NetApp (NTAP) Stock Price, News & Analysis

Company Overview

NetApp, Inc. develops intelligent data infrastructure and data management solutions for enterprises, service providers, and government organizations. The company helps customers store, manage, protect, and access data across on-premises environments, private clouds, public clouds, and hybrid multicloud infrastructures.

Its portfolio includes enterprise storage systems, all-flash arrays, cloud-connected storage, object storage, and data management software. NetApp’s offerings include the ONTAP data management operating system, AFF and ASA storage systems, StorageGRID object storage, and BlueXP, a platform designed to help customers manage data and storage resources across multiple environments. The company also provides cloud storage and data services through relationships with major cloud providers.

Founded in 1992, NetApp is headquartered in San Jose, California, and serves customers worldwide through direct sales, channel partners, and technology alliances. George Kurian has served as the company’s chief executive officer since 2015.

Key Stats

• Today's Range: $218.29 to $230.00
• 50-Day Range: $173.23 to $226.27
• 52-Week Range: $93.69 to $231.90
• Volume: 3.37 million shs
• Average Volume: 2.40 million shs
• Market Capitalization: $43.95 billion
• P/E Ratio: 31.56
• Dividend Yield: 0.93%
• Price Target: $199.20
• Consensus Rating: Moderate Buy

NetApp Stock Analysis - MarketRank™

NetApp scored higher than 80% of companies evaluated by MarketBeat, and ranked 147th out of 597 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NetApp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, 7 buy ratings, 10 hold ratings, and no sell ratings.

Downside Risk

NetApp has a consensus price target of $199.20, representing about 11.0% downside from its current price of $223.77.

Amount of Analyst Coverage

NetApp has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.25%

Earnings Growth

Earnings for NetApp are expected to grow by 9.25% in the coming year, from $8.32 to $9.09 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NetApp is 31.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of NetApp is 31.56, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 82.03.

Price to Earnings Growth Ratio

NetApp has a PEG Ratio of 2.43. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NetApp has a P/B Ratio of 32.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.18% of the float of NetApp has been sold short.

Short Interest Ratio / Days to Cover

NetApp has a short interest ratio ("days to cover") of 3.64, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NetApp has recently decreased by 5.57%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

NetApp has a dividend yield of 0.97%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

NetApp has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of NetApp is 29.34%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, NetApp will have a dividend payout ratio of 22.88% next year. This indicates that NetApp will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 0.66

News Sentiment

NetApp has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 42 news articles for NetApp this week, compared to 9 articles on an average week.

Search Interest

43 people have searched for NTAP on MarketBeat in the last 30 days. This is an increase of 87% compared to the previous 30 days.

MarketBeat Follows

12 people have added NetApp to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NetApp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $33,869,476.00 in company stock.

Percentage Held by Insiders

0.36% of the stock of NetApp is held by insiders.

Percentage Held by Institutions

92.17% of the stock of NetApp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/29 Dividend: 7/10/2026
• Ex-Dividend for 7/29 Dividend: 7/10/2026
• Dividend Payable: 7/29/2026
• Last Earnings: 9/02/2026
• Today: 10/06/2026
• Record date for 10/28 Dividend: 10/09/2026
• Ex-Dividend for 10/28 Dividend: 10/09/2026
• Dividend Payable: 10/28/2026
• Next Earnings (Estimated): 12/01/2026
• Fiscal Year End: 4/30/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Technology Hardware, Storage & Peripherals
• Sub-Industry: Technology Hardware, Storage & Peripherals
• Current Symbol: NASDAQ:NTAP
• CIK: 1002047
• Web: www.netapp.com
• Phone: (408) 822-6000
• Fax: 408-822-4501
• Employees: 11,700
• Year Founded: 1992

Price Target and Rating

• Average Price Target for NetApp: $199.20
• High Price Target: $260.00
• Low Price Target: $150.00
• Potential Upside/Downside: -11.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 18 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.09
• Trailing P/E Ratio: 31.56
• Forward P/E Ratio: 26.90
• P/E Growth: 2.43
• Net Income: $1.28 billion
• Net Margins: 19.18%
• Pretax Margin: 24.73%
• Return on Equity: 119.13%
• Return on Assets: 14.39%

Debt

• Debt-to-Equity Ratio: 1.30
• Current Ratio: 1.24
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: $7.39 billion
• Price / Sales: 5.95
• Cash Flow: $7.57 per share
• Price / Cash Flow: 29.57
• Book Value: $6.90 per share
• Price / Book: 32.43

Miscellaneous

• Outstanding Shares: 196,419,000
• Free Float: 195,712,000
• Market Cap: $43.95 billion
• Optionable: Optionable
• Beta: 1.46