Table of Contents :
• Stock Rating & Target Price
• Investment Thesis
• Fundamental Models Used
• Company Description
• Corporate Timeline
• Key Metrics (KPI ) and Recently Reported Earnings Review
• Business Highlights, Strategic Announcements & Outlook
• Quarter-over-Quarter (Q-o-Q) and Year-over-Year (Y-o-Y) Growth Analysis
• Key Catalysts Driving Growth
• Historical Financial Statement Analysis & CAGR Trends
• Quarterly Key Financial Ratios and Performance Metrics
• Annual Financial Performance Analysis: Horizontal and Vertical Financial Analysis, Trends
• Financial Forecasts
• Annual Forecasts: Income Statement
• Annual Forecasts: Cash Flow Statements
• Net Debt Levels
• A Closer Look at DCF: Our Assumptions and Methodology
• Terminal Value Calculation
• Target Price Analysis
• Valuation Multiples
• Supplementary Valuation Analysis: Multiples Approach
• Scenario/Sensitivity Analysis – Base Case , Bull Case ,Bear Case
• Holistic Peer Review & Trading Comps: Financial Data, Operational Metrics, and Valuation Multiples
• Implied Price Per Share
• Ownership Activity/ Insider Trades
• Ownership Summary
• An analysis of ESG Risk Rating
• Key Professionals
• Key Board Members
• Key Risks Considerations
• Analyst Ratings
• Analyst Industry Views
• Disclosures
Nutanix (NTNX): Strategic Partnerships , Hybrid Multicloud &VMware Displacement Opportunity Anchor Growth- What’s the Impact, Outlook & its 5 Key Strategic Levers!
Nutanix delivered a strong Q1 FY25, with revenue of $590.96M (+16% YoY) and ARR of $1.966B (+18% YoY), beating expectations and reflecting resilience in its subscription-led model. Adjusted EPS of $0.42 and free cash flow of $152M (26% margin) underscored operational efficiency and disciplined execution. Net Retention Rate (NRR) of 110% highlights robust renewals momentum despite U.S. Federal spending softness, while strategic growth levers like hybrid cloud adoption and VMware displacement opportunities offer long-term upside. Partnerships with AWS, Dell, and Cisco provide optionality, but near-term contributions—such as Dell PowerFlex integration—are expected by FY26, limiting immediate revenue impact. Management’s raised FY25 guidance for revenue ($2.435B-$2.465B, +14% YoY) and operating margins (16%-17%) signals confidence in its pipeline, supported by upmarket growth and expanding available-to-renew (ATR) cohorts. However, challenges such as elongated sales cycles, macroeconomic uncertainty, and variability in federal spending temper short-term visibility. Nutanix’s focus on cloud-native applications, AI workloads, and go-to-market enhancements position it well to capitalize on secular tailwinds, including hybrid multicloud demand and VMware share capture. The strategic question remains: Can Nutanix accelerate market share gains and deliver consistent growth amid macro headwinds while scaling its strategic partnerships for long-term profitability?
