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NetApp, Inc. Stock Price

NasdaqGS:NTAP Community·US$37.1b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 113 Fair Values set on narratives written by author
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NTAP Share Price Performance

US$184.74
61.21 (49.55%)
​
US$194.19
Fair Value
US$184.74
61.21 (49.55%)
4.9% undervalued intrinsic discount
US$194.19
Fair Value
Price US$184.74
AnalystConsensusTarget US$194.19
AnalystLowTarget US$150.00
AnalystHighTarget US$200.00
Tue, 8 Sep 26
Fair ValueUS$194.19
Share Pricen/a

NTAP Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$194.19 4.9% undervalued intrinsic discount

NTAP: Cloud Software Momentum And Margin Recovery Will Drive Measured Upside Ahead

0users have liked this narrative
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45users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value US$150 23.2% overvalued intrinsic discount

AI Storage And Cloud Services Dependence Will Increase Earnings Risk Over Time

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$200 7.6% undervalued intrinsic discount

AI And Cloud Catalysts Will Drive Stronger Profitability For This Data Storage Leader

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
NTAP logo
NetApp
4.9% undervalued intrinsic discount
Updated

NTAP: Cloud Software Momentum And Margin Recovery Will Drive Measured Upside Ahead

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 8 Sep
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NTAP logo
NetApp
23.2% overvalued intrinsic discount

AI Storage And Cloud Services Dependence Will Increase Earnings Risk Over Time

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AN
AnalystLowTarget
AnalystLowTarget
Updated 10 Aug
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NTAP logo
NetApp
7.6% undervalued intrinsic discount

AI And Cloud Catalysts Will Drive Stronger Profitability For This Data Storage Leader

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AN
AnalystHighTarget
AnalystHighTarget
Published 1 Jun
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Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystConsensusTarget
NTAP logo

NTAP: AI Storage Demand And Cloud Partnerships Will Support Fair Valuation Balance

Fair Value: US$194.19 4.9% undervalued intrinsic discount
45 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystLowTarget
NTAP logo

NTAP: AI Storage Upswing Will Eventually Buckle Under Rising Component Costs

Fair Value: US$150 23.2% overvalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
NTAP logo

AI And Cloud Catalysts Will Drive Stronger Profitability For This Data Storage Leader

Fair Value: US$200 7.6% undervalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Flawless balance sheet, good value and pays a dividend.

0 Risks
3 Rewards
View Full Analysis

NetApp, Inc. Key Details

US$7.4b

Revenue

US$2.2b

Cost of Revenue

US$5.2b

Gross Profit

US$3.8b

Other Expenses

US$1.4b

Earnings

Last Reported Earnings
Jul 31, 2026
Next Reporting Earnings
Dec 01, 2026
7.22
70.63%
19.19%
166.4%
View Full Analysis

About NTAP

Founded
1992
Employees
11700
CEO
George Kurian
WebsiteView website
www.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 through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

Recent NTAP News & Updates

User avatar
Narrative Update • Sep 08

NTAP: AI Storage Demand And Cloud Partnerships Will Support Fair Valuation Balance

NetApp's analyst fair value target has moved up from $186.31 to $194.19 as analysts point to stronger revenue and margin estimates supported by recent "strong" quarters, raised long term revenue and EPS forecasts, and broad based demand, even as some firms trim valuation multiples on margin headwinds and pull forward concerns. Analyst Commentary Recent Street research on NetApp points to a mix of optimism on execution and growth, alongside a more cautious view on how much of that strength is already reflected in the stock.

Recent updates

No updates

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