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NTAP Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
98.530
Open
97.300
VWAP
97.61
Vol
2.02M
Mkt Cap
19.26B
Low
96.730
Amount
197.41M
EV/EBITDA(TTM)
10.56
Total Shares
197.33M
EV
18.60B
EV/OCF(TTM)
10.38
P/S(TTM)
2.93
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.
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Events Timeline

(ET)
2026-02-26
16:10:00
Sees Q4 Revenue of $1.795B to $1.945B
select
2026-02-26
16:10:00
NetApp Reports Q3 Revenue of $1.71B, Exceeding Expectations
select
2026-02-26
16:10:00
Raises FY26 Revenue Outlook to $6.772B-$6.922B
select
2026-02-26
14:30:00
Notable Companies Earnings Consensus: Intuit $3.68
select

News

CNBC
2.0
02-28CNBC
Shift to Paid Cloud Storage Sparks Consumer Frustration
  • Rising Storage Costs: As companies like Snap and Google Photos phase out unlimited free storage, users are facing significant increases in storage fees, with Google Cloud's 200GB plan rising from $2.99 to $4.99 per month, heightening sensitivity to storage costs and impacting consumer spending decisions.
  • Surge in User Complaints: Data from PissedConsumer.com indicates a continuous rise in consumer complaints regarding cloud storage issues in 2023, with many users feeling compelled to pay to retain access to personal files, highlighting a pressing demand for transparency and service quality in the market.
  • Emotional Impact Intensifies: Experts note that users' emotional attachment to personal data makes the shift to paid cloud storage feel more painful, as many worry about losing their digital history, which affects their satisfaction and loyalty towards these services.
  • Shifting Market Dynamics: The monetization of cloud storage services is altering consumer habits, with traditional photo storage methods being replaced by digital solutions, leading to a decline in related industries while simultaneously creating growth opportunities for emerging services.
seekingalpha
8.0
02-27seekingalpha
NetApp Declares $0.52 Quarterly Dividend Amid Growth Momentum
  • Dividend Declaration: NetApp has declared a quarterly dividend of $0.52 per share, consistent with previous distributions, indicating the company's stable cash flow and commitment to shareholder returns.
  • Revenue Growth Target: The company aims for an 8% revenue growth in Q4 2026, driven by strong momentum in AI and cloud services, highlighting its competitive position in a rapidly evolving market.
  • Financial Performance: NetApp reported a non-GAAP EPS of $2.12, beating estimates by $0.06, with revenue of $1.71 billion exceeding expectations by $10 million, reflecting improved operational efficiency.
  • Shareholder Returns: The dividend will be payable on April 22, with a record date of April 3 and an ex-dividend date also on April 3, ensuring timely returns for shareholders and bolstering investor confidence.
seekingalpha
9.5
02-27seekingalpha
NetApp Reports Strong Q3 2026 Earnings with Record Revenue and AI Growth
  • Significant Revenue Growth: NetApp reported Q3 2026 revenue of $1.71 billion, a 4% year-over-year increase, with a 6% rise excluding the divested Spot business, highlighting the company's strong performance in cloud computing and AI.
  • Surge in AI Customers: Approximately 300 customers have chosen NetApp as their AI data storage foundation, indicating the company's appeal in the AI market, particularly with the strong early momentum of its new AFX and AI Data Engine (AIDE).
  • Record All-Flash Array Revenue: All-flash array revenue reached $1 billion, growing 11% year-over-year, while Keystone's storage-as-a-service revenue saw a remarkable 65% increase, further solidifying NetApp's leadership in the storage market.
  • Optimistic Outlook: The CFO projected total revenue for fiscal year 2026 to be between $6.772 billion and $6.922 billion, reflecting an 8% year-over-year growth, showcasing the company's confidence in future growth, especially with ongoing investments in AI and cloud services.
Yahoo Finance
9.5
02-26Yahoo Finance
NetApp Reports Strong Q3 Results with Record Earnings
  • Revenue Growth: NetApp's net revenues for Q3 reached $1.71 billion, reflecting a 4% year-over-year increase, indicating robust market performance that is likely to bolster investor confidence moving forward.
  • Profitability Improvement: The company reported GAAP earnings per share of $1.67 and record non-GAAP earnings per share of $2.12, showcasing successful cost control and operational efficiency, which may attract more institutional investors.
  • Strong Cloud Performance: Public Cloud revenue stood at $174 million, driven by a 27% year-over-year growth, highlighting NetApp's increasing competitiveness in the cloud storage market and aiding its expansion in the rapidly growing cloud computing sector.
  • Shareholder Returns: In Q3, the company returned $303 million to shareholders through share repurchases and cash dividends, demonstrating strong cash flow and commitment to shareholders, which could enhance market expectations for its long-term value.
NASDAQ.COM
9.5
02-26NASDAQ.COM
NetApp to Host Q3 2026 Earnings Call on February 26, 2026
  • Earnings Call Scheduled: NetApp Inc. will host a conference call on February 26, 2026, at 5:30 PM ET to discuss its Q3 2026 earnings results, which is expected to provide detailed insights into the company's performance, aiding investors in assessing future prospects.
  • Live Webcast Access: Investors can access the live webcast of the earnings call by logging onto NetApp's investor relations website, ensuring broad participation and transparency, thereby enhancing communication with shareholders.
  • Market Reaction Anticipation: This earnings call is poised to deliver critical financial data and management insights, which could influence NetApp's stock price movement, especially given the market's high expectations for its performance.
  • Strategic Communication: Through this call, NetApp will have the opportunity to articulate its future strategic direction and market positioning, further bolstering investor confidence in its long-term growth potential.
Barron's
2.0
02-26Barron's
Stock Market Movers: Nvidia, Sandisk, Salesforce, C3.ai, IonQ, Nutanix, and Others
  • Stock Market Trends: Stock futures were declining on Thursday, indicating a downturn in the market.
  • Nvidia's Earnings Impact: Nvidia's strong fourth-quarter earnings report was not enough to maintain the recent rebound in the tech sector.
Wall Street analysts forecast NTAP stock price to rise
19 Analyst Rating
Wall Street analysts forecast NTAP stock price to rise
6 Buy
13 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
110.00
Averages
124.21
High
137.00
Current: 0.000
sliders
Low
110.00
Averages
124.21
High
137.00
Citi
Neutral
maintain
$110 -> $114
AI Analysis
2026-03-02
Reason
Citi
Price Target
$110 -> $114
AI Analysis
2026-03-02
maintain
Neutral
Reason
Citi raised the firm's price target on NetApp to $114 from $110 and keeps a Neutral rating on the shares.
UBS
David Vogt
Neutral
downgrade
$120 -> $113
2026-02-27
Reason
UBS
David Vogt
Price Target
$120 -> $113
2026-02-27
downgrade
Neutral
Reason
UBS analyst David Vogt lowered the firm's price target on NetApp to $113 from $120 and keeps a Neutral rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NTAP
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Valuation Metrics

