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Here’s Why Wall Street Has a Bullish Sentiment on Nutanix (NTNX)

​Nutanix, Inc. (NASDAQ:NTNX) is one of the Best Cloud Stocks to Buy Now. Wall Street is bullish on Nutanix, Inc. (NASDAQ:NTNX) ahead of its fiscal Q1 2026 results expected to be announced on November 25. On November 19, Jason Ader from William Blair reiterated a Buy rating on the stock without disclosing any price targets. Earlier, on November 17, Param Singh from Oppenheimer had also maintained a Buy rating on the stock with a $90 price target.

​Jason Ader from William Blair noted that he sees the company in a favorable position to capitalize on dissatisfied VMware customers, who are facing pricing changes and unfavorable licensing. Ander sees Nutanix, Inc. (NASDAQ:NTNX) as an alternative for these customers.

​In addition to this, the company on November 18 announced expanding Microsoft’s Azure virtual desktop flexibility across its hybrid clouds. Management noted that this integration will allow organizations to run Azure Virtual Desktop on Nutanix AHV hypervisor.

​For the upcoming fiscal Q1 2026 results, management anticipates revenue to be in the range of $670 million – $690 million, along with a non-GAAP operating margin in the range of 19.5% to 20.5%.

​Nutanix, Inc. (NASDAQ:NTNX) provides cloud software that allows organizations to run applications and manage data seamlessly across multiple cloud environments.

While we acknowledge the potential of NTNX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NTNX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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