Jabran Kundi
Tue, June 16, 2026 astatine 7:05 AM CDT 2 min read
On May 28, Nutanix Inc. (NASDAQ:NTNX) posted its Q3 2026 earnings. The steadfast reported gross of $703 million, which comfortably bushed the Wall Street statement of $690 million. The net per stock came successful astatine $0.47, which exceeded the analysts' estimates of $0.36. The company's escaped currency travel stood astatine $197 million, which represented a 28% margin.
The institution remains cautious connected Q4 guidance owed to the Middle East conflict, arsenic the concern remains uncertain successful the region, affecting the company's business. For Q4 2026, the institution has raised its gross guidance to betwixt $725 cardinal and $745 million. Free currency travel is expected to scope $760 to $780 million.
Nutanix Inc. (NASDAQ:NTNX) operates an endeavor unreality level crossed the Middle East, Europe, Africa, North America, Latin America, and the Asia Pacific. The institution delivers hyperconverged infrastructure software, Nutanix Cloud Infrastructure, Nutanix AHV, Nutanix Cloud Platform, and others.
While we admit the imaginable of NTNX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
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