NetApp, Inc. (NTAP)
Market Cap | 23.40B |
Revenue (ttm) | 6.59B |
Net Income (ttm) | 1.17B |
Shares Out | 199.62M |
EPS (ttm) | 5.66 |
PE Ratio | 20.71 |
Forward PE | 14.56 |
Dividend | $2.08 (1.77%) |
Ex-Dividend Date | Jul 3, 2025 |
Volume | 4,683,747 |
Open | 108.61 |
Previous Close | 112.13 |
Day's Range | 108.61 - 117.42 |
52-Week Range | 71.84 - 135.45 |
Beta | 1.44 |
Analysts | Buy |
Price Target | 122.50 (+4.5%) |
Earnings Date | Aug 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]
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 15 analysts, the average rating for NTAP stock is "Buy." The 12-month stock price target is $122.5, which is an increase of 4.50% from the latest price.
News
'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...

NetApp Stock: Will The 60% Post-Earnings Rally Trend Hold Post Q1?
Note: NTAP FY'2025 concluded in April

Red River receives NetApp North America Civilian Partner of the Year Award for FY'25
CHANTILLY, Va.--(BUSINESS WIRE)--Red River has been named the NetApp North America Civilian Partner of the Year.

NetApp Recognizes Winners of 2025 North America Partner Awards
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the winners of its North America Partner Awards for Fiscal Year 2025 (FY'25). Ne...

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...

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...

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...

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...

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 ®...

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...

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...

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...

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,...