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NetApp NasdaqGS:NTAP Stock Report

Last Price

US$100.14

Market Cap

US$20.7b

7D

-4.5%

1Y

58.0%

Updated

18 Apr, 2024

Data

Company Financials +

NTAP Stock Overview

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide.

NTAP fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends5/6

NetApp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NetApp
Historical stock prices
Current Share PriceUS$100.14
52 Week HighUS$112.48
52 Week LowUS$60.92
Beta1.27
1 Month Change-3.07%
3 Month Change14.04%
1 Year Change58.05%
3 Year Change32.64%
5 Year Change36.23%
Change since IPO7,715.80%

Recent News & Updates

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

Recent updates

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

Is Now The Time To Look At Buying NetApp, Inc. (NASDAQ:NTAP)?

Dec 25
Is Now The Time To Look At Buying NetApp, Inc. (NASDAQ:NTAP)?

NetApp's (NASDAQ:NTAP) Soft Earnings Are Actually Better Than They Appear

Dec 07
NetApp's (NASDAQ:NTAP) Soft Earnings Are Actually Better Than They Appear

NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

Nov 23
NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

Here's Why NetApp (NASDAQ:NTAP) Has Caught The Eye Of Investors

Nov 08
Here's Why NetApp (NASDAQ:NTAP) Has Caught The Eye Of Investors

NetApp, Inc. (NASDAQ:NTAP) Shares Could Be 29% Below Their Intrinsic Value Estimate

Oct 23
NetApp, Inc. (NASDAQ:NTAP) Shares Could Be 29% Below Their Intrinsic Value Estimate

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

Sep 23
NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

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

Sep 07
NetApp, Inc.'s (NASDAQ:NTAP) CEO Looks Like They Deserve Their Pay Packet

NetApp (NASDAQ:NTAP) Has Affirmed Its Dividend Of $0.50

Aug 27
NetApp (NASDAQ:NTAP) Has Affirmed Its Dividend Of $0.50

Is Now An Opportune Moment To Examine NetApp, Inc. (NASDAQ:NTAP)?

Aug 15
Is Now An Opportune Moment To Examine NetApp, Inc. (NASDAQ:NTAP)?

If EPS Growth Is Important To You, NetApp (NASDAQ:NTAP) Presents An Opportunity

Jul 31
If EPS Growth Is Important To You, NetApp (NASDAQ:NTAP) Presents An Opportunity

Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

Jul 16
Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

Jun 23
NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

Here's Why NetApp (NASDAQ:NTAP) Can Manage Its Debt Responsibly

Jun 20
Here's Why NetApp (NASDAQ:NTAP) Can Manage Its Debt Responsibly

NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

Jun 05
NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

An Intrinsic Calculation For NetApp, Inc. (NASDAQ:NTAP) Suggests It's 34% Undervalued

May 15
An Intrinsic Calculation For NetApp, Inc. (NASDAQ:NTAP) Suggests It's 34% Undervalued

NetApp (NASDAQ:NTAP) Might Have The Makings Of A Multi-Bagger

Apr 13
NetApp (NASDAQ:NTAP) Might Have The Makings Of A Multi-Bagger

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

Mar 21
Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?

NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

Mar 07
NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

NetApp, Inc.'s (NASDAQ:NTAP) Intrinsic Value Is Potentially 44% Above Its Share Price

Feb 08
NetApp, Inc.'s (NASDAQ:NTAP) Intrinsic Value Is Potentially 44% Above Its Share Price

With EPS Growth And More, NetApp (NASDAQ:NTAP) Makes An Interesting Case

Jan 26
With EPS Growth And More, NetApp (NASDAQ:NTAP) Makes An Interesting Case

Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

Jan 12
Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

Dec 28
NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

Dec 03
NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

Shareholder Returns

NTAPUS TechUS Market
7D-4.5%-4.5%-3.7%
1Y58.0%3.2%20.2%

Return vs Industry: NTAP exceeded the US Tech industry which returned 3.2% over the past year.

Return vs Market: NTAP exceeded the US Market which returned 20.2% over the past year.

Price Volatility

Is NTAP's price volatile compared to industry and market?
NTAP volatility
NTAP Average Weekly Movement5.8%
Tech Industry Average Movement7.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
199212,000George Kurianwww.netapp.com

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, 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$20.67b
Earnings (TTM)US$940.00m
Revenue (TTM)US$6.18b

22.0x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NTAP income statement (TTM)
RevenueUS$6.18b
Cost of RevenueUS$1.85b
Gross ProfitUS$4.33b
Other ExpensesUS$3.39b
EarningsUS$940.00m

Last Reported Earnings

Jan 26, 2024

Next Earnings Date

May 30, 2024

Earnings per share (EPS)4.55
Gross Margin70.09%
Net Profit Margin15.21%
Debt/Equity Ratio240.5%

How did NTAP perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

45%

Payout Ratio
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