Key facts, as of
As of November 2, 2026, NetApp Inc. (NTAP) trades at $188.35, up 59.9% over the past year. Its 52-week range runs from $93.69 to $240.87; the price is 21.8% below that high. It is 21.8% below its all-time high of $240.87, reached in October 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +648.4%, against +316.3% for the S&P 500 (SPY). It sits 25.2% above its 200-day average of $150.46. Its 30-day volatility is 55.3% annualized, which we rate very high risk. It has a trailing P/E of 26.6 and a dividend yield of 1.04%. NetApp Inc. (NTAP) has confirmed its next earnings report for December 1, 2026, after the market closes (date from Yahoo Finance, listed on our December 2026 earnings calendar).
Cite: Portfolio Terminal, "NetApp Inc. (NTAP) stock analysis", 2026-11-02. https://portfolio-terminal.com/analyse/ntap
Where it trades today
trading 64% of the way up its 52-week range
How the price has moved
How far it is from its record
NetApp Inc. (NTAP) is 21.8% below its all-time high of $240.87, reached in October 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +648.4%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- NTAP closes below its 50-day average ($205.10) while the 50-day is still above the 200-day ($150.46): a pullback inside a longer rise, not yet a downtrend.
- At $188.35, NTAP is 21.8% below its 1-year high of $240.87, set on October 13, 2026, and 101.0% above its 1-year low of $93.69 (January 20, 2026).
- Over the past month NTAP fell 16.8%, from $226.27 to $188.35.
- NTAP trades at 26.6x its last twelve months of earnings and 16.9x the next twelve months' estimate, so analysts expect earnings 57.4% higher.
- Its P/E is 119.6% above the 12.1x median of the 3 other computer hardware companies we track (ANET, WDC, HPQ).
- NTAP's 30-day volatility, 55.3% a year, works out to a typical daily move of about 3.5%.
- Yahoo Finance puts its beta at 1.51: over five years of monthly returns, NTAP moved about 1.51% for each 1% move of the S&P 500.
- The last session traded 0.4x NTAP's average daily volume of the 30 sessions before it.
What would change the read
- A close back above the 50-day average, $205.10 (+8.9%), restores the uptrend; the 50-day falling 26.6% under the 200-day at $150.46 would make it a downtrend.
- A close above $240.87 (+27.9%) would be a new 1-year high; below $93.69 (−50.3%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for NTAP, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Peers are the other companies Yahoo Finance files under computer hardware among the assets we track, not a full industry screen; the median counts those with a positive P/E.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for NTAP by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
- Yahoo Finance quote and daily historyopen →
The candles, the averages' inputs and the quote fields used for NTAP. Last refresh: Nov 2, 2026, 7:10 PM UTC.
- How Portfolio Terminal computes its figuresopen →
The methodology page behind the analytics and their refresh cadence.
- Industry classification
Yahoo Finance's industry, as stored in our list of tracked assets: Computer Hardware.
What NetApp Inc. does
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…
Employees
11,700
Industry
Software - Infrastructure
Headquarters
San Jose, United States
What analysts expect
NTAP carries a buy consensus from 16 analysts, with an average price target of $211.69 versus $188.34 today (+12.4%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
NTAP generated $7.39B in trailing revenue (29.9% year over year), with a 19.2% net margin, and $1.17B of free cash flow, supported by $1.04B of net cash.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2026 | $6.92B | $4.90B | $1.70B | $1.28B | $6.41 | $1.87B |
| 2025 | $6.57B | $4.61B | $1.43B | $1.19B | $5.81 | $1.34B |
| 2024 | $6.27B | $4.43B | $1.27B | $986.00M | $4.74 | $1.53B |
| 2023 | $6.36B | $4.21B | $1.16B | $1.27B | $5.87 | $868.00M |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
NTAP is in 18 of the 54 ETFs we track. It weighs most in VO: 0.41% of the fund, holding #102 of 271.
How its figures compare with those peers
Companies in the same industry
NTAP beside the other companies Yahoo Finance files under computer hardware among the assets we track (ANET, WDC, HPQ, largest first).
NTAPyou are here$188.35$36.99B
ANETArista Networks$164.50$207.47B
WDCWestern Digital$343.86$128.71B
HPQHP Inc.$28.61$25.80BWhat the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 8.2% below its 50-day average and 25.2% above its 200-day.
- RSI at 36 is neither stretched nor washed out.
- The nearest ceiling is $201.09 (+6.8%), the nearest floor $158.63 (-15.8%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is NTAP valued right now?
NetApp Inc. trades at 26.6 times its last twelve months of earnings and 16.9 times the next twelve months' estimate (Yahoo Finance, November 2, 2026). On the chart: slipped under its 50-day average inside a longer uptrend. Price is 8.2% below its 50-day average and 25.2% above its 200-day.
What is the risk level of NTAP?
Based on 30-day volatility of 55.3%, NTAP has VERY HIGH risk. Its beta of 1.51 means it has swung more than the S&P 500 over the last five years.
Does NTAP pay dividends?
Yes, NetApp Inc. has a dividend yield of 1.04%.
How far is NTAP from its all-time high?
NetApp Inc. is 21.8% below its all-time high of $240.87, reached in October 2026. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +648.4%, against +316.3% for the S&P 500 (SPY).
When does NetApp Inc. report earnings?
NetApp Inc. (NTAP) reports its next quarterly earnings on Tuesday, December 1, 2026, after the market closes. The company has confirmed the date; it comes from Yahoo Finance's earnings data and is listed on the Portfolio Terminal December 2026 earnings calendar. For that quarter, the analysts' consensus Yahoo Finance reports is earnings of $2.60 per share.
Which ETFs hold NTAP?
18 of the 54 popular ETFs we track hold NetApp Inc.. The largest weights: VO (0.41%), XLK (0.24%), RSP (0.22%), VGT (0.19%) and VYM (0.18%). Measured on each issuer's full holdings file, dated September 30 to October 18, 2026.
How much of VOO is NTAP?
0.06%, as of September 30, 2026: NTAP is holding #258 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.62 in NetApp Inc..
What is the analyst price target for NTAP?
The average analyst price target for NetApp Inc. (NTAP) is $211.69 based on 16 analyst estimates, about 12.4% above the current price of $188.34. The published range runs from $170.00 to $300.00.
How much revenue does NTAP generate?
NetApp Inc. reported $7.39B in trailing twelve-month revenue. Revenue growth is running at 29.9% year over year. Net margin sits at 19.2%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare NTAP with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.