NTNX is trading about 6% up at $55.00 in pre-market, extending its sharp post-earnings rally as investors react to raised long-term targets.
- Nutanix raised its full-year 2026 revenue guidance to $2.85B–$2.89B and reported solid ARR of $2.44B.
- The momentum is fueled by strong VMware migration demand and AI-driven hybrid cloud adoption.
- With no new headlines overnight, the move reflects a continuation of the positive sentiment following last week's earnings report.