Key facts, as of
As of October 8, 2026, NetApp Inc. (NTAP) trades at $235.77, up 99.8% over the past year. Its 52-week range runs from $93.69 to $238.08; the price is 1.0% below that high. It is 1.0% below its all-time high of $238.08, reached in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +650.4%, against +312.9% for the S&P 500 (SPY). It sits 67.8% above its 200-day average of $140.53, the usual sign of a long-term uptrend. Its 30-day volatility is 44.5% annualized, which we rate high risk. It has a trailing P/E of 33.3 and a dividend yield of 0.88%.
Cite: Portfolio Terminal, "NetApp Inc. (NTAP) stock analysis", 2026-10-08. https://portfolio-terminal.com/analyse/ntap
Where it trades today
trading 98% of the way up its 52-week range
How the price has moved
How far it is from its record
NetApp Inc. (NTAP) is 1.0% below its all-time high of $238.08, reached in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +650.4%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
- NTAP trades at 33.3x earnings, well above the technology average of 28.5x, so the market is already pricing in above-consensus execution.
- Recent realized volatility is running around 44.5%, above the sector norm of 28.0%, so position sizing matters more than usual.
- NTAP is in a bullish short-term regime and only 1.0% below its 52-week high, so the question is whether fundamentals can keep pace with that stronger tape.
Portfolio Use Case
- NTAP is more useful for investors comparing conviction names inside technology than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in NTAP.
- If the short-term trend rolls over while volume fades, the market may stop paying up for momentum before the fundamentals change.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
Methodology
- Price, market cap, beta, yield, and liquidity fields for NTAP come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for NTAP. Last refresh: Oct 8, 2026, 10:10 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.
What NetApp Inc. does
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…
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 $235.77 today (-10.2%). 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 8 of the 30 ETFs we track. It weighs most in XLK: 0.22% of the fund, holding #51 of 75.
How it sits in technology
High-growth sector driven by innovation, cloud computing, AI, and digital transformation.
The companies it competes with
NTAP beside the technology names it is usually measured against.
What the chart is saying
Trading at its high for the year, with no resistance overhead.
uptrend- Price is 20.4% above its 50-day average and 67.8% above its 200-day.
- The 50-day crossed above the 200-day on 2026-05-28 (a “golden cross”).
- RSI at 78 is overbought: strong momentum, and stretched.
- Nothing above has stopped it this year; the nearest floor is $162.83 (-30.9%).
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
Is NTAP a good investment in 2026?
NetApp Inc. trades at a P/E ratio of 33.3, with high volatility (44.5% annualized). Recent momentum is positive.
What is the risk level of NTAP?
Based on 30-day volatility of 44.5%, NTAP has HIGH risk. Beta of 1.45 indicates higher sensitivity to market movements than average.
Does NTAP pay dividends?
Yes, NetApp Inc. has a dividend yield of 0.88%.
How far is NTAP from its all-time high?
NetApp Inc. is 1.0% below its all-time high of $238.08, reached in October 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +650.4%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold NTAP?
8 of the 30 popular ETFs we track hold NetApp Inc.. The largest weights: XLK (0.22%), VGT (0.18%), VYM (0.15%), VTV (0.13%) and SPY (0.06%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is NTAP?
0.06%, as of August 31, 2026: NTAP is holding #279 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.55 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 10.2% below the current price of $235.77. 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.