NetApp Inc (NTAP)

Currency in USD
108.40
-2.62(-2.36%)
Closed·
109.91+1.51(+1.39%)
·
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Fair Value
Day's Range
106.64110.87
52 wk Range
86.70126.66
Key Statistics
Prev. Close
108.4
Open
109.63
Day's Range
106.64-110.87
52 wk Range
86.7-126.66
Volume
2.45M
Average Volume (3m)
2.36M
1-Year Change
30.7964%
Book Value / Share
5.85
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
117.13
Upside
+8.06%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high P/E ratio relative to near-term earnings growth

NetApp Inc News & Analysis

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Technical Analysis

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

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 All-Flash FAS (AFF A-Series), NetApp All-Flash FAS with capacity flash (AFF C-Series), NetApp All-Flash SAN Array (ASA A-Series & C-Series), NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp BlueXP, BlueXP Copy and Sync, BlueXP Backup and Recovery, BlueXP Classification, and BlueXP Ransomware Protection. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services offerings 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. 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 leading 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.

NetApp Inc Earnings Call Summary for Q3/2026

  • NetApp Q3 FY2026 EPS of $2.12 beat estimates of $2.07; revenue of $1.71B topped forecast of $1.70B, driving 3.06% after-hours stock gain.
  • Revenue grew 4% YoY (6% excluding Spot divestiture); All Flash Array hit record revenue, up 11% YoY with operating margin reaching 31.1%.
  • Q4 FY2026 guidance projects EPS of $2.27; company expects continued growth in AI and cloud segments through new product launches and partnerships.
  • Management emphasizes strategic focus on high-margin AI and cloud services while maintaining aggressive share buybacks and 14-year dividend streak.
  • Key risks include memory price inflation, intense cloud/AI competition, macroeconomic pressures, and potential regulatory compliance costs.
Last Updated: 27/02/2026, 00:00
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Compare NTAP to Peers and Sector

Metrics to compare
NTAP
Peers
Sector
Relationship
P/E Ratio
17.6x35.4x13.0x
PEG Ratio
1.680.860.01
Price/Book
18.5x4.2x2.4x
Price / LTM Sales
3.2x2.9x2.4x
Upside (Analyst Target)
6.1%12.1%22.0%
Fair Value Upside
Unlock26.3%3.0%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 117.13
(+8.06% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Hold110.00+1.48%125.00Downgrade16/04/2026
UBS
Hold113.00+4.24%120.00Maintain27/02/2026
Barclays
Buy120.00+10.70%134.00Maintain27/02/2026
Citi
Hold114.00+5.17%110.00Maintain27/02/2026
Morgan Stanley
Sell89.00-17.90%117.00Downgrade20/01/2026

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.97%
Dividend Yield
1.86%
Industry Median 0.53%
Annualised payout
2.08
Paid quarterly
5-Years Growth
+1.61%
Growth Streak

Earnings

Latest Release
26/02/2026
EPS / Forecast
2.12 / 2.07
Revenue / Forecast
1.71B / 1.7B
EPS Revisions
Last 90 days

NetApp (NTAP) Income Statement & Profits

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FAQ

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

The NetApp stock price today is 108.40 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 1.92%.

What Is the Current NetApp Market Capitalisation?

As of today, NetApp (NASDAQ: NTAP) market cap is 21.39B USD.

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

The NetApp EPS is currently 5.97 (Trailing Twelve Months).

When Is the Next NetApp Earnings Date?

NetApp's next earnings report will be released on 28/05/2026.

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 Strong Buy.

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 24/04/2026, NetApp (NTAP) is trading at a share price of 108.40 USD, with a previous close of 108.40 USD. The stock has fluctuated within a day range of 106.64 USD to 110.87 USD, while its 52-week range spans from 86.70 USD to 126.66 USD.

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

The average 12-month price target for NetApp is 117.13 USD, with a high estimate of 137 USD and a low estimate of 88 USD. 8 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +8.06% Upside potential.

What Is the NTAP Premarket Price?

NTAP's last pre-market stock price is 109.91 USD. The pre-market share volume is 360.00, and the stock has decreased by 1.51, or 1.39%.

What Is the NTAP After Hours Price?

NTAP's last after hours stock price is 111.00 USD, the stock has decreased by 2.60, or 2.40%.

Industry Spotlight

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