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Nutanix completes SaaS shift, boosts profits and expands buyback amid AI growth potential

Market News
15 Apr 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Nutanix has successfully completed its transition to a SaaS business model, with projected revenue reaching $2.6 billion by 2025 and quarterly net profit hitting $103.5 million in early 2026. The company benefits from Broadcom's challenges with VMware, accelerating client migration to Nutanix's platform. Operating leverage is improving as expenses stabilize, allowing incremental revenue to convert efficiently into profit. With a $750 million stock buyback expansion, strong free cash flow, and positioning in AI infrastructure, Nutanix offers investors a margin of safety and potential for valuation growth.

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