S&P 500   3,845.39 (-0.20%)
DOW   31,053.37 (-0.39%)
QQQ   325.84 (-0.16%)
AAPL   138.37 (+1.10%)
MSFT   227.55 (+1.15%)
FB   275.93 (+1.12%)
GOOGL   1,900.85 (+0.89%)
AMZN   3,297.00 (-0.30%)
TSLA   838.86 (-0.73%)
NVDA   552.00 (-0.49%)
BABA   259.81 (-0.07%)
CGC   33.44 (-0.36%)
GE   11.15 (+0.72%)
MU   82.32 (-3.16%)
AMD   92.26 (+0.80%)
NIO   61.53 (+5.47%)
T   28.85 (+0.07%)
F   11.43 (-0.87%)
ACB   10.61 (-5.01%)
BA   205.44 (-0.95%)
DIS   172.46 (+0.69%)
NFLX   569.76 (-1.74%)
GILD   67.27 (+0.43%)
S&P 500   3,845.39 (-0.20%)
DOW   31,053.37 (-0.39%)
QQQ   325.84 (-0.16%)
AAPL   138.37 (+1.10%)
MSFT   227.55 (+1.15%)
FB   275.93 (+1.12%)
GOOGL   1,900.85 (+0.89%)
AMZN   3,297.00 (-0.30%)
TSLA   838.86 (-0.73%)
NVDA   552.00 (-0.49%)
BABA   259.81 (-0.07%)
CGC   33.44 (-0.36%)
GE   11.15 (+0.72%)
MU   82.32 (-3.16%)
AMD   92.26 (+0.80%)
NIO   61.53 (+5.47%)
T   28.85 (+0.07%)
F   11.43 (-0.87%)
ACB   10.61 (-5.01%)
BA   205.44 (-0.95%)
DIS   172.46 (+0.69%)
NFLX   569.76 (-1.74%)
GILD   67.27 (+0.43%)
S&P 500   3,845.39 (-0.20%)
DOW   31,053.37 (-0.39%)
QQQ   325.84 (-0.16%)
AAPL   138.37 (+1.10%)
MSFT   227.55 (+1.15%)
FB   275.93 (+1.12%)
GOOGL   1,900.85 (+0.89%)
AMZN   3,297.00 (-0.30%)
TSLA   838.86 (-0.73%)
NVDA   552.00 (-0.49%)
BABA   259.81 (-0.07%)
CGC   33.44 (-0.36%)
GE   11.15 (+0.72%)
MU   82.32 (-3.16%)
AMD   92.26 (+0.80%)
NIO   61.53 (+5.47%)
T   28.85 (+0.07%)
F   11.43 (-0.87%)
ACB   10.61 (-5.01%)
BA   205.44 (-0.95%)
DIS   172.46 (+0.69%)
NFLX   569.76 (-1.74%)
GILD   67.27 (+0.43%)
S&P 500   3,845.39 (-0.20%)
DOW   31,053.37 (-0.39%)
QQQ   325.84 (-0.16%)
AAPL   138.37 (+1.10%)
MSFT   227.55 (+1.15%)
FB   275.93 (+1.12%)
GOOGL   1,900.85 (+0.89%)
AMZN   3,297.00 (-0.30%)
TSLA   838.86 (-0.73%)
NVDA   552.00 (-0.49%)
BABA   259.81 (-0.07%)
CGC   33.44 (-0.36%)
GE   11.15 (+0.72%)
MU   82.32 (-3.16%)
AMD   92.26 (+0.80%)
NIO   61.53 (+5.47%)
T   28.85 (+0.07%)
F   11.43 (-0.87%)
ACB   10.61 (-5.01%)
BA   205.44 (-0.95%)
DIS   172.46 (+0.69%)
NFLX   569.76 (-1.74%)
GILD   67.27 (+0.43%)
Log in
NASDAQ:NTAP

