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NTAP

NetApp NasdaqGS:NTAP Stock Report

Last Price

US$90.58

Market Cap

US$18.6b

7D

16.0%

1Y

43.6%

Updated

05 Dec, 2023

Data

Company Financials +

NetApp, Inc.

NasdaqGS:NTAP Stock Report

Mkt Cap: US$18.6b

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.

About the company

NTAP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends5/6

Rewards

Trading at 6.9% below our estimate of its fair value
Earnings are forecast to grow 16.02% per year
Pays a reliable dividend of 2.21%

Risk Analysis

Profit margins (11.3%) are lower than last year (22.4%)

NetApp, Inc. Competitors

Hewlett Packard Enterprise

NYSE:HPE

US$21.2b

HP

NYSE:HPQ

US$28.7b

Super Micro Computer

NasdaqGS:SMCI

US$14.8b

Pure Storage

NYSE:PSTG

US$10.3b

Price History & Performance

Summary of all time highs, changes and price drops for NetApp
Historical stock prices
Current Share PriceUS$90.58
52 Week HighUS$91.78
52 Week LowUS$58.08
Beta1.26
1 Month Change19.34%
3 Month Change13.34%
1 Year Change43.60%
3 Year Change49.60%
5 Year Change41.09%
Change since IPO6,969.66%

Recent News & Updates

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

Recent updates

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

What Is NetApp, Inc.'s (NASDAQ:NTAP) Share Price Doing?

Nov 24
What Is NetApp, Inc.'s (NASDAQ:NTAP) Share Price Doing?

These 4 Measures Indicate That NetApp (NASDAQ:NTAP) Is Using Debt Reasonably Well

Nov 09
These 4 Measures Indicate That NetApp (NASDAQ:NTAP) Is Using Debt Reasonably Well

NetApp: A Strong Value Tech Stock With Technical Support And A High Yield

Oct 10

Why The 20% Return On Capital At NetApp (NASDAQ:NTAP) Should Have Your Attention

Oct 07
Why The 20% Return On Capital At NetApp (NASDAQ:NTAP) Should Have Your Attention

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

Sep 01
NetApp (NASDAQ:NTAP) Has Affirmed Its Dividend Of $0.50

NetApp FQ1 2023 Earnings Preview

Aug 23

Is There Now An Opportunity In NetApp, Inc. (NASDAQ:NTAP)?

Aug 19
Is There Now An Opportunity In NetApp, Inc. (NASDAQ:NTAP)?

Is NetApp (NASDAQ:NTAP) A Risky Investment?

Aug 03
Is NetApp (NASDAQ:NTAP) A Risky Investment?

NetApp: 3% Yield And Low P/E Are Excellent Reasons To Buy

Jul 27

NetApp goes ex-dividend tomorrow

Jul 06

Shareholder Returns

NTAPUS TechUS Market
7D16.0%1.6%0.6%
1Y43.6%35.1%14.6%

Return vs Industry: NTAP exceeded the US Tech industry which returned 35.1% over the past year.

Return vs Market: NTAP exceeded the US Market which returned 14.6% over the past year.

Price Volatility

Is NTAP's price volatile compared to industry and market?
NTAP volatility
NTAP Average Weekly Movement4.8%
Tech Industry Average Movement6.4%
Market Average Movement6.1%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.9%

Stable Share Price: NTAP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: NTAP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199212,000George Kurianhttps://www.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$18.61b
Earnings (TTM)US$692.00m
Revenue (TTM)US$6.10b

27.0x

P/E Ratio

3.1x

P/S Ratio

Is NTAP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NTAP income statement (TTM)
RevenueUS$6.10b
Cost of RevenueUS$1.92b
Gross ProfitUS$4.18b
Other ExpensesUS$3.49b
EarningsUS$692.00m

Last Reported Earnings

Oct 27, 2023

Next Earnings Date

Feb 09, 2024

Earnings per share (EPS)3.36
Gross Margin68.55%
Net Profit Margin11.34%
Debt/Equity Ratio310.5%

How did NTAP perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

61%

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 DateJan 04 2024
Dividend Pay DateJan 24 2024
Days until Ex dividend29 days
Days until Dividend pay date49 days

Does NTAP pay a reliable dividends?

See NTAP dividend history and benchmarks