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NetApp, Inc. (NTAP)

Technology | Software - Infrastructure | San Jose, United States | NasdaqGS
163.93 USD -4.94 (-2.925%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★★☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 6:15 a.m. EDT

NetApp presents a compelling long-term story with robust revenue growth and exceptional returns on equity, yet the current valuation commands a premium that leaves little margin for error. While the stock has corrected slightly from recent highs, it remains firmly above key moving averages, indicating institutional support. The dividend yield is modest, reflecting a growth-at-a-reasonable-price profile rather than income focus. Options flow confirms a bullish outlook targeting the 180 zone, though the low statistical confidence suggests caution on timing.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.226996
AutoARIMA0.260975
AutoETS0.260978
MSTL0.261480

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 35%
H-stat 9.81
Ljung-Box p 0.000
Jarque-Bera p 0.166
Excess Kurtosis -1.01
Attribute Value
Sector Technology
Ex Dividend Date 2026-07-09
Last Dividend Date 2026-07-09
Debt to Equity Ratio 202.295
Revenue per Share 34.799
Market Cap 32,117,151,744
Trailing P/E 25.86
Forward P/E 16.65
Beta 1.45
Profit Margins 18.43%
Website https://www.netapp.com

As of July 11, 2026, 6:15 a.m. EDT: Speculators are positioning for a continued rally toward the 175 to 185 strike range, evidenced by significant open interest walls in calls at those levels. Put writers are hedging downside risks below 135, suggesting a defined floor but a bullish bias dominates the immediate term.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.31% 1.74% 1.96% 2.28%
Dividend History
Date Dividend Yield %
2026-07-10 0.520 0.307929
2026-04-02 0.520 0.503145
2026-01-02 0.520 0.488400
2025-10-03 0.520 0.438005
2025-07-03 0.520 0.484803
2025-04-04 0.520 0.683311
2025-01-03 0.520 0.444672
2024-10-04 0.520 0.421428
2024-07-05 0.520 0.402820
2024-04-04 0.500 0.477099
2024-01-04 0.500 0.580990
2023-10-05 0.500 0.662076
2023-07-06 0.500 0.660240
2023-04-05 0.500 0.796052
2023-01-05 0.500 0.815262
2022-10-06 0.500 0.746269
2022-07-07 0.500 0.771724
2022-04-07 0.500 0.634437
2022-01-06 0.500 0.536251
2021-10-07 0.500 0.548546
2021-07-08 0.500 0.612670
2021-04-08 0.480 0.651466
2021-01-07 0.480 0.735745
2020-10-08 0.480 1.037614
2020-07-09 0.480 1.135289
2020-04-02 0.480 1.214268
2020-01-02 0.480 0.764697
2019-10-03 0.480 0.933489
2019-07-03 0.480 0.768123
2019-04-04 0.400 0.559519
2019-01-03 0.400 0.695894
2018-10-04 0.400 0.476701
2018-07-05 0.400 0.514271
2018-04-05 0.200 0.317965
2018-01-04 0.200 0.345961
2017-10-05 0.200 0.448934
2017-07-05 0.200 0.504286
2017-04-05 0.190 0.464548
2017-01-04 0.190 0.532959
2016-10-05 0.190 0.543789
2016-07-14 0.190 0.751285
2016-04-06 0.180 0.677711
2016-01-06 0.180 0.729040
2015-10-07 0.180 0.570885
2015-07-08 0.180 0.588235
2015-04-08 0.165 0.460637
2015-01-07 0.165 0.415303
2014-10-08 0.165 0.410040
2014-07-08 0.165 0.449224
2014-04-08 0.150 0.405405
2014-01-07 0.150 0.367467
2013-10-17 0.150 0.369094
2013-07-09 0.150 0.387898
Additional Data
dividendRate 2.08
dividendYield 1.23
exDividendDate 2026-07-10
trailingAnnualDividendRate 2.08
trailingAnnualDividendYield 0.012317167
lastDividendValue 0.52
lastDividendDate 2026-07-10
dividendDate 2026-07-29

