NetApp Inc (NTAP)

Currency in USD
161.16
-2.72(-1.66%)
Closed·
161.00-0.16(-0.10%)
·
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Fair Value
Day's Range
160.81165.00
52 wk Range
93.69192.83
Key Statistics
Prev. Close
163.88
Open
163.79
Day's Range
160.81-165
52 wk Range
93.69-192.83
Volume
1.89M
Average Volume (3m)
3.23M
1-Year Change
49.9721%
Book Value / Share
6.85
Fair Value
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Fair Value Upside
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NTAP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
177.25
Upside
+9.98%
Members' Sentiments
Bearish
Bullish
ProTips
Management has been aggressively buying back shares

NetApp Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

8 Buy
11 Hold
1 Sell
Ratings:
20 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 177.25
(+9.98% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Argus
Buy200.00+24.10%130.00Maintain01/06/2026
Barclays
Buy199.00+23.48%120.00Maintain01/06/2026
UBS
Hold160.00-0.72%113.00Maintain29/05/2026
Susquehanna
Hold185.00+14.79%110.00Maintain29/05/2026
Barclays
Buy199.00+23.48%120.00Maintain29/05/2026

NetApp Inc Earnings Call Summary for Q4/2026

  • NetApp Q4 FY2026 EPS of $2.43 beat estimates of $2.27; revenue hit $1.95B vs. $1.87B forecast, up 12% YoY with record 32% operating margins.
  • Stock declined 1.92% in aftermarket to $140 despite earnings beat, potentially due to overbought conditions near 52-week high and overvaluation concerns.
  • Hybrid and public cloud revenues posted double-digit YoY growth, marking 10th consecutive quarter of revenue expansion driven by AI and cloud strategy.
  • FY2027 guidance projects EPS between $8.13-$8.56; CEO Kurian emphasized commitment to hybrid cloud strategy and operational excellence.
  • Key risks include rising component costs pressuring margins, inventory expansion signaling potential demand shifts, and macroeconomic uncertainty affecting IT spending.
Last Updated: 29/05/2026, 00:06
Read Full Transcript

Earnings

Latest Release
28/05/2026
EPS / Forecast
2.43 / 2.27
Revenue / Forecast
1.95B / 1.87B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 6.35%
Dividend Yield
1.30%
Industry Median 0.41%
Annualised payout
2.08
Paid quarterly
5-Years Growth
+1.61%
Growth Streak

NetApp (NTAP) Income Statement & Profits

Compare NTAP to Peers and Sector

Metrics to compare
NTAP
Peers
Sector
Relationship
P/E Ratio
24.7x30.5x12.3x
PEG Ratio
2.080.220.01
Price/Book
23.4x4.4x2.4x
Price / LTM Sales
4.6x3.6x2.2x
Upside (Analyst Target)
10.6%25.7%39.2%
Fair Value Upside
Unlock−5.8%10.8%Unlock

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 through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
111.61M56.97%18.29B
Other Institutional Investors
94.54M43.03%15.49B
Public Companies & Retail Investors
0.000.00%0.00
Total
206.16M100.00%33.79B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.10.16%19,907,8273,262,495
Vanguard Portfolio Management, LLC6.46%12,652,3452,073,466

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FAQ

What Is the NetApp (NASDAQ: NTAP) Share Price Today?

The NetApp stock price today is 161.16 USD.

What Stock Exchange Does NetApp (NTAP) Trade On?

NetApp is listed and trades on the Nasdaq Stock Exchange.

What Is the Ticker (Stock Symbol) for NetApp?

The stock symbol (also called a 'ticker') for NetApp is "NTAP."

Does NetApp Pay Dividends? What’s The Current NTAP Dividend Yield?

Yes, NTAP Pays Dividends to its Shareholders. The current NetApp dividend yield is 1.3%.

What Is the Current NetApp Market Capitalisation?

As of today, NetApp (NASDAQ: NTAP) market cap is 31.57B USD.

What Is NetApp's (NTAP) Earnings Per Share (TTM)?

The NetApp EPS is currently 6.35 (Trailing Twelve Months).

When Is the Next NetApp Earnings Date?

NetApp's next earnings report will be released on 02/09/2026.

Is NTAP a Buy or Sell From a Technical Analyst Perspective?

Based on today's NetApp moving averages and other technical indicators, the daily buy/sell signal for NTAP stock is Neutral.

How Many Times Has NetApp Stock Split?

NetApp has split 4 times. (See the NTAP stock split history page for full effective split date and price information.)

How Many Employees Does NetApp Have?

NetApp has 11700 employees, based on their latest Companies House report.

What is the current trading status of NetApp (NASDAQ: NTAP)?

As of 21/07/2026, NetApp (NTAP) is trading at a share price of 161.16 USD, with a previous close of 163.88 USD. The stock has fluctuated within a day range of 160.81 USD to 165.00 USD, while its 52-week range spans from 93.69 USD to 192.83 USD.

What Is NetApp (NTAP) Price Target According to Analysts?

The average 12-month price target for NetApp is 177.25 USD, with a high estimate of 200 USD and a low estimate of 137 USD. 8 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +9.98% Upside potential.

What Is the NTAP Premarket Price?

NTAP's last pre-market stock price is 164.00 USD. The pre-market share volume is 960.00, and the stock has decreased by 0.12, or 0.07%.

What Is the NTAP After Hours Price?

NTAP's last after hours stock price is 161.00 USD, the stock has decreased by -0.16, or -0.10%.
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