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NetApp Inc, Common Stock

NTAP

NSQ

$104.44

+$1.13

(1.09%)

1D
Industry: Technology Hardware, Storage & Peripherals Sector: Information Technology

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$21.55B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
23.74
Volume info-icon
This is the total number of shares traded during the most recent trading day.
1.73M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
2.86M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
1.96%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.25
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$58.22 L
$112.48 H
$104.44

About NetApp Inc, Common Stock

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 softwa...more

Industry: Technology Hardware, Storage & PeripheralsSector: Information Technology

Returns

Time FrameNTAPSectorS&P500
1-Week Return1.21%-0.49%0.27%
1-Month Return22.21%3.59%4.18%
3-Month Return18.13%9.51%10.58%
6-Month Return39%24.95%18.5%
1-Year Return70.39%45.65%33.08%
3-Year Return60.45%61.31%37.6%
5-Year Return79.96%197.61%99.2%
10-Year Return263.24%549.34%232.59%

Financials

Apr '19Apr '20Apr '21Apr '22Apr '235YR TREND
Total Revenue6.15B5.41B5.74B6.32B6.36B[{"date":"2019-04-30","value":96.6,"profit":true},{"date":"2020-04-30","value":85.07,"profit":true},{"date":"2021-04-30","value":90.29,"profit":true},{"date":"2022-04-30","value":99.31,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
Cost of Revenue2.20B1.79B1.93B2.10B2.15B[{"date":"2019-04-30","value":100,"profit":true},{"date":"2020-04-30","value":81.28,"profit":true},{"date":"2021-04-30","value":87.64,"profit":true},{"date":"2022-04-30","value":95.32,"profit":true},{"date":"2023-04-30","value":97.82,"profit":true}]
Gross Profit3.94B3.62B3.81B4.22B4.21B[{"date":"2019-04-30","value":93.48,"profit":true},{"date":"2020-04-30","value":85.85,"profit":true},{"date":"2021-04-30","value":90.4,"profit":true},{"date":"2022-04-30","value":100,"profit":true},{"date":"2023-04-30","value":99.74,"profit":true}]
Gross Margin64.19%66.94%66.42%66.79%66.16%[{"date":"2019-04-30","value":95.88,"profit":true},{"date":"2020-04-30","value":100,"profit":true},{"date":"2021-04-30","value":99.21,"profit":true},{"date":"2022-04-30","value":99.78,"profit":true},{"date":"2023-04-30","value":98.83,"profit":true}]
Operating Expenses2.76B2.69B2.88B3.02B3.05B[{"date":"2019-04-30","value":90.56,"profit":true},{"date":"2020-04-30","value":88.36,"profit":true},{"date":"2021-04-30","value":94.49,"profit":true},{"date":"2022-04-30","value":98.92,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
Operating Income1.22B945.00M1.03B1.16B1.02B[{"date":"2019-04-30","value":100,"profit":true},{"date":"2020-04-30","value":77.4,"profit":true},{"date":"2021-04-30","value":84.44,"profit":true},{"date":"2022-04-30","value":94.76,"profit":true},{"date":"2023-04-30","value":83.37,"profit":true}]
Total Non-Operating Income/Expense115.00M(8.00M)(134.00M)(128.00M)50.00M[{"date":"2019-04-30","value":100,"profit":true},{"date":"2020-04-30","value":-6.96,"profit":false},{"date":"2021-04-30","value":-116.52,"profit":false},{"date":"2022-04-30","value":-111.3,"profit":false},{"date":"2023-04-30","value":43.48,"profit":true}]
Pre-Tax Income1.27B944.00M962.00M1.09B1.07B[{"date":"2019-04-30","value":100,"profit":true},{"date":"2020-04-30","value":74.45,"profit":true},{"date":"2021-04-30","value":75.87,"profit":true},{"date":"2022-04-30","value":86.36,"profit":true},{"date":"2023-04-30","value":84.07,"profit":true}]
Income Taxes99.00M125.00M232.00M158.00M(208.00M)[{"date":"2019-04-30","value":42.67,"profit":true},{"date":"2020-04-30","value":53.88,"profit":true},{"date":"2021-04-30","value":100,"profit":true},{"date":"2022-04-30","value":68.1,"profit":true},{"date":"2023-04-30","value":-89.66,"profit":false}]
Income After Taxes1.17B819.00M730.00M937.00M1.27B[{"date":"2019-04-30","value":91.76,"profit":true},{"date":"2020-04-30","value":64.29,"profit":true},{"date":"2021-04-30","value":57.3,"profit":true},{"date":"2022-04-30","value":73.55,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
Income From Continuous Operations1.17B819.00M730.00M937.00M1.27B[{"date":"2019-04-30","value":91.76,"profit":true},{"date":"2020-04-30","value":64.29,"profit":true},{"date":"2021-04-30","value":57.3,"profit":true},{"date":"2022-04-30","value":73.55,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
Income From Discontinued Operations-----[{"date":"2019-04-30","value":"-","profit":true},{"date":"2020-04-30","value":"-","profit":true},{"date":"2021-04-30","value":"-","profit":true},{"date":"2022-04-30","value":"-","profit":true},{"date":"2023-04-30","value":"-","profit":true}]
Net Income1.17B819.00M730.00M937.00M1.27B[{"date":"2019-04-30","value":91.76,"profit":true},{"date":"2020-04-30","value":64.29,"profit":true},{"date":"2021-04-30","value":57.3,"profit":true},{"date":"2022-04-30","value":73.55,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]
EPS (Diluted)4.524.094.055.295.59[{"date":"2019-04-30","value":80.86,"profit":true},{"date":"2020-04-30","value":73.17,"profit":true},{"date":"2021-04-30","value":72.45,"profit":true},{"date":"2022-04-30","value":94.63,"profit":true},{"date":"2023-04-30","value":100,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

