Nutanix Stock Hits Day Low of $37.30 Amid Price Pressure

Nutanix, Inc., a small-cap player in the software products industry, has experienced significant volatility today, with the stock hitting an intraday low of USD 37.30. The company’s stock has seen a notable decline of -9.54% as of February 23, 2026, reflecting a broader trend of underperformance. Over the past day, Nutanix's performance has dipped by -6.17%, contrasting sharply with the S&P 500's gain of 0.69%. In the past week, Nutanix has faced a decline of -10.49%, and its one-month performance shows a decrease of -12.68%. Year-to-date, the stock is down -27.68%, while its one-year performance reveals a substantial drop of -46.4%. This trend is further highlighted by a three-year performance of 30.43%, which lags behind the S&P 500's impressive 69.39% return. Financial metrics indicate challenges for Nutanix, including a negative book value and a weak long-term fundamental strength. The company's return on equity stands at -32.98%, and it has a high P/E ratio of 97.00, suggesting that the stock may be trading at elevated valuations compared to its historical averages.