image
Technology - Computer Hardware - NASDAQ - US
$ 77.07
1.27 %
$ 15.9 B
Market Cap
14.27
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one NTAP stock under the worst case scenario is HIDDEN Compared to the current market price of 77.1 USD, NetApp, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one NTAP stock under the base case scenario is HIDDEN Compared to the current market price of 77.1 USD, NetApp, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one NTAP stock under the best case scenario is HIDDEN Compared to the current market price of 77.1 USD, NetApp, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart NTAP

image
$130.0$130.0$120.0$120.0$110.0$110.0$100.0$100.0$90.0$90.0$80.0$80.0$70.0$70.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
6.27 B REVENUE
-1.48%
1.21 B OPERATING INCOME
19.25%
986 M NET INCOME
-22.61%
1.68 B OPERATING CASH FLOW
52.21%
-735 M INVESTING CASH FLOW
47.12%
-1.34 B FINANCING CASH FLOW
11.17%
1.64 B REVENUE
-1.03%
362 M OPERATING INCOME
4.93%
299 M NET INCOME
0.00%
385 M OPERATING CASH FLOW
266.67%
-53 M INVESTING CASH FLOW
-9.40%
-289 M FINANCING CASH FLOW
65.68%
Balance Sheet NetApp, Inc.
image
Current Assets 4.9 B
Cash & Short-Term Investments 3.26 B
Receivables 1.01 B
Other Current Assets 632 M
Non-Current Assets 4.99 B
Long-Term Investments 117 M
PP&E 851 M
Other Non-Current Assets 4.02 B
32.95 %10.19 %6.39 %8.61 %40.68 %Total Assets$9.9b
Current Liabilities 4.11 B
Accounts Payable 517 M
Short-Term Debt 440 M
Other Current Liabilities 3.15 B
Non-Current Liabilities 4.64 B
Long-Term Debt 2.21 B
Other Non-Current Liabilities 2.42 B
5.91 %5.03 %36.03 %25.31 %27.72 %Total Liabilities$8.7b
EFFICIENCY
Earnings Waterfall NetApp, Inc.
image
Revenue 6.27 B
Cost Of Revenue 1.84 B
Gross Profit 4.43 B
Operating Expenses 3.16 B
Operating Income 1.21 B
Other Expenses 228 M
Net Income 986 M
7b7b6b6b5b5b4b4b3b3b2b2b1b1b006b(2b)4b(3b)1b(228m)986mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
70.72% GROSS MARGIN
70.72%
19.37% OPERATING MARGIN
19.37%
15.73% NET MARGIN
15.73%
86.04% ROE
86.04%
9.97% ROA
9.97%
15.23% ROIC
15.23%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis NetApp, Inc.
image
2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m00201620162017201720182018201920192020202020212021202220222023202320242024
Net Income 986 M
Depreciation & Amortization 255 M
Capital Expenditures -155 M
Stock-Based Compensation 357 M
Change in Working Capital 2 M
Others -38 M
Free Cash Flow 1.53 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets NetApp, Inc.
image
Wall Street analysts predict an average 1-year price target for NTAP of $130 , with forecasts ranging from a low of $65 to a high of $155 .
NTAP Lowest Price Target Wall Street Target
65 USD -15.66%
NTAP Average Price Target Wall Street Target
130 USD 68.35%
NTAP Highest Price Target Wall Street Target
155 USD 101.12%
Price
Max Price Target
Min Price Target
Average Price Target
1601601501501401401301301201201101101001009090808070706060May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.41% DIVIDEND YIELD
0.52 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.5002.5002.0002.0001.5001.5001.0001.0000.5000.5000.0000.0000.1650.180.190.20.40.480.480.50.50.50.520.1650.180.190.20.40.480.480.50.50.50.520.180.190.20.40.480.480.50.50.50.520.180.690.190.740.20.780.41.200.481.760.481.920.51.960.52.000.52.000.522.041.042015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Download SVG
Download PNG
Download CSV
5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership NetApp, Inc.
image
Sold
0-3 MONTHS
7.8 M USD 5
3-6 MONTHS
11.1 M USD 6
6-9 MONTHS
7.37 M USD 6
9-12 MONTHS
12.9 M USD 6
Bought
500 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Investors Heavily Search NetApp, Inc. (NTAP): Here is What You Need to Know NetApp (NTAP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. zacks.com - 2 weeks ago
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 Directors. This brings the number of directors on the NetApp Board of Directors to ten, nine of whom are independent and 40% of whom have been appointed within the last five years. “I am delighted to welcome Frank to our Board,” said George Kurian, Chief Executive Officer at NetApp. “Frank's impres. businesswire.com - 3 weeks ago
NTAP & NVDA Power Agentic AI With Intelligent Data Infrastructure NetApp partners with NVIDIA to transform AI data infrastructure with the NVIDIA AI Data Platform. zacks.com - 1 month ago
Here is What to Know Beyond Why NetApp, Inc. (NTAP) is a Trending Stock Recently, Zacks.com users have been paying close attention to NetApp (NTAP). This makes it worthwhile to examine what the stock has in store. zacks.com - 1 month ago
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 number of challenging deals closing in the current quarter. While acknowledging sales slowdown risks, these risks are also priced in to NTAP's very appealing ~13x forward P/E ratio. seekingalpha.com - 1 month ago
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 with NetApp ONTAP® for environments powering AI training and inferencing. For the first time, with NetApp, customers can now get the benefits of validated configurations and architectures for NVIDIA—including NVIDIA DGX SuperPOD, NVIDIA Cloud Partners, and NVIDIA-Certified Storage—combined with the ri. businesswire.com - 1 month ago
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 infrastructure that taps the NVIDIA AI Data Platform reference design. By collaborating with NVIDIA, NetApp is enabling businesses to better leverage their data to fuel AI reasoning inference. In the era of intelligence, businesses need to rethink their data strategies to turn rapidly growing data estates. businesswire.com - 1 month ago
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 Notes due 2032 that will bear interest at 5.50% per annum and $625 million in aggregate principal amount of its 5.70% Senior Notes due 2035 that will bear interest at 5.70% per annum. The offering is expected to close, subject to the satisfaction of customary closing conditions, on March 17, 2025. Ne. businesswire.com - 1 month ago
Is Trending Stock NetApp, Inc. (NTAP) a Buy Now? Recently, Zacks.com users have been paying close attention to NetApp (NTAP). This makes it worthwhile to examine what the stock has in store. zacks.com - 1 month ago
NetApp's Q3 Earnings Meet Estimates, Stock Tanks on Lowered Guidance NTAP's fiscal third-quarter performance gains from momentum in all-flash, first-party and marketplace cloud storage services. It lowers its revenue outlook for fiscal 2025. zacks.com - 1 month ago
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. youtube.com - 1 month ago
8. Profile Summary

NetApp, Inc. NTAP

image
COUNTRY US
INDUSTRY Computer Hardware
MARKET CAP $ 15.9 B
Dividend Yield 0.41%
Description NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
Contact 3060 Olsen Drive, San Jose, CA, 95128 https://www.netapp.com
IPO Date Nov. 21, 1995
Employees 11800
Officers Mr. Octavian Tanase Senior Vice President of Engineering - Hybrid Cloud Group Ms. Elizabeth M. O'Callahan J.D. EVice President, Chief Administrative Officer & Corporate Secretary Mr. Daniel De Lorenzo Vice President, Controller & Chief Accounting Officer Ms. Kris Newton Vice President of Corporate Communications & Investor Relations Mr. Gus Shahin Executive Vice President of Business Technology & Operations Ms. Gabrielle Boko Chief Marketing Officer Mr. Wissam G. Jabre C.F.A. Executive Vice President & Chief Financial Officer Mr. Harvinder S. Bhela Executive Vice President & Chief Product Officer Mr. Cesar Cernuda Rego President Mr. George Kurian Chief Executive Officer & Director