Nutanix (NTNX) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.60
- Estimate
- $0.49
- Surprise
- +23.6%
- Score at report (before → after)
- 5.3 → 5.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Nutanix (NTNX) beat the $0.49 estimate with adjusted EPS of $0.60 — a large 23.6% upside surprise. TrendMatrix's engine moved from Hold (5.3/10) to Sell at 5.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates NTNX Sell at 5.7/10.
3 of the last 4 quarters beat the estimate; this quarter's +23.6% surprise compares with a +21.5% four-quarter average. Next scheduled report: 2026-11-25.
What supports the rating
- Strong earnings beat streak (3/4)
- Margin of safety: 44%
What argues against it
- Cyclical risk: PE expanding 1.9x (earnings normalizing)
- Analyst target reached - limited upside remaining
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $69.85
- Price target
- $74.46
- Stop
- $65.83
- Upside to target
- +6.6%
Forward estimates sit below the trailing run-rate (27.3× forward vs 14.1× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-10-15 — shown for context, not personalized investment advice.
NTNX at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Infrastructure
- Market cap
- $19.72B
- P/E (fwd)
- 27.3
- P/E (ttm)
- 14.1
- 52-week range
- $34.01–$75.98
- Off 52-week high
- 8.1%
- RSI (14)
- 55
- Volume vs avg
- 1.33×
- Score today
- 5.7/10