Info Dump

Attribute Value
52 Week Change 0.61335623
Address1 3,060 Olsen Drive
All Time High 192.83
All Time Low 1.078125
Ask 171.72
Ask Size 1
Audit Risk 1
Average Analyst Rating 2.4 - Buy
Average Daily Volume10 Day 3,174,880
Average Daily Volume3 Month 3,181,614
Average Volume 3,181,614
Average Volume10Days 3,174,880
Beta 1.451
Bid 154.4
Bid Size 1
Board Risk 3
Book Value 6.893
City San Jose
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 163.93
Current Ratio 1.436
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 168.525
Day Low 160.5001
Debt To Equity 202.295
Display Name NetApp
Dividend Date 1,785,283,200
Dividend Rate 2.08
Dividend Yield 1.23
Earnings Call Timestamp End 1,780,003,800
Earnings Call Timestamp Start 1,780,003,800
Earnings Growth 0.234
Earnings Quarterly Growth 0.188
Earnings Timestamp 1,779,998,400
Earnings Timestamp End 1,779,998,400
Earnings Timestamp Start 1,779,998,400
Ebitda 1,884,000,000
Ebitda Margins 0.27206
Enterprise To Ebitda 16.596
Enterprise To Revenue 4.515
Enterprise Value 31,266,154,496
Eps Current Year 8.90464
Eps Forward 9.84372
Eps Trailing Twelve Months 6.34
Esg Populated 0
Ex Dividend Date 1,783,641,600
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 145.7196
Fifty Day Average Change 18.210388
Fifty Day Average Change Percent 0.12496869
Fifty Two Week Change Percent 61.335625
Fifty Two Week High 192.83
Fifty Two Week High Change -28.90001
Fifty Two Week High Change Percent -0.14987299
Fifty Two Week Low 93.69
Fifty Two Week Low Change 70.23999
Fifty Two Week Low Change Percent 0.7497063
Fifty Two Week Range 93.69 - 192.83
Financial Currency USD
First Trade Date Milliseconds 816,964,200,000
Five Year Avg Dividend Yield 2.29
Float Shares 194,556,324
Forward Eps 9.84372
Forward P E 16.653255
Free Cashflow 1,295,250,048
Full Exchange Name NasdaqGS
Full Time Employees 11,700
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.70744
Gross Profits 4,898,999,808
Has Pre Post Market Data 1
Held Percent Insiders 0.00556
Held Percent Institutions 1.05889
Implied Shares Outstanding 195,919,927
Industry Software - Infrastructure
Industry Disp Software - Infrastructure
Industry Key software-infrastructure
Ir Website http://investors.netapp.com/
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,783,641,600
Last Dividend Value 0.52
Last Fiscal Year End 1,776,988,800
Last Split Date 953,769,600
Last Split Factor 2:1
Long Business Summary NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their 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 help customers 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. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
Long Name NetApp, Inc.
Market us_market
Market Cap 32,117,151,744
Market State PRE
Max Age 86,400
Message Board Id finmb_32052
Most Recent Quarter 1,776,988,800
Net Income To Common 1,276,000,000
Next Fiscal Year End 1,808,524,800
Non Diluted Market Cap 32,117,153,633
Number Of Analyst Opinions 16
Open 166.51
Operating Cashflow 2,067,000,064
Operating Margins 0.27259
Overall Risk 2
Payout Ratio 0.32759997
Peg Ratio 1.86
Phone 408 822 6000
Pre Market Change 1.1500092
Pre Market Change Percent 0.70152456
Pre Market Price 165.08
Pre Market Time 1,784,028,635
Previous Close 168.87
Price Eps Current Year 18.409502
Price Hint 2
Price To Book 23.782097
Price To Sales Trailing12 Months 4.6378555
Profit Margins 0.18426001
Quick Ratio 1.211
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.4
Region US
Regular Market Change -4.94
Regular Market Change Percent -2.92533
Regular Market Day High 168.525
Regular Market Day Low 160.5001
Regular Market Day Range 160.5001 - 168.525
Regular Market Open 166.51
Regular Market Previous Close 168.87
Regular Market Price 163.93
Regular Market Time 1,783,972,800
Regular Market Volume 2,567,249
Return On Assets 0.09824
Return On Equity 1.06734
Revenue Growth 0.125
Revenue Per Share 34.799
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 3
Shares Outstanding 195,919,927
Shares Percent Shares Out 0.076799996
Shares Short 15,037,225
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 21,473,487
Short Name NetApp, Inc.
Short Percent Of Float 0.0888
Short Ratio 4.61
Source Interval 15
State CA
Symbol NTAP
Target High Price 200.0
Target Low Price 137.0
Target Mean Price 175.6875
Target Median Price 180.0
Total Cash 3,584,000,000
Total Cash Per Share 18.293
Total Debt 2,732,999,936
Total Revenue 6,925,000,192
Tradeable 0
Trailing Annual Dividend Rate 2.08
Trailing Annual Dividend Yield 0.012317167
Trailing Eps 6.34
Trailing P E 25.856464
Trailing Peg Ratio 1.8054
Triggerable 1
Two Hundred Day Average 117.36725
Two Hundred Day Average Change 46.562744
Two Hundred Day Average Change Percent 0.3967269
Type Disp Equity
Volume 2,567,249
Website https://www.netapp.com
Zip 95,128