NetApp (NTAP) Stock Price, News & Analysis

Company Overview

NetApp, Inc. (NASDAQ: NTAP) is a data infrastructure and cloud storage company that helps organizations manage, protect and access data across on-premises environments, private clouds and public clouds. Its offerings are designed to support enterprise workloads such as databases, business applications, artificial intelligence and virtualized computing.

The company’s portfolio includes all-flash and hybrid storage systems, cloud storage services, data management software and infrastructure-as-a-service solutions. NetApp’s ONTAP operating system supports storage management and data protection, while its BlueXP platform helps customers administer data and storage across hybrid and multicloud environments. The company also provides storage-as-a-service through NetApp Keystone, along with professional and technical support services.

Founded in 1992, NetApp serves businesses, government organizations and other institutions globally through direct sales, channel partners and cloud-provider relationships. The company is headquartered in San Jose, California, and is led by Chief Executive Officer George Kurian.

Key Stats

• Today's Range: $186.13 to $194.44
• 50-Day Range: $159.69 to $207.08
• 52-Week Range: $93.69 to $209.06
• Volume: 1.92 million shs
• Average Volume: 2.69 million shs
• Market Capitalization: $37.61 billion
• P/E Ratio: 27.01
• Dividend Yield: 1.09%
• Price Target: $193.86
• Consensus Rating: Hold

NetApp Stock Analysis - MarketRank™

NetApp scored higher than 69% of companies evaluated by MarketBeat, and ranked 243rd out of 600 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: Hold

Consensus Rating

NetApp has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 1 strong buy rating, 6 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 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.41%

Earnings Growth

Earnings for NetApp are expected to grow by 8.41% in the coming year, from $8.32 to $9.02 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NetApp is 27.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of NetApp is 27.30, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 76.91.

Price to Earnings Growth Ratio

NetApp has a PEG Ratio of 2.03. 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 25.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.49% 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 5.1.

Change versus previous month

Short interest in NetApp has recently increased by 0.39%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

NetApp pays a meaningful dividend of 1.10%, 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 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 23.06% next year. This indicates that NetApp will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.4 / 5
• News Sentiment: 1.00

News Sentiment

NetApp has a news sentiment score of 1.00. 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 0.78 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 34 news articles for NetApp this week, compared to 9 articles on an average week.

Search Interest

29 people have searched for NTAP on MarketBeat in the last 30 days. This is an increase of 222% compared to the previous 30 days.

MarketBeat Follows

9 people have added NetApp to their MarketBeat watchlist in the last 30 days. This is an increase of 80% 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 $9,900,328.00 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: 9/16/2026
• NetApp INSIGHT 2026: 9/29/2026
• 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: $193.86
• High Price Target: $225.00
• Low Price Target: $150.00
• Potential Upside/Downside: +1.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.47
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.09
• Trailing P/E Ratio: 27.01
• Forward P/E Ratio: 23.02
• P/E Growth: 2.03
• 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: $6.93 billion
• Price / Sales: 5.43
• Cash Flow: $7.78 per share
• Price / Cash Flow: 24.60
• Book Value: $7.61 per share
• Price / Book: 25.16

Miscellaneous

• Outstanding Shares: 196,420,000
• Free Float: 195,712,000
• Market Cap: $37.61 billion
• Optionable: Optionable
• Beta: 1.44