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Nutanix Inc (NTNX) stock reached a 52-week low of 51.25 USD, marking a significant point in its recent trading history. Over the past year, the company’s stock has experienced a decline of 18.77%, with a particularly sharp 26.32% drop over the past six months. InvestingPro analysis indicates the stock’s RSI is in oversold territory, while management has been aggressively buying back shares—potentially signaling confidence despite market challenges. This 52-week low highlights a period of volatility for Nutanix, as the company navigates the competitive landscape of the cloud computing industry. Despite recent price weakness, Nutanix maintains impressive 86.81% gross profit margins and remains profitable over the last twelve months. According to InvestingPro’s Fair Value assessment, the stock appears undervalued at current levels. Investors will be closely watching for any strategic moves or market changes that could influence the stock’s performance in the coming months, with comprehensive insights available in the Pro Research Report—part of InvestingPro’s deep-dive analysis on over 1,400 US equities.
In other recent news, Nutanix reported its first-quarter earnings for fiscal year 2026, revealing stable earnings per share of $0.41, which met analysts’ expectations. However, the company’s revenue slightly missed forecasts, coming in at $671 million compared to the anticipated $676.85 million. Following this earnings report, several firms adjusted their price targets for Nutanix. Needham lowered its price target to $65 from $80, citing a higher-than-expected mix of orders with future start dates, which affected in-quarter revenue performance. Piper Sandler also reduced its price target to $72 from $88 after Nutanix’s first earnings miss in over five years, maintaining an Overweight rating. KeyBanc followed suit, cutting its price target to $65 from $95 due to timing delays impacting performance and leading to lowered revenue guidance, yet also maintained an Overweight rating. These developments highlight the recent challenges Nutanix faces with timing issues affecting its financial performance.
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