Nutanix Inc is trading 4% up at $54.15, continuing a strong rally following last week's earnings and boosted by a new AI-related catalyst today.
- New Catalyst: The company announced today that its Nutanix Unified Storage (NUS) solution is now NVIDIA-Certified at the enterprise level, a move aimed at supporting large-scale production AI workloads.
- Post-Earnings Momentum: The stock is extending gains from its strong Q3 earnings report on May 27, where it beat estimates and raised its full-year 2026 revenue guidance to $2.82B–$2.84B.
- Growth Drivers: Management continues to cite market share gains from VMware migrations as a primary growth driver.