NetApp, Inc. (ETR:NTA)
| Market Cap | 32.59B +56.8% |
| Revenue (ttm) | 6.42B +12.2% |
| Net Income | 1.23B +21.1% |
| EPS | 6.16 +25.2% |
| Shares Out | n/a |
| PE Ratio | 26.44 |
| Forward PE | 19.17 |
| Dividend | 1.79 (1.04%) |
| Ex-Dividend Date | Oct 9, 2026 |
| Volume | 9 |
| Open | 172.64 |
| Previous Close | 171.84 |
| Day's Range | 167.80 - 172.64 |
| 52-Week Range | 80.64 - 177.50 |
| 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 named Official Partner of the Tampa Bay Buccaneers
NetApp (NTAP) announced that they have been named an Official Partner of the Tampa Bay Buccaneers. This new relationship builds on NetApp’s status as the Official Intelligent Data Infrastructure Partn...
NetApp price target raised to $225 from $200 at Argus
Argus raised the firm’s price target on NetApp (NTAP) to $225 from $200 and keeps a Buy rating on the shares after Q1 earnings beat driven by continued storage demand…
NetApp management to meet virtually with Benchmark
Virtual Meeting to be held on September 15 at 1 pm hosted by Benchmark.
NetApp Transcript: AGM 2026
The meeting covered board elections, executive compensation, auditor ratification, and a charter amendment, with all management proposals approved. No shareholder questions were raised, and final voting results will be filed with the SEC.
NetApp Transcript: Citi’s 2026 Global TMT Conference
Strong Q1 performance and broad-based demand led to a significant increase in full-year guidance, with AI adoption and infrastructure modernization as key growth drivers. All business segments, including public cloud and Storage-as-a-Service, are experiencing high growth and strong margins, supported by disciplined cost management and ongoing innovation.
NetApp Transcript: Goldman Sachs Communacopia + Technology Conference 2026
Raised fiscal 2027 guidance on strong, broad-based growth across product lines and geographies, with record results in all-flash and cloud segments. AI adoption drives infrastructure upgrades and new use cases, while unified platforms, flexible procurement, and innovation reinforce competitive positioning.
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.