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NASDAQ:NTAP

NetApp (NTAP) Stock Price, News & Analysis

NetApp logo
$124.12 -0.97 (-0.78%)
As of 02:28 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About NetApp Stock (NASDAQ:NTAP)

Key Stats

Today's Range
$123.81
$125.26
50-Day Range
$101.10
$125.09
52-Week Range
$71.84
$135.45
Volume
622,972 shs
Average Volume
2.05 million shs
Market Capitalization
$24.78 billion
P/E Ratio
21.89
Dividend Yield
1.68%
Price Target
$124.07
Consensus Rating
Hold

Company Overview

NetApp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
84th Percentile Overall Score

NTAP MarketRank™: 

NetApp scored higher than 84% of companies evaluated by MarketBeat, and ranked 156th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    NetApp has received a consensus rating of Hold. The company's average rating score is 2.41, and is based on 7 buy ratings, 10 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for NetApp is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    NetApp has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about NetApp's stock forecast and price target.
  • Earnings Growth

    Earnings for NetApp are expected to grow by 9.17% in the coming year, from $5.89 to $6.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NetApp is 21.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.41.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of NetApp is 21.91, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 437.91.

  • Price to Earnings Growth Ratio

    NetApp has a PEG Ratio of 2.68. 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 25.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about NetApp's valuation and earnings.
  • Percentage of Shares Shorted

    5.09% 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 5.3.
  • Change versus previous month

    Short interest in NetApp has recently increased by 2.54%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    NetApp pays a meaningful dividend of 1.68%, higher than 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 36.75%. 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 32.35% next year. This indicates that NetApp will be able to sustain or increase its dividend.

  • Read more about NetApp's dividend.
  • Percentage of Shares Shorted

    5.09% 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 5.3.
  • Change versus previous month

    Short interest in NetApp has recently increased by 2.54%, indicating that investor sentiment is decreasing.
  • News Sentiment

    NetApp has a news sentiment score of 1.22. 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 0.89 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 34 news articles for NetApp this week, compared to 30 articles on an average week.
  • Search Interest

    9 people have searched for NTAP on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added NetApp to their MarketBeat watchlist in the last 30 days. This is an increase of 325% compared to the previous 30 days.
  • 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 $2,921,775.00 in company stock.

  • Percentage Held by Insiders

    Only 0.28% 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.

  • Read more about NetApp's insider trading history.
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NTAP Stock News Headlines

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Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.tc pixel
NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.52
See More Headlines

NTAP Stock Analysis - Frequently Asked Questions

NetApp's stock was trading at $116.08 at the beginning of the year. Since then, NTAP shares have increased by 6.8% and is now trading at $123.95.

NetApp, Inc. (NASDAQ:NTAP) issued its quarterly earnings results on Thursday, May, 29th. The data storage provider reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.03. NetApp's revenue for the quarter was up 3.8% compared to the same quarter last year.
Read the conference call transcript
.

NetApp's Board of Directors initiated a share buyback plan on Thursday, May 30th 2024, which authorizes the company to buy back $1,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

The following companies are subsidiaries of NetApp: Fylamynt, CloudCheckr, Data Mechanics Inc., Spot, CloudJumper, Talon Storage, Cognigo, and others.

NetApp's top institutional investors include Vanguard Group Inc. (13.84%), Primecap Management Co. CA (5.57%), State Street Corp (5.20%) and Geode Capital Management LLC (3.55%). Insiders that own company stock include George Kurian, Elizabeth M O'callahan, Gerald Held, Cesar Cernuda, Thomas Michael Nevens, Anders Gustafsson, Lorenzo Daniel De, Robert Parks and Carrie Palin.
View institutional ownership trends
.

Shares of NTAP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that NetApp investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Verizon Communications (VZ).

Company Calendar

Last Earnings
5/29/2025
Record date for 7/23 Dividend
7/03/2025
Ex-Dividend for 7/23 Dividend
7/03/2025
Dividend Payable
7/23/2025
Today
9/12/2025
Record date for 10/22 Dividend
10/03/2025
Ex-Dividend for 10/22 Dividend
10/03/2025
Dividend Payable
10/22/2025
Next Earnings (Estimated)
11/20/2025
Fiscal Year End
4/30/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
COMP - STORAGE DE
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:NTAP
CIK
1002047
Employees
11,700
Year Founded
1992

Price Target and Rating

High Price Target
$150.00
Low Price Target
$100.00
Potential Upside/Downside
-0.6%
Consensus Rating
Hold
Rating Score (0-4)
2.41
Research Coverage
17 Analysts

Profitability

EPS (Trailing Twelve Months)
$5.66
Trailing P/E Ratio
22.05
Forward P/E Ratio
21.18
P/E Growth
2.68
Net Income
$1.19 billion
Net Margins
17.77%
Pretax Margin
21.06%
Return on Equity
123.24%
Return on Assets
12.49%

Debt

Debt-to-Equity Ratio
2.55
Current Ratio
1.31
Quick Ratio
1.28

Sales & Book Value

Annual Sales
$6.57 billion
Price / Sales
3.79
Cash Flow
$7.33 per share
Price / Cash Flow
17.02
Book Value
$4.88 per share
Price / Book
25.57

Miscellaneous

Outstanding Shares
199,620,000
Free Float
199,059,000
Market Cap
$24.91 billion
Optionable
Optionable
Beta
1.46

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This page (NASDAQ:NTAP) was last updated on 9/12/2025 by MarketBeat.com Staff
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