Overview
Key stats
Fundamentals Sep 12- Open
- $189.35
- 52-wk high
- $209.06
- High
- $190.79
- 52-wk low
- $92.93
- Low
- $184.02
- Prev close
- $189.13
- Mkt cap
- $39.14B
- P/E
- 28.1x
- Volume
- 2.03M
- Fwd P/E
- 20.4x
- Beta
- 1.43
- Div yield
- 1.13%
- P/S
- 5.3x
- P/B
- 24.1x
- Profit margin
- +19.2%
- Op margin
- +26.7%
- ROE
- +114.8%
What do analysts expect?
Analyst target and ratings are on paid plans
See the 12-month consensus target and the buy/hold/sell rating split.
Unlock the full resultsSmart money
8 funds hold a position and insiders have been net selling.
What funds are doing
Activist stakes, short interest & more
Earnings
Earnings came in 21.5% above what analysts expected.
Earnings per share
$1.72 expected
Revenue
$1.84B expected
Company adjusted EPS
From the company's release
The company and the analyst consensus count earnings differently, so the two figures differ. The comparison above uses the analyst basis.
GAAP EPS was $1.88 and adjusted EPS was $2.58. The analyst basis could not be confirmed, so no beat or miss is shown.
Q2 FY2027 guidance
$2.02B to $2.17B
$1.84B expected+13.9%at the midpoint
What the street expects next
EPS expected
$2.08 to $2.20
Revenue expected
16 analysts
Last 30 days
Analysts raising estimates
Estimate drift
Change in 30 days
What the company said
Financials
What it sold, what it cost, what was left.
| USD | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|
| What came in | ||||
| Revenue | $1.71B | $1.71B | $1.95B | $2.02B |
| Cost of what it sold | $478.0M | $504.0M | $583.0M | $606.0M |
| Gross profit | $1.23B | $1.21B | $1.36B | $1.42B |
| What it spent | ||||
| Research and development | $251.0M | $237.0M | $261.0M | $274.0M |
| Sales and admin | $89.0M | $86.0M | $85.0M | $98.0M |
| Other operating costs | $488.0M | $455.0M | $487.0M | $507.0M |
| Total operating expenses | $828.0M | $778.0M | $833.0M | $879.0M |
| What was left | ||||
| Operating profit | $399.0M | $431.0M | $531.0M | $541.0M |
| Interest on debt | $26.0M | $26.0M | $28.0M | $29.0M |
| Profit before tax | $393.0M | $433.0M | $518.0M | $484.0M |
| Tax | $88.0M | $99.0M | $114.0M | $109.0M |
| Net profit | $305.0M | $334.0M | $404.0M | $375.0M |
| EBITDA | $471.0M | $507.0M | $595.0M | $574.0M |
Technicals
Price structure
This stock's price action is mixed.
Trend
Mixed
45 / 100
RSI 14
20D volatility
52-week range
20D support
20D resistance
Returns
Price vs moving averages
Volume pace
News
What the news says
Coverage is bullish
Tone of tracked coverage
Argus Adjusts Price Target on NetApp to $225 From $200, Maintains Buy Rating
BullishSep 11Northland Securities Raises Earnings Estimates for NetApp
BullishSep 10Zacks.com featured highlights include Globus Medical, NetApp and Assurant
BullishSep 10What Comes Next for NetApp (NTAP) After Enhanced Product Strategy and Record Earnings
BullishSep 9NetApp (NTAP) Stock May Trade At A Cash Flow Discount But An Earnings Premium
Leans bullishSep 9NetApp, Inc. $NTAP Shares Bought by California State Teachers Retirement System
BullishSep 9Empirical Finance LLC Acquires 5,617 Shares of NetApp, Inc. $NTAP
BullishSep 9Transcript : NetApp, Inc. Presents at Citi?s 2026 Global TMT Conference, Sep-08-2026 01:55 PM
NeutralSep 8
Macro
10 macro signals shaping NTAP right now
Unlock sector rotation, regime shifts, and macro event windows tied to this stock.
Unlock the full results