Barclays Cuts Nutanix Price Target to $47

Analysts cite supply constraints and moderated growth outlook for the cloud computing firm

Feb. 26, 2026 at 3:37pm

Got story updates? Submit your updates here. ›

Barclays analysts have reduced their price target for Nutanix (NASDAQ:NTNX) from $53 to $47, citing supply chain issues and a moderated growth outlook for the enterprise cloud computing company. Despite the lower target, Barclays maintained an "equal weight" rating on Nutanix's stock.

Why it matters

Nutanix has been a leader in the hyperconverged infrastructure (HCI) market, but the company is now facing headwinds from supply chain constraints and a more cautious growth outlook. This could impact Nutanix's ability to capitalize on the growing demand for cloud computing services.

The details

In a research note, Barclays analysts said Nutanix's AI-driven demand is outpacing available supply, prompting the company to tighten its fiscal year 2026 revenue guidance range and provide Q3 revenue guidance below consensus estimates. The analysts also flagged concerns about higher server costs and the potential for growth moderation beyond the immediate AI-driven bookings cycle.

  • Barclays reduced their Nutanix price target on Thursday, February 26, 2026.

The players

Nutanix

An enterprise cloud computing company that develops software to simplify the deployment and management of datacenter infrastructure.

Barclays

A multinational investment bank and financial services company that provides research coverage on Nutanix.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Nutanix's supply chain challenges and more cautious growth outlook could limit the company's ability to capitalize on the growing demand for cloud computing services, despite its leadership position in the hyperconverged infrastructure market.