Analyst Ratings

Date	Action	Analyst	Rating	Target
May-28-26	Reiterated	Northland Securities		$43 → $47
May-28-26	Reiterated	UBS	Buy	$57 → $62
May-28-26	Reiterated	Wells Fargo	Equal Weight	$50 → $55
May-28-26	Reiterated	Needham	Buy	$55 → $60
May-28-26	Reiterated	Morgan Stanley	Equal Weight	$56 → $55
May-28-26	Reiterated	Piper Sandler	Overweight	$72 → $60
May-28-26	Reiterated	RBC Capital	Outperform	$55 → $58
Apr-10-26	Downgrade	JP Morgan	Overweight → Neutral
Apr-08-26	Reiterated	Northland Securities		$53 → $43
Mar-23-26	Downgrade	William Blair	Outperform → Market Perform

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 7/31/2025	FY 2024 7/31/2024	FY 2023 7/31/2023
Total Revenue	2,750	2,538	2,149	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	354	335	324
Gross Profit	2,395	2,203	1,825
Selling, General and Administrative Excl. Other	1,380	1,294	1,178
Research and Development	779	737	639
Other Operating Expense	-2	0	0
Operating Income	239	173	8
Interest Expense	23	20	169
Unusual Expense	—	—	—
Non-Operating Income (Expense)	-41	-47	-60
Net Income Before Taxes	290	212	-101
Income Taxes	12	23	23
Consolidated Net Income	276	188	-125
Net Income From Continuing Operations	276	188	-125
Net Income	276	188	-125
EPS (Recurring)	1.02	0.70	-0.51
EPS (Basic, Before Extraordinaries)	1.02	0.70	-0.51
EPS (Diluted)	0.95	0.65	-0.51
EBITDA	353	293	141
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	49.37	115.65	—
Price To Sales Ratio	4.54	7.91	—
Gross Margin	87.09	86.80	84.92
Operating Margin	8.69	6.82	0.37
Net Margin	10.04	7.41	-5.82
Shares Outstanding	266	267	245
Market Capitalization	12,475	20,070	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Sivaraman Rukmini	Chief Financial Officer	Jun 15 '26	Option Exercise	0.00	44,298	0	301,771	Jun 17 12:00 AM
Maner Tarkan	President and CCO	Jun 15 '26	Option Exercise	0.00	22,088	0	66,109	Jun 17 12:00 AM
RAMASWAMI RAJIV	Chief Executive Officer	Jun 15 '26	Option Exercise	0.00	100,854	0	625,637	Jun 17 12:00 AM
Martin Brian	Chief Legal Officer	Jun 15 '26	Option Exercise	0.00	9,454	0	25,425	Jun 17 12:00 AM
Maner Tarkan	President and CCO	Jun 01 '26	Sale	55.29	30,606	1,692,291	55,065	Jun 02 12:00 AM
Maner Tarkan	President and CCO	May 29 '26	Sale	52.24	18,653	974,487	85,671	Jun 02 12:00 AM
RAMASWAMI RAJIV	Chief Executive Officer	Mar 15 '26	Option Exercise	0.00	100,858	0	598,307	Mar 17 12:00 AM
Maner Tarkan	President and CCO	Mar 15 '26	Option Exercise	0.00	22,082	0	108,086	Mar 17 12:00 AM
Martin Brian	Chief Legal Officer	Mar 15 '26	Option Exercise	0.00	9,454	0	28,250	Mar 17 12:00 AM
Sivaraman Rukmini	Chief Financial Officer	Mar 15 '26	Option Exercise	0.00	44,300	0	287,686	Mar 17 12:00 AM
RAMASWAMI RAJIV	President and CEO	Dec 15 '25	Option Exercise	0.00	100,854	0	575,035	Dec 17 12:00 AM
Sivaraman Rukmini	Chief Financial Officer	Dec 15 '25	Option Exercise	0.00	44,296	0	276,785	Dec 17 12:00 AM
Martin Brian	Chief Legal Officer	Dec 15 '25	Option Exercise	0.00	9,450	0	31,075	Dec 17 12:00 AM
RAMASWAMI RAJIV	President and CEO	Oct 02 '25	Sale	76.42	144,707	11,059,201	524,608	Oct 03 12:00 AM
Sheppard Teresa Gayle	Director	Oct 02 '25	Sale	76.48	3,500	267,691	22,400	Oct 02 12:00 AM


Market Cap	12.56B	Forward P/E	21.58	EPS next Y	2.17	Insider Trans	0.11%	Shs Float	-	Perf Month	-2.84%


Enterprise Value	13.37B	PEG	0.02	EPS next Q	0.48	Inst Own	-	Short Float	-	Perf Quarter	14.31%


Income	280.13M	P/S	4.57	EPS this Y	101.41%	Inst Trans	-	Short Ratio	-	Perf Half Y	-2.84%


Sales	2.75B	P/B	-	EPS next Y	13.59%	ROA	8.07%	Short Interest	-	Perf YTD	-9.27%


Book/sh	-2.69	P/C	15.05	EPS next 5Y	15.35%	ROE	-37.79%	52W High	82.43 -43.10%	Perf Year	-36.32%


Cash/sh	7.47	P/FCF	16.30	EPS past 3/5Y	-	ROIC	11.52%	52W Low	34.01 37.90%	Perf 3Y	-


Dividend Est.	-	EV/EBITDA	37.87	Sales past 3/5Y	17.09% 14.18%	Gross Margin	87.10%	Volatility	2.86% 3.30%	Perf 5Y	-


Dividend TTM	-	EV/Sales	4.86	EPS Y/Y TTM	445.10%	Oper. Margin	8.73%	ATR (14)	2.25	Perf 10Y	-


Dividend Ex-Date	-	Quick Ratio	1.78	Sales Y/Y TTM	27.97%	Profit Margin	10.03%	RSI (14)	45.10	Recom	2.42


Dividend Gr. 3/5Y	-	Current Ratio	1.78	EPS Q/Q	0.00%	SMA20	-6.26%	Beta	0.79	Target Price	56.67


Payout	0.00%	Debt/Eq	-2.11	Sales Q/Q	10.02%	SMA50	3.61%	Rel Volume	1.54	Prev Close	46.47


Employees	7,150	LT Debt/Eq	-2.10	Earnings	Aug 26	SMA200	-10.30%	Avg Volume	3.90M	Price	46.90


IPO Date	Sep 30, 2016	Option/Short	Yes / Yes	EPS/Sales Surpr.	27.27% 1.83%	Net Debt/EBITDA	2.29	Volume	5,987,138	Change	0.93%

NTNX