NTAP
Cash Ratio 0.77
Current Ratio 1.15
Quick Ratio 1.11

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

NTAP
ROA (LTM) 8.02%
ROE (LTM) 89.70%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

NTAP
Debt Ratio Lower is generally better. Negative is bad. 0.89
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.11
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 9.43

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

NTAP
Trailing PE 23.53
Forward PE 14.71
P/S (TTM) 3.45
P/B 21.13
Price/FCF 48
EV/R 3.36
EV/Ebitda 13.67
PEG NM

News

DXC Technology Adds Software and Technology Veteran Matt Fawcett to Senior Leadership Team | DXC Stock News

DXC Technology appoints Matt Fawcett as Executive Vice President and General Counsel, replacing retiring Bill Deckelman. Fawcett brings 30 years of legal experience, having worked with leading technology companies like NetApp and JDS Uniphase.

20 Mar, 2024 a 12:30 pm Stock Titan

Everything to Know About Nvidia’s New Blackwell A.I. Chips Unveiled By Jensen Huang

Nvidia, long known as a designer of graphics chips for computer game players, yesterday (March 18) jumped into the nascent A.I. business in a very big way. During his keynote address at Nvidia’s GTC developer conference in San Jose, Calif., CEO Jensen Huang laid out a vision of a world where A.I. can be used to optimize any system, physical or digital, to improve its performance. But first, you have to appreciate the magnitude of this widely anticipated event. I n the middle of the conference, a sort of tech trade show with over 20,000 attendees, the entire crowd suddenly left the San Jose Convention Center and walked nearly a half mile through downtown San Jose to the SAP Center to see Huang’s keynote address. The crowd making this trek was so massive that it blocked all downtown traffic for almost an hour. Onstage, Huang laid out one of the most ambitious and comprehensive game plans ever set forth in the technology industry. He first unveiled a next-generation processor called Blackwell , which is orders of magnitude more powerful than its predecessors.

19 Mar, 2024 a 7:01 pm OBSERVER

NetApp appoints Alessandra Yockelson its chief human resources officer

Yockelson will lead all aspects of people and organisational strategy, including talent development and growth, performance management, team engagement, recruiting, DEIB, and compensation and benefits.

19 Mar, 2024 a 8:48 am Economic Times India

NetApp announces collaboration with NVIDIA

NetApp® today announced it is collaborating with NVIDIA to advance retrieval-augmented generation (RAG) for generative AI applications. The new collaboration directly connects the just-announced NVIDIA NeMo Retriever microservices—coming to the NVIDIA AI Enterprise software platform for development and deployment of production-grade AI applications, including generative AI—to exabytes of data on NetApp’s intelligent data infrastructure. Every NetApp ONTAP® customer […] The post NetApp announces collaboration with NVIDIA appeared first on World Business Outlook .