NetApp Stock Forecast, Price & News

$64.56
-0.41 (-0.63 %)
(As of 01/22/2021 02:19 PM ET)
Add
Compare
Today's Range
$63.41
Now: $64.56
$64.59
50-Day Range
$58.49
MA: $64.11
$66.24
52-Week Range
$34.66
Now: $64.56
$67.63
Volume35,845 shs
Average Volume1.62 million shs
Market Capitalization$14.42 billion
P/E Ratio21.17
Dividend Yield2.98%
Beta1.35
NetApp, Inc. provides software, systems, and services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud data services, including NetApp Cloud Volumes Service for AWS, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Global File Cache, NetApp SaaS Backup, NetApp Cloud Manager, NetApp Fabric Orchestrator, and NetApp Cloud Insights. It also provides hybrid cloud solutions, such as NetApp ONTAP Storage Operating System, NetApp AFF A-series, NetApp AFF C190, NetApp FAS Series, FlexPod, NetApp ONTAP Select, NetApp MAX Data, NetApp Data Availability Services, NetApp SnapCenter Backup Management Software, NetApp SnapMirror Data Replication Software, NetApp SnapLock Data Compliance Software, NetApp StorageGRID Object Storage Software, NetApp Element Operating System, NetApp SolidFire, NetApp HCI, NetApp SANtricity Storage Operating System, NetApp EF-Series, NetApp E-Series, NetApp Active IQ Predictive Analytics and Support, NetApp OnCommand Insight, and NetApp OnCommand Workflow Automation. Further, it provides software maintenance, hardware maintenance, and other services, including professional services, global support solutions, and customer education and training. It serves the energy, financial services, government, high technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners. NetApp has strategic partnership with Fujitsu for data management infrastructure. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.
NetApp logo

MarketRank

Overall MarketRank

2.44 out of 5 stars

Computer And Technology Sector

8th out of 1,506 stocks

Computer Storage Devices Industry

2nd out of 7 stocks

Analyst Opinion: 2.2Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Computer storage devices
Sub-IndustryComputer Storage & Peripherals
Current SymbolNASDAQ:NTAP
CUSIP64110D10
Phone408-822-6000
Employees10,800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.41 billion
Cash Flow$4.55 per share
Book Value$1.09 per share

Profitability

Net Income$819 million

Miscellaneous

Market Cap$14.42 billion
Next Earnings Date2/10/2021 (Estimated)
OptionableOptionable
$64.56
-0.41 (-0.63 %)
(As of 01/22/2021 02:19 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive NTAP News and Ratings via Email

Sign-up to receive the latest news and ratings for NTAP and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











NetApp (NASDAQ:NTAP) Frequently Asked Questions

How has NetApp's stock price been impacted by Coronavirus?

NetApp's stock was trading at $40.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NTAP shares have increased by 58.5% and is now trading at $64.13.
View which stocks have been most impacted by COVID-19
.

Is NetApp a buy right now?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NetApp in the last year. There are currently 1 sell rating, 14 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NetApp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NTAP, but not buy additional shares or sell existing shares.
View analyst ratings for NetApp
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than NetApp?

Wall Street analysts have given NetApp a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but NetApp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as NetApp's CEO?

1,448 employees have rated NetApp CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among NetApp's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is NetApp's next earnings date?

NetApp is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for NetApp
.

How were NetApp's earnings last quarter?

NetApp, Inc. (NASDAQ:NTAP) released its earnings results on Monday, November, 30th. The data storage provider reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.73 by $0.32. The data storage provider had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.31 billion. NetApp had a net margin of 12.44% and a return on equity of 263.77%. The business's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.09 EPS.
View NetApp's earnings history
.

How often does NetApp pay dividends? What is the dividend yield for NetApp?

NetApp declared a quarterly dividend on Tuesday, December 1st. Investors of record on Friday, January 8th will be paid a dividend of $0.48 per share on Wednesday, January 27th. This represents a $1.92 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date is Thursday, January 7th.
View NetApp's dividend history
.

Is NetApp a good dividend stock?

NetApp pays an annual dividend of $1.92 per share and currently has a dividend yield of 2.98%. The dividend payout ratio of NetApp is 54.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NetApp will have a dividend payout ratio of 48.73% next year. This indicates that NetApp will be able to sustain or increase its dividend.
View NetApp's dividend history.

What guidance has NetApp issued on next quarter's earnings?

NetApp updated its third quarter earnings guidance on Tuesday, December, 1st. The company provided earnings per share guidance of $0.94-1.02 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.91. The company issued revenue guidance of $1.34-1.49 billion, compared to the consensus revenue estimate of $1.37 billion.

