NetApp, Inc. (NTAP)

NASDAQ: NTAP · Real-Time Price · USD
103.85
+0.52 (0.50%)
Aug 7, 2025, 4:00 PM - Market closed
0.50%
Market Cap20.78B
Revenue (ttm)6.57B
Net Income (ttm)1.19B
Shares Out 200.10M
EPS (ttm)5.67
PE Ratio18.32
Forward PE13.43
Dividend$2.08 (2.01%)
Ex-Dividend DateJul 3, 2025
Volume1,320,271
Open104.34
Previous Close103.33
Day's Range102.36 - 104.61
52-Week Range71.84 - 135.45
Beta1.44
AnalystsBuy
Price Target122.27 (+17.74%)
Earnings DateAug 27, 2025

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 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 16 analysts, the average rating for NTAP stock is "Buy." The 12-month stock price target is $122.27, which is an increase of 17.74% from the latest price.

Price Target
$122.27
(17.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

NetApp Accelerates VMware Migrations with Amazon Elastic VMware Service Integration

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that Amazon FSx for NetApp ONTAP® is now a supported external storage option for...

1 day ago - Business Wire

NetApp Hosts First Quarter of Fiscal Year 2026 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)--After market close on August 27, 2025, NetApp (NASDAQ: NTAP) will announce financial results for the first quarter of fiscal year 2026, which ended July 25, 2025. Ne...

7 days ago - Business Wire

Filo Systems Patented Lossless Compression Solution Was Selected by NetApp for Its Excellerator Program

The program focuses on artificial intelligence innovation by supporting startups developing transformative solutions using advanced technologies for the most demanding enterprise usage scenarios New Y...

23 days ago - Newsfile Corp

NetApp and William Blair & Company to Host a Tech Talk on Intelligent Data Infrastructure for AI

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP) and William Blair & Company will hold a deep dive tech talk to discuss Intelligent Data Infrastructure for AI with Russell Fishman, Sr. Directo...

4 weeks ago - Business Wire

SE Labs Award Reinforces NetApp Status as the Most Secure Storage on the Planet

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that it was recognized as a standout performer in cybersecurity in the SE LABS ®...

5 weeks ago - Business Wire

NetApp Report Highlights Fierce Competition in Global AI Leadership

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today released its new report, The AI Space Race, examining which countries are leading the fier...

6 weeks ago - Business Wire

NetApp Appoints Disruptive Innovator Syam Nair as Chief Product Officer, Underscoring its Commitment to Bold Product Vision

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the appointment of Syam Nair as its new Chief Product Officer (CPO), effective M...

6 weeks ago - Business Wire

Hybrid Cloud Storage Company Radar Report 2025 Featuring Cloudian, CTERA, Hammerspace, LucidLink, Nasuni, NetApp, Panzura, and Peer Software

Businesses are increasingly adopting hybrid cloud storage solutions to manage growing enterprise data while supporting AI applications and sustainability goals. As the market emerges, the sector is ex...

7 weeks ago - GlobeNewsWire

NetApp: Great Buy At 14x P/E Amid Recovering Billings

I'm rotating out of overvalued large-caps and into value plays like NetApp, which offers a rare bargain in today's market. NetApp has rebounded from sales execution issues, showing improved billings, ...

2 months ago - Seeking Alpha

NetApp: Needs To Prove Its Capabilities Before Achieving Revenue Expansion

NetApp operates in a high-growth industry but has shown only stable, moderate revenue growth, lagging behind the sector's momentum. The company boasts industry-leading profitability and high margins, ...

2 months ago - Seeking Alpha

NetApp, Inc. (NTAP) Q4 2025 Earnings Call Transcript

NetApp, Inc. (NASDAQ:NTAP) Q4 2025 Results Conference Call May 29, 2025 5:30 PM ET Company Participants Kris Newton - VP, Investor Relations George Kurian - Chief Executive Officer Wissam Jabre - EVP...

2 months ago - Seeking Alpha

NetApp Reports Record Results for Fourth Quarter and Fiscal Year 2025

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today reported financial results for the fourth quarter and fiscal year 2025, which ended on Apri...

2 months ago - Business Wire

NetApp to Participate in Upcoming Technology 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: Bo...

2 months ago - Business Wire

How Will NetApp's Stock React To Its Upcoming Earnings?

Note: NTAP FY'2025 concluded in April

2 months ago - Forbes

Hewlett Packard, NetApp Better Positioned To Sidestep Tariff Headwinds Ahead of Earnings: Analyst

JP Morgan analyst Samik Chatterjee shared earnings previews for several prominent hardware companies, cautioning that these firms may contend with ongoing demand uncertainty and renewed tariff risks i...

Other symbols: HPE
2 months ago - Benzinga

NetApp Builds AI Infrastructure on NVIDIA AI Data Platform

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that it is working with NVIDIA to support the NVIDIA AI Data Platform reference ...

2 months ago - Business Wire

NetApp Hosts Fourth Quarter and Fiscal Year 2025 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)--After market close on Thursday, May 29, 2025, NetApp (NASDAQ: NTAP) will announce financial results for the fourth quarter and fiscal year 2025 which ended April 25,...

3 months ago - Business Wire

NetApp and Intel Partner to Redefine AI for Enterprises

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the release of NetApp AIPod Mini with Intel, a joint solution designed to stream...

3 months ago - Business Wire

NetApp Sets New Standard for Cybersecurity at the Storage Layer

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced new data security capabilities that help customers strengthen their cyber resili...

3 months ago - Business Wire

NFL Names NetApp the Official Intelligent Data Infrastructure Partner

NEW YORK & SAN JOSE, Calif.--(BUSINESS WIRE)--The National Football League today named NetApp® (NASDAQ: NTAP) the Official Intelligent Data Infrastructure partner. NetApp will work with the league to ...

4 months ago - Business Wire

NetApp: Disappointing Guidance Paved The Way For An Attractive Price In This Strong Company

Disappointing guidance for Q4 2025 paved the way for a more attractive price, which, I believe, is reasonable for this strong enterprise storage company. Despite the industry's fragmented structure, t...

4 months ago - Seeking Alpha

NetApp Partners With Google Cloud to Simplify Scaling High-Performance Workloads in the Cloud

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, and Google Cloud today announced new capabilities for Google Cloud NetApp Volumes, a fully manag...

4 months ago - Business Wire

NetApp Wins 2025 Google Cloud Infrastructure Modernization Partner of the Year for Storage

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that it has received the 2025 Google Cloud Infrastructure Modernization Partner ...

4 months ago - Business Wire

NetApp Appoints Frank Pelzer to the Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that Frank Pelzer, Chief Operating Officer at Spotnana, has joined its Board of ...

4 months ago - Business Wire

NetApp: Tremendous Value To Be Unlocked

Shares of NetApp have dropped sharply this year, accentuated by the company's growth slowdown and recent guidance cut. Management notes, however, that deals have been delayed rather than lost, with a ...

5 months ago - Seeking Alpha