NTNX

Nutanix stock fell 4.32% on October 16, 2026, significantly underperforming the S&P 500's 1.09% loss. Despite positive earnings projections showing 46.34% year-over-year EPS growth and 13.6% revenue growth, the stock trades at a premium valuation with a Forward P/E of 30.31 versus the industry average of 14.61. Nutanix holds a Zacks Rank #2 (Buy) rating.

Genpact (G) and Nutanix (NTNX) are both Computers - IT Services stocks with a Zacks Rank #2 (Buy), but Genpact emerges as the superior value option. Genpact has a forward P/E of 8.36 and a Value grade of A, while Nutanix has a forward P/E of 32.32 and a Value grade of F, making Genpact significantly more undervalued based on traditional valuation metrics.

Nutanix (NTNX) closed at $74.62, up 2.07%, outperforming the S&P 500's 0.6% gain. The enterprise cloud platform provider has gained 11.76% over the past month.

Analysts project Q earnings of $0.60 per share (up 46.34% YoY) and revenue of $761.76 million (up 13.6% YoY). The company holds a Zacks Rank #2 (Buy) rating with a Forward P/E of 31.67, trading at a premium to its industry average of 13.26.