Nutanix Poised To Capture Market Share With Expanding Cloud Platform And VMware Disruption: Analyst
1. Nutanix posted a 19% increase in Q4 revenue to $653.3 million. 2. Near-term contract timing issues affected investor sentiment and share price. 3. Analyst Mike Cikos maintains a Buy rating but lowers target price to $80. 4. Nutanix anticipates significant revenue growth from strategic partnerships and new platform adoption. 5. Management forecasts $2.92 billion revenue and $792.8 million free cash flow for fiscal 2026.