Pre-earnings brief
Reports
Wed, Nov 25, 2026
Est. EPS
—
Est. revenue
—
Implied move
±18.7%
EPS beat rate
100%
Nutanix, Inc. is a technology company that specializes in application software, particularly in cloud computing and virtualization. With a market cap of $20 billion, Nutanix plays a significant role in helping businesses manage their IT infrastructure more efficiently, which is increasingly important as companies shift to cloud-based solutions.
Last quarter
In the last quarter, Nutanix reported an EPS of $0.60, significantly beating estimates by 219%. However, the stock experienced a slight decline of 1.58% the following day.
Management promises and guidance
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+877.54%
Avg 1-day reaction
+0.73%
Overall, expectations are mixed as Nutanix has consistently beaten EPS estimates in the past. However, the lack of analyst estimates this quarter leaves uncertainty about revenue performance.
Bull case
If Nutanix continues its trend of beating EPS estimates and shows strong revenue growth, it could signal robust demand for its products, leading to a positive market reaction.
Bear case
On the other hand, if the company fails to meet expectations or provides weak guidance, it could raise concerns about its growth trajectory, resulting in a negative impact on the stock.
The print will turn on these.
Q1
What is the expected EPS for this quarter, and how does it compare to last quarter's performance?
Given Nutanix's history of beating EPS estimates, the market will closely watch this metric to gauge ongoing profitability.
Q2
What are the latest updates on customer retention and revenue growth?
These metrics are critical for understanding the company's ability to sustain its growth and maintain customer loyalty.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±15.1%
Why consensus could be wrong
The Street may be underestimating Nutanix's ability to leverage its recent product enhancements to drive revenue growth this quarter.
Supporting evidence
Nutanix has consistently beaten EPS estimates, suggesting strong operational performance.
The options market is pricing a large move, indicating that traders expect significant news, which could be positive.
Recent customer feedback indicates high satisfaction, which may translate into better retention rates.
Key risk
If customer retention rates exceed 90%, it could significantly alter the market's perception of Nutanix's growth potential.
Pre-commit to what would confirm each case.
The market is debating Nutanix's ability to maintain its growth trajectory amid increasing competition in the cloud services sector.
Bull confirmed if
An EPS of $0.70 or higher would confirm the bull case, indicating strong profitability.
Bear confirmed if
An EPS below $0.40 would confirm the bear case, raising concerns about profitability.
What the market is pricing for the move.
Implied Move
±18.74%
Historical Avg
±1.3%
The options market is pricing in a significant move of nearly 19%, indicating that traders expect volatility around the earnings report.
Options are pricing ±18.7% while NTNX has averaged ±1.3% over the last 8 prints — setup is pricing rich.
ATM IV
0.5%
30d HV
27.5%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Nutanix beats expectations, history suggests a positive reaction with an average 1-day move of +0.73%, confirming strong demand.
In line / cautious
If results are in line with expectations, the stock may experience muted movement as investors await further guidance.
Miss
If the company misses expectations, history suggests a potential downside move, with an average reaction of -1.32%.
The lines on the call that would change the story.