Education
About Us
Working with TipRanks
Follow Us
NetApp (NTAP)
NASDAQ:NTAP
NTAP Stock Chart & Stats
$105.55
$0.05(0.04%)
At close: 4:00 PM EST
$105.55
$0.05(0.04%)
Day’s Range― - ―
52-Week Range$71.84 - $127.78
Previous CloseN/A
Volume224.21K
Average Volume (3M)1.68M
Market Cap
$20.91B
Enterprise Value$23.28B
Total Cash (Recent Filing)$3.01B
Total Debt (Recent Filing)$2.74B
Price to Earnings (P/E)18.3
Beta1.49
Next Earnings
Feb 26, 2026EPS Estimate
2.07Next Dividend Ex-DateN/A
Dividend Yield1.89%
Share Statistics
EPS (TTM)2.05
Shares Outstanding198,060,350
10 Day Avg. Volume1,556,978
30 Day Avg. Volume1,682,463
Financial Highlights & Ratios
PEG Ratio0.68
Price to Book (P/B)17.60
Price to Sales (P/S)2.79
P/FCF Ratio13.68
Enterprise Value/Market Cap1.11
Enterprise Value/Revenue3.51
Enterprise Value/Gross Profit4.99
Enterprise Value/Ebitda13.46
Forecast
1Y Price Target
$123.23Price Target Upside16.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Cloud And Partner-driven GrowthGrowing demand for all-flash and public cloud storage combined with new collaborations with major infrastructure partners supports an expanded market opportunity and recurring cloud revenue potential.
Earnings And MarginsStronger-than-expected quarterly results with revenue and EPS beats and record gross and operating margins highlight improving profitability and financial resilience.
Product Innovation For AIIntroduction of AI-focused systems and a data engine that simplify pipelines and enable real-time vectorization could accelerate customer adoption of high-value AI storage solutions.
Bears Say
Competitive Dynamics And Near-term UptakeA competitive market for disaggregated storage and limited visibility on when customers will meaningfully adopt the new offerings suggest near-term financial benefits could remain constrained.
Component Cost And Supply RiskUncertainty around memory cost dynamics and potential NAND supply constraints creates risk of rising component costs that could weigh on future margins.
Pace Of Enterprise AI AdoptionSlow enterprise AI rollout driven by prolonged data preparation stages may delay large-scale customer upgrades and shift expected revenue realization further into the future.
NetApp News
NTAP FAQ
What was NetApp’s price range in the past 12 months?
NetApp lowest stock price was $71.84 and its highest was $127.78 in the past 12 months.
What is NetApp’s market cap?
NetApp’s market cap is $20.91B.
When is NetApp’s upcoming earnings report date?
NetApp’s upcoming earnings report date is Feb 26, 2026 which is in 46 days.
How were NetApp’s earnings last quarter?
NetApp released its earnings results on Oct 24, 2025. The company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.885 by $0.165.
Is NetApp overvalued?
According to Wall Street analysts NetApp’s price is currently Undervalued.
Does NetApp pay dividends?
NetApp pays a Quarterly dividend of $0.52 which represents an annual dividend yield of 1.89%. See more information on NetApp dividends here
What is NetApp’s EPS estimate?
NetApp’s EPS estimate is 2.07.
How many shares outstanding does NetApp have?
NetApp has 198,060,350 shares outstanding.
What happened to NetApp’s price movement after its last earnings report?
NetApp reported an EPS of $2.05 in its last earnings report, beating expectations of $1.885. Following the earnings report the stock price went up 0.474%.
Which hedge fund is a major shareholder of NetApp?
Currently, no hedge funds are holding shares in NTAP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
NetApp Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$123.23 (16.75% Upside)
$123.23 (16.75% Upside)
Blogger Sentiment
Bullish
NTAP Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.9%
Last 30 Days ▲ 5.2%
Last 30 Days ▲ 5.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.77%
12-Months-Change
Fundamentals
Return on Equity
125.35%
Trailing 12-Months
Asset Growth
6.95%
Trailing 12-Months
Company Description
NetApp
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
NTAP Company Deck
NTAP Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call showed positive momentum with strong growth in revenue, especially in AI solutions, cloud, and flash services. However, challenges in the US public sector and weaker cash flow were notable concerns.View all NTAP earnings summariesNTAP Net revenue Breakdown
89.88% Hybrid Cloud
10.12% Public Cloud
NTAP Stock 12 Month Forecast
Average Price Target
$123.23
▲(16.75% Upside)
Technical Analysis
Ownership Overview
0.37% Insiders
30.49% Mutual Funds
21.04% Other Institutional Investors
15.74% Public Companies and Individual Investors