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NetApp NasdaqGS:NTAP Stock Report

Last Price

US$90.49

Market Cap

US$18.2b

7D

-2.4%

1Y

-15.0%

Updated

02 Apr, 2025

Data

Company Financials +

NTAP Stock Overview

Provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. More details

NTAP fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends5/6

NetApp, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for NetApp
Historical stock prices
Current Share PriceUS$90.49
52 Week HighUS$135.45
52 Week LowUS$86.40
Beta1.23
1 Month Change-5.47%
3 Month Change-21.94%
1 Year Change-15.02%
3 Year Change13.38%
5 Year Change120.82%
Change since IPO6,962.63%

Recent News & Updates

Are Investors Undervaluing NetApp, Inc. (NASDAQ:NTAP) By 50%?

Mar 26
Are Investors Undervaluing NetApp, Inc. (NASDAQ:NTAP) By 50%?

NetApp: Tremendous Value To Be Unlocked

Mar 19

Statutory Profit Doesn't Reflect How Good NetApp's (NASDAQ:NTAP) Earnings Are

Mar 11
Statutory Profit Doesn't Reflect How Good NetApp's (NASDAQ:NTAP) Earnings Are

Recent updates

Are Investors Undervaluing NetApp, Inc. (NASDAQ:NTAP) By 50%?

Mar 26
Are Investors Undervaluing NetApp, Inc. (NASDAQ:NTAP) By 50%?

NetApp: Tremendous Value To Be Unlocked

Mar 19

Statutory Profit Doesn't Reflect How Good NetApp's (NASDAQ:NTAP) Earnings Are

Mar 11
Statutory Profit Doesn't Reflect How Good NetApp's (NASDAQ:NTAP) Earnings Are

NetApp: Stands To Benefit From AI, But Needs More Discount

Feb 17

NetApp, Inc.'s (NASDAQ:NTAP) Share Price Could Signal Some Risk

Feb 12
NetApp, Inc.'s (NASDAQ:NTAP) Share Price Could Signal Some Risk

What Does NetApp, Inc.'s (NASDAQ:NTAP) Share Price Indicate?

Jan 27
What Does NetApp, Inc.'s (NASDAQ:NTAP) Share Price Indicate?

Under The Bonnet, NetApp's (NASDAQ:NTAP) Returns Look Impressive

Dec 27
Under The Bonnet, NetApp's (NASDAQ:NTAP) Returns Look Impressive

Is NetApp, Inc. (NASDAQ:NTAP) Trading At A 37% Discount?

Dec 12
Is NetApp, Inc. (NASDAQ:NTAP) Trading At A 37% Discount?

Analysts Are Updating Their NetApp, Inc. (NASDAQ:NTAP) Estimates After Its Second-Quarter Results

Nov 27
Analysts Are Updating Their NetApp, Inc. (NASDAQ:NTAP) Estimates After Its Second-Quarter Results

NetApp: ARR Growth And Margin Expansion Should Drive Further Upside

Nov 26

NetApp's Q2 Earnings Preview: Profits, Partnerships, And The Path Forward

Nov 19

Is NetApp (NASDAQ:NTAP) A Risky Investment?

Nov 04
Is NetApp (NASDAQ:NTAP) A Risky Investment?

NetApp: Why Investors Should Remain Bullish For Fiscal 2025

Oct 22

Unpleasant Surprises Could Be In Store For NetApp, Inc.'s (NASDAQ:NTAP) Shares

Oct 20
Unpleasant Surprises Could Be In Store For NetApp, Inc.'s (NASDAQ:NTAP) Shares

NetApp: Trading At Great Value Despite AI Tailwinds

Sep 30

What Does NetApp, Inc.'s (NASDAQ:NTAP) Share Price Indicate?

Sep 19
What Does NetApp, Inc.'s (NASDAQ:NTAP) Share Price Indicate?

NetApp, Inc.'s (NASDAQ:NTAP) CEO Looks Like They Deserve Their Pay Packet

Sep 04
NetApp, Inc.'s (NASDAQ:NTAP) CEO Looks Like They Deserve Their Pay Packet

NetApp: No More Near-Term Good News Left - Downgrading To Hold

Sep 02
author-image

Expanding Flash Arrays And Cloud Services Propel Growth Amid Financial And Market Risks

Sep 02 Expansion in all-flash arrays and growth in customer acquisition in this segment highlight potential for continued revenue increases without specifying figures.

