| Indicators | Browse All

NetApp, Inc. (NTAP)

Technology | Software - Infrastructure | San Jose, United States | NasdaqGS
187.02 USD -3.62 (-1.899%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 186.61 -0.41 (-0.413%) ⇩ (Aug. 28, 2026, 7:54 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★★☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 4:39 a.m. EDT

NetApp presents a compelling long-term case despite recent headwinds. The business is generating robust earnings growth of 23% and revenue expansion of 12.5%, supported by healthy margins and a fortress-like cash position that outweighs its debt load. While the stock price dipped 16% last year, this is a single-year anomaly rather than a structural decline, and the forward P/E of 19x offers a more attractive entry point than the trailing 30x. The 2025 price pullback appears to be a market correction rather than a fundamental deterioration. On the short end, momentum is recovering with the price trading well above its 50-day and 200-day averages. Options activity highlights a bullish bias with significant open interest at the $220 strike, suggesting traders see upside potential, though the $150 put wall provides a safety net. The dividend yield is modest at 1%, serving more as a retention tool than an income driver. Investors should view this as a growth play with a temporary discount, rather than a value trap.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.093646
AutoTheta0.211968
MSTL0.379524
AutoARIMA0.383146

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 42%
H-stat 0.29
Ljung-Box p 0.000
Jarque-Bera p 0.091
Excess Kurtosis -0.05
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 36,640,944,128
Trailing P/E 30.02
Forward P/E 18.62
Beta 1.43
Profit Margins 18.43%
Website https://www.netapp.com

As of Aug. 22, 2026, 4:39 a.m. EDT: Speculators are positioning for a range between $150 and $220. Call volume spikes at the $250 strike suggest a bullish breakout target, while put walls at $135-$150 indicate a perceived downside floor. Implied volatility remains elevated, reflecting uncertainty around the recent price consolidation.


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 1.09
exDividendDate 2026-07-10
trailingAnnualDividendRate 2.08
trailingAnnualDividendYield 0.010910616
lastDividendValue 0.52
lastDividendDate 2026-07-10
dividendDate 2026-07-29

Info Dump

Attribute Value
52 Week Change 0.65242267
Address1 3,060 Olsen Drive
All Time High 209.06
All Time Low 1.078125
Ask 196.46
Ask Size 1
Audit Risk 1
Average Analyst Rating 2.3 - Buy
Average Daily Volume10 Day 2,124,920
Average Daily Volume3 Month 2,794,645
Average Volume 2,794,645
Average Volume10Days 2,124,920
Beta 1.433
Bid 180.64
Bid Size 1
Board Risk 2
Book Value 6.893
City San Jose
Compensation As Of Epoch Date 1,798,675,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 187.02
Current Ratio 1.436
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 191.875
Day Low 186.4667
Debt To Equity 202.295
Display Name NetApp
Dividend Date 1,785,283,200
Dividend Rate 2.08
Dividend Yield 1.09
Earnings Call Timestamp End 1,788,384,600
Earnings Call Timestamp Start 1,788,384,600
Earnings Growth 0.234
Earnings Quarterly Growth 0.188
Earnings Timestamp 1,788,379,200
Earnings Timestamp End 1,788,379,200
Earnings Timestamp Start 1,788,379,200
Ebitda 1,884,000,000
Ebitda Margins 0.27206
Enterprise To Ebitda 18.997
Enterprise To Revenue 5.168
Enterprise Value 35,789,942,784
Eps Current Year 9.01774
Eps Forward 10.0435
Eps Trailing Twelve Months 6.23
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 175.3704
Fifty Day Average Change 11.649597
Fifty Day Average Change Percent 0.06642852
Fifty Two Week Change Percent 65.24226
Fifty Two Week High 209.06
Fifty Two Week High Change -22.039993
Fifty Two Week High Change Percent -0.10542425
Fifty Two Week Low 93.69
Fifty Two Week Low Change 93.33
Fifty Two Week Low Change Percent 0.9961575
Fifty Two Week Range 93.69 - 209.06
Financial Currency USD
First Trade Date Milliseconds 816,964,200,000
Five Year Avg Dividend Yield 2.25
Float Shares 194,803,183
Forward Eps 10.0435
Forward P E 18.620998
Free Cashflow 1,295,250,048
Full Exchange Name NasdaqGS
Full Time Employees 11,700
Fullday Change -3.62
Fullday Change Percent -1.89886
Fullday Price 186.6069
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.70744
Gross Profits 4,898,999,808
Has Pre Post Market Data 1
Held Percent Insiders 0.0041
Held Percent Institutions 1.01636
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 36,640,944,128
Market State CLOSED
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 37,410,100,279
Number Of Analyst Opinions 16
Open 190.66
Operating Cashflow 2,067,000,064
Operating Margins 0.27259
Overall Risk 2
Payout Ratio 0.32759997
Peg Ratio 2.11
Phone 408 822 6000
Post Market Change -0.4131012
Post Market Change Percent -0.2208861
Post Market Price 186.6069
Post Market Time 1,787,961,289
Previous Close 190.64
Price Eps Current Year 20.73912
Price Hint 2
Price To Book 27.131872
Price To Sales Trailing12 Months 5.291111
Profit Margins 0.18426001
Quick Ratio 1.211
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.3
Region US
Regular Market Change -3.62
Regular Market Change Percent -1.89886
Regular Market Day High 191.875
Regular Market Day Low 186.4667
Regular Market Day Range 186.4667 - 191.875
Regular Market Open 190.66
Regular Market Previous Close 190.64
Regular Market Price 187.02
Regular Market Time 1,787,947,200
Regular Market Volume 1,497,184
Return On Assets 0.09824
Return On Equity 1.06734
Revenue Growth 0.125
Revenue Per Share 34.799
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 3
Shares Outstanding 195,919,927
Shares Percent Shares Out 0.0545
Shares Short 10,702,997
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 12,870,550
Short Name NetApp, Inc.
Short Percent Of Float 0.0547
Short Ratio 4.35
Source Interval 15
State CA
Symbol NTAP
Target High Price 210.0
Target Low Price 150.0
Target Mean Price 187.5625
Target Median Price 190.0
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 0.010910616
Trailing Eps 6.23
Trailing P E 30.019262
Trailing Peg Ratio 2.1444
Triggerable 1
Two Hundred Day Average 128.38365
Two Hundred Day Average Change 58.636353
Two Hundred Day Average Change Percent 0.45672756
Type Disp Equity
Volume 1,497,184
Website https://www.netapp.com
Zip 95,128