NetApp, Inc. (BIT:1NTAP)
| Market Cap | 31.37B +57.6% |
| Revenue (ttm) | 6.42B +12.2% |
| Net Income | 1.23B +21.1% |
| EPS | 6.16 +25.2% |
| Shares Out | n/a |
| PE Ratio | 25.45 |
| Forward PE | 18.70 |
| Dividend | 1.79 (1.12%) |
| Ex-Dividend Date | Jul 9, 2026 |
| Volume | 33 |
| Open | 159.80 |
| Previous Close | 160.78 |
| Day's Range | 159.80 - 159.80 |
| 52-Week Range | 80.42 - 179.08 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Sep 2, 2026 |
About NetApp
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 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, includi... [Read more]
Financial Performance
In fiscal year 2026, NetApp's revenue was $6.93 billion, an increase of 5.37% compared to the previous year's $6.57 billion. Earnings were $1.28 billion, an increase of 7.59%.
Financial numbers in USD Financial StatementsNews
NetApp CEO George Kurian: We had a record-setting quarter; we see really good momentum
NetApp shares are higher Thursday after reporting a beat on the top and bottom lines in fiscal Q1. George Kurian, NetApp CEO, joins 'Squawk on the Street' to discuss.
Thursday's First Moves: NTAP, FIVE & VSXY Earnings
NetApp (NTAP) initially popped on its earnings report, but as Diane King Hall points out, concerns over its free cash flow had investors second guessing the company's outlook. Five Below (FIVE) contin...
NetApp price target raised to $187 from $171 at Northland
Northland analyst Nehal Chokshi raised the firm’s price target on NetApp (NTAP) to $187 from $171 and keeps an Outperform rating on the shares. Given “strong” results and guidance, the…
NetApp price target raised to $191 from $173 at Morgan Stanley
Morgan Stanley raised the firm’s price target on NetApp (NTAP) to $191 from $173 and keeps an Equal Weight rating on the shares. A “strong quarter” with broad-based demand, improving…
NetApp price target raised to $195 from $185 at Susquehanna
Susquehanna raised the firm’s price target on NetApp (NTAP) to $195 from $185 and keeps a Positive rating on the shares. The firm updated its estimates following Q1 results and…
NetApp price target raised to $170 from $150 at Wedbush
Wedbush raised the firm’s price target on NetApp (NTAP) to $170 from $150 and keeps a Neutral rating on the shares. The firm notes the company beat every line of…
NetApp, AWS accelerate storage migrations with AWS Transform
NetApp (NTAP) and Amazon Web Services (AMZN) announced that AWS Transform now supports Amazon FSx for NetApp ONTAP, making it even easier for enterprises to move applications and data to…
NetApp and AWS Accelerate Storage Migrations with AWS Transform
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, and Amazon Web Services (AWS) today announced that AWS Transform now supports Amazon FSx for Net...
NetApp price target raised to $171 from $160 at UBS
UBS analyst David Vogt raised the firm’s price target on NetApp (NTAP) to $171 from $160 and keeps a Neutral rating on the shares.
NetApp price target lowered to $200 from $206 at BofA
BofA analyst Wamsi Mohan lowered the firm’s price target on NetApp (NTAP) to $200 from $206 and keeps a Neutral rating on the shares. NetApp reported “strong” fiscal Q1 results…
Broadcom, Snowflake, HPE, NetApp, and More Stocks That Explain Today's Market
Concerns about data-center financing and Google's deal with rival chip maker Marvell overshadow Broadcom's solid results.
NetApp price target lowered to $190 from $209 at Citi
Citi analyst Asiya Merchant lowered the firm’s price target on NetApp (NTAP) to $190 from $209 and keeps a Neutral rating on the shares. The company reported a “beat and…
NetApp price target raised to $190 from $180 at Wells Fargo
Wells Fargo raised the firm’s price target on NetApp (NTAP) to $190 from $180 and keeps an Equal Weight rating on the shares. The firm notes the company delivered solid…
NetApp price target raised to $219 from $199 at Barclays
Barclays raised the firm’s price target on NetApp (NTAP) to $219 from $199 and keeps an Overweight rating on the shares. The company reported a solid start to fiscal 2027…
NetApp Earnings Beat Estimates. The Stock Is Falling in a Big Way.
The company's fiscal first-quarter revenue grew 30% to $2.03 billion, beating Wall Street estimates of $1.84 billion.
NetApp Earnings Call Transcript: Q1 2027
Record Q1 results with 30% revenue growth and 66% EPS increase, driven by strong AI and cloud demand. Raised full-year guidance for both revenue and EPS, supported by broad-based momentum, strategic acquisitions, and robust customer wins across segments.
NetApp Slides: Q1 2027
NetApp has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on September 2, 2026.
NetApp Earnings release: Q1 2027
NetApp released its Q1 2027 earnings on September 2, 2026, summarizing the period's financial results.
NetApp Quarterly report: Q1 2027
NetApp has published its Q1 2027 quarterly earnings report on September 2, 2026.
NetApp Helps Customers Accelerate Adoption of Latest VMware Cloud Foundation Innovations
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, announced new capabilities in NetApp ONTAP® have been tested and validated to support VMware Clo...
NetApp down 7% following Q1 report
Shares of NetApp (NTAP) are down about 7% to $167.54 in after-hours trading.
NetApp reports Q1 adjusted EPS $2.58, consensus $2.12
Reports Q1 revenue $2.03B, consensus $1.84B. Reports billings of $2.06B for the first quarter of fiscal year 2027, an increase of 36% year-over-year. CEO George Kurian says: “NetApp (NTAP) delivered…
NetApp sees Q2 adjusted EPS $2.54-$2.64, consensus $2.16
Sees Q2 revenue $2.025B-$2.175B, consensus $1.85B.
NetApp raises FY27 adjusted EPS view to $9.73-$10.03, consensus $9.03
Now sees FY27 revenue $7.975B-$8.225B, consensus $7.54B. NetApp (NTAP) previously saw FY27 EPS $8.70-$8.90 and previously saw FY27 revenue $7.325B-$7.575B. Now sees FY27 non-GAAP operating margin 30.3...
NetApp Reports First Quarter of Fiscal Year 2027 Results
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today reported financial results for the first quarter of fiscal year 2027, which ended on July 3...