The current forward P/E ratio for NetApp Inc (NTAP.O) is 12.80, compared to its 5-year average forward P/E of 14.40. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
14.40
Current PE
12.80
Overvalued PE
16.62
Undervalued PE
12.18

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
9.75
Current EV/EBITDA
9.00
Overvalued EV/EBITDA
11.14
Undervalued EV/EBITDA
8.36

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.92
Current PS
3.04
Overvalued PS
3.44
Undervalued PS
2.40

Financials

AI Analysis
Annual
Quarterly

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Whales Holding NTAP

P
PRIMECAP Management Company
Holding
NTAP
+13.64%
3M Return
G
Gotham Asset Management, LLC
Holding
NTAP
+7.72%
3M Return
W
WEDGE Capital Management LLP
Holding
NTAP
+6.46%
3M Return
M
Moran Wealth Management, LLC
Holding
NTAP
+5.34%
3M Return
B
Beutel Goodman & Company Ltd.
Holding
NTAP
+2.17%
3M Return
G
GHP Investment Advisors, Inc.
Holding
NTAP
+1.78%
3M Return

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Frequently Asked Questions

What is NetApp Inc (NTAP) stock price today?

The current price of NTAP is 97.58 USD — it has increased 0.69

What is NetApp Inc (NTAP)'s business?

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.

What is the price predicton of NTAP Stock?

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 is124.21 USD with a low forecast of 110.00 USD and a high forecast of 137.00 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.

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

NetApp Inc revenue for the last quarter amounts to 1.71B USD, increased 4.39

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

NetApp Inc. EPS for the last quarter amounts to 1.67 USD, increased 15.97

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

NetApp Inc (NTAP) has 11700 emplpoyees as of March 12 2026.

What is NetApp Inc (NTAP) market cap?

Today NTAP has the market capitalization of 19.26B USD.