week range
34.01 – 74.42

Compare it with its sector

All 283 in Technology →
See the full ranking with filters →

Keep browsing the ranking

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Frequently asked questions about Nutanix

Is Nutanix stock cheap or expensive?

On P/E and EV / EBITDA, it trades 48% above the Technology median on average. Valuation score: 5.2 out of 10 (median for Technology: 5.3). Average analyst target: 77.79 USD, +5.9% versus the price. This is not investment advice.

What score does Nutanix get on MeridIAn Screener?

It scores 7.1 out of 10, rank 175 of 2,130 (better than 91% of the companies analysed). Its strongest category is Growth (8.9) and its weakest, Dividend (1.5). Analysis of 08/10/2026.

What is Nutanix's P/E ratio?

Its P/E is 14.2: the share price equals 14.2 times earnings per share over the last 12 months. The Technology median is 31.3. Based on the earnings analysts expect, the forward P/E is 27.6.

How much is Nutanix worth on the stock market?

Its market capitalisation is 19.9B USD and its enterprise value, debt included, is 19.0B USD.

How much debt does Nutanix have?

It has more cash than debt: net cash of 840.0M USD.

Does Nutanix pay a dividend?

It pays no dividend, or almost none.

How has Nutanix stock performed over the last year?

It has risen 7.4% over the last year, excluding dividends. Over the last 52 weeks it has traded between 34.01 and 74.42 USD. Past performance does not guarantee future results.

What do analysts think of Nutanix?

14 analysts cover it; their average recommendation is “Buy” and their average target is 77.79 USD (+5.9% versus the price). It is an estimate, not market data.