15 Large Cap Stocks Under $100 With Huge Upside Potential

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6. Nutanix Inc (NASDAQ:NTNX)

Sector: Technology (Software Infrastructure)

Potential Upside: 58.4%

Number of Hedge Fund Holders: 47

Nutanix Inc (NASDAQ:NTNX) is one of the best large cap stocks under $100 with huge upside potential.

As of January 23 closing, Nutanix Inc (NASDAQ:NTNX) carries a moderately bullish sentiment as per consensus. The stock offers over 58% upside potential to investors based on a $67.83 median 1-year price target. It has received coverage from 14 analysts, 10 of whom have assigned Buy ratings and 4 have given Hold calls.

On January 12, Morgan Stanley analyst Sanjit Singh downgraded Nutanix Inc (NASDAQ:NTNX) from an Overweight to Equal Weight rating. He also revised his price target for the stock from $82 to $62.

Singh noted that company revenues exceeded $2.5 billion, reflecting the business’s scalability and attractiveness on a long-term basis. But he expects diminishing growth prospects for topline during 2026, which led to his bearish sentiment towards Nutanix Inc (NASDAQ:NTNX). Despite the downgrade, Singh sees an upside potential of almost 45% from prevailing level.

Nutanix Inc (NASDAQ:NTNX) is a provider of enterprise cloud computing services. Its Nutanix Cloud Platform facilitates workload portability, helping businesses in building hybrid multi-cloud infrastructure and switching to public clouds like AWS and Azure. Through subscriptions, it also offers Nutanix Cloud Infrastructure, Nutanix Cloud Manager, and Unified Storage to its users.

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