Nutanix, AMD Forge Strategic AI Infrastructure Partnership Deal
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Nutanix ( (NTNX) ) just unveiled an update.
On February 23, 2026, Nutanix agreed to sell 4,136,789 Class A shares to Advanced Micro Devices in a $150 million private placement, with no special governance rights for AMD and closing contingent on customary regulatory clearances. On February 25, 2026, the companies announced this deal alongside a multi-year strategic partnership under which AMD will provide up to $100 million to support Nutanix’s R&D and go-to-market efforts for integrated AI infrastructure solutions, potentially strengthening Nutanix’s position in the competitive enterprise AI and hybrid cloud markets.
For the quarter ended January 31, 2026, Nutanix reported results ahead of guidance, including 16% year-on-year growth in annual recurring revenue to $2.36 billion, a 10% rise in revenue to $722.8 million and expanded GAAP and non-GAAP operating margins, while free cash flow rose modestly to $191.4 million. Management flagged emerging supply chain constraints leading to longer server lead times that are expected to push some revenue and cash flow into later periods, prompting more cautious revenue and free cash flow guidance for the coming quarters even as bookings expectations increase and the company continues share repurchases and expands its presence in sovereign cloud and U.S. federal markets.
The most recent analyst rating on (NTNX) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on Nutanix stock, see the NTNX Stock Forecast page.
Spark’s Take on NTNX Stock
According to Spark, TipRanks’ AI Analyst, NTNX is a Neutral.
The score is driven primarily by solid operating and cash-flow performance and a generally constructive earnings update (ARR growth and higher free-cash-flow guidance). These positives are tempered by balance-sheet risk (negative equity), weak longer-term technical trend signals, and a high P/E valuation.
To see Spark’s full report on NTNX stock, click here.
More about Nutanix
Nutanix, Inc., listed on Nasdaq as NTNX, operates in the hybrid multicloud computing market, providing the Nutanix Cloud Platform and related software to help enterprises deploy and manage distributed IT infrastructure. The company focuses on modern applications, AI-related workloads, external storage support and solutions for highly regulated customers, including U.S. federal and intelligence community environments.
Average Trading Volume: 4,788,774
Technical Sentiment Signal: Sell
Current Market Cap: $10.24B
See more data about NTNX stock on TipRanks’ Stock Analysis page.
