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NetApp (NTAP)
NASDAQ:NTAP
NTAP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$89.88 - $135.45
Previous CloseN/A
Volume224.21K
Average Volume (3M)2.52M
Market Cap
$19.04B
Enterprise Value$25.10B
Total Cash (Recent Filing)$1.51B
Total Debt (Recent Filing)$1.99B
Price to Earnings (P/E)17.1
Beta1.33
Next Earnings
May 29, 2025EPS Estimate
1.9Next Dividend Ex-Date
Apr 04, 2025Dividend Yield2.23%
Share Statistics
EPS (TTM)5.40
Shares Outstanding206,376,660
10 Day Avg. Volume2,583,436
30 Day Avg. Volume2,518,672
Financial Highlights & Ratios
PEG Ratio0.73
Price to Book (P/B)N/A
Price to Sales (P/S)2.88
Price to Cash Flow (P/CF)12.20
P/FCF Ratio12.20
Enterprise Value/Market Cap1.32
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit5.66
Enterprise Value/Ebitda14.71
Forecast
1Y Price Target
$122.33Price Target Upside28.61% Upside
Rating ConsensusHold
Number of Analyst Covering13
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Bulls Say, Bears Say
Bulls Say
AI And Cloud GrowthNetApp reported consistent AI traction with more than 100 deals in the quarter and multiple service provider wins, expecting a second half 2025 and beyond inflection with increasing enterprise AI deployments.
Deal ClosuresManagement has identified the problem and has already closed many of the larger deals that pushed out into F4Q.
Public Cloud SalesPublic cloud sales were again a bright spot, up 21% year-over-year excluding Spot.
Bears Say
Financial GuidanceNetApp’s fiscal third-quarter results and fourth-quarter guidance came in below consensus across most major key metrics.
Product MarginsProduct GM% declined by 356 basis points quarter-over-quarter to 56.7%, with confidence in a bottom at around 56% being a focus.
Revenue And ProfitabilityNetApp reported F3Q25 revenue at $1.641 billion, which was below expectations.
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Ownership Overview
0.35% Insiders
28.89% Mutual Funds
21.41% Other Institutional Investors
20.00% 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 $89.88 and its highest was $135.45 in the past 12 months.
What is NetApp’s market cap?
NetApp’s market cap is $19.04B.
When is NetApp’s upcoming earnings report date?
NetApp’s upcoming earnings report date is May 29, 2025 which is in 65 days.
How were NetApp’s earnings last quarter?
NetApp released its earnings results on Feb 27, 2025. The company reported $1.91 earnings per share for the quarter, missing the consensus estimate of $1.912 by -$0.002.
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 2.23%. See more information on NetApp dividends here
What is NetApp’s EPS estimate?
NetApp’s EPS estimate is 1.9.
How many shares outstanding does NetApp have?
NetApp has 206,376,660 shares outstanding.
What happened to NetApp’s price movement after its last earnings report?
NetApp reported an EPS of $1.91 in its last earnings report, missing expectations of $1.912. Following the earnings report the stock price went down -15.573%.
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
Hold
Average Price Target:
$122.33 (28.61% Upside)
$122.33 (28.61% Upside)
Blogger Sentiment
Bullish
NTAP Sentiment 90%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.5%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.65%
12-Months-Change
Fundamentals
Return on Equity
114.33%
Trailing 12-Months
Asset Growth
-4.06%
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.
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NTAP Company Deck
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NTAP Earnings Call
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented both positive achievements and challenges. While there was strong growth in specific segments like all-flash arrays and public cloud, and improvements in operating and public cloud gross margins, there were notable execution challenges and unfavorable currency impacts. The company's guidance adjustments and sector-specific weaknesses also added caution. However, the company's strategic positioning and product strength provide a balanced outlook.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
$122.33
▲(28.61% Upside)
Technical Analysis
Cisco Systems
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Best Analysts Covering NTAP
1 Year
1 Year Success Rate
7/23 ratings generated profit
1 Year Average Return
-5.80%
reiterated a buy rating 22 days ago
Copying Ananda Baruah's trades and holding each position for 1 Year would result in 30.43% of your transactions generating a profit, with an average return of -5.80% per trade.
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