NetApp, Inc. (NTAP)

US — Technology Sector
Peers: ANET  DELL  DDD  SSYS  WDC  LOGI  HPQ  NNDM  SMCI  PSTG  STX 

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Key Metrics & Ratings

  • symbol NTAP
  • Rev/Share 32.3744
  • Book/Share 5.1232
  • PB 23.5802
  • Debt/Equity 3.3567
  • CurrentRatio 1.255
  • ROIC 0.1649

 

  • MktCap 24172939685.0
  • FreeCF/Share 6.5911
  • PFCF 18.0665
  • PE 20.6774
  • Debt/Assets 0.3226
  • DivYield 0.0172
  • ROE 1.2303

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 4
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Resumed NTAP Morgan Stanley -- Equal Weight -- $115 Aug. 21, 2025
Upgrade NTAP Barclays Equal Weight Overweight -- $115 April 30, 2025
Reiterated NTAP TD Cowen -- Buy $160 $130 Feb. 28, 2025
Upgrade NTAP BofA Securities Underperform Neutral $121 $128 Feb. 19, 2025
Downgrade NTAP Susquehanna Positive Neutral -- -- Feb. 10, 2025
Upgrade NTAP JP Morgan Neutral Overweight -- $160 Dec. 16, 2024
Upgrade NTAP Loop Capital Hold Buy $121 $150 Sept. 3, 2024

News

NetApp Up 14% in a Month: How Should Investors Play the Stock?
NTAP
Published: September 04, 2025 by: Zacks Investment Research
Sentiment: Neutral

NTAP's shares surges 14% in a month as flash, cloud and AI growth fuel optimism, but macro headwinds raise caution for investors.

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image for news NetApp Up 14% in a Month: How Should Investors Play the Stock?
NetApp, Inc. (NTAP) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference Transcript
NTAP
Published: September 03, 2025 by: Seeking Alpha
Sentiment: Neutral

NetApp, Inc. (NASDAQ:NTAP ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 12:50 PM EDT Company Participants Kris Newton - VP of Corporate Communications & Investor Relations George Kurian - CEO & Director Conference Call Participants Asiya Merchant - Citigroup Inc., Research Division Presentation Asiya Merchant VP & Analyst Hardware, tech supply chain. Welcome to Day 1 of Citi's conference.

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image for news NetApp, Inc. (NTAP) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference Transcript
Here's Why NetApp (NTAP) is a Strong Growth Stock
NTAP
Published: September 03, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Here's Why NetApp (NTAP) is a Strong Growth Stock
Here is What to Know Beyond Why NetApp, Inc. (NTAP) is a Trending Stock
NTAP
Published: September 03, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching NetApp (NTAP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Here is What to Know Beyond Why NetApp, Inc. (NTAP) is a Trending Stock
NetApp: Cheap Valuation Offsets Execution Stumbles
NTAP
Published: September 02, 2025 by: Seeking Alpha
Sentiment: Positive

Shares of NetApp stumbled after reporting Q1 results, which featured a return to decelerating billings growth. Still, the company's weaker growth rates are compensated for by a cheap valuation at ~14x forward P/E, well below competitor Pure Storage. While Pure Storage is growing faster than NetApp, NetApp still retains the No. 1 market position in the all-flash array industry, and both players benefit from AI tailwinds.

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image for news NetApp: Cheap Valuation Offsets Execution Stumbles
Why NetApp (NTAP) International Revenue Trends Deserve Your Attention
NTAP
Published: September 01, 2025 by: Zacks Investment Research
Sentiment: Negative

Review NetApp's (NTAP) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.

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image for news Why NetApp (NTAP) International Revenue Trends Deserve Your Attention
NetApp's Q1 Earnings & Revenues Surpass Estimates, Stock Down
NTAP
Published: August 28, 2025 by: Zacks Investment Research
Sentiment: Positive

NTAP posts Q1 revenue and earnings beat, fueled by the Americas' enterprise gains, while reiterating its full-year outlook.

