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Piper Sandler analyst James Fish reiterates Nutanix (NASDAQ:NTNX) with a Overweight and raises the price target from $60 to $75.
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Nutanix stock surged 9.87% after reporting Q4 2026 results that beat analyst expectations with $757.1 million in revenue (16% YoY growth) and $0.60 diluted EPS versus $0.49 expected. The company also generated strong free cash flow of $277.6 million and provided optimistic fiscal 2027 guidance of $3.18-$3.23 billion in revenue and $850-$950 million in free cash flow.
Read original at the-motley-foolRBC Capital analyst Matthew Hedberg maintains Nutanix (NASDAQ:NTNX) with a Outperform and raises the price target from $84 to $90.
Read original at benzingaU.S. stocks mostly higher, Nasdaq up 1%. Synopsys Inc. reports strong Q3 results and raises outlook. Other gainers include Okta, Veeva, Salesforce, Ooma, Crowdstrike, Sailpoint, Hyperliquid, Tenable, Palo Alto Networks, and Zscaler.
Read original at benzinga