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NetApp NasdaqGS:NTAP Stock Report

Last Price

US$130.24

Market Cap

US$26.5b

7D

3.1%

1Y

70.4%

Updated

01 Jul, 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
Valuation0/6
Future Growth2/6
Past Performance2/6
Financial Health5/6
Dividends4/6

NetApp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NetApp
Historical stock prices
Current Share PriceUS$130.24
52 Week HighUS$131.02
52 Week LowUS$70.82
Beta1.24
11 Month Change8.15%
3 Month Change24.37%
1 Year Change70.36%
33 Year Change56.93%
5 Year Change115.56%
Change since IPO10,065.07%

Recent News & Updates

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

Recent updates

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

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

Shareholder Returns

NTAPUS TechUS Market
7D3.1%4.0%0.5%
1Y70.4%14.6%20.5%

Return vs Industry: NTAP exceeded the US Tech industry which returned 14.6% over the past year.

Return vs Market: NTAP exceeded the US Market which returned 20.5% over the past year.

Price Volatility

Is NTAP's price volatile compared to industry and market?
NTAP volatility
NTAP Average Weekly Movement3.0%
Tech Industry Average Movement5.6%
Market Average Movement5.7%
10% most volatile stocks in US Market15.2%
10% least volatile stocks in US Market2.8%

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

Volatility Over Time: NTAP's weekly volatility (3%) 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$26.51b
Earnings (TTM)US$986.00m
Revenue (TTM)US$6.27b

27.2x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NTAP income statement (TTM)
RevenueUS$6.27b
Cost of RevenueUS$1.84b
Gross ProfitUS$4.43b
Other ExpensesUS$3.45b
EarningsUS$986.00m

Last Reported Earnings

Apr 26, 2024

Next Earnings Date

Aug 28, 2024

Earnings per share (EPS)4.79
Gross Margin70.72%
Net Profit Margin15.73%
Debt/Equity Ratio208.7%

How did NTAP perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

42%

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 DateJul 05 2024
Dividend Pay DateJul 24 2024
Days until Ex dividend2 days
Days until Dividend pay date21 days

Does NTAP pay a reliable dividends?

See NTAP dividend history and benchmarks
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