NTAP
NEUTRAL
$100.33
Live
NetApp, Inc. · NASDAQ
Target $118.13
(+17.7%)
$80.64
52W Range
$126.66
At a glance
Key valuation, profitability, growth, and risk metrics.
Updated Apr 16, 2026
Market cap
$19.87B
P/E
16.58
ROE
112.6%
Profit margin
18.1%
Debt/Equity
2.36
Dividend yield
2.1%
AI Analysis
AI-powered fundamental assessment
Confidence
80%
NetApp presents a dichotomy between exceptional earnings consistency and deteriorating short-term sentiment. The Piotroski F-Score of 4/9 indicates stable but not strong financial health, while the absence of an Altman Z-Score prevents a definitive bankruptcy risk assessment despite a high Debt/Equity ratio of 2.36. While the stock is fundamentally undervalued relative to its growth-based intrinsic value ($178.47) and maintains a stellar 25-quarter earnings beat streak, bearish insider activity and a 0/100 technical trend suggest significant near-term headwinds.
Key Strengths
Exceptional earnings track record with beats in nearly every quarter for 25 quarters
Strong profitability with a 70.46% gross margin and 18.07% profit margin
Attractive valuation with a Forward P/E of 11.79 and a PEG ratio of 1.12
Extremely high ROE (112.59%) indicating efficient capital utilization
Sustainable dividend profile with a conservative 34.90% payout ratio
Key Risks
High leverage with a Debt/Equity ratio of 2.36, well above sector averages
Sluggish top-line growth with YoY revenue growth at only 4.40%
Strongly bearish insider sentiment with 9 sell transactions and 0 buys
Bearish technical trend (0/100) and a 16.6% decline over the last 6 months
Very high Price/Book ratio (17.16) suggesting a significant premium over tangible assets
AI Fair Value Estimate
Based on comprehensive analysis
$122.5
+22.1% above current price
Performance Snowflake
Multi-dimensional analysis across 5 key categories
Overall
68
Strong
78
55
95
45
65
AI Verdict
Fundamental Value Trap Risk
Key drivers: Consistent EPS beats, Low Forward P/E, High Debt/Equity, Bearish Technicals/Insiders
Confidence
85%
Value
78/100
P/E and PEG suggest value, but Graham Number ($28.21) highlights a lack of asset-based support.
Positives
- Low Forward P/E (11.79)
- Trades well below growth-based intrinsic value
Watchpoints
- High P/B ratio
- Graham number suggests deep overvaluation relative to book
Future
55/100
Growth is modest; the company is optimizing margins rather than expanding market share rapidly.
Positives
- Earnings growth (16%) outpacing revenue growth
Watchpoints
- Low revenue growth (4.4%)
- Bearish technical momentum
Past
95/100
Historical execution is nearly flawless regarding earnings expectations.
Positives
- 25 consecutive quarters of meeting or beating estimates
- Strong 1Y return of 24.4%
Watchpoints
- Recent 6-month price correction
Health
45/100
Financial health is stable but burdened by significant debt.
Positives
- Current ratio (1.39) provides adequate short-term liquidity
Watchpoints
- Piotroski F-Score of 4/9 is only mediocre
- Debt/Equity of 2.36 is high
Dividend
65/100
Dividend is safe and well-covered by earnings.
Positives
- Low payout ratio (34.9%)
- Consistent yield
Watchpoints
- Yield (2.1%) is not highly competitive for a value play
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Current Price
$100.33
Analyst Target
$118.13
Upside/Downside
+17.7%
Multi-Horizon Performance vs Peers
Price momentum across 5Y → 1W horizons for NTAP and closest competitors.
Updated 2026-04-15
| Company | 5Y | 3Y | 1Y | 6M | 1M | 1W |
|---|---|---|---|---|---|---|
|
NTAP
NetApp, Inc.
Primary
|
+45.1% | +57.7% | +24.4% | -16.6% | -1.4% | +0.9% |
|
MTSI
MACOM Technology Solutions Holdings, Inc.
Peer
|
+336.0% | +317.7% | +166.2% | +100.6% | +17.3% | +11.4% |
|
ENTG
Entegris, Inc.
Peer
|
+8.8% | +72.1% | +106.9% | +37.3% | +10.4% | +9.2% |
|
ALAB
Astera Labs, Inc.
Peer
|
+94.0% | +94.0% | +84.2% | -47.6% | -16.3% | +0.9% |
|
MDB
MongoDB, Inc.
