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Technology - Computer Hardware - NASDAQ - US
$ 106.25
0.81 %
$ 21.9 B
Market Cap
18.45
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one NTAP stock under the worst case scenario is HIDDEN Compared to the current market price of 106 USD, NetApp, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one NTAP stock under the base case scenario is HIDDEN Compared to the current market price of 106 USD, NetApp, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one NTAP stock under the best case scenario is HIDDEN Compared to the current market price of 106 USD, NetApp, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart NTAP

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$130.0$130.0$125.0$125.0$120.0$120.0$115.0$115.0$110.0$110.0$105.0$105.0$100.0$100.0$95.0$95.0$90.0$90.0$85.0$85.0$80.0$80.0$75.0$75.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '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.
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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.
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Revenue 6.27 B
Cost Of Revenue 1.84 B
Gross Profit 4.43 B
Operating Expenses 3.22 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.
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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.
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Wall Street analysts predict an average 1-year price target for NTAP of $124 , with forecasts ranging from a low of $65 to a high of $150 .
NTAP Lowest Price Target Wall Street Target
65 USD -38.82%
NTAP Average Price Target Wall Street Target
124 USD 16.50%
NTAP Highest Price Target Wall Street Target
150 USD 41.18%
Price
Max Price Target
Min Price Target
Average Price Target
1501501401401301301201201101101001009090808070706060Jul '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 '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
0.41% DIVIDEND YIELD
0.52 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.5002.5002.0002.0001.5001.5001.0001.0000.5000.5000.0000.0000.1650.180.190.20.40.480.480.50.50.50.520.1650.180.190.20.40.480.480.50.50.50.520.180.190.20.40.480.480.50.50.50.520.520.180.690.190.740.20.780.41.200.481.760.481.920.51.960.52.000.52.000.522.041.562015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership NetApp, Inc.
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Sold
0-3 MONTHS
3.43 M USD 4
3-6 MONTHS
12.6 M USD 5
6-9 MONTHS
8.89 M USD 6
9-12 MONTHS
10.4 M USD 5
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
NetApp, Inc. (NTAP) is Attracting Investor Attention: Here is What You Should Know NetApp (NTAP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects. zacks.com - 1 week ago
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, yet hasn't translated increased debt into accelerated revenue growth. Valuation metrics suggest NTAP is fairly valued, with a DCF-based target price of $99.82, supporting a HOLD rating at current levels. seekingalpha.com - 2 weeks ago
NetApp's Q4 Earnings & Revenues Beat Estimates, Rise Y/Y, Stock Down NTAP fourth-quarter earnings & revenues top estimates and rise Y/Y. Shares fall 4.8% on cautious FY2026 outlook and weaker first-quarter guidance. zacks.com - 2 weeks ago
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 and Chief Financial Officer Conference Call Participants Tim Long - Barclays Samik Chatterjee - JPMorgan Wamsi Mohan - Bank of America Meta Marshall - Morgan Stanley David Vogt - UBS Mike Cadiz - Citigroup Param Singh - Oppenheimer Krish Sankar - TD Cowen Mehdi Hosseini - SIG Steven Fox - Fox Advisors Jason Ader - William Blair Simon Leopold - Raymond James Ananda Baruah - Loop Capital Nehal Chokshi - Northland Capital Markets Lou Miscioscia - Daiwa Operator Good day, and welcome to the NetApp Fourth Quarter and Fiscal Year 2025 Earnings Call. All participants will be in a listen-only mode. seekingalpha.com - 2 weeks ago
NetApp (NTAP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for NetApp (NTAP) give insight into how the company performed in the quarter ended April 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 weeks ago
NetApp (NTAP) Tops Q4 Earnings and Revenue Estimates NetApp (NTAP) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $1.80 per share a year ago. zacks.com - 2 weeks ago
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 April 25, 2025. “Fiscal Year 2025 marked many revenue and profitability records, driven by significant market share gains in all-flash storage and accelerating growth in our first party and marketplace storage services. During the year, we refreshed our entire systems portfolio, sharpened the focus of. businesswire.com - 2 weeks ago
Why NetApp (NTAP) is a Top Momentum Stock for the Long-Term Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. zacks.com - 2 weeks ago
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: BofA Global Technology Conference George Kurian, CEO June 3, 2025 Presentation time: 2:40 – 3:10 p.m. Pacific Time Baird 2025 Global Consumer, Technology & Services Conference Kris Newton, VP, Investor Relations June 4, 2025 Presentation time: 3:10 – 3:40 p.m. Eastern Time Nasdaq Cesar Cernuda, P. businesswire.com - 2 weeks ago
How Will NetApp's Stock React To Its Upcoming Earnings? Note: NTAP FY'2025 concluded in April forbes.com - 3 weeks ago
NetApp Gears Up to Post Q4 Earnings: What's in the Offing? NTAP's fiscal Q4 performance is likely to have benefited from strength across its all-flash storage products amid forex woes and the global Public sector downtrend. zacks.com - 3 weeks ago
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 in their upcoming earnings reports. benzinga.com - 3 weeks ago
8. Profile Summary

NetApp, Inc. NTAP

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COUNTRY US
INDUSTRY Computer Hardware
MARKET CAP $ 21.9 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. Daniel De Lorenzo Vice President, Controller & Chief Accounting Officer Mr. Wissam G. Jabre C.F.A. Executive Vice President & Chief Financial Officer Ms. Kris Newton Vice President of Corporate Communications & Investor Relations Ms. Gabrielle Boko Chief Marketing Officer Ms. Elizabeth M. O'Callahan J.D. EVice President, Chief Administrative Officer & Corporate Secretary Mr. Octavian Tanase Senior Vice President of Engineering - Hybrid Cloud Group Mr. Gus Shahin Executive Vice President of Business Technology & Operations Mr. George Kurian Chief Executive Officer & Director Mr. Cesar Cernuda Rego President Mr. Harvinder S. Bhela Executive Vice President & Chief Product Officer