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
Valuation	3/6
Future Growth	1/6
Past Performance	5/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 26.9% below our estimate of its fair value

Earnings grew by 63.6% over the past year

Risk Analysis

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

NetApp, Inc. Competitors

Hewlett Packard Enterprise

NYSE:HPE

US$28.8b

FUJIFILM Holdings

TSE:4901

JP¥3.9t

Quanta Computer

TWSE:2382

NT$1.1t

Canon

TSE:7751

JP¥4.9t

Price History & Performance

Summary of share price highs, lows and changes for NetApp
Historical stock prices
Current Share Price	US$2,450.00
52 Week High	US$2,607.00
52 Week Low	US$2,395.07
Beta	1.22
1 Month Change	-5.59%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	2.29%

Recent updates

Shareholder Returns

	NTAP *	MX Tech	MX Market
7D	0%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how NTAP * performed against the MX Tech industry.

Return vs Market: Insufficient data to determine how NTAP * performed against the MX Market.

Price Volatility

Is NTAP *'s price volatile compared to industry and market?
NTAP * volatility
NTAP * Average Weekly Movement	n/a
Tech Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in MX Market	0%
10% least volatile stocks in MX Market	0%

Stable Share Price: NTAP *'s share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: Insufficient data to determine NTAP *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1992	11,800	George Kurian	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 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 cap	Mex$487.60b
Earnings (TTM)	Mex$23.23b
Revenue (TTM)	Mex$130.63b

21.0x

P/E Ratio

3.7x

P/S Ratio

Is NTAP * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NTAP * income statement (TTM)
Revenue	US$6.47b
Cost of Revenue	US$1.87b
Gross Profit	US$4.60b
Other Expenses	US$3.45b
Earnings	US$1.15b

Last Reported Earnings

Oct 25, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)	5.66
Gross Margin	71.10%
Net Profit Margin	17.78%
Debt/Equity Ratio	223.4%

How did NTAP * perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

36%

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 Date	Jan 03 2025
Dividend Pay Date	Jan 22 2025
Days until Ex dividend	7 days
Days until Dividend pay date	26 days

Does NTAP * pay a reliable dividends?

See NTAP * dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 18:16
End of Day Share Price	2024/12/13 00:00
Earnings	2024/10/25
Annual Earnings	2024/04/26

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

NetApp, Inc. is covered by 70 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
James Kelleher	Argus Research Company
Josep Bori	Atlantic Equities LLP
Jayson Noland	Baird