Peer
|
-23.6% | +5.8% | +49.4% | -26.0% | -9.3% | -7.4% |
NTA
NetApp, Inc.
Primary
5Y
+45.1%
3Y
+57.7%
1Y
+24.4%
6M
-16.6%
1M
-1.4%
1W
+0.9%
MTS
MACOM Technology Solutions Holdings, Inc.
Peer
5Y
+336.0%
3Y
+317.7%
1Y
+166.2%
6M
+100.6%
1M
+17.3%
1W
+11.4%
ENT
Entegris, Inc.
Peer
5Y
+8.8%
3Y
+72.1%
1Y
+106.9%
6M
+37.3%
1M
+10.4%
1W
+9.2%
ALA
Astera Labs, Inc.
Peer
5Y
+94.0%
3Y
+94.0%
1Y
+84.2%
6M
-47.6%
1M
-16.3%
1W
+0.9%
MDB
MongoDB, Inc.
Peer
5Y
-23.6%
3Y
+5.8%
1Y
+49.4%
6M
-26.0%
1M
-9.3%
1W
-7.4%
Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.
Historical Performance Trends
Long-term financial metrics and growth patterns
Revenue & Net Income
Profit & Operating Margins
Return on Equity (ROE)
Quarterly Revenue Growth
Historical data shows last 12 quarters (3 years)
Valuation Metrics
Key valuation ratios and pricing indicators
P/E Ratio
16.58
Forward P/E
11.79
PEG Ratio
1.12
P/B Ratio
17.16
P/S Ratio
2.96
EV/Revenue
2.91
EV/EBITDA
11.15
Market Cap
$19.87B
Profitability
Profit margins and return metrics
Profit Margin
18.07%
Operating Margin
25.16%
Gross Margin
70.46%
ROE
112.59%
ROA
10.27%
Growth
Revenue and earnings growth rates
Revenue Growth
+4.4%
Earnings Growth
+16.0%
Q/Q Revenue Growth
+4.39%
Q/Q Earnings Growth
+11.7%
Financial Health
Balance sheet strength and liquidity metrics
Debt/Equity
2.36
High debt
Current Ratio
1.39
Good
Quick Ratio
1.21
Good
Cash/Share
$15.28
Financial Statement Flow
Interactive flow visualization showing how money moves through the company Q1 2026
Revenue
$1.7B
Gross Margin
70.6%
Op. Margin
25.2%
Net Margin
19.5%
Total Assets
$10.0B
Liabilities
$8.8B
Equity
$1.2B
Debt/Equity
7.61x
Operating CF
$0.3B
CapEx
$-0.0B
Free Cash Flow
$0.3B
FCF Yield
85%
Quarterly Earnings History
EPS performance vs analyst estimates
2026-05-28
$N/A
2026-02-26
$2.12
+2.8% surprise
2025-11-25
$2.05
+8.8% surprise
2025-08-27
$1.55
+0.7% surprise
Technology Sector Comparison
Comparing NTAP against 407 companies in the Technology sector
(35 bullish, 145 neutral, 227 bearish)
P/E Ratio
16.58
This Stock
vs
93.88
Sector Avg
-82.3%
(Discount)
Return on Equity (ROE)
112.59%
This Stock
vs
-34.23%
Sector Avg
-428.9%
(Below Avg)
Profit Margin
18.07%
This Stock
vs
-12.19%
Sector Avg
-248.2%
(Weaker)
Debt to Equity
2.36
This Stock
vs
0.66
Sector Avg
+257.4%
(Higher)
Revenue Growth
4.4%
This Stock
vs
6059.24%
Sector Avg
-99.9%
(Slower)
Current Ratio
1.39
This Stock
vs
4.06
Sector Avg
-65.8%
(Weaker)
Similar Companies
Peer comparison within the same industry
| Company | AI Rating | Market Cap | P/E | ROE | Profit Margin | Price | |
|---|---|---|---|---|---|---|---|
|
NTAP
NetApp, Inc.
|
NEUTRAL | $19.87B | 16.58 | 112.6% | 18.1% | $100.33 | |
|
MTSI
MACOM Technology Solutions...
|
NEUTRAL | $19.8B | 118.88 | 12.9% | 15.9% | $263.92 | Compare |
|
ENTG
Entegris, Inc.
|
BEARISH | $19.73B | 83.61 | 6.2% | 7.4% | $129.6 | Compare |
|
ALAB
Astera Labs, Inc.
|
NEUTRAL | $20.48B | 98.61 | 18.8% | 25.7% | $120.31 | Compare |
|
MDB
MongoDB, Inc.
|
NEUTRAL | $19.22B | - | -2.5% | -2.9% | $236.14 | Compare |
NTAP
NetApp, Inc.
