Equity Profile

NTNX

Nutanix, Inc.

Information TechnologyApplication Software$14.5B

Aug26Wed

Pre-Earnings Brief

UpcomingQ4-2026After Close5:00 PM EDT

Company Snapshot

Nutanix, Inc. is a technology company that specializes in application software, particularly in the areas of cloud computing and enterprise solutions....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, and it will be closely watched this quarter.

N/A

Revenue Growth

Revenue growth is crucial for assessing the company's ability to expand and capture market share in the competitive software industry.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

NTNX Q4-2026 Earnings Preview

Context

Company Snapshot

Nutanix, Inc. is a technology company that specializes in application software, particularly in the areas of cloud computing and enterprise solutions. With a market cap of $14 billion, Nutanix plays a significant role in helping businesses transition to cloud-based infrastructures, which is increasingly important in today's digital economy.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+1075.31%

Avg Stock Reaction

+0.71%

Last Quarter Recap

In the last quarter, Nutanix reported an impressive EPS of $1.44, significantly exceeding expectations. However, revenue figures were not disclosed, leaving some uncertainty about overall performance.

Management Promises & Guidance

Focus on expanding cloud services.
Commitment to enhancing customer support.
Plans to invest in R&D for innovative solutions.

Expectations

Wall Street Expectations

Overall, expectations are mixed as Nutanix has consistently beaten EPS estimates in recent quarters, but revenue guidance remains unclear. Investors are eager to see if this trend continues.

Bull Case

The optimistic view hinges on Nutanix maintaining its strong EPS growth and demonstrating solid revenue growth, indicating robust demand for its services.

Bear Case

On the pessimistic side, if Nutanix fails to meet revenue expectations or provides weak guidance, it could signal challenges in the competitive landscape.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the reported revenue growth rate this quarter?

Revenue growth is critical for assessing the company's market position and future prospects, especially in a competitive environment.

How has the customer retention rate changed compared to previous quarters?

A stable or improving customer retention rate is essential for long-term growth and can indicate the effectiveness of Nutanix's services.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Nutanix's ability to leverage its cloud services for significant revenue growth, despite current market pressures.

Supporting Evidence

Nutanix has consistently exceeded EPS estimates, indicating strong operational performance.

The options market is pricing in a larger move than historical averages, suggesting heightened expectations.

Recent customer feedback indicates strong satisfaction, which could translate to improved retention and growth.

Key Risk

If revenue growth comes in below 15%, it could challenge the current bullish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Nutanix's ability to sustain its growth trajectory in a challenging market.

Bull Confirmed If

Revenue growth of at least 20% year-over-year would confirm the bull case.

Bear Confirmed If

Revenue growth below 10% would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±12.99%

Historical Avg

±1.3%

Pricing rich

The options market is pricing in a significant move of nearly 13%, suggesting that traders anticipate volatility around the earnings announcement.

Options are pricing ±13.0% while NTNX has averaged ±1.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

48.2%

Calls (515K)P/C Ratio: 0.04Puts (201K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Nutanix beats expectations and raises guidance, history suggests a positive reaction, with an average 1-day move of +0.71%.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may see muted movement as investors digest the information.

Miss

In the event of a miss, history suggests a potential downside move, with an average 1-day reaction of -0.49%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition and retention strategies.
2Insights into the competitive landscape and how Nutanix plans to differentiate itself.
3Details on new product launches or enhancements in cloud services.
4Management's outlook on market demand for application software.
5Any commentary on cost management and operational efficiency.

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Company Snapshot

Nutanix, Inc. is a technology company that specializes in application software, particularly in the areas of cloud computing and enterprise solutions....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, and it will be closely watched this quarter.

N/A

Revenue Growth

Revenue growth is crucial for assessing the company's ability to expand and capture market share in the competitive software industry.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

NTNX Q4-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+1075.31%

Avg Stock Reaction

+0.71%

Last Quarter Recap

Management Promises & Guidance

Focus on expanding cloud services.
Commitment to enhancing customer support.
Plans to invest in R&D for innovative solutions.

Expectations

Wall Street Expectations

Overall, expectations are mixed as Nutanix has consistently beaten EPS estimates in recent quarters, but revenue guidance remains unclear. Investors are eager to see if this trend continues.

Bull Case

The optimistic view hinges on Nutanix maintaining its strong EPS growth and demonstrating solid revenue growth, indicating robust demand for its services.

Bear Case

On the pessimistic side, if Nutanix fails to meet revenue expectations or provides weak guidance, it could signal challenges in the competitive landscape.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the reported revenue growth rate this quarter?

Revenue growth is critical for assessing the company's market position and future prospects, especially in a competitive environment.

How has the customer retention rate changed compared to previous quarters?

A stable or improving customer retention rate is essential for long-term growth and can indicate the effectiveness of Nutanix's services.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Nutanix's ability to leverage its cloud services for significant revenue growth, despite current market pressures.

Supporting Evidence

Nutanix has consistently exceeded EPS estimates, indicating strong operational performance.

The options market is pricing in a larger move than historical averages, suggesting heightened expectations.

Recent customer feedback indicates strong satisfaction, which could translate to improved retention and growth.

Key Risk

If revenue growth comes in below 15%, it could challenge the current bullish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on Nutanix's ability to sustain its growth trajectory in a challenging market.

Bull Confirmed If

Revenue growth of at least 20% year-over-year would confirm the bull case.

Bear Confirmed If

Revenue growth below 10% would confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±12.99%

Historical Avg

±1.3%

Pricing rich

The options market is pricing in a significant move of nearly 13%, suggesting that traders anticipate volatility around the earnings announcement.

Options are pricing ±13.0% while NTNX has averaged ±1.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

48.2%

Calls (515K)P/C Ratio: 0.04Puts (201K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Nutanix beats expectations and raises guidance, history suggests a positive reaction, with an average 1-day move of +0.71%.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may see muted movement as investors digest the information.

Miss

In the event of a miss, history suggests a potential downside move, with an average 1-day reaction of -0.49%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition and retention strategies.
2Insights into the competitive landscape and how Nutanix plans to differentiate itself.
3Details on new product launches or enhancements in cloud services.
4Management's outlook on market demand for application software.
5Any commentary on cost management and operational efficiency.