What price target have analysts set for NTAP?

24 brokers have issued 12 month price targets for NetApp's shares. Their forecasts range from $39.00 to $76.00. On average, they expect NetApp's share price to reach $58.68 in the next twelve months. This suggests that the stock has a possible downside of 8.5%.
View analysts' price targets for NetApp
or view Wall Street analyst' top-rated stocks.

Who are some of NetApp's key competitors?

What other stocks do shareholders of NetApp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NetApp investors own include NVIDIA (NVDA), Intel (INTC), QUALCOMM (QCOM), Alibaba Group (BABA), Cisco Systems (CSCO), Netflix (NFLX), Micron Technology (MU), salesforce.com (CRM), Adobe (ADBE) and Tesla (TSLA).

Who are NetApp's key executives?

NetApp's management team includes the following people:
  • Mr. George Kurian, CEO, Pres & Director (Age 54, Pay $960k)
  • Mr. Michael J. Berry, Exec. VP, CFO & Principal Accounting Officer (Age 58, Pay $144.92k)
  • Mr. Matthew K. Fawcett, Sr. VP, Chief Compliance Officer, Gen. Counsel & Sec. (Age 53, Pay $556.88k)
  • Mr. Bradley R. Anderson, Exec. VP and GM Hybrid Cloud Services & NetApp Foundational Data Services Bus. Unit (Age 62, Pay $552.27k)
  • Mr. Cesar Cernuda Rego, Pres
  • Mr. Jeffrey K. Bergmann, VP of Corp. Fin.
  • Mr. William H. Miller Jr., Sr. VP & Chief Information Officer
  • Ms. Kris Newton, VP of Corp. Communications & Investor Relations
  • Mr. James D. Whitemore, Sr. VP & Chief Marketing Officer (Age 56)
  • Ms. Debra Charlotte McCowan, Sr. VP & Chief HR Officer (Age 49)

What is NetApp's stock symbol?

NetApp trades on the NASDAQ under the ticker symbol "NTAP."

Who are NetApp's major shareholders?

NetApp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (0.12%), Crossmark Global Holdings Inc. (0.09%), Hexavest Inc. (0.08%), State of Alaska Department of Revenue (0.08%), Greylin Investment Mangement Inc. (0.05%) and CHURCHILL MANAGEMENT Corp (0.05%). Company insiders that own NetApp stock include Gerald Held, Henri P Richard, Joel D Reich, Matthew K Fawcett, Michael J Berry, Ronald J Pasek, Scott R Allen and Thomas Michael Nevens.
View institutional ownership trends for NetApp
.

Which major investors are selling NetApp stock?

NTAP stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Exchange Traded Concepts LLC, CHURCHILL MANAGEMENT Corp, State of Alaska Department of Revenue, Crossmark Global Holdings Inc., Fruth Investment Management, Pacer Advisors Inc., and Access Financial Services Inc..
View insider buying and selling activity for NetApp
or view top insider-selling stocks.

Which major investors are buying NetApp stock?

NTAP stock was bought by a variety of institutional investors in the last quarter, including Legato Capital Management LLC, Prairiewood Capital LLC, Greylin Investment Mangement Inc., OLD National Bancorp IN, Park Avenue Securities LLC, Bennicas & Associates Inc., Brookstone Capital Management, and Welch & Forbes LLC.
View insider buying and selling activity for NetApp
or or view top insider-buying stocks.

How do I buy shares of NetApp?

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

What is NetApp's stock price today?

One share of NTAP stock can currently be purchased for approximately $64.13.

How big of a company is NetApp?

NetApp has a market capitalization of $14.33 billion and generates $5.41 billion in revenue each year. The data storage provider earns $819 million in net income (profit) each year or $3.53 on an earnings per share basis. NetApp employs 10,800 workers across the globe.

What is NetApp's official website?

The official website for NetApp is www.netapp.com.

How can I contact NetApp?

NetApp's mailing address is 1395 CROSSMAN AVENUE, SUNNYVALE CA, 94089. The data storage provider can be reached via phone at 408-822-6000 or via email at [email protected]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.