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image for news NetApp's Q1 Earnings & Revenues Surpass Estimates, Stock Down
Here's Why NetApp (NTAP) is a Strong Momentum Stock
NTAP
Published: August 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Here's Why NetApp (NTAP) is a Strong Momentum Stock
NetApp Set to Report Q1 Earnings: Key Performance Drivers to Watch
NTAP
Published: August 25, 2025 by: Zacks Investment Research
Sentiment: Negative

NTAP readies Q1 fiscal 2026 results as flash and cloud gains offset macro headwinds and cautious customer spending.

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image for news NetApp Set to Report Q1 Earnings: Key Performance Drivers to Watch
Unlocking Q1 Potential of NetApp (NTAP): Exploring Wall Street Estimates for Key Metrics
NTAP
Published: August 22, 2025 by: Zacks Investment Research
Sentiment: Neutral

Get a deeper insight into the potential performance of NetApp (NTAP) for the quarter ended July 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

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image for news Unlocking Q1 Potential of NetApp (NTAP): Exploring Wall Street Estimates for Key Metrics
NetApp, Inc. (NTAP) is Attracting Investor Attention: Here is What You Should Know
NTAP
Published: August 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to NetApp (NTAP). This makes it worthwhile to examine what the stock has in store.

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image for news NetApp, Inc. (NTAP) is Attracting Investor Attention: Here is What You Should Know
Why NetApp (NTAP) is a Top Growth Stock for the Long-Term
NTAP
Published: August 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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image for news Why NetApp (NTAP) is a Top Growth Stock for the Long-Term
Red River receives NetApp North America Civilian Partner of the Year Award for FY'25
NTAP
Published: August 14, 2025 by: Business Wire
Sentiment: Neutral

CHANTILLY, Va.--(BUSINESS WIRE)--Red River has been named the NetApp North America Civilian Partner of the Year.

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image for news Red River receives NetApp North America Civilian Partner of the Year Award for FY'25
NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It
NTAP
Published: August 06, 2025 by: Zacks Investment Research
Sentiment: Positive

NetApp (NTAP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It
WDC vs. NTAP: Which Stock Is the Better Value Option?
NTAP, WDC
Published: August 04, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors interested in Computer- Storage Devices stocks are likely familiar with Western Digital (WDC) and NetApp (NTAP). But which of these two stocks offers value investors a better bang for their buck right now?

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image for news WDC vs. NTAP: Which Stock Is the Better Value Option?
NetApp, Inc. (NTAP) is Attracting Investor Attention: Here is What You Should Know
NTAP
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching NetApp (NTAP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news NetApp, Inc. (NTAP) is Attracting Investor Attention: Here is What You Should Know
NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It
NTAP
Published: July 11, 2025 by: Zacks Investment Research
Sentiment: Positive

NetApp (NTAP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It
Investors Heavily Search NetApp, Inc. (NTAP): Here is What You Need to Know
NTAP
Published: June 27, 2025 by: Zacks Investment Research
Sentiment: Positive

NetApp (NTAP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Investors Heavily Search NetApp, Inc. (NTAP): Here is What You Need to Know
3 Storage Devices Stocks to Focus on From a Prospering Industry
NTAP, TDC, WDC
Published: June 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Momentum in cloud computing, IoT, auto, and AI is likely to favor the prospects of Zacks Computer - Storage Devices industry players like WDC, NTAP, and TDC, amid a volatile macro backdrop.

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image for news 3 Storage Devices Stocks to Focus on From a Prospering Industry
Don't Overlook NetApp (NTAP) International Revenue Trends While Assessing the Stock
NTAP
Published: June 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Evaluate NetApp's (NTAP) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

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image for news Don't Overlook NetApp (NTAP) International Revenue Trends While Assessing the Stock
NetApp: Great Buy At 14x P/E Amid Recovering Billings
NTAP
Published: June 09, 2025 by: Seeking Alpha
Sentiment: Positive

I'm rotating out of overvalued large-caps and into value plays like NetApp, which offers a rare bargain in today's market. NetApp has rebounded from sales execution issues, showing improved billings, margin expansion, and a strong FY26 guidance for growth and EPS. Secular data growth, high gross margins, and a rising ARR base position NetApp well for future gains despite industry competition.