NEUTRAL
Mkt Cap
$19.9B
P/E
16.6
ROE
112.6%
Price
$100.33
Recent Insider Trading
Insider buy and sell transactions from the last 6 months
| Date | Insider | Position | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2026-04-10 | O'CALLAHAN ELIZABETH M | Officer | Sale | 1,000 | $96,250 |
| 2026-03-10 | O'CALLAHAN ELIZABETH M | Officer | Sale | 1,000 | $100,670 |
| 2026-02-17 | DE LORENZO DANIEL | Officer | Sale | 252 | $25,664 |
| 2026-02-13 | KURIAN GEORGE | Chief Executive Officer | Stock Award | 7,760 | - |
| 2026-02-13 | CERNUDA REGO CESAR | President | Stock Award | 4,919 | - |
| 2026-02-13 | O'CALLAHAN ELIZABETH M | Officer | Stock Award | 2,750 | - |
| 2026-02-13 | DE LORENZO DANIEL | Officer | Stock Award | 428 | - |
| 2026-02-10 | O'CALLAHAN ELIZABETH M | Officer | Sale | 1,000 | $103,450 |
| 2026-01-12 | O'CALLAHAN ELIZABETH M | Officer | Sale | 1,000 | $105,490 |
| 2026-01-02 | AHUJA DEEPAK | Director | Stock Award | 3,526 | - |
| 2025-12-10 | O'CALLAHAN ELIZABETH M | Officer | Sale | 1,000 | $117,370 |
| 2025-12-01 | DE LORENZO DANIEL | Officer | Sale | 33 | $3,631 |
| 2025-11-17 | DE LORENZO DANIEL | Officer | Sale | 327 | $35,146 |
| 2025-11-14 | KURIAN GEORGE | Chief Executive Officer | Stock Award | 7,759 | - |
| 2025-11-14 | CERNUDA REGO CESAR | President | Stock Award | 4,921 | - |
O'CALLAHAN ELIZABETH M
Officer
2026-04-10
1,000 shares
·
$96,250
O'CALLAHAN ELIZABETH M
Officer
2026-03-10
1,000 shares
·
$100,670
DE LORENZO DANIEL
Officer
2026-02-17
252 shares
·
$25,664
KURIAN GEORGE
Chief Executive Officer
2026-02-13
7,760 shares
CERNUDA REGO CESAR
President
2026-02-13
4,919 shares
O'CALLAHAN ELIZABETH M
Officer
2026-02-13
2,750 shares
DE LORENZO DANIEL
Officer
2026-02-13
428 shares
O'CALLAHAN ELIZABETH M
Officer
2026-02-10
1,000 shares
·
$103,450
O'CALLAHAN ELIZABETH M
Officer
2026-01-12
1,000 shares
·
$105,490
AHUJA DEEPAK
Director
2026-01-02
3,526 shares
O'CALLAHAN ELIZABETH M
Officer
2025-12-10
1,000 shares
·
$117,370
DE LORENZO DANIEL
Officer
2025-12-01
33 shares
·
$3,631
DE LORENZO DANIEL
Officer
2025-11-17
327 shares
·
$35,146
KURIAN GEORGE
Chief Executive Officer
2025-11-14
7,759 shares
CERNUDA REGO CESAR
President
2025-11-14
4,921 shares
Insider transactions can signal confidence or concerns about company prospects
Wall Street Analysts
Professional analyst ratings and price targets
Consensus
BUY
15 analysts
Citigroup
2026-03-02
Neutral
Neutral
Wedbush
2026-02-25
Neutral
Neutral
Citigroup
2026-02-17
Neutral
Neutral
Morgan Stanley
2026-01-20
Equal-Weight
Underweight
Northland Capital Markets
2025-11-26
Market Perform
Outperform
Barclays
2025-11-26
Overweight
Overweight
Wells Fargo
2025-11-26
Equal-Weight
Equal-Weight
UBS
2025-11-26
Neutral
Neutral
B of A Securities
2025-11-26
Neutral
Neutral
Oppenheimer
2025-11-17
Perform
Past News Coverage
Recent headlines mentioning NTAP from our newsroom.
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