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NetApp (NTAP)
NASDAQ:NTAP
NTAP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$83.80 - $135.45
Previous CloseN/A
Volume224.21K
Average Volume (3M)1.39M
Market Cap
$24.50B
Enterprise Value$25.10B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)22.1
Beta1.25
Next Earnings
Feb 27, 2025EPS Estimate
1.91Last Dividend Ex-Date
Jan 03, 2025Dividend Yield1.71%
Share Statistics
EPS (TTM)5.45
Shares Outstanding203,306,430
10 Day Avg. Volume1,417,277
30 Day Avg. Volume1,385,275
Standard Deviation0.09
R-Squared0.53
Alpha0.00540
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.79
Price to Cash Flow (P/CF)58.30
P/FCF Ratio102.10
Enterprise Value/Market Cap1.02
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit5.66
Enterprise Value/Ebitda14.57
Forecast
1Y Price Target
$138.15Price Target Upside10.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
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Bulls Say, Bears Say
Bulls Say
Market PositionNetApp is a leading provider of data storage solutions, with the ability to continue gaining share in All-Flash-Arrays (AFA) solutions from competitors such as Dell and HP Enterprise.
Product InnovationNetApp's recent product innovations, including C-series and new Block storage products, are expected to continue driving market share gains.
Bears Say
Valuation ConcernsNetApp is trading close to its 10-year high valuation, leading the analyst to consider NTAP fairly valued.
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Ownership Overview
0.36% Insiders
29.32% Mutual Funds
21.50% Other Institutional Investors
20.08% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NTAP FAQ
What was NetApp’s price range in the past 12 months?
NetApp lowest stock price was $83.80 and its highest was $135.45 in the past 12 months.
What is NetApp’s market cap?
NetApp’s market cap is $24.50B.
When is NetApp’s upcoming earnings report date?
NetApp’s upcoming earnings report date is Feb 27, 2025 which is in 6 days.
How were NetApp’s earnings last quarter?
NetApp released its earnings results on Nov 21, 2024. The company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.784 by $0.086.
Is NetApp overvalued?
According to Wall Street analysts NetApp’s price is currently Undervalued.
Does NetApp pay dividends?
NetApp pays a Quarterly dividend of $0.519 which represents an annual dividend yield of 1.71%. See more information on NetApp dividends here
What is NetApp’s EPS estimate?
NetApp’s EPS estimate is 1.91.
How many shares outstanding does NetApp have?
NetApp has 203,306,430 shares outstanding.
What happened to NetApp’s price movement after its last earnings report?
NetApp reported an EPS of $1.87 in its last earnings report, beating expectations of $1.784. Following the earnings report the stock price went down -3.426%.
Which hedge fund is a major shareholder of NetApp?
Currently, no hedge funds are holding shares in NTAP
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NetApp Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$138.15 (10.92% Upside)
$138.15 (10.92% Upside)
Blogger Sentiment
Bullish
NTAP Sentiment 90%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 10.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
47.85%
12-Months-Change
Fundamentals
Return on Equity
129.04%
Trailing 12-Months
Asset Growth
-0.76%
Trailing 12-Months
Company Description
NetApp
NetApp, Inc. engages in the design, manufacture, marketing, and technical support of storage and data management solutions. It offers cloud data services, data storage software, data backup and recovery, all-flash storage, converged systems, data infrastructure management, ONTAP data security, and hybrid flash storage. The company was founded by David Hitz, James K. Lau and Michael Malcolm in April 1992 and is headquartered in Sunnyvale, CA.
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NTAP Company Deck
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NTAP Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant growth in key areas like all-flash storage and cloud services. Despite some challenges, such as lower free cash flow due to strategic inventory purchases and a sequential decrease in RPO, the company's overall performance and strategic initiatives are positioned well for continued success.Read More>---
NTAP Net revenue Breakdown
90.25% Hybrid Cloud
9.75% Public Cloud
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NTAP Stock 12 Month Forecast
Average Price Target
$138.15
▲(10.92% Upside)
Technical Analysis
Cisco Systems
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International Business Machines
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Hewlett Packard Enterprise
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Nutanix
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Dell Technologies
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Best Analysts Covering NTAP
1 Year
1 Year Success Rate
10/19 ratings generated profit
1 Year Average Return
+8.18%
reiterated a buy rating 3 months ago
Copying Matthew Sheerin's trades and holding each position for 1 Year would result in 52.63% of your transactions generating a profit, with an average return of +8.18% per trade.
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