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The company is expected to report revenue of about 760 million dollars. This update will be an important check on whether Nutanix is still successfully winning over customers who are looking for alternatives to VMware, its main rival that was recently acquired and has been raising prices. Beyond the headline numbers, we will be looking for updates on its annual recurring revenue, which is the predictable income it gets from software subscriptions. We will also watch for any progress on its new AI software tools, which help businesses run AI models on their own private servers rather than just in the public cloud.
Guggenheim set a new price target of $100 for Nutanix, which is about 35 percent higher than where the stock currently trades. This is notably more optimistic than the average analyst target of $79.
While a price target is just one firm's estimate of what a stock is worth, this high valuation suggests confidence that Nutanix can continue to win over large customers. The company is currently benefiting as many businesses look for alternatives to VMware, a major competitor that recently raised prices after being acquired.
Source: Guggenheim
Micron, one of the world's largest memory chip manufacturers, gave Nutanix an award for outstanding performance in IT and professional services. This recognition highlights Nutanix's role in helping large industrial companies manage their data and computing needs. While a single award does not change the company's financial outlook, it serves as a proof point that Nutanix is successfully serving massive, complex global enterprises. Maintaining strong relationships with major tech players like Micron is a key part of Nutanix's strategy to grow its recurring revenue.
Source: GlobeNewsWire
Nutanix is teaming up with Netris to build a combined system that handles everything from computing power to networking for specialized cloud providers. These providers, often called neoclouds, focus on offering access to powerful NVIDIA chips for AI work. The partnership combines Nutanix's cloud platform with Netris's network automation to help these providers meet NVIDIA's technical requirements and get their services running faster.
This helps Nutanix expand beyond traditional corporate data centers and into the growing market of AI-focused cloud providers. By making its software a core part of how these new clouds are built, Nutanix creates a new path for revenue growth as the demand for AI-ready infrastructure continues to rise.
Source: GlobeNewsWire
Nutanix is expanding its partnership with server maker Supermicro to tackle the high cost of running AI models. The new system focuses on AI inference, which is the process of a trained AI model actually answering questions or generating content. By engineering the software and hardware to work together, they aim to lower the cost per token, a common way to measure the price of AI processing.
This is a key move for Nutanix as it tries to prove its software is the best choice for companies that want to run AI on their own servers rather than in the public cloud. If Nutanix can make private AI significantly cheaper and easier to manage than the alternatives, it strengthens its position as the primary platform for modern data centers.
Source: GlobeNewsWire
Management consistently sets a bar they can clear, beating expectations for eight straight quarters while growing the business faster than analysts can keep up with.
| Expectation | |
|---|---|
| EPS | $0.61 |
| Revenue | $762M |