NetApp, Inc. (NTAP)

NASDAQ: NTAP · Real-Time Price · USD
119.62
-0.98 (-0.81%)
May 19, 2026, 11:04 AM EDT - Market open
Market Cap23.60B +25.7%
Revenue (ttm)6.71B +3.1%
Net Income1.21B +6.6%
EPS5.97 +10.5%
Shares Out 197.33M
PE Ratio20.21
Forward PE14.33
Dividend$2.08 (1.72%)
Ex-Dividend DateApr 2, 2026
Volume358,213
Open118.79
Previous Close120.60
Day's Range117.59 - 120.26
52-Week Range93.69 - 126.66
Beta1.27
AnalystsBuy
Price Target117.13 (-2.08%)
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 20 analysts, the average rating for NTAP stock is "Buy." The 12-month stock price target is $117.13, which is a decrease of -2.08% from the latest price.

Price Target
$117.13
(-2.08% downside)
Analyst Consensus: Buy
Stock Forecasts

News

NetApp downgraded to Mixed from Positive at BWG Global

BWG Global downgraded NetApp (NTAP) to Mixed from Positive, citing checks that point to results and outlooks having worsened at partners.

4 days ago - TheFly

NetApp, Red Hat collaborate over data protection

NetApp (NTAP) announced new NetApp data management capabilities optimized for Red Hat OpenShift that enable advanced levels of resilience and scale for virtualized environments, on-premises and in the...

6 days ago - TheFly

NetApp Collaborates with Red Hat to Help Advance Data Protection and Scale for Red Hat OpenShift Deployments

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced new NetApp data management capabilities optimized for Red Hat OpenShift that ena...

7 days ago - Business Wire

NetApp Hosts Fourth Quarter and Fiscal Year 2026 Financial Results Webcast

SAN JOSE, Calif.--(BUSINESS WIRE)--After market close on May 28, 2026, NetApp (NASDAQ: NTAP) will announce financial results for the fourth quarter and fiscal year 2026, which ended April 24, 2026. Ne...

12 days ago - Business Wire

Iterate.ai Announces Strategic Alliance with NetApp to Deliver Turnkey Private AI for Enterprises

Iterate.ai combines Generate platform with NetApp AIPod™ Mini to automate complex business processes in fully private environments Iterate.ai combines Generate platform with NetApp AIPod™ Mini to auto...

13 days ago - GlobeNewsWire

NetApp, Google Cloud partner for AI-driven operations

NetApp (NTAP) announced a strategic evolution in its partnership with Google Cloud (GOOG), which has enabled enterprises to drive AI innovation with their own data stored in the NetApp data…

Other symbols: GOOGGOOGL
27 days ago - TheFly

NetApp announces Flex Unified service for Googl Cloud NetApp Volumes

NetApp (NTAP) shared new innovations that help customers better leverage their enterprise data, by tapping into the benefits of AI with Google Cloud (GOOG). Enterprises want to use their existing…

Other symbols: GOOGGOOGL
27 days ago - TheFly

NetApp Partners with Google Cloud to Adopt AI-Driven Operations

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced a strategic evolution in its partnership with Google Cloud, which has enabled en...

27 days ago - Business Wire

NetApp Strengthens its Collaboration with Google Cloud on Unified Google Cloud Storage for File and Block

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today shared new innovations that help customers better leverage their enterprise data, by tappi...

27 days ago - Business Wire

NetApp Wins 2026 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 2026 Google Cloud Infrastructure Modernization Partner ...

27 days ago - Business Wire

NetApp expands collaboration with Google Cloud

NetApp (NTAP) expanded its collaboration with Google Cloud (GOOG) with a 4-year Enterprise Agreement to accelerate the deployment of the NetApp storage solutions within the Google Distributed Cloud ai...

Other symbols: GOOGGOOGL
4 weeks ago - TheFly

NetApp downgraded to Neutral from Overweight at JPMorgan

JPMorgan downgraded NetApp (NTAP) to Neutral from Overweight with a price target of $110, down from $125. The firm cites concerns around “muted” earnings growth for the company in fiscal…

4 weeks ago - TheFly

NetApp Collaborates with Google Cloud to Power Data Infrastructure for Distributed Cloud

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced that it has expanded its collaboration with Google Cloud with a 4-year Enterpris...

4 weeks ago - Business Wire

César Cernuda, President at NetApp, Receives Prestigious HITEC 100 Recognition for 2026

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced the inclusion of César Cernuda, President at NetApp, in the esteemed 2026 HITEC ...

5 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

Nutanix, NetApp announce strategic alliance

Nutanix (NTNX) and NetApp (NTAP) announced a collaboration to integrate NetApp Intelligent Data Infrastructure built on NetApp enterprise storage systems with the Nutanix Cloud Platform solution with ...

Other symbols: NTNX
5 weeks ago - TheFly

NetApp enters partnership with Elastio

NetApp (NTAP) and Elastio are helping enterprises enhance their cyber resilience with a layered defense that extends from production storage into recovery data. The companies are embedding Elastio’s P...

2 months ago - TheFly

NetApp, Commvault announces strategic alliance to advance cyber resilience

NetApp (NTAP) and Commvault (CVLT) announced a strategic alliance to deliver a powerful, integrated solution for enterprise data protection and cyber resilience. With this alliance, NetApp and Commvau...

Other symbols: CVLT
2 months ago - TheFly

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...

2 months 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
2 months 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...

2 months 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...

2 months ago - Business Wire

NetApp Transcript: Morgan Stanley Technology, Media & Telecom Conference 2026

Strong Q3 results were driven by growth in All-Flash Arrays, cloud, and Keystone services, with nearly 300 AI wins and expanding production workloads. Strategic focus on AI, product innovation, and disciplined capital allocation positions the business for continued growth and market share gains.

2 months ago - Transcripts

NetApp price target raised to $114 from $110 at Citi

Citi raised the firm’s price target on NetApp (NTAP) to $114 from $110 and keeps a Neutral rating on the shares.

2 months ago - TheFly

NetApp participates in a conference call with JPMorgan

IT Hardware & Networking Equipment Equity Analyst Chatterjee holds an investor 3Q26 earnings follow-up conference call with VP Newton on February 27 at 2 pm. Webcast Link Published first on…

2 months ago - TheFly