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NetApp NasdaqGS:NTAP Stock Report

Last Price

US$122.83

Market Cap

US$24.8b

7D

6.5%

1Y

62.0%

Updated

07 Nov, 2024

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.

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

Rewards

Risk Analysis

No risks detected for NTAP from our risk checks.

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

NetApp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NetApp
Historical stock prices
Current Share PriceUS$122.83
52 Week HighUS$135.01
52 Week LowUS$75.32
Beta1.22
11 Month Change-2.94%
3 Month Change0.28%
1 Year Change62.00%
33 Year Change33.61%
5 Year Change98.18%
Change since IPO9,486.73%

Recent News & Updates

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

Recent updates

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

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

Shareholder Returns

NTAPUS TechUS Market
7D6.5%0.9%5.1%
1Y62.0%25.2%37.7%

Return vs Industry: NTAP exceeded the US Tech industry which returned 25.2% over the past year.

Return vs Market: NTAP exceeded the US Market which returned 37.7% over the past year.

Price Volatility

Is NTAP's price volatile compared to industry and market?
NTAP volatility
NTAP Average Weekly Movement4.3%
Tech Industry Average Movement7.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.9%

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 (4%) 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$24.81b
Earnings (TTM)US$1.09b
Revenue (TTM)US$6.38b

23.2x

P/E Ratio

3.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NTAP income statement (TTM)
RevenueUS$6.38b
Cost of RevenueUS$1.84b
Gross ProfitUS$4.54b
Other ExpensesUS$3.45b
EarningsUS$1.09b

Last Reported Earnings

Jul 26, 2024

Next Earnings Date

Nov 21, 2024

Earnings per share (EPS)5.30
Gross Margin71.11%
Net Profit Margin17.01%
Debt/Equity Ratio257.6%

How did NTAP perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

38%

Payout Ratio