Should You Buy Nutanix Stock After 23% Drop?

NTNX: Nutanix logo
NTNX
Nutanix

Nutanix (NTNX) stock has fallen by 22.9% in less than a month, from $53.51 on 9th Jan, 2026 to $41.24 now. Should you buy this dip?

Dip buying is a viable strategy for quality stocks that have a history of recovering from dips. As it turns out, NTNX stock passes basic quality checks. Historically, the median return for the 12-month period following sharp dips was 0.4% , with median peak return reaching 34%. We define sharp dip as stock going down 30% or more, in less than 30 day period.

Below, we get into details of historical dips and subsequent returns.

 
Historical Median Returns Post Dips
 

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Period Past Median Return
1M -6.1%
3M -2.0%
6M -2.0%
12M 0.4%

 
Historical Dip-Wise Details
 
NTNX had 9 events since 1/1/2010 where the dip threshold of -30% within 30 days was triggered

  • 34% median peak return within 1 year of dip event
  • 189 days is the median time to peak return after a dip event
  • -46% median max drawdown within 1 year of dip event

30 Day Dip NTNX Subsequent Performance
Date NTNX SPY 1Y Peak
Return
Max
Drop
# Days
to Peak
Median     0% 34% -46% 189
12012025 -30% 3% -8% 13% -12% 39
5262022 -39% -9% 78% 102% -17% 202
2272020 -33% -9% 30% 51% -46% 350
8142019 -32% -4% 19% 106% -31% 189
5312019 -33% -5% -14% 33% -56% 264
3012019 -31% 7% -29% 28% -46% 56
10092018 -32% -0% -42% 34% -55% 126
3092017 -32% 3% 128% 128% -33% 365
11142016 -37% 0% 0% 23% -49% 4

 
Nutanix Passes Basic Financial Quality Checks

Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.

Quality Metrics Value Quality Check
Revenue Growth (LTM) 17.4% Pass
Revenue Growth (3-Yr Avg) 17.0% Pass
Operating Cash Flow Margin (LTM) 32.7% Pass
Leverage (see below) Pass
=> Interest Coverage Ratio 23.6  
=> Cash To Interest Expense Ratio 194.1  

Not sure if you can take a call on NTNX stock? Consider portfolio approach

Why Stock Pickers Win More With Multi Asset Portfolios

Markets move differently but a mix of assets smooths volatility. A multi asset portfolio keeps you invested and reduces the impact of sharp drops in any single area.

The asset allocation framework of Trefis’ Boston-based, wealth management partner yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Our partner’ strategy now includes Trefis High Quality Portfolio, which has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices