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NetApp (NTAP)
NASDAQ:NTAP
NTAP Stock Chart & Stats
$111.90
$0.05(0.04%)
At close: 4:00 PM EST
$111.90
$0.05(0.04%)
Day’s Range― - ―
52-Week Range$71.84 - $127.78
Previous CloseN/A
Volume224.21K
Average Volume (3M)2.12M
Market Cap
$22.16B
Enterprise Value$23.28B
Total Cash (Recent Filing)$3.01B
Total Debt (Recent Filing)$2.74B
Price to Earnings (P/E)19.5
Beta1.50
Next Earnings
Feb 26, 2026EPS Estimate
2.07Next Dividend Ex-DateN/A
Dividend Yield1.86%
Share Statistics
EPS (TTM)2.05
Shares Outstanding198,060,350
10 Day Avg. Volume1,741,912
30 Day Avg. Volume2,116,589
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 Cap1.05
Enterprise Value/Revenue3.51
Enterprise Value/Gross Profit4.99
Enterprise Value/Ebitda13.46
Forecast
1Y Price Target
$123.23Price Target Upside10.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
AI Solutions DemandNetApp continues to see strong demand for its AI solutions as well as first party and marketplace cloud storage services, and all-flash offerings.
EarningsNTAP delivered a beat with revenues of $1.7B versus expectations of $1.69B and EPS of $2.05 versus $1.88 expected.
Product InnovationNetApp unveiled two new AI-focused products, NetApp AFX and AI Data Engine, to assist enterprises in overcoming barriers to AI adoption.
Bears Say
Enterprise AI AdoptionEnterprise AI adoption seems to be slow, still in the data preparation stage, which may delay expected demand.
Market CompetitionThe market for disaggregated storage solutions is fairly competitive.
Third-Quarter Revenue GuidanceThird-quarter revenue guidance came in below expectations (by $16 million).
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 $22.16B.
When is NetApp’s upcoming earnings report date?
NetApp’s upcoming earnings report date is Feb 26, 2026 which is in 67 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 1.86%. 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 0.472%.
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
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Analyst Consensus
Moderate Buy
Average Price Target:
$123.23 (10.13% Upside)
$123.23 (10.13% Upside)
Blogger Sentiment
Bullish
NTAP Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 3.1%
Last 30 Days ▲ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.06%
12-Months-Change
Fundamentals
Return on Equity
125.35%
Trailing 12-Months
Asset Growth
6.95%
Trailing 12-Months
Company Description
NetApp
NetApp, Inc. (NTAP) is a multinational data management and storage company headquartered in Sunnyvale, California. Founded in 1992, NetApp specializes in cloud data services and storage solutions that help organizations manage their data across various environments, including on-premises, hybrid, and public clouds. The company offers a range of products and services, including data storage systems, cloud data management services, and data protection solutions, aimed at enabling businesses to optimize their data assets for better performance and efficiency.
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
▲(10.13% Upside)
Technical Analysis
Ownership Overview
0.37% Insiders
30.49% Mutual Funds
21.04% Other Institutional Investors
15.74% Public Companies and
Individual Investors