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NetApp Inc, Common Stock

NTAP

NSQ

$108.5

+$0.32

(0.3%)

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.
$22.39B
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.
24.66
Volume info-icon
This is the total number of shares traded during the most recent trading day.
1.70M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
1.63M
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).
1.85%
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.
1.26
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).
$61.84 L
$111.95 H
$108.5

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 software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. In addition, it 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, and cloud operations services, such as NetApp Cloud Insights, Spot by NetApp, and Instaclustr. Further, 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. Additionally, 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 markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California. more

Industry: Technology Hardware, Storage & PeripheralsSector: Information Technology

Returns

Time FrameNTAPSectorS&P500
1-Week Return3.69%1.1%1.74%
1-Month Return5.75%0.03%1.16%
3-Month Return20.24%-0.55%4.18%
6-Month Return42.14%14.51%18.97%
1-Year Return75.61%35.97%28.01%
3-Year Return48.83%55.01%30.32%
5-Year Return83.57%182.59%96.32%
10-Year Return316.97%535.53%230.23%

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 24.64
Forward PE 14.71
P/S (TTM) 3.40
P/B 21.14
Price/FCF 50
EV/R 3.36
EV/Ebitda 13.67
PEG NM

News

New Market Research Finds Up to 20% of AI Initiatives Fail Without Intelligent Data Infrastructure

NetApp sponsored research by leading market research firm identifies key components of implementing successful AI initiatives, citing data infrastructure as foundational to scaling AI responsibly SAN JOSE, Calif. — NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today unveiled insights from its latest report on the evolving landscape of AI in the enterprise. The IDC […]

7 May, 2024 a 12:19 pm Financial Post

NetApp Appoints Market Growth and Revenue Operations Leader, Dallas Olson to Chief Commercial Officer Role

NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, today announced Dallas Olson as the company’s new Chief Commercial Officer, reporting to NetApp’s President, César Cernuda. Olson brings over 25 years of experience building high-performance teams responsible for planning, operations, enablement, engagement, and go-to-market strategies. As NetApp’s CCO, Olson will oversee Jetzt den vollständigen Artikel lesen

6 May, 2024 a 3:30 pm Wallstreet:Online

3 Little-Known Stocks That Have the Potential to Bring You Big Profits

As an investor, I am as confused as the market right now. Inflation data is coming in hot and the rate cuts have been pushed. Furthermore, the market can’t decide whether to rejoice in strong earnings or pull back due to inflation. 2024 started on a high note with both S&P 500 and Nasdaq hitting new highs. However, the past few weeks haven’t been the same. The tech earnings week managed to provide relief. And since several companies are yet to report results, we could see an improvement in the market movement. Some of the most popular stocks are already trading at a premium. But, to take home big profits, you need to dive into the pool of stocks in search of little-known companies with strong upside potential. Many times, these small companies work in some of the biggest areas of the economy, producing steady earnings growth. They aren’t the most popular or exciting. Hence, they get little attention. With that in mind, let’s take a look at the three undervalued stocks that can generate big profits for you.

30 Apr, 2024 a 6:31 pm InvestorPlace

NetApp’s 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally

Study highlights the divide between AI leaders and AI laggards illustrating value of unified data approach SAN JOSE, Calif. — NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today released its second annual Cloud Complexity Report. The report analyzes the experiences of global technology decision makers deploying AI at scale and shows a stark contrast […]

23 Apr, 2024 a 12:24 pm Financial Post

NetApp Inc CEO George Kurian Sells 8,500 Shares

NetApp Inc CEO George Kurian Sells 8,500 Shares

18 Apr, 2024 a 5:40 am GuruFocus

NetApp Partners with Google Cloud to Maximise Flexibility for Cloud Data Storage

NetApp, the intelligent data infrastructure company, today announced an expansion of its partnership with Google Cloud to make it easier for organisations to leverage their data for generative AI (GenAI) and other hybrid cloud workloads The post NetApp Partners with Google Cloud to Maximise Flexibility for Cloud Data Storage appeared first on CRN - India .

12 Apr, 2024 a 8:31 am CRN India

NetApp and Google Cloud enhance data infrastructure for Generative AI

NetApp (NASDAQ: NTAP), a leader in intelligent data infrastructure, has announced an expansion of its partnership with Google Cloud. This collaboration aims to simplify the utilization of data for generative AI (GenAI) and other hybrid cloud workloads through significant enhancements to the Google Cloud NetApp Volumes. At the forefront of this announcement is the introduction […]

12 Apr, 2024 a 2:55 am Business News Today

FAQs

What is NetApp Inc share price today?

NetApp Inc (NTAP) share price today is $108.5

Can Indians buy NetApp Inc shares?

Yes, Indians can buy shares of NetApp Inc (NTAP) on Vested. To buy NetApp Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in NTAP stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

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?

You can invest in shares of NetApp Inc (NTAP) via Vested in three simple steps:

  • Click on Sign Up or Invest in NTAP stock at the top of this page
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  • Transfer USD funds to your US Brokerage account and start investing in NetApp Inc shares
What is NetApp Inc 52-week high and low stock price?

The 52-week high price of NetApp Inc (NTAP) is $111.95. The 52-week low price of NetApp Inc (NTAP) is $61.84.

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

The price-to-earnings (P/E) ratio of NetApp Inc (NTAP) is 24.66

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

The price-to-book (P/B) ratio of NetApp Inc (NTAP) is 21.14

What is NetApp Inc dividend yield?

The dividend yield of NetApp Inc (NTAP) is 1.85%

What is the Market Cap of NetApp Inc?

The market capitalization of NetApp Inc (NTAP) is $22.39B

What is NetApp Inc’s stock symbol?

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

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