Nutanix (NTNX) Stock Today: Earnings Shock, Analyst Downgrades and What’s Driving the Sell‑Off – 28 November 2025

Nutanix, Inc. (NASDAQ: NTNX) is ending this holiday‑shortened Friday session still reeling from a brutal post‑earnings sell‑off that has pushed the hybrid‑cloud specialist close to fresh 52‑week lows.

As of Friday, 28 November 2025, Nutanix stock is trading around $47.8 per share, implying a market capitalization of roughly $13.1 billion and sitting only marginally above its 52‑week low of $47.39, and well below its 52‑week high of $83.36. ^[1]

Below is a structured look at all the key NTNX stock news and commentary dated 28 November 2025, and what it means for investors watching Nutanix after the latest earnings shock.

1. Nutanix stock price snapshot after the sell‑off

• Last price (28 Nov 2025): about $47.8
• Market cap: ≈ $13.1 billion ^[2]
• 52‑week range:$47.39 – $83.36 ^[3]
• Drop from recent peak (~$83): roughly 40–45%
• Post‑earnings one‑day move: shares fell about 17–18% following fiscal Q1 2026 results and guidance. ^[4]

The stock had already sold off sharply earlier in the week after Nutanix reported solid growth but cut its revenue outlook. Friday’s coverage across Wall Street research notes, quant platforms, and financial media is focused on whether the latest move marks a buying opportunity or the start of a longer de‑rating.

2. What triggered the Nutanix (NTNX) sell‑off?

Fiscal Q1 2026 results: revenue miss, guidance reset

On 25 November 2025, Nutanix reported results for its fiscal first quarter 2026 (quarter ended 31 October 2025): ^[5]

• Revenue:$670.6 million, up about 13–14% year‑over‑year, but slightly below the Street consensus near $676–677 million.
• EPS (non‑GAAP):$0.41, exactly in line with analyst expectations and roughly flat versus $0.42 a year ago. ^[6]
• Annual Recurring Revenue (ARR):$2.28 billion, up 18% YoY from about $1.94 billion. ^[7]
• Billings: around $708 million, a bit below consensus near $715.5 million. ^[8]
• GAAP net income:$62.1 million, more than triple the year‑ago period (~$19.9 million).
• Free cash flow:$174.5 million, up about 15% year‑over‑year. ^[9]
• New customers: +640, bringing total customers to roughly 29,930. ^[10]

Fundamentally, it was a “good quarter on paper” – double‑digit revenue growth, expanding profitability, and strong cash generation.

The real problem: revenue timing and lower guidance

The damage came from management’s revenue timing commentary and guidance reduction:

• Late in the quarter, Nutanix saw more deals with start dates outside Q1, and a growing mix of sales going through OEM partners where revenue is only recognized when partners ship appliances. ^[11]
• Management stressed that total revenue over time shouldn’t change, but more of it will be recognized in later periods, not in the current quarter. ^[12]

This led Nutanix to cut its revenue outlook:

• Q2 FY26 revenue guidance:$705–715 million, implying ~8–9% growth but below prior expectations (many analysts were closer to the mid‑$700s). ^[13]
• Full‑year FY26 revenue guidance:$2.82–2.86 billion, trimmed from a prior range centered near $2.92 billion. ^[14]

Coverage from SiliconANGLE, Blocks & Files, Zacks, and others all underline the same theme:

operational metrics look healthy, but slower reported revenue growth and timing uncertainty spooked investors, especially after a big run‑up in the stock earlier this year. ^[15]

3. 28 November 2025: Today’s key Nutanix stock news

3.1. Simply Wall St: “Revisiting valuation after revenue guidance cut”

A new Simply Wall St piece published Friday titled “Nutanix (NTNX): Revisiting Valuation After Revenue Guidance Cut and Share Price Drop” tries to reconcile the strong fundamentals with the fast share price fall. ^[16]

Key points from that analysis:

• Shares are down 17.75% in a single day and about 29% over the last month, largely due to the new guidance and shift in revenue recognition.
• Over the longer term, Nutanix has delivered three‑year total shareholder returns of ~58% and five‑year returns of ~67%, underlining how strong the stock’s previous run has been.
• The article’s primary valuation “narrative” suggests a fair value around $85.78, calling the stock undervalued at roughly $48–49.
• However, on pure earnings multiples, NTNX trades at roughly 59x earnings, versus about 38x for peers and around 31x for the broader US software sector, implying the stock still carries a premium valuation even after the sell‑off.

Simply Wall St essentially frames today’s debate as “undervalued vs. still expensive” depending on whether you buy into aggressive long‑term growth assumptions.

3.2. Zacks / Nasdaq: Company News for 28 November 2025

Zacks’ “Company News for Nov 28, 2025” feature, syndicated on Nasdaq, highlights Nutanix among the day’s notable movers, emphasizing that NTNX plunged 17.8% after Q1 revenue fell short of expectations. ^[17]

The summary underscores that:

• The sell‑off is primarily reactionary to the revenue miss and guidance reset, not a blow‑up in profitability or demand.
• Nutanix still delivered double‑digit growth, but in a market priced for perfection, even modest misses are being harshly punished.

