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NetApp Inc

NetApp Inc

NTAP

NASDAQ
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NetApp Inc

NTAP

NASDAQ
$171.018.87% (-16.65)
$
₹
$171.018.87% (-16.65)
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Technology

Software - Infrastructure

Large Cap

With a market cap of $37.5B the stock is ranked 418

Key Metrics

Key Metrics

PE TTM
PE TTM

Close price divided by the earnings per share for the trailing twelve months

26.90
PB
PB

Close price divided by the book value per share at the end of the most recent quarter

26.16
EPS TTM
EPS TTM

Net profit earned per share over the trailing twelve months (sum of the last 4 quarters)

$7.09
PEG Ratio
PEG Ratio

Price-to-Earnings (P/E) ratio divided by the forecasted annual earnings per share (EPS) growth rate over the next five years

2.20
Profit Margin
Profit Margin

Net profit divided by the total revenue for the most recent financial year

19.18%
Dividend Yield
Dividend Yield

Annual dividend per share for the trailing twelve months divided by the close price

1.12%

Analyst Ratings & Forecast

Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 

Based on 21 analysts reports

Buy
8 analysts
Hold
13 analysts
Sell
0 analyst

Price Upside

+12.8%

Earnings Growth

+37.03%

Rev. Growth

+18.25%

See Detailed Forecast

Company Profile

Company Profile

NetApp, Inc. develops enterprise software, systems, and services to transform data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. 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, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience; and Super Micro Computer, Inc. to build integrated AI infrastructure solutions. NetApp, Inc. was incorporated in 1992 and is based in San Jose, California.
NetApp, Inc. develops enterprise software, systems, and services to transform data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. 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, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience; and Super Micro Computer, Inc. to build integrated AI infrastructure solutions. NetApp, Inc. was incorporated in 1992 and is based in San Jose, California.

Peers

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Peers

Compare with peers Compare with peers 
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P/E Ratio
37.67
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1Y Return
23.02%
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Buy Reco %
55.81
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Dell Technologies Inc
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P/E Ratio
23.74
23.74
1Y Return
164.09%
164.09%
Buy Reco %
65.51
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Sandisk Corp
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P/E Ratio
9.00
9.00
1Y Return
433.17%
433.17%
Buy Reco %
84.00
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Seagate Technology PLC
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P/E Ratio
31.79
31.79
1Y Return
122.48%
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Buy Reco %
84.61
84.61
Western Digital Corporation
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P/E Ratio
12.21
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1Y Return
112.79%
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Buy Reco %
80.76
80.76
Compare with Peers

Forecast

Forecast

Price

Revenue

Earnings

Price Forecast

Price Forecast

Lower price growth forecast versus trailing 3-year CAGR
Compares analyst forecast growth with historical annualized growth.

The 12-month consensus target implies 12.80% growth, versus a trailing 3-year CAGR of 37.03%.

2026
Current$187.67Baseline
Analyst Target - 1 year
Target$211.69+12.8%

All values in $

202220232024202520262027$96.08$141.67$187.27Target+12.8%
2026
Current$187.67Baseline
Analyst Target - 1 year
Target$211.69+12.8%

All values in $

Revenue Forecast

Revenue Forecast

Higher revenue growth forecast versus trailing 3-year CAGR
Compares analyst forecast growth with historical annualized growth.

The next fiscal year's mean estimate implies 18.25% growth, versus a trailing 3-year CAGR of 2.87%.

2026
Current$6.92Baseline
Forecast for Apr 2027
High$8.63+24.64%
Average$8.18+18.25%
Low$8.08+16.77%

All values in $ Billion

2022202320242025202620276.316.366.266.576.92Low+16.77%Average+18.25%High+24.64%
2026
Current$6.92Baseline
Forecast for Apr 2027
High$8.63+24.64%
Average$8.18+18.25%
Low$8.08+16.77%

All values in $ Billion

Earnings Per Share Forecast

Earnings Per Share Forecast

Higher earnings growth forecast versus trailing 3-year CAGR
Compares analyst forecast growth with historical annualized growth.

The next fiscal year's mean estimate implies 37.03% growth, versus a trailing 3-year CAGR of 9.35%.

2026
Current$7.31Baseline
Forecast for Apr 2027
High$11+50.48%
Average$10.02+37.03%
Low$9.84+34.61%

All values in $

2022202320242025202620275.295.596.477.277.31Low+34.61%Average+37.03%High+50.48%
2026
Current$7.31Baseline
Forecast for Apr 2027
High$11+50.48%
Average$10.02+37.03%
Low$9.84+34.61%

All values in $

Financials

Financials

Income

Balance Sheet

Cash Flow

1.7
0.3
1.7
0.3
1.9
0.4
2
0.3
Q4 2025
Q1 2026
Q2 2026
Q3 2026
Revenue
Net Income
Financial YearQ2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Total Revenue1.661.541.651.641.731.551.701.711.942.02
Net Income0.290.240.290.290.340.230.300.330.400.37
Net Profit Margin17.45%16.09%18.03%18.22%19.63%14.94%17.88%19.49%20.73%18.51%
See CostsAll values in $ Billion

Peers

Peers & Comparison

Peers & Comparison

Comparing 2 stocks from
TechnologySoftware - Infrastructure

Valuation

Returns

Forecast

ScreenerCompare valuation on Screener
StockPE TTMPE TTMPBPBPEG RatioPEG Ratio
NetApp Inc 26.9026.162.20
Apple Inc.37.6746.772.76
Dell Technologies Inc23.744.390.39
ScreenerCompare valuation on Screener

Price Comparison

Price Comparison

Compare NTAP with any stock or ETF
Compare NTAP with any stock or ETF
Comparing from
NTAP
AAPL
DELL
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Frequently asked questions

  1. NetApp Inc (NTAP) share price today is $171.01 as of November 5, 2026 at 11:19 PM IST. The stock touched a day high of $181.18 and a day low of $170.76.

  2. NetApp Inc stock trades on NASDAQ under the ticker symbol NTAP.

  3. NetApp Inc's market capitalization is $37.47B as of November 5, 2026 at 11:19 PM IST.

  4. NetApp Inc's price-to-earnings (P/E) ratio is 26.90 as of November 5, 2026.

  5. NetApp Inc's price-to-book (P/B) ratio is 26.16 as of November 5, 2026.

  6. Yes, NetApp Inc pays a dividend, with a current dividend yield of 1.12%.

  7. Yes, You can buy NetApp Inc shares from India through Tickertape, via our partnership with ViewTrade IFSC under the IFSCA Global Access framework, subject to RBI’s Liberalised Remittance Scheme (LRS) limits.

  8. Indian investors can buy NetApp Inc shares in three steps: 1. Search NetApp Inc on the Tickertape app and tap Invest. 2. Complete your one-time digital KYC. 3. Fund your account and buy from as low as $1 via fractional shares.

  9. Since NetApp Inc trades in USD, an Indian investor's INR returns depend on both the stock's price movement and the USD-INR exchange rate. If the rupee depreciates against the dollar, INR returns are boosted beyond the stock's USD return; if the rupee appreciates, INR returns are reduced.

  10. Indian investors can start investing in NetApp Inc (NTAP) shares from as little as $1 through fractional ownership on Tickertape - for example, $10 buys approximately 0.0584 shares at the current price of $171.01.

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