NetApp, Inc. (NTAP)

US — Technology Sector
Peers: RGTI  HPQ  LOGI  FLEX  LDOS  VRSN  JBL  CHKP  TDY  PTC 

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Key Metrics & Ratings

  • symbol NTAP
  • Rev/Share 32.7761
  • Book/Share 4.8507
  • PB 23.1449
  • Debt/Equity 2.8154
  • CurrentRatio 1.3133
  • ROIC 0.1871

 

  • MktCap 22411154624.0
  • FreeCF/Share 8.2488
  • PFCF 13.517
  • PE 19.2709
  • Debt/Assets 0.2836
  • DivYield 0.0185
  • ROE 1.2004

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 3
  • 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
Upgrade NTAP Northland Capital Market Perform Outperform -- $137 Nov. 26, 2025
Initiation NTAP Oppenheimer -- Perform -- -- Nov. 17, 2025
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

NTAP & NVDA Power Agentic AI With Intelligent Data Infrastructure
NTAP, NVDA
Published: March 20, 2025 by: Zacks Investment Research
Sentiment: Neutral

NetApp partners with NVIDIA to transform AI data infrastructure with the NVIDIA AI Data Platform.

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image for news NTAP & NVDA Power Agentic AI With Intelligent Data Infrastructure
Is Trending Stock NetApp, Inc. (NTAP) a Buy Now?
NTAP
Published: March 07, 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 Is Trending Stock NetApp, Inc. (NTAP) a Buy Now?
NetApp's Q3 Earnings Meet Estimates, Stock Tanks on Lowered Guidance
NTAP
Published: February 28, 2025 by: Zacks Investment Research
Sentiment: Neutral

NTAP's fiscal third-quarter performance gains from momentum in all-flash, first-party and marketplace cloud storage services. It lowers its revenue outlook for fiscal 2025.

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image for news NetApp's Q3 Earnings Meet Estimates, Stock Tanks on Lowered Guidance
NetApp, Inc. (NTAP) Q3 2025 Earnings Call Transcript
NTAP
Published: February 27, 2025 by: Seeking Alpha
Sentiment: Neutral

NetApp, Inc. (NASDAQ:NTAP ) Q3 2025 Earnings Conference Call February 27, 2025 5:30 PM ET Company Participants Kris Newton - Vice President, Investor Relations George Kurian - Chief Executive Officer Mike Berry - Chief Financial Officer Conference Call Participants Aaron Rakers - Wells Fargo Meta Marshall - Morgan Stanley Mehdi Hosseini - SIG Irvin Liu - Evercore ISI David Vogt - UBS Jason Ader - William Blair Ruplu Bhattacharya - Bank of America Steven Fox - Fox Advisors Krish Sankar - TD Cowen Simon Leopold - Raymond James Lou Miscioscia - Daiwa Capital Markets Ananda Baruah - Loop Capital Asiya …

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image for news NetApp, Inc. (NTAP) Q3 2025 Earnings Call Transcript
NetApp (NTAP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
NTAP
Published: February 27, 2025 by: Zacks Investment Research
Sentiment: Positive

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

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image for news NetApp (NTAP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
NetApp Gears Up for Q3 Earnings: Here's What You Should Know
NTAP
Published: February 24, 2025 by: Zacks Investment Research
Sentiment: Positive

NTAP's third-quarter performance is likely to have gained from momentum in all-flash products. Muted IT spending remains a concern.

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image for news NetApp Gears Up for Q3 Earnings: Here's What You Should Know
NetApp (NTAP) Advances While Market Declines: Some Information for Investors
NTAP
Published: February 20, 2025 by: Zacks Investment Research
Sentiment: Neutral

In the closing of the recent trading day, NetApp (NTAP) stood at $124.58, denoting a +0.04% change from the preceding trading day.

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image for news NetApp (NTAP) Advances While Market Declines: Some Information for Investors
Bet on 5 Top-Ranked Stocks With Rising P/E
CENT, ENSG, NEE, NTAP, TSN
Published: February 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Tyson Foods, NetApp, NextEra Energy, The Ensign Group and Central Garden & Pet.

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image for news Bet on 5 Top-Ranked Stocks With Rising P/E

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.