3.3. MarketBeat: downgrades, new lows and institutional flows

MarketBeat has several Nutanix‑focused items dated 28 November 2025, including:

1. “Nutanix (NASDAQ:NTNX) Downgraded to Hold Rating by Zacks Research” – reporting that Zacks cut its rating from “Strong Buy” to “Hold.” Despite that, NTNX retains a “Moderate Buy” consensus with an average price target around $76.47. ^[18]
2. “Nutanix (NASDAQ:NTNX) Sets New 52‑Week Low Following Analyst Downgrade” – noting that after JPMorgan cut its target from $78 to $65, shares traded as low as $47.39 and last around $48.34, versus a prior close of $58.77. ^[19]
3. Multiple instant alerts detailing institutional trading:
   • Prudential Financial Inc. boosted its position in Nutanix to about 222,472 shares, worth roughly $15.6 million. ^[20]
   • Other pieces highlight that Vanguard, AQR, Geode, Jericho Capital and Federated Hermes all increased or maintained sizable stakes, contributing to institutional ownership of ≈85% of the float. ^[21]

Together, MarketBeat’s Friday coverage paints a picture of:

• Analyst caution in the near term (downgrades, target cuts).
• But also large, long‑term institutions sticking with or even adding to NTNX at lower prices.

3.4. Goldman Sachs price‑target cut and other analyst moves

A separate note summarized by GuruFocus today highlights that Goldman Sachs lowered its Nutanix price target from $95 to $75 but reiterated a Buy rating, citing the revenue shift as a timing issue rather than a collapse in demand. ^[22]

Other houses, as reported by MarketBeat, have also adjusted their models: ^[23]

• JPMorgan: Target cut to $65, rating Overweight.
• Bank of America: Target trimmed from $93 to $75, rating Buy.
• KeyCorp: Target reduced from $95 to $65, rating Overweight.
• Needham: Target cut from $80 to $65, rating Buy.
• Barclays: Target cut to $64, rating Overweight.
• Weiss Ratings: Maintains a “Hold (C‑)” stance.

Despite the flurry of target cuts, the consensus view remains constructive: most covering analysts still rate the stock Buy / Overweight, with average price targets in the mid‑$70s, implying sizeable upside from current levels if Nutanix can execute on its plan.

3.5. Benzinga: Why the 18% decline “shouldn’t surprise investors”

A Benzinga opinion piece on Friday titled “Why Nutanix’s 18% Decline Shouldn’t Surprise Investors” approaches the sell‑off from a technical‑analysis perspective. It argues that: ^[24]

• NTNX had already been in a downward “cycle” after a strong multi‑quarter rally.
• The post‑earnings drop is interpreted as part of a broader descent phase, not a random shock.
• The note suggests the stock may need to base or test lower support levels (it floats levels in the low‑$30s as possible longer‑term support) before a durable uptrend resumes.

For fundamentally‑oriented investors, this is mainly a reminder that sentiment and technicals are currently aligned against the stock, even if the long‑term story is intact.

3.6. Cloud & AI context: Nutanix lags while peers rally

A Simply Wall St “This Week in Cloud AI” feature focused on Microsoft and other cloud‑AI names notes Nutanix as a laggard, down about 17.7% while some cloud peers push toward new highs. ^[25]

That framing is important: Nutanix is still being grouped with high‑growth cloud and AI infrastructure stocks, but the market has temporarily shifted from “rewarding growth” to punishing any hint of decelerating revenue.

4. Strategy and product updates: .NEXT event, external storage and containers

Not all of today’s Nutanix coverage is about the share price.

4.1. Nutanix .NEXT 2025 – a year of external storage and container adoption

A new article flagged via SwingTradeBot and Verdict – “Nutanix .NEXT closed a year that saw external storage and container adoption” – highlights that Nutanix’s .NEXT event in London on 26 November 2025 showcased: ^[26]

• Growing adoption of external storage connected to Nutanix’s platform.
• Rising Kubernetes and container workloads running on Nutanix Cloud Platform (NCP).
• The continued evolution from an appliance‑centric hyperconverged infrastructure (HCI) pioneer into a full hybrid‑multicloud infrastructure and data platform.

Although the full article is paywalled, related releases and coverage throughout Q4 point to:

• Upcoming support for Dell PowerStore external arrays and Pure Storage FlashArray, deepening Nutanix’s integration with major storage vendors. ^[27]
• Work in progress to support Microsoft Azure Virtual Desktop on Nutanix AHV, enabling hybrid VDI deployments. ^[28]
• Continued recognition of Nutanix as a Leader in the 2025 Gartner Magic Quadrant for Distributed Hybrid Infrastructure, reflecting its growing role in AI‑ready, hybrid data center architectures. ^[29]

Taken together, the product roadmap and ecosystem story remain strong, even as the market digests the near‑term revenue timing issues.

