NetApp, Inc. (NTAP)
Market Cap | 20.59B |
Revenue (ttm) | 6.57B |
Net Income (ttm) | 1.19B |
Shares Out | 200.37M |
EPS (ttm) | 5.67 |
PE Ratio | 18.12 |
Forward PE | 13.28 |
Dividend | $2.08 (2.02%) |
Ex-Dividend Date | Jul 3, 2025 |
Volume | 1,859,281 |
Open | 104.13 |
Previous Close | 103.20 |
Day's Range | 102.41 - 104.24 |
52-Week Range | 71.84 - 135.45 |
Beta | 1.41 |
Analysts | Buy |
Price Target | 121.27 (+18.02%) |
Earnings Date | May 29, 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]
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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for NTAP stock is "Buy." The 12-month stock price forecast is $121.27, which is an increase of 18.02% from the latest price.
News

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...

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, ...

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, ...

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...

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...

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...

How Will NetApp's Stock React To Its Upcoming Earnings?
Note: NTAP FY'2025 concluded in April

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...

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 ...

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,...

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...

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...

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 ...

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...

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...

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 ...

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 ...

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 ...

NetApp Storage Now Validated for NVIDIA DGX SuperPOD, NVIDIA Cloud Partners, and NVIDIA-Certified Systems
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that NVIDIA has validated high-performance NetApp enterprise storage systems wit...

NetApp Fuels Future of Agentic AI Reasoning Solutions with NVIDIA AI Data Platform
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced it is advancing the state of the art in agentic AI with intelligent data infrast...

NetApp Prices $1.25 Billion of Senior Notes
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the pricing of $625 million in aggregate principal amount of its 5.50% Senior No...

NetApp Is Recognized as a 2025 Gartner® Peer Insights™ Customers' Choice for Primary Storage Platforms
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced it was named a Customers' Choice in the 2025 Gartner Peer Insights ‘Voice of the...

Flexera Completes Acquisition of NetApp's Spot FinOps Portfolio
ITASCA, Ill. and SAN JOSE, Calif.
NTAP Shaky Earnings, ADSK Activist Pressure & SOUN Beat
Tech companies remain top of mind this morning. NetApp (NTAP) slid more than 10% down after reporting weaker-than-expected earnings and guidance.

NetApp Stock Tumbles on Revenue Miss and Weak Guidance. Analysts Aren't Panicking.
NetApp's top-line miss isn't indicative of softness in IT spending, analysts say.