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NetApp (NTAP)
NASDAQ:NTAP
NTAP Stock Chart & Stats
$113.77
$0.05(0.04%)
At close: 4:00 PM EST
$113.77
$0.05(0.04%)
Day’s Range― - ―
52-Week Range$71.84 - $135.45
Previous CloseN/A
Volume224.21K
Average Volume (3M)1.75M
Market Cap
$23.09B
Enterprise Value$20.72B
Total Cash (Recent Filing)$3.32B
Total Debt (Recent Filing)$2.75B
Price to Earnings (P/E)20.4
Beta1.49
Next Earnings
Nov 25, 2025EPS Estimate
1.89Last Dividend Ex-Date
Oct 03, 2025Dividend Yield1.83%
Share Statistics
EPS (TTM)1.55
Shares Outstanding199,618,400
10 Day Avg. Volume1,660,938
30 Day Avg. Volume1,754,824
Financial Highlights & Ratios
PEG Ratio0.67
Price to Book (P/B)17.35
Price to Sales (P/S)2.75
P/FCF Ratio13.49
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue3.14
Enterprise Value/Gross Profit4.49
Enterprise Value/Ebitda12.22
Forecast
1Y Price Target
$120.50Price Target Upside5.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Market ExpansionThe announcement of 'NetApp AFX', an enterprise-grade all-flash storage system built on ONTAP for NVIDIA DGX SuperPOD, increases the potential long-term TAM for NetApp.
Product InnovationNetApp unveiled two new AI-focused products, NetApp AFX and AI Data Engine, to assist enterprises in overcoming barriers to AI adoption.
Strategic CollaborationsNew collaborations include with Cisco, Broadcom, Kochasoft, and Equinix, providing new service offerings and deepening partnerships to enhance data infrastructure capabilities.
Bears Say
Adoption TimelineMeaningful Enterprise adoption of the new offerings is expected to take some time, with no financial benefit anticipated in NetApp's fiscal 2026.
Financial PerformanceProduct gross margins disappointed primarily on mix but mgmt confident on further improving Prod GM given improving cost structure qq, continued ramp in flash-based solutions and continued ramp of Public Cloud margins.
Market CompetitionThe market for disaggregated storage solutions is fairly competitive.
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 $135.45 in the past 12 months.
What is NetApp’s market cap?
NetApp’s market cap is $23.09B.
When is NetApp’s upcoming earnings report date?
NetApp’s upcoming earnings report date is Nov 25, 2025 which is in 17 days.
How were NetApp’s earnings last quarter?
NetApp released its earnings results on Aug 27, 2025. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.538 by $0.012.
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 1.83%. See more information on NetApp dividends here
What is NetApp’s EPS estimate?
NetApp’s EPS estimate is 1.89.
How many shares outstanding does NetApp have?
NetApp has 199,618,400 shares outstanding.
What happened to NetApp’s price movement after its last earnings report?
NetApp reported an EPS of $1.55 in its last earnings report, beating expectations of $1.538. Following the earnings report the stock price went up 4.541%.
Which hedge fund is a major shareholder of NetApp?
Currently, no hedge funds are holding shares in NTAP
NetApp Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$120.50 (5.92% Upside)
$120.50 (5.92% Upside)
Blogger Sentiment
Bullish
NTAP Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 526.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.6%
Last 30 Days ▲ 7.8%
Last 30 Days ▲ 7.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-4.17%
12-Months-Change
Fundamentals
Return on Equity
123.00%
Trailing 12-Months
Asset Growth
3.95%
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|Neutral
The earnings call demonstrated a strong start to fiscal year 2026 with revenue exceeding guidance and significant growth in all-flash and cloud services. However, challenges in the US public sector and EMEA, along with a decline in product revenue, presented notable obstacles. The sentiment is balanced by strong cash flow and strategic wins in AI infrastructure.View all NTAP earnings summariesNTAP Net revenue Breakdown
89.88% Hybrid Cloud
10.12% Public Cloud
NTAP Stock 12 Month Forecast
Average Price Target
$120.50
▲(5.92% Upside)
Technical Analysis
Ownership Overview
0.37% Insiders
30.92% Mutual Funds
0.48% Other Institutional Investors
36.00% Public Companies and
Individual Investors