NVDA+2.54%AAPL+1.32%GOOGL−1.62%MSFT+0.20%AMZN−0.10%TSM+1.60%SPCX+7.79%META+0.47%
StockVS

NASDAQ · Software - Infrastructure · USD

NetApp, Inc. (NTAP) Stock Analysis

NetApp, Inc. (NTAP) is a Software - Infrastructure stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

NTAP

$217.21

+$7.24 (+3.45%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare NTAP with… →

NTAP Key Statistics

As of Oct 21, 2026
Trading
Open
$213.12
Previous Close
$209.97
Day's Range
211.43–217.84
52-Week Range
93.69–240.87
Volume
1.26M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.45
Valuation
Market Cap
$42.66B
P/E Ratio
30.64
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
19.47
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.33
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.77
EPS (ttm)Profit attributable to each share over the last twelve months.
7.09
Financials (FY)
Revenue (FY)
$6.93B+5.37%
Net Income (FY)
$1.28B+7.59%
Profit marginThe share of revenue left as profit after all costs and taxes.
19.18%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
196.42M
1-Year Return
+85.21%
Dividend and dates
Dividend
$2.08+0.99%
Ex-Dividend Date
October 9, 2026
Earnings Date
December 1, 2026
Avg Volume
2.50M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NTAP closed at $217.21, +85.21% over 1 year.

NetApp, Inc. (NTAP) has a market capitalization of $42.66B.

In fiscal 2025, NTAP reported revenue of $6.93B.

NTAP Stock Return by Calendar Year

NetApp, Inc. (NTAP) 10-year return: what $10,000 became

1 year
$10,000 $18,521
+85.21%
5 years
$10,000 $26,157
+161.57%
10 years
$10,000 $81,667
+716.67%

If you had invested $10,000 in NetApp, Inc. (NTAP) 10 years ago, at the close on October 21, 2016, it would have been worth $81,667 at the close on October 21, 2026: +716.67% in total, +23.37% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+105.95%
2025−5.87%
2024+34.16%
2023+51.15%
2022−32.92%
2021+42.47%
2020+10.94%
2019+7.43%
2018+9.67%
2017+59.94%
2016 (partial year)+28.90%

As of October 21, 2026.

NTAP Revenue and Earnings by Fiscal Year

FY ends April
Fiscal yearRevenueNet incomeNet margin
2025$6.93B$1.28B18.4%
2024$6.57B$1.19B18.0%
2023$6.27B$986.00M15.7%
2022$6.36B$1.27B20.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$6.93B$4.90B$1.70B$1.28B18.4%
2024$6.57B$4.61B$1.43B$1.19B18.0%
2023$6.27B$4.43B$1.27B$986.00M15.7%
2022$6.36B$4.21B$1.16B$1.27B20.0%

Annual figures as reported, in the company's reporting currency. As of April 30, 2026.

NTAP Dividend History

$2.08+2.0% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$2.084—
2025$2.084+2.0%
2024$2.044+2.0%
2023$2.004+0.0%
YearDividends per sharePaymentsChange
2026 (partial year)$2.084—
2025$2.084+2.0%
2024$2.044+2.0%
2023$2.004+0.0%
2022$2.004+2.0%
2021$1.964+2.1%
2020$1.924+9.1%
2019$1.764+46.7%
2018$1.204+53.8%
2017$0.784—

Most recent payment: $0.52 per share, ex-dividend October 9, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NTAP Valuation vs Software - Infrastructure Median

Median of 182 stocks
MetricNTAPSoftware - Infrastructure medianvs median
P/E30.6430.172% above
P/S ratio5.773.2777% above
Profit margin19.18%2.53%16.7 pts above

Medians across 182 Software - Infrastructure stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

NetApp, Inc. (NTAP) carries a market capitalisation of $42.66B. It is classified in the Software - Infrastructure industry, within the Technology sector. The company reports 11,700 employees.

The most recent close on file for NTAP is $217.21, dated October 21, 2026. That is +$7.24 (+3.45%) against the previous close. The 52-week range on file runs from $93.69 to $240.87. The latest close sits 131.84% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $6.93B. Against the prior fiscal year total of $6.57B, that is a change of +5.37%. Net income for the same year was $1.28B. That is +7.59% against the prior fiscal year. The reported profit margin is 19.18%. That is 16.7 percentage points above the Software - Infrastructure median of 2.53%. Earnings per share on a trailing basis come to 7.09.

Across the 4 fiscal years on file, revenue moves from $6.36B in 2022 to $6.93B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 30.64. That is 1.57% above the Software - Infrastructure median of 30.17. The forward P/E on file is 19.47. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.33. Measured against sales, the shares trade at 5.77 times revenue. On price-to-sales that is 76.69% above the Software - Infrastructure median of 3.27. 182 Software - Infrastructure companies report these metrics, and the medians quoted come from that group.

The reported beta is 1.45. Annualized volatility over the trailing 10 years is 36.13%. The trailing one-year total return is +85.21%. Measured over 10 years, that is +23.37% a year compounded.

Growth & Income

The trailing dividend yield is 0.99%. That is 0.4 percentage points below the Software - Infrastructure median yield of 1.42%. At the indicated rate that is $2.08 a share a year. The ex-dividend date on file is October 9, 2026. Dividends are recorded for 10 calendar years; 2026 shows 4 payments totalling $2.08 a share. The year before, 2025, totalled $2.08 a share.

So far in 2026 the total return is +105.95%. Across the complete calendar years on file, 2017 returned +59.94% and 2022 returned −32.92%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

NetApp, Inc. (NTAP) operates in the Software - Infrastructure industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
NetApp, Inc. NTAP $42.66B 30.6
Microsoft Corporation MSFT $3.96T 29.7
Palantir Technologies Inc. PLTR $484.74B 173.9
Oracle Corporation ORCL $391.46B 20.2

The Software - Infrastructure industry average P/E ratio is 30.2x. NetApp, Inc. trades at a P/E of 30.6.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Software - Infrastructure Stocks

MSFT

Microsoft Corporation

$3.96T

 PLTR

Palantir Technologies Inc.

$484.74B

 ORCL

Oracle Corporation

$391.46B

 PANW

Palo Alto Networks, Inc.

$284.05B

 CRWD

CrowdStrike Holdings, Inc.

$245.07B

 FTNT

Fortinet, Inc.

$127.70B
View all Software - Infrastructure stocks →

Popular Technology Stocks

NVDA

NVIDIA Corporation

$5.36T

 AAPL

Apple Inc.

$5.02T

 TSM

Taiwan Semiconductor Manufacturing Company Limited

$2.24T

 AVGO

Broadcom Inc.

$1.61T

 SKHY

SK hynix Inc.

$1.04T
View all Technology stocks →

About NetApp, Inc.

NetApp, Inc. develops enterprise software, systems, and services to transform data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience; and Super Micro Computer, Inc. to build integrated AI infrastructure solutions. NetApp, Inc. was incorporated in 1992 and is based in San Jose, California.

Visit website →