19 Mar, 2024 a 6:57 am World Business Outlook

NetApp empowers customers to securely Talk to their Data in collaboration with NVIDIA

SYDNEY, Australia - March 19, 2024 - NetApp (NASDAQ: NTAP) today announced it iscollaborating with NVIDIA to advance retrieval-augmented generation (RAG) for generative AI applications.The new collaboration directly connects thejust-announced NVIDIA NeMo Retriever microservicescoming to theNVIDIA AI Enterprise softwareplatform for development and deployment of production-grade AI applications, including generative AIto exabytes of data on NetApp''s intelligent data infrastructure. Every NetApp ONTAPcustomer will now be able to seamlessly "talk to their data" to access proprietary business insights without having to compromise the security or privacy of their data.Enterprises want to leverage publicly available large language models to talkdirectly and securely to their corporate data with assurance that their private data will never be accessible outside the enterprise. Until now, enterprises that wanted to build internal chatbots, co-pilots, and applications that leverage corporate knowledge were faced with complexity and uncertainty about how to get started without compromising data security or privacy.NetApp and NVIDIA have developed asimple solution withNVIDIA NeMoRetrievermicroservices technology for RAG that can leverage any data stored on NetApp ONTAPon-premises and in the leading public clouds.NetApp customers can now query their data, whether spreadsheets, documents, presentations, technicaldrawings, images, meeting recordings, or even data from their ERP or CRM systems through simple prompts - all while maintaining the access control they''ve already established when storing the data."As the leader in unstructured data management, NetApp makes data infrastructure intelligent to securely turbocharge AI innovation.

19 Mar, 2024 a 5:44 am Influencing AU

NetApp Empowers Customers to Securely “Talk to Their Data” in Collaboration with NVIDIA | NTAP Stock News

NetApp collaborates with NVIDIA to enhance generative AI applications through new retrieval-augmented generation (RAG) technology, connecting to exabytes of data on NetApp''s infrastructure. The integration allows seamless access to proprietary business insights while ensuring data security and privacy.

18 Mar, 2024 a 10:00 pm Stock Titan

NetApp Appoints Technology Industry Titan Alessandra Yockelson as Chief Human Resources Officer | NTAP Stock News

NetApp (NTAP) appoints Alessandra Yockelson as Chief Human Resources Officer to drive organizational strategy and growth globally. Yockelson brings over 25 years of experience in leading global talent organizations and driving operational excellence.

18 Mar, 2024 a 12:00 pm Stock Titan

NetApp Appoints Technology Industry Titan Alessandra Yockelson as Chief Human Resources Officer

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today announced Alessandra Yockelson has joined the company as Chief Human Resources Officer, reporting to CEO, George Kurian. Alessandra will lead all aspects of people and organizational strategy, including talent development and growth, performance management, team engagement, recruiting, DEIB, and compensation and benefits. Alessandra joins NetApp from Pure Storage, where she served as Chi

18 Mar, 2024 a 12:00 pm Business Wire

FAQs

What is NetApp Inc share price today?

NetApp Inc (NTAP) share price today is $104.44

Can Indians buy NetApp Inc shares?

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Can Fractional shares of NetApp Inc be purchased?

Yes, you can purchase fractional shares of NetApp Inc (NTAP) via the Vested app. You can start investing in NetApp Inc (NTAP) with a minimum investment of $1.

How to invest in NetApp Inc shares from India?

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What is NetApp Inc 52-week high and low stock price?

The 52-week high price of NetApp Inc (NTAP) is 112.48. The 52-week low price of NetApp Inc (NTAP) is 58.22.

What is NetApp Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of NetApp Inc (NTAP) is 23.74

What is NetApp Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of NetApp Inc (NTAP) is 21.13

What is NetApp Inc dividend yield?

The dividend yield of NetApp Inc (NTAP) is 1.96%

What is the Market Cap of NetApp Inc?

The market capitalization of NetApp Inc (NTAP) is $21.55B

What is NetApp Inc’s stock symbol?

The stock symbol (or ticker) of NetApp Inc is NTAP

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