NetApp, Inc. (NTAP)
| Market Cap | 22.87B |
| Revenue (ttm) | 6.59B |
| Net Income (ttm) | 1.17B |
| Shares Out | 199.62M |
| EPS (ttm) | 5.66 |
| PE Ratio | 20.20 |
| Forward PE | 14.18 |
| Dividend | $2.08 (1.82%) |
| Ex-Dividend Date | Oct 3, 2025 |
| Volume | 401,721 |
| Open | 115.96 |
| Previous Close | 115.91 |
| Day's Range | 114.67 - 116.25 |
| 52-Week Range | 71.84 - 135.45 |
| Beta | 1.45 |
| Analysts | Buy |
| Price Target | 124.00 (+8.23%) |
| Earnings Date | Nov 20, 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 Summary
According to 16 analysts, the average rating for NTAP stock is "Buy." The 12-month stock price target is $124.0, which is an increase of 8.23% from the latest price.
News
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 Stocks In The Spotlight Last Week: Wall Street's Most Accurate Analysts Weigh In
U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 200 points during the session as Wall Street shrugged off credit concerns that battered bank stocks recently.
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...
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...
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...
NetApp Collaborates with Cisco on Enterprise-Grade Converged Infrastructure with Disaggregated Storage for AI
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced a collaboration with Cisco to deliver a significant evolution in converged infra...
NetApp Transforms Enterprise Cloud with Google Cloud
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced that it has deepened its collaboration with Google Cloud to help customers accel...
NetApp Introduces Comprehensive Enterprise-Grade Data Platform for AI
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today unveiled visionary new products, strengthening its enterprise-grade data platform for AI i...
Aston Martin Aramco Formula One® Team Now Fully Powered by NetApp Storage
SAN JOSE, Calif.--(BUSINESS WIRE)--The Aston Martin Aramco Formula One® Team today announced that it has completed its migration to run 100 percent of its data storage on NetApp® (NASDAQ: NTAP), the i...
NetApp Hosts Technology Sessions at 2025 INSIGHT Conference in Las Vegas, Nevada
SUNNYVALE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP) will hold their 2025 INSIGHT™ customer conference in Las Vegas, Nevada on October 14–16, 2025. On Tuesday, October 14, 2025, NetApp will host ...
Research Finds Data Readiness and Infrastructure as Critical to Success in the AI Era
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today unveiled a new global Enterprise AI maturity study conducted by IDC*. This second annual s...
Dividend Income Summary: Lanny's July 2025 Summary
In July, we (my wife and I) received a dividend income total of $4,161.64. My other two Vanguard ETFs – S&P 500 (VOO) and Dividend Appreciation ETF (VIG) - both paid in July. We had a solid increase m...
NetApp, Inc. (NTAP) Presents At J. P. Morgan's CEO Spotlight Series Transcript
NetApp, Inc. (NASDAQ:NTAP) Presents at J. P. Morgan's CEO Spotlight Series Conference Call September 11, 2025 2:00 PM EDT Company Participants Kris Newton - VP of Corporate Communications & Investor ...
NetApp, Inc. (NTAP) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
NetApp, Inc. (NASDAQ:NTAP) Goldman Sachs Communacopia + Technology Conference 2025 September 9, 2025 6:05 PM EDT Company Participants Wissam Jabre - Executive VP & CFO Conference Call Participants Ka...
NetApp Modernizes Object Storage with Enhanced Speed, Scalability and Security
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced NetApp StorageGRID® 12.0, a scalable, software-defined object storage solution d...
NetApp named a Leader by Gartner® in the 2025 Magic Quadrant™ for Enterprise Storage Platforms
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced it has been recognized by Gartner as a Leader in the 2025 Gartner Magic Quadrant...
NetApp to Participate in J. P. Morgan's CEO Spotlight Series to Discuss Industry Dynamics Related to AI Opportunities
SAN JOSE, Calif.--(BUSINESS WIRE)--George Kurian, chief executive officer at NetApp (NASDAQ: NTAP) will participate in J. P. Morgan's CEO Spotlight Series to discuss long-term strategies and roadmaps ...
NetApp, Inc. (NTAP) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference Transcript
NetApp, Inc. (NASDAQ:NTAP) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 12:50 PM EDT Company Participants Kris Newton - VP of Corporate Communications & In...
NetApp: Cheap Valuation Offsets Execution Stumbles
Shares of NetApp stumbled after reporting Q1 results, which featured a return to decelerating billings growth. Still, the company's weaker growth rates are compensated for by a cheap valuation at ~14x...
'CROWN JEWEL' PARTNERSHIP: CEO touts partnerships with Google, NVIDIA in latest tech news
NetApp CEO George Kurian teases the company's partnership with Google Cloud and describes its data management capabilities on 'The Claman Countdown.'
Cooper Companies Posts Downbeat Sales, Joins NetApp, Urban Outfitters, Nvidia And Other Big Stocks Moving Lower In Thursday Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Thursday.
NetApp, Inc. (NTAP) Q1 2026 Earnings Call Transcript
NetApp, Inc. (NASDAQ:NTAP) Q1 2026 Earnings Conference Call August 27, 2025 5:30 PM ET Company Participants George Kurian - CEO & Director Kris Newton - VP of Corporate Communications & Investor Rela...
NetApp quarterly revenue forecast disappoints, shares fall 6%
NetApp forecast second-quarter revenue marginally ahead of estimates on Wednesday, as enterprises soften spending on cloud-based storage services in an uncertain economy, sending its shares down nearl...
NetApp Reports First 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 first quarter of fiscal year 2026 which ended on July 25...
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: Cit...