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NASDAQ: NTAP
Netapp Inc Stock

$100.14-0.77 (-0.76%)
Updated Apr 18, 2024
NTAP Price
$100.14
Fair Value Price
$63.67
Market Cap
$20.67B
52 Week Low
$60.92
52 Week High
$112.48
P/E
22.3x
P/B
20.79x
P/S
2.94x
PEG
1.62x
Dividend Yield
2%
Revenue
$6.18B
Earnings
$940.00M
Gross Margin
70.1%
Operating Margin
19.37%
Profit Margin
15.2%
Debt to Equity
8.43
Operating Cash Flow
$1B
Beta
1.07
Next Earnings
May 30, 2024
Ex-Dividend
Apr 4, 2024
Next Dividend
Apr 24, 2024

NTAP Overview

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.

Zen Score

Industry Average (29)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how NTAP scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

NTAP ($100.14) is overvalued by 57.27% relative to our estimate of its Fair Value price of $63.67 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
NTAP ($100.14) is not significantly undervalued (57.27%) relative to our estimate of its Fair Value price of $63.67 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
NTAP ($100.14) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more NTAP due diligence checks available for Premium users.

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NTAP News

Valuation

NTAP fair value

Fair Value of NTAP stock based on Discounted Cash Flow (DCF)
Price
$100.14
Fair Value
$63.67
Overvalued by
57.27%
NTAP ($100.14) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
NTAP ($100.14) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
NTAP ($100.14) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

NTAP price to earnings (PE)

For valuing profitable companies with steady earnings
Company
22.3x
Industry
40.91x
Market
41.33x
NTAP is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
NTAP is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

NTAP price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
20.79x
Industry
13.52x
NTAP is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NTAP price to earnings growth (PEG)

For valuing profitable companies with growth potential
NTAP is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

NTAP's financial health

Profit margin

Revenue
$1.6B
Net Income
$313.0M
Profit Margin
19.5%
NTAP's Earnings (EBIT) of $1.20B... subscribe to Premium to read more.
Interest Coverage Financials
NTAP's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$9.4B
Liabilities
$8.4B
Debt to equity
8.43
NTAP's short-term assets ($4.33B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NTAP's long-term liabilities ($4.61B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NTAP's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
NTAP's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$484.0M
Investing
-$437.0M
Financing
-$178.0M
NTAP's operating cash flow ($1.31B)... subscribe to Premium to read more.
Debt Coverage Financials

NTAP vs Computer Hardware Stocks

TickerMarket Cap1d %P/EP/B
NTAP$20.67B-0.76%22.30x20.79x
WDC$22.26B-2.64%-9.46x2.21x
STX$17.48B-0.90%-23.77x-9.64x
PSTG$16.84B-0.96%259.10x13.26x
HPQ$27.09B-0.25%7.98x-16.52x

Netapp Stock FAQ

What is Netapp's quote symbol?

(NASDAQ: NTAP) Netapp trades on the NASDAQ under the ticker symbol NTAP. Netapp stock quotes can also be displayed as NASDAQ: NTAP.

If you're new to stock investing, here's how to buy Netapp stock.

What is the 52 week high and low for Netapp (NASDAQ: NTAP)?

(NASDAQ: NTAP) Netapp's 52-week high was $112.48, and its 52-week low was $60.92. It is currently -10.97% from its 52-week high and 64.38% from its 52-week low.

How much is Netapp stock worth today?

(NASDAQ: NTAP) Netapp currently has 206,376,661 outstanding shares. With Netapp stock trading at $100.14 per share, the total value of Netapp stock (market capitalization) is $20.67B.

Netapp stock was originally listed at a price of $4.44 in Dec 31, 1997. If you had invested in Netapp stock at $4.44, your return over the last 26 years would have been 2,156.42%, for an annualized return of 12.73% (not including any dividends or dividend reinvestments).

How much is Netapp's stock price per share?

(NASDAQ: NTAP) Netapp stock price per share is $100.14 today (as of Apr 18, 2024).

What is Netapp's Market Cap?

(NASDAQ: NTAP) Netapp's market cap is $20.67B, as of Apr 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Netapp's market cap is calculated by multiplying NTAP's current stock price of $100.14 by NTAP's total outstanding shares of 206,376,661.
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