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NetApp NasdaqGS:NTAP Stock Report

Last Price

US$122.44

Market Cap

US$24.5b

7D

-3.1%

1Y

40.0%

Updated

30 Jan, 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
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends5/6

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US$138.88
FV
11.8% undervalued intrinsic discount
5.42%
Revenue growth p.a.
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1 day ago author updated this narrative

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NetApp, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for NetApp
Historical stock prices
Current Share PriceUS$122.44
52 Week HighUS$135.45
52 Week LowUS$83.80
Beta1.22
1 Month Change5.48%
3 Month Change5.46%
1 Year Change40.01%
3 Year Change39.20%
5 Year Change110.56%
Change since IPO9,456.29%

Recent News & Updates

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

Recent updates

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

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 (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

Mar 19
NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

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

Mar 05

NetApp (NASDAQ:NTAP) Has Announced A Dividend Of $0.50

Mar 05
NetApp (NASDAQ:NTAP) Has Announced A Dividend Of $0.50

Results: NetApp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 02
Results: NetApp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

NetApp Q3 Earnings Preview: Key Things To Consider

Feb 28

Calculating The Fair Value Of NetApp, Inc. (NASDAQ:NTAP)

Feb 18
Calculating The Fair Value Of NetApp, Inc. (NASDAQ:NTAP)

NetApp, Inc. (NASDAQ:NTAP) Not Lagging Market On Growth Or Pricing

Jan 31
NetApp, Inc. (NASDAQ:NTAP) Not Lagging Market On Growth Or Pricing

Shareholder Returns

NTAPUS TechUS Market
7D-3.1%6.3%-0.8%
1Y40.0%29.2%25.2%

Return vs Industry: NTAP exceeded the US Tech industry which returned 29.2% over the past year.

Return vs Market: NTAP exceeded the US Market which returned 25.2% over the past year.

Price Volatility

Is NTAP's price volatile compared to industry and market?
NTAP volatility
NTAP Average Weekly Movement4.6%
Tech Industry Average Movement9.1%
Market Average Movement6.5%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.3%

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 (5%) has been stable over the past year.

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$24.45b
Earnings (TTM)US$1.15b
Revenue (TTM)US$6.47b

21.6x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NTAP income statement (TTM)
RevenueUS$6.47b
Cost of RevenueUS$1.87b
Gross ProfitUS$4.60b
Other ExpensesUS$3.45b
EarningsUS$1.15b

Last Reported Earnings

Oct 25, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)5.66
Gross Margin71.10%
Net Profit Margin17.78%
Debt/Equity Ratio223.4%

How did NTAP perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

36%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 23:29
End of Day Share Price 2025/01/30 00:00
Earnings2024/10/25
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 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 69 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