
NTAP
NetApp Inc
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
105.000
Open
104.860
VWAP
104.86
Vol
113.61K
Mkt Cap
20.97B
Low
104.4095
Amount
11.91M
EV/EBITDA(TTM)
12.35
Total Shares
205.80M
EV
20.60B
EV/OCF(TTM)
13.68
P/S(TTM)
3.37
NetApp, Inc. is an intelligent data infrastructure company combining unified data storage, integrated data, operational and workload services. It creates silo-free infrastructure, harnessing observability and AI to enable data management. Its operational and workload services provide continuous optimization of performance and efficiency for infrastructure and workloads through observability and AI. Its Hybrid Cloud segment provides a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. Its Public Cloud segment offers a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage, data services and operational services. These solutions and services are available in the public clouds, including Amazon AWS, Microsoft Azure, and Google Cloud.
Show More
Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q3
FY2026Q2
FY2026Q1
1.72B
+4.56%
2.067
+8.2%
1.68B
+1.27%
1.871
+0.05%
1.54B
-0.21%
1.538
-1.43%
Estimates Revision
The market is revising Downward the revenue expectations for NetApp, Inc. (NTAP) for FY2026, with the revenue forecasts being adjusted by -1.44% over the past three months. During the same period, the stock price has changed by 18.43%.
Revenue Estimates for FY2026
Revise Downward

-1.44%
In Past 3 Month
EPS Estimates for FY2026
Revise Upward

+0.44%
In Past 3 Month
Stock Price
Go Up

+18.43%
In Past 3 Month
14 Analyst Rating

7.08% Upside
Wall Street analysts forecast NTAP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NTAP is 112.17 USD with a low forecast of 100.00 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
11 Hold
0 Sell
Hold

7.08% Upside
Current: 104.750

Low
100.00
Averages
112.17
High
130.00

7.08% Upside
Current: 104.750

Low
100.00
Averages
112.17
High
130.00
JPMorgan
NULL -> Overweight
maintain
$115 -> $130
2025-07-17
Reason
JPMorgan
Price Target
$115 -> $130
2025-07-17
maintain
NULL -> Overweight
Reason
JPMorgan raised the firm's price target on NetApp to $130 from $115 and keeps an Overweight rating on the shares. The firm adjusted price targets in hardware and networking, saying it expects upside to second half of 2025 estimates from "robust" cloud spending. However, underlying end market drivers for other customer verticals "remain a watchpoint" as they exhibit more sensitivity to the macro environment, the analyst tells investors in a research note.
Citi
Neutral
maintain
$105 -> $110
2025-06-01
Reason
Citi
Price Target
$105 -> $110
2025-06-01
maintain
Neutral
Reason
Citi raised the firm's price target on NetApp to $110 from $105 and keeps a Neutral rating on the shares. The company's fiscal Q4 sales reflected traction of its refreshed systems portfolio, while earnings beat on operating leverage, the analyst tells investors in a research note. The firm believes NetApp is well positioned within enterprise artificial intelligence market.
Barclays
Overweight
maintain
$115 -> $117
2025-05-30
Reason
Barclays
Price Target
$115 -> $117
2025-05-30
maintain
Overweight
Reason
Wells Fargo
Equal Weight
downgrade
$115 -> $100
2025-05-30
Reason
Wells Fargo
Price Target
$115 -> $100
2025-05-30
downgrade
Equal Weight
Reason
Wells Fargo lowered the firm's price target on NetApp to $100 from $115 and keeps an Equal Weight rating on the shares. While the firm finds NetApp's valuation as somewhat de-risked at 12-turns its new 2026 EPS estimate, Wells remains on the sidelines as it expects shares to keep being range-bound until more visible signs of high-single-digit-plus revenue growth materializes.
BofA
Wamsi Mohan
Neutral
maintain
$120 -> $121
2025-05-30
Reason
BofA
Wamsi Mohan
Price Target
$120 -> $121
2025-05-30
maintain
Neutral
Reason
JPMorgan
Overweight
downgrade
$120 -> $115
2025-05-30
Reason
JPMorgan
Price Target
$120 -> $115
2025-05-30
downgrade
Overweight
Reason
See All Ratings
Valuation Metrics
The current forward P/E ratio for NetApp Inc (NTAP.O) is 13.64, compared to its 5-year average forward P/E of 14.31. For a more detailed relative valuation and DCF analysis to assess NetApp Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair
5Y Average PE
14.31
Current PE
13.64
Overvalued PE
16.61
Undervalued PE
12.00
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair
5Y Average EV/EBITDA
9.57
Current EV/EBITDA
9.48
Overvalued EV/EBITDA
11.07
Undervalued EV/EBITDA
8.07
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair
5Y Average PS
2.78
Current PS
3.14
Overvalued PS
3.35
Undervalued PS
2.21
Financials
Annual
Quarterly
FY2025Q4
YoY :
+3.84%
1.73B
Total Revenue
FY2025Q4
YoY :
+7.36%
394.00M
Operating Profit
FY2025Q4
YoY :
+16.84%
340.00M
Net Income after Tax
FY2025Q4
YoY :
+20.44%
1.65
EPS - Diluted
FY2025Q4
YoY :
+12.87%
640.00M
Free Cash Flow
FY2025Q4
YoY :
-2.30%
68.88
Gross Profit Margin - %
FY2025Q4
YoY :
-16.59%
20.36
FCF Margin - %
FY2025Q4
YoY :
+12.49%
19.63
Net Margin - %
FY2025Q4
YoY :
+8.62%
31.76
ROIC
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
2.9M
USD
8
3-6
Months
7.5M
USD
9
6-9
Months
10.5M
USD
10
0-12
Months
7.4M
USD
9
Bought
0-3
0
0.0
USD
Months
3-6
2
499.6K
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
2.5K
Volume
1
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
2
11.2K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
16.0K
USD
2
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
2.9M
USD
8
3-6
Months
7.5M
USD
9
6-9
Months
10.5M
USD
10
0-12
Months
7.4M
USD
9
Bought
0-3
0
0.0
USD
Months
3-6
2
499.6K
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
NTAP News & Events
Events Timeline
2025-06-24 (ET)
2025-06-24
16:06:42
NetApp names Syam Nair as Chief Product Officer