5. Fundamentals still improving: ARR, free cash flow and customer growth

Coverage from Blocks & Files, Zacks and others emphasizes that beneath the volatile share price, Nutanix’s operating metrics are trending in the right direction: ^[30]

• ARR +18% YoY to $2.28 billion shows customers are renewing and expanding subscriptions.
• Free cash flow has reached $174.5 million for the quarter, with full‑year FCF guidance of $800–840 million suggesting a business that is increasingly self‑funding. ^[31]
• Nutanix continues to add hundreds of new customers each quarter while also landing large strategic wins such as a long‑term deal with German banking IT provider Finanz Informatik, which is migrating workloads to Nutanix’s platform. ^[32]

From a purely fundamental lens, the Q1 numbers look like measured, profitable growth rather than a business in trouble. The core concern from Wall Street is the slope of that growth curve now that revenue timing has become less predictable.

6. Valuation: discount to targets, premium to peers

Putting today’s commentary together:

• At around $48 per share, NTNX trades roughly 40+% below its 52‑week high and well under the average Wall Street target in the mid‑$70s. ^[33]
• Valuation metrics such as P/E ~75–76x and a high PEG ratio reflect that the market was previously pricing in very strong growth, which is now being reconsidered. ^[34]
• Simply Wall St’s discounted‑cash‑flow‑style work continues to show fair value estimates in the mid‑$80s, but also flags the rich earnings multiple versus sector averages. ^[35]

The valuation story today is nuanced:

• Bears argue the stock still isn’t cheap relative to peers, especially if growth slows into the low‑teens.
• Bulls counter that ARR, margins and FCF all support a higher multiple, and that consensus targets in the $70–$80 range suggest substantial upside if Nutanix executes.

7. Key risks and catalysts investors are watching

Across today’s reports and commentary, several recurring themes emerge:

Main risks

• Revenue‑timing uncertainty: More revenue routed via OEM partners and deals starting outside the quarter adds lumpiness to quarterly results. ^[36]
• High expectations baked into the multiple: Even after the sell‑off, Nutanix still trades at a premium P/E relative to typical infrastructure software names. ^[37]
• Insider selling: Several articles point to significant insider sales (roughly 160k shares, ≈$12.2M, over the last quarter) by senior executives, which some investors interpret as a caution flag. ^[38]

Key catalysts

• VMware displacement opportunity: Multiple analysts still see Nutanix as a key beneficiary of customer dissatisfaction with Broadcom’s VMware pricing and licensing changes. ^[39]
• AI and hybrid‑cloud growth: Nutanix’s positioning in Gartner’s hybrid infrastructure Magic Quadrant, and its external storage and container initiatives, align it with AI‑driven data center modernization trends. ^[40]
• Upcoming Barclays tech conference (Dec 11, 2025): Management will present at the Barclays Global Technology Conference, which could be an opportunity to reassure investors about guidance, revenue timing, and the demand pipeline. ^[41]

8. What today’s Nutanix (NTNX) news means for investors

From Friday’s collection of reports, three overarching conclusions stand out:

1. The sell‑off is about growth expectations, not survival.
   Nutanix is still growing revenue in the teens, expanding ARR nearly 20%, generating meaningful free cash flow, and adding customers. The issue is that the market was pricing in faster and smoother growth than management now guides.
2. Wall Street is dialing back, not abandoning, the bull case.
   Zacks’ downgrade to Hold, JPMorgan’s and Goldman’s lower targets, and the “Moderate Buy” consensus with mid‑$70s targets all point to a reset of enthusiasm, not a wholesale capitulation. ^[42]
3. Valuation and volatility will likely dominate the near term.
   With the stock trading near 52‑week lows but still at elevated earnings multiples, Nutanix sits in an uncomfortable middle ground: attractive to value‑minded growth investors who believe in the hybrid‑cloud and VMware‑displacement story, but vulnerable if macro conditions or deal timing worsen further.

9. Final word and disclaimer

Nutanix’s 28 November 2025 news flow is a classic case of strong fundamentals colliding with elevated expectations. Revenue timing and guidance cuts have triggered a sharp de‑rating, even as the underlying business continues to grow ARR, free cash flow and its ecosystem at a healthy clip.

For investors, the key questions after today’s barrage of analyst notes and valuation pieces are:

• Do you believe the revenue shift is temporary timing noise, or a sign of slower structural growth?
• How much downside volatility are you willing to tolerate while the market digests new guidance?
• Does the combination of VMware displacement, AI data‑center tailwinds and strong cash flow justify paying a premium for NTNX?

As always, this article is for informational purposes only and is not financial advice. Stock prices, valuations and analyst opinions can change quickly, and any investment decision should be based on your own research, risk tolerance, and consultation with a qualified financial adviser.

References

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