Technology
NetApp, Inc.(NTAP)
Live Price
Offline$158.31
-0.88% today
1Y Change
+50.51%
Window
Jun 25, 2025 โ Jun 22, 2026
- Market Cap
- $22.20B
- Revenue Growth
- +4.9%
- EPS Growth
- +22.6%
- Dividend Yield
- 1.9%
Coverage: 248 bars ยท Jun 25, 2025 โ Jun 22, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
NetApp, Inc. (NTAP) is a Technology stock with a market cap of $22.20B and listed on NASDAQ. The stock last traded around $158.31 and up 50.5% across the available one-year price window (Jun 25, 2025 โ Jun 22, 2026). Baseline metrics include revenue growth of +4.9%, EPS growth of +22.6%, a dividend yield of 1.9%. What stands out right now is revenue +4.9%, EPS +22.6%, free cash flow -12.5% with operating margin 22.2% and ROIC 18.9%. The dividend is present but secondary, with a yield around 1.9%. Valuation is more restrained than many high-expectation growth names at P/E 18.3 and price/sales 3.3. Stock Foundry combines NTAP price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Technology peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
+4.9% vs +11.9% peer median
Operating Margin
Near sector median
+22.2% vs +22.0% peer median
P/E
Near sector median
18.3 vs 18.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 28, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +4.9% and EPS at +22.6%, with operating margin around 22.2%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 1.9%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +10.5% over the next 5 trading days and finished higher after 3 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 28, 2026 | โ | +22.4% | +25.6% | โ |
2026 Feb 26, 2026 | +2.9% | -0.1% | +3.0% | +5.4% |
2025 Nov 25, 2025 | +9.0% | -2.0% | +2.9% | -1.3% |
Benchmark Edge
NTAP vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
NTAP
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
NTAP Max Drawdown
-25.52%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for NTAP and SPY.
Company Overview
NetApp, Inc.
NASDAQ Global Select
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.
- Leadership
- George Kurian
- IPO Date
- Nov 21, 1995
- Employees
- 11.8k
- Street Address
- 3060 Olsen Drive
- Mailing
- San Jose, CA, 95128
- Region
- San Jose, CA, US
- Reporting Currency
- USD
- Investor Line
- 408 822 6000
- Last Updated
- May 2, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 18.3
- EV/EBITDA
- 13.0
- Price/Sales
- 3.3
- Price/Book
- 19.2
Growth
- Revenue
- +4.9%
- EPS
- +22.6%
- Free Cash Flow
- -12.5%
Profitability
- Gross Margin
- 70.5%
- Operating Margin
- 22.2%
- Net Margin
- 18.1%
- ROE
- 116.6%
- ROIC
- 18.9%
Balance Sheet
- Debt/Equity
- 2.36
- Current Ratio
- 1.37
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.