2025-05-29 (ET)
2025-05-29
16:04:14
NetApp raises FY26 adjusted EPS view to $7.60-$7.90 from $7.17-$7.27

2025-05-29
16:03:19
NetApp sees Q1 adjusted EPS $1.48-$1.58, consensus $1.66

Sign Up For More Events
Sign Up For More Events
News
2.0
07-19NASDAQ.COMNetApp Breaks Above 200-Day Moving Average - Bullish for NTAP
4.0
07-17BenzingaJP Morgan Maintains Overweight on NetApp, Raises Price Target to $130
6.5
07-09BenzingaDell, HPE Named Top AI Server Plays As Analyst Cites $14B Backlog
Sign Up For More News
People Also Watch

EXE
Expand Energy Corp
98.200
USD
-1.41%

TYL
Tyler Technologies Inc
560.730
USD
+0.14%

PPL
PPL Corp
36.650
USD
+0.19%

BAM
BROOKFIELD ASSET MANAGEMENT LTD
63.140
USD
-0.08%

AWK
American Water Works Co Inc
140.420
USD
-0.06%

VTR
Ventas Inc
66.540
USD
-0.85%

ADM
Archer-Daniels-Midland Co
54.160
USD
-2.41%

WST
West Pharmaceutical Services Inc
264.420
USD
-5.26%

UI
Ubiquiti Inc
447.570
USD
+0.04%

HBAN
Huntington Bancshares Inc
16.595
USD
-0.27%
FAQ

What is NetApp Inc (NTAP) stock price today?
The current price of NTAP is 104.75 USD — it has increased 0.09 % in the last trading day.

What is NetApp Inc (NTAP)'s business?

What is the price predicton of NTAP Stock?

What is NetApp Inc (NTAP)'s revenue for the last quarter?

What is NetApp Inc (NTAP)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for NetApp Inc (NTAP)'s fundamentals?

How many employees does NetApp Inc (NTAP). have?
