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NetApp (NTAP)
NASDAQ:NTAP
NTAP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$71.84 - $135.45
Previous CloseN/A
Volume224.21K
Average Volume (3M)2.52M
Market Cap
$18.52B
Enterprise Value$26.20B
Total Cash (Recent Filing)$1.77B
Total Debt (Recent Filing)$1.33B
Price to Earnings (P/E)16.6
Beta1.39
Next Earnings
May 29, 2025EPS Estimate
1.89Last Dividend Ex-Date
Apr 04, 2025Dividend Yield2.29%
Share Statistics
EPS (TTM)5.40
Shares Outstanding206,376,660
10 Day Avg. Volume1,712,374
30 Day Avg. Volume2,516,363
Financial Highlights & Ratios
PEG Ratio0.71
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.41
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit5.91
Enterprise Value/Ebitda15.35
Forecast
1Y Price Target
$112.25Price Target Upside25.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
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Bulls Say, Bears Say
Bulls Say
AI TractionNetApp reported consistent AI traction with more than 100 deals in the quarter and multiple service provider wins, expecting a second half 2025 and beyond inflection with increasing enterprise AI deployments.
Product Line RefreshNTAP has refreshed its entire product lines and the company appears confident regarding the medium-term outlook, particularly on the GM front.
Public Cloud GrowthPublic cloud sales were again a bright spot, up 21% year-over-year excluding Spot.
Bears Say
Divestiture ImpactNetApp's lowered FY25 guide reflects a $30M FX headwind, the divestiture of Spot ($15M), and global public sector caution.
Gross Margin DeclineProduct GM% declined by 356 basis points quarter over quarter to 56.7%, confidence in a F4Q25 bottom at ~56% will be a focus as NetApp utilizes the remainder of strategic SSD purchases.
Revenue And Guidance MissNetApp’s fiscal third-quarter results and fourth-quarter guidance came in below consensus across most major key metrics.
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Ownership Overview
0.34% Insiders
28.10% Mutual Funds
0.79% Other Institutional Investors
40.72% Public Companies and
Individual Investors
NTAP FAQ
What was NetApp’s price range in the past 12 months?
NetApp lowest stock price was $71.84 and its highest was $135.45 in the past 12 months.
What is NetApp’s market cap?
NetApp’s market cap is $18.52B.
When is NetApp’s upcoming earnings report date?
NetApp’s upcoming earnings report date is May 29, 2025 which is in 27 days.
How were NetApp’s earnings last quarter?
NetApp released its earnings results on Feb 27, 2025. The company reported $1.91 earnings per share for the quarter, missing the consensus estimate of $1.912 by -$0.002.
Is NetApp overvalued?
According to Wall Street analysts NetApp’s price is currently Undervalued.
Does NetApp pay dividends?
NetApp pays a Quarterly dividend of $0.519 which represents an annual dividend yield of 2.29%. See more information on NetApp dividends here
What is NetApp’s EPS estimate?
NetApp’s EPS estimate is 1.89.
How many shares outstanding does NetApp have?
NetApp has 206,376,660 shares outstanding.
What happened to NetApp’s price movement after its last earnings report?
NetApp reported an EPS of $1.91 in its last earnings report, missing expectations of $1.912. Following the earnings report the stock price went down -15.578%.
Which hedge fund is a major shareholder of NetApp?
Currently, no hedge funds are holding shares in NTAP
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NetApp Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$112.25 (25.10% Upside)
$112.25 (25.10% Upside)
Blogger Sentiment
Bullish
NTAP Sentiment 90%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $499.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.49%
12-Months-Change
Fundamentals
Return on Equity
114.33%
Trailing 12-Months
Asset Growth
-4.06%
Trailing 12-Months
Company Description
NetApp
NetApp, Inc., with the ticker symbol NTAP, is a leading provider of cloud data services and data management solutions. The company serves a wide range of industries by offering solutions that simplify and enhance the efficiency of data storage and management. Founded in 1992 and headquartered in San Jose, California, NetApp operates primarily in the information technology sector. Its core products and services include data storage systems, software, and cloud services that help businesses manage and protect their data across hybrid cloud environments.
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NTAP Company Deck
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NTAP Earnings Call
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented both positive achievements and challenges. While there was strong growth in specific segments like all-flash arrays and public cloud, and improvements in operating and public cloud gross margins, there were notable execution challenges and unfavorable currency impacts. The company's guidance adjustments and sector-specific weaknesses also added caution. However, the company's strategic positioning and product strength provide a balanced outlook.Read More>---
NTAP Net revenue Breakdown
90.25% Hybrid Cloud
9.75% Public Cloud
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NTAP Stock 12 Month Forecast
Average Price Target
$112.25
▲(25.10% Upside)
Technical Analysis
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