Read More
image for news NetApp: Great Buy At 14x P/E Amid Recovering Billings
NetApp, Inc. (NTAP) is Attracting Investor Attention: Here is What You Should Know
NTAP
Published: June 05, 2025 by: Zacks Investment Research
Sentiment: Positive

NetApp (NTAP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news NetApp, Inc. (NTAP) is Attracting Investor Attention: Here is What You Should Know
NetApp: Needs To Prove Its Capabilities Before Achieving Revenue Expansion
NTAP
Published: June 04, 2025 by: Seeking Alpha
Sentiment: Positive

NetApp operates in a high-growth industry but has shown only stable, moderate revenue growth, lagging behind the sector's momentum. The company boasts industry-leading profitability and high margins, yet hasn't translated increased debt into accelerated revenue growth. Valuation metrics suggest NTAP is fairly valued, with a DCF-based target price of $99.82, supporting a HOLD rating at current levels.

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image for news NetApp: Needs To Prove Its Capabilities Before Achieving Revenue Expansion
NetApp's Q4 Earnings & Revenues Beat Estimates, Rise Y/Y, Stock Down
NTAP
Published: May 30, 2025 by: Zacks Investment Research
Sentiment: Neutral

NTAP fourth-quarter earnings & revenues top estimates and rise Y/Y. Shares fall 4.8% on cautious FY2026 outlook and weaker first-quarter guidance.

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image for news NetApp's Q4 Earnings & Revenues Beat Estimates, Rise Y/Y, Stock Down
NetApp, Inc. (NTAP) Q4 2025 Earnings Call Transcript
NTAP
Published: May 29, 2025 by: Seeking Alpha
Sentiment: Neutral

NetApp, Inc. (NASDAQ:NTAP ) Q4 2025 Results Conference Call May 29, 2025 5:30 PM ET Company Participants Kris Newton - VP, Investor Relations George Kurian - Chief Executive Officer Wissam Jabre - EVP and Chief Financial Officer Conference Call Participants Tim Long - Barclays Samik Chatterjee - JPMorgan Wamsi Mohan - Bank of America Meta Marshall - Morgan Stanley David Vogt - UBS Mike Cadiz - Citigroup Param Singh - Oppenheimer Krish Sankar - TD Cowen Mehdi Hosseini - SIG Steven Fox - Fox Advisors Jason Ader - William Blair Simon Leopold - Raymond James Ananda Baruah - Loop Capital …

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image for news NetApp, Inc. (NTAP) Q4 2025 Earnings Call Transcript
NetApp (NTAP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
NTAP
Published: May 29, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for NetApp (NTAP) give insight into how the company performed in the quarter ended April 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Read More
image for news NetApp (NTAP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
NetApp (NTAP) Tops Q4 Earnings and Revenue Estimates
NTAP
Published: May 29, 2025 by: Zacks Investment Research
Sentiment: Positive

NetApp (NTAP) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $1.80 per share a year ago.

Read More
image for news NetApp (NTAP) Tops Q4 Earnings and Revenue Estimates
Why NetApp (NTAP) is a Top Momentum Stock for the Long-Term
NTAP
Published: May 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Why NetApp (NTAP) is a Top Momentum Stock for the Long-Term
NetApp Gears Up to Post Q4 Earnings: What's in the Offing?
NTAP
Published: May 26, 2025 by: Zacks Investment Research
Sentiment: Positive

NTAP's fiscal Q4 performance is likely to have benefited from strength across its all-flash storage products amid forex woes and the global Public sector downtrend.

Read More
image for news NetApp Gears Up to Post Q4 Earnings: What's in the Offing?
Countdown to NetApp (NTAP) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
NTAP
Published: May 23, 2025 by: Zacks Investment Research
Sentiment: Neutral

Evaluate the expected performance of NetApp (NTAP) for the quarter ended April 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Read More
image for news Countdown to NetApp (NTAP) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

About NetApp, Inc. (NTAP)

  • IPO Date 1995-11-21
  • Website https://www.netapp.com
  • Industry Computer Hardware
  • CEO George Kurian
  • Employees 11800

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, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.