Estimating The Intrinsic Value Of NetApp, Inc. (NASDAQ:NTAP)

Aug 26
Estimating The Intrinsic Value Of NetApp, Inc. (NASDAQ:NTAP)

NetApp: Hold, The Margin Of Safety Has Been Exploited

Jul 30

Returns On Capital At NetApp (NASDAQ:NTAP) Have Hit The Brakes

Jul 26
Returns On Capital At NetApp (NASDAQ:NTAP) Have Hit The Brakes

We Think NetApp (NASDAQ:NTAP) Can Manage Its Debt With Ease

Jul 11
We Think NetApp (NASDAQ:NTAP) Can Manage Its Debt With Ease

NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's

Jun 21
NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's

There May Be Reason For Hope In NetApp's (NASDAQ:NTAP) Disappointing Earnings

Jun 17
There May Be Reason For Hope In NetApp's (NASDAQ:NTAP) Disappointing Earnings

NetApp, Inc. (NASDAQ:NTAP) Analysts Are Pretty Bullish On The Stock After Recent Results

Jun 13
NetApp, Inc. (NASDAQ:NTAP) Analysts Are Pretty Bullish On The Stock After Recent Results

NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's

Jun 04
NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's

Unpleasant Surprises Could Be In Store For NetApp, Inc.'s (NASDAQ:NTAP) Shares

May 21
Unpleasant Surprises Could Be In Store For NetApp, Inc.'s (NASDAQ:NTAP) Shares

NetApp: A Long-Term Beneficiary Of AI

May 14

Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?

Apr 27
Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?

Returns On Capital At NetApp (NASDAQ:NTAP) Have Stalled

Apr 09
Returns On Capital At NetApp (NASDAQ:NTAP) Have Stalled

NetApp: AI Could Support More Upside - Initiating With A Buy

Mar 05

Shareholder Returns

NTAPUS TechUS Market
7D-2.4%0.9%-0.9%
1Y-15.0%28.0%8.4%

Return vs Industry: NTAP underperformed the US Tech industry which returned 28% over the past year.

Return vs Market: NTAP underperformed the US Market which returned 8.4% over the past year.

Price Volatility

Is NTAP's price volatile compared to industry and market?
NTAP volatility
NTAP Average Weekly Movement6.0%
Tech Industry Average Movement7.8%
Market Average Movement6.5%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: NTAP has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NTAP's weekly volatility (6%) has been stable over the past year.

Community vs My Fair Value

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About the Company

FoundedEmployeesCEOWebsite
199211,800George Kurianwww.netapp.com

NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Hybrid Cloud and Public Could. The company offers data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and NetApp Astra; and storage infrastructure solutions, including NetApp All-Flash FAS, NetApp All-Flash FAS with capacity flash, NetApp All-Flash SAN Array, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID.

NetApp, Inc. Fundamentals Summary

How do NetApp's earnings and revenue compare to its market cap?
NTAP fundamental statistics
Market capUS$18.20b
Earnings (TTM)US$1.14b
Revenue (TTM)US$6.51b

16.2x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NTAP income statement (TTM)
RevenueUS$6.51b
Cost of RevenueUS$1.91b
Gross ProfitUS$4.60b
Other ExpensesUS$3.46b
EarningsUS$1.14b

Last Reported Earnings

Jan 24, 2025

Next Earnings Date

May 29, 2025

Earnings per share (EPS)5.59
Gross Margin70.62%
Net Profit Margin17.47%
Debt/Equity Ratio200.4%

How did NTAP perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

37%

Payout Ratio

Does NTAP pay a reliable dividends?

See NTAP dividend history and benchmarks
When do you need to buy NTAP by to receive an upcoming dividend?
NetApp dividend dates
Ex Dividend DateApr 04 2025
Dividend Pay DateApr 23 2025
Days until Ex dividend1 day
Days until Dividend pay date20 days

Does NTAP pay a reliable dividends?

See NTAP dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/02 03:42
End of Day Share Price 2025/04/02 00:00
Earnings2025/01/24
Annual Earnings2024/04/26

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NetApp, Inc. is covered by 68 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Josep BoriAtlantic Equities LLP
Jayson NolandBaird