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NetApp Inc (NTAP)

NASDAQ
Currency in USD
Disclaimer
127.27
+0.72(+0.57%)
Closed
After Hours
127.50+0.23(+0.18%)
NTAP Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
125.40127.50
52 wk Range
70.82135.01
Prev. Close
127.27
Open
126.06
Day's Range
125.4-127.5
52 wk Range
70.82-135.01
Volume
1,344,510
Average Vol. (3m)
1,609,513
1-Year Change
67.46%
Book Value / Share
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Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Upsidepro lock
Price Target
133.10
Upside
+4.58%
Members' Sentiments
Bearish
Bullish
ProTips
15 analysts have revised their earnings upwards for the upcoming period
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InvestingPro Research for NetApp Inc


Future Horizons
NetApp poised for growth with AI storage demands and cloud services, despite headwinds in enterprise spending and market share.
Operational Excellence
Discover NetApp's strategic pre-buying and shift to high-margin products, bolstering its financial and competitive edge.
Valuation Spectrum
Analysts set price targets ranging from $116 to $125, reflecting cautious optimism in NetApp's market trajectory.
Market Dynamics
NetApp excels in IT hardware, with strong demand for its All-Flash Arrays and a positive outlook despite a neutral industry view.

NetApp Inc Company Profile

NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Hybrid Cloud and Public Could. The company offers data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and NetApp Astra; and storage infrastructure solutions, including NetApp All-Flash FAS, NetApp All-Flash FAS with capacity flash, NetApp All-Flash SAN Array, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp BlueXP, BlueXP Sync, BlueXP Tiering, NetApp Backup, BlueXP Compliance, and BlueXP Cache; and cloud operations services consist of NetApp Cloud Insights, Spot by NetApp, and Instaclustr. In addition, the company offers professional and support services, such as storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, and migration services. It serves various industries comprising energy, financial services, government, 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, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

Compare NTAP to Peers and Sector

Metrics to compare
NTAP
Peers
Sector
Relationship
P/E Ratio
24.0x7.8x11.5x
PEG Ratio
−3.160.100.01
Price / Book
28.1x0.2x2.4x
Price / LTM Sales
4.1x0.6x2.2x
Upside (Analyst Target)
5.7%14.4%21.0%
Fair Value Upside
Unlock8.1%4.4%Unlock

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FAQ

What Is the NetApp (NTAP) Stock Price Today?

The NetApp stock price today is 127.27

What Stock Exchange Does NetApp Trade On?

NetApp is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for NetApp?

The stock symbol for NetApp is "NTAP."

Does NetApp Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 1.63%.

What Is the NetApp Market Cap?

As of today, NetApp market cap is 26.05B.

What is NetApp Earnings Per Share?

The NetApp EPS is 5.25.

What Is the Next NetApp Earnings Date?

NetApp will release its next earnings report on Nov 26, 2024.
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