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NetApp (NTAP) Competitors

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$104.27 +1.58 (+1.54%)
Closing price 06/23/2025 04:00 PM Eastern
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$104.44 +0.17 (+0.17%)
As of 06/23/2025 07:26 PM Eastern
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NTAP vs. WDC, SYNA, IMMR, IVAC, STX, PSTG, QMCO, NTES, CDNS, and DELL

Should you be buying NetApp stock or one of its competitors? The main competitors of NetApp include Western Digital (WDC), Synaptics (SYNA), Immersion (IMMR), Intevac (IVAC), Seagate Technology (STX), Pure Storage (PSTG), Quantum (QMCO), NetEase (NTES), Cadence Design Systems (CDNS), and Dell Technologies (DELL). These companies are all part of the "computer and technology" sector.

NetApp vs. Its Competitors

Western Digital (NASDAQ:WDC) and NetApp (NASDAQ:NTAP) are both large-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their risk, community ranking, profitability, earnings, institutional ownership, analyst recommendations, valuation, dividends and media sentiment.

Western Digital currently has a consensus price target of $63.79, suggesting a potential upside of 5.65%. NetApp has a consensus price target of $117.79, suggesting a potential upside of 12.96%. Given NetApp's higher probable upside, analysts plainly believe NetApp is more favorable than Western Digital.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Western Digital
0 Sell rating(s)
3 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.86
NetApp
1 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.31

In the previous week, NetApp had 4 more articles in the media than Western Digital. MarketBeat recorded 22 mentions for NetApp and 18 mentions for Western Digital. NetApp's average media sentiment score of 0.92 beat Western Digital's score of 0.43 indicating that NetApp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Western Digital
5 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Neutral
NetApp
10 Very Positive mention(s)
6 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Western Digital pays an annual dividend of $0.40 per share and has a dividend yield of 0.7%. NetApp pays an annual dividend of $2.08 per share and has a dividend yield of 2.0%. Western Digital pays out 7.6% of its earnings in the form of a dividend. NetApp pays out 36.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. NetApp has increased its dividend for 1 consecutive years. NetApp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

92.5% of Western Digital shares are owned by institutional investors. Comparatively, 92.2% of NetApp shares are owned by institutional investors. 0.3% of Western Digital shares are owned by company insiders. Comparatively, 0.5% of NetApp shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

NetApp has a net margin of 18.05% compared to Western Digital's net margin of 13.33%. NetApp's return on equity of 126.96% beat Western Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Western Digital13.33% 20.58% 9.01%
NetApp 18.05%126.96%12.84%

Western Digital received 941 more outperform votes than NetApp when rated by MarketBeat users. Likewise, 73.96% of users gave Western Digital an outperform vote while only 53.32% of users gave NetApp an outperform vote.

CompanyUnderperformOutperform
Western DigitalOutperform Votes
2090
73.96%
Underperform Votes
736
26.04%
NetAppOutperform Votes
1149
53.32%
Underperform Votes
1006
46.68%

Western Digital has a beta of 1.48, suggesting that its share price is 48% more volatile than the S&P 500. Comparatively, NetApp has a beta of 1.42, suggesting that its share price is 42% more volatile than the S&P 500.

NetApp has lower revenue, but higher earnings than Western Digital. Western Digital is trading at a lower price-to-earnings ratio than NetApp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Western Digital$13.00B1.62-$798M$5.2811.44
NetApp$6.57B3.18$1.19B$5.6818.36

Summary

NetApp beats Western Digital on 13 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NTAP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NTAP vs. The Competition

MetricNetAppCOMP IndustryComputer SectorNASDAQ Exchange
Market Cap$20.58B$9.74B$26.48B$8.55B
Dividend Yield2.03%1.35%2.96%4.23%
P/E Ratio18.3635.0534.8519.27
Price / Sales3.182.343,483.51104.77
Price / Cash14.1534.1333.0226.73
Price / Book20.099.626.825.66
Net Income$1.19B$183.90M$778.09M$248.36M
7 Day Performance1.04%3.93%3.26%0.66%
1 Month Performance6.40%5.74%5.78%3.66%
1 Year Performance-17.49%-11.56%52,167.59%14.80%

NetApp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NTAP
NetApp
4.9463 of 5 stars
$104.27
+1.5%
$117.79
+13.0%
-18.3%$20.58B$6.57B18.3611,700Analyst Revision
WDC
Western Digital
4.244 of 5 stars
$57.41
+3.1%
$63.37
+10.4%
-20.3%$20.03B$15.61B13.6765,000
SYNA
Synaptics
3.8282 of 5 stars
$63.71
+3.5%
$93.75
+47.2%
-29.1%$2.46B$1.04B15.061,780Positive News
IMMR
Immersion
3.5953 of 5 stars
$7.90
+3.5%
$12.25
+55.1%
-25.4%$255.93M$163.13M2.8220Positive News
IVAC
Intevac
N/A$4.00
-0.1%
N/A+2.2%$108.54M$63.98M-12.11170
STX
Seagate Technology
4.6412 of 5 stars
$131.04
+3.0%
$119.42
-8.9%
+29.1%$27.81B$8.54B23.9640,000
PSTG
Pure Storage
4.7288 of 5 stars
$51.64
0.0%
$69.95
+35.4%
-17.4%$16.84B$3.25B135.914,200Positive News
Analyst Forecast
Insider Trade
QMCO
Quantum
2.4582 of 5 stars
$10.60
+6.6%
$19.00
+79.2%
-7.6%$73.67M$285.87M0.00900Gap Up
NTES
NetEase
3.8299 of 5 stars
$131.08
+1.3%
$119.38
-8.9%
+45.2%$83.05B$107.27B20.5832,100Positive News
CDNS
Cadence Design Systems
4.6419 of 5 stars
$300.81
+0.3%
$325.23
+8.1%
-7.8%$82.13B$4.87B77.9310,200Positive News
DELL
Dell Technologies
4.9816 of 5 stars
$113.63
+3.7%
$138.00
+21.4%
-18.6%$79.30B$96.70B20.08133,000Dividend Announcement
Insider Trade

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This page (NASDAQ:NTAP) was last updated on 6/24/2025 by MarketBeat.com Staff
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