NetApp, Inc. (NTAP)

NASDAQ: NTAP · Real-Time Price · USD
99.47
+1.86 (1.91%)
Apr 8, 2026, 4:00 PM EDT - Market closed
Market Cap19.63B +4.6%
Revenue (ttm)6.71B +3.1%
Net Income1.21B +6.6%
EPS5.97 +10.5%
Shares Out 197.33M
PE Ratio16.67
Forward PE11.86
Dividend$2.08 (2.09%)
Ex-Dividend DateApr 2, 2026
Volume2,258,277
Open99.39
Previous Close97.61
Day's Range98.34 - 100.61
52-Week Range74.80 - 126.66
Beta1.29
AnalystsHold
Price Target118.25 (+18.88%)
Earnings DateMay 28, 2026

About NTAP

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]

Sector Technology
IPO Date Nov 21, 1995
Employees 11,700
Stock Exchange NASDAQ
Ticker Symbol NTAP
Full Company Profile

Financial Performance

In fiscal year 2025, NetApp's revenue was $6.57 billion, an increase of 4.85% compared to the previous year's $6.27 billion. Earnings were $1.19 billion, an increase of 20.28%.

Financial Statements

Analyst Summary

According to 13 analysts, the average rating for NTAP stock is "Hold." The 12-month stock price target is $118.25, which is an increase of 18.88% from the latest price.

Price Target
$118.25
(18.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

New Research Finds AI Is Now Foundational to Modern Marketing

SAN JOSE, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced its participation in a new marketing research study conducted by...

21 hours ago - Business Wire

NetApp and Elastio Announce Partnership to Deliver Defense-in-Depth Ransomware Resilience

SAN JOSE, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, and Elastio are helping enterprises enhance their cyber resilience with a layere...

15 days ago - Business Wire

NetApp and Commvault Advance Cyber Resilience with Strategic Alliance

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, and Commvault (NASDAQ: CVLT), a leader in unified resilience at enterprise scale, today announce...

Other symbols: CVLT
15 days ago - Business Wire

NetApp Unveils New High-Performance EF-Series Models

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced the release of the next generation of NetApp EF-Series storage systems, built to...

22 days ago - Business Wire

NetApp Accelerates Momentum in AI Leadership with NVIDIA

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced enhancements to its enterprise-grade data platform, enabling customers to remove...

23 days ago - Business Wire

NetApp Reports Third Quarter of Fiscal Year 2026 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today reported financial results for the third quarter of fiscal year 2026, which ended on Januar...

5 weeks ago - Business Wire

NetApp to Participate in Upcoming Conferences

SAN JOSE, Calif.--(BUSINESS WIRE)--NetAppTM (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced the Company will participate in fireside chats at the following conferences: Ra...

6 weeks ago - Business Wire

NetApp Hosts Third Quarter of Fiscal Year 2026 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)--After market close on February 26, 2026, NetApp (NASDAQ: NTAP) will announce financial results for the third quarter of fiscal year 2026, which ended January 23, 202...

2 months ago - Business Wire

NetApp Data Platform Powers Data Operations for Super Bowl LX

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced that it is powering data operations for Super Bowl LX. As the Official Intellige...

2 months ago - Business Wire

These stocks were the biggest losers on the S&P 500's worst day in three months

The damage was widespread as investors showed their displeasure with Trump's tough words for U.S. allies

2 months ago - Market Watch

NetApp Appoints Paul Fipps to the Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that Paul Fipps, President of Global Customer Operations at ServiceNow, has join...

3 months ago - Business Wire

NetApp Advances EMEA & LATAM Presence with Appointment of Willem Hendrickx as Customer Demand for AI Accelerates

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the appointment of Willem Hendrickx as Senior Vice President and General Manager,...

4 months ago - Business Wire

NetApp Collaborates with AWS to bring Enterprise Data to AWS AI Services

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced a new capability that enables enterprises to make their workflows simpler and mo...

4 months ago - Business Wire

Apple and nine more tech companies that have treated their shareholders like gold

The iPhone maker leads the way for the sector in terms of dollars spent on stock buybacks. But other tech companies have reduced their share counts significantly, as well.

4 months ago - Market Watch

NetApp Shares Climb After Q2 Earnings Beat Estimates

NetApp, Inc. (NASDAQ: NTAP) shares soared after the company released its second-quarter earnings report after Tuesday's closing bell, beating estimates on the top and bottom lines.

4 months ago - Benzinga

NetApp beats quarterly estimates on robust data storage demand

NetApp beat Wall Street estimates for second-quarter profit and revenue on Tuesday, helped by strong demand for its data storage services and all-flash storage products used in artificial intelligence...

4 months ago - Reuters

NetApp Reports Second Quarter of Fiscal Year 2026 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today reported financial results for the second quarter of fiscal year 2026, which ended on Octob...

4 months ago - Business Wire

NetApp to Participate in Upcoming Technology Conferences

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp™ (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced the Company will participate in fireside chats at the following conferences: UBS...

4 months ago - Business Wire

NetApp Accuses VAST Executive Of Stealing Trade Secrets

In what reads like a corporate thriller with a dash of dark comedy, NetApp has filed an explosive lawsuit against one of its former senior executives, alleging he secretly developed a competing busine...

5 months ago - Forbes

NetApp Recognized as Winner of 2025 Microsoft Americas Partner of the Year for SDC Canada Category

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced it has won the 2025 Americas Partner of the Year Software Development Company (S...

5 months ago - Business Wire

NetApp Hosts Second Quarter of Fiscal Year 2026 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)--After market close on November 25, 2025, NetApp (NASDAQ: NTAP) will announce financial results for the second quarter of fiscal year 2026, which ended October 24, 20...

5 months ago - Business Wire

Secret Double Octopus Appoints Former NetApp CEO Dan Warmenhoven to its Board of Directors

MENLO PARK, Calif.--(BUSINESS WIRE)--Secret Double Octopus, the leader in workforce authentication security, today announced the appointment of Dan Warmenhoven to its Board of Directors. Warmenhoven's...

5 months ago - Business Wire

NetApp First to Embed Data Breach Detection into Enterprise Data Storage

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced new industry-leading cyber resilience capabilities that further strengthen the m...

6 months ago - Business Wire

NetApp Collaborates with Equinix to Simplify Virtualization for Modernized SAP Applications

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company; Broadcom, Inc.; and Kochasoft, a trusted provider of enterprise solutions, today announced a col...

6 months ago - Business Wire

NetApp and Red Hat Strengthen Collaboration to Drive IT Modernization with Red Hat OpenShift Virtualization

SAN JOSE, Calif. & RALEIGH, N.C.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, and Red Hat, the world's leading provider of open-source solutions, today announ...

6 months ago - Business Wire