(NTAP) NetApp - NASDAQ
Sector: Technology | Industry: Software - Infrastructure | Exchange: NASDAQ (USA) | Market Cap: 35.427m USD | Total Return: 63.2% in 12m
Avg Turnover: 543M
EPS Trend: 88.3%
Qual. Beats: 1
Rev. Trend: 97.2%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
Supp Ema8, Rs Leader, Pead, Confidence
NetApp, Inc. is a global provider of data management software and storage infrastructure solutions, operating through Hybrid Cloud and Public Cloud segments. The company’s portfolio includes proprietary data management software like ONTAP, all-flash and fabric-attached storage systems, and integrated cloud storage services developed in partnership with major hyperscalers such as Amazon Web Services, Microsoft Azure, and Google Cloud.
The company operates within the data storage sector, which is currently transitioning from traditional hardware-centric models to software-defined storage and Storage-as-a-Service (STaaS) consumption models. NetApp utilizes a hybrid go-to-market strategy, leveraging both a direct sales force and a broad partner ecosystem to serve industries ranging from financial services to telecommunications.
For a more detailed look at the companys fundamentals, you may want to explore the quantitative metrics available on ValueRay.
- All-flash storage array adoption accelerates enterprise data infrastructure modernization and revenue growth
- Public cloud services expansion through hyperscaler partnerships drives high-margin recurring revenue
- Enterprise shift toward hybrid multicloud environments increases demand for unified data management
- Artificial intelligence workloads stimulate high-performance storage requirements and infrastructure hardware sales
| Net Income: 1.28b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 5.03 > 1.0 |
| NWC/Revenue: 25.34% < 20% (prev 18.09%; Δ 7.25% < -1%) |
| CFO/TA 0.19 > 3% & CFO 2.07b > Net Income 1.28b |
| Net Debt (-849.0m) to EBITDA (1.94b): -0.44 < 3 |
| Current Ratio: 1.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (199.0m) vs 12m ago -3.40% < -2% |
| Gross Margin: 70.74% > 18% (prev 70.19%; Δ 0.55% > 0.5%) |
| Asset Turnover: 64.22% > 50% (prev 60.72%; Δ 3.50% > 0%) |
| Interest Coverage Ratio: 21.51 > 6 (EBIT TTM 1.74b / Interest Expense TTM 81.0m) |
| A: 0.16 (Total Current Assets 5.78b - Total Current Liabilities 4.02b) / Total Assets 10.7b |
| B: 0.01 (Retained Earnings 153.0m / Total Assets 10.7b) |
| C: 0.16 (EBIT TTM 1.74b / Avg Total Assets 10.8b) |
| D: 0.14 (Book Value of Equity 1.35b / Total Liabilities 9.39b) |
| Altman-Z'' = 2.35 = BBB |
| DSRI: 0.98 (Receivables 1.29b/1.25b, Revenue 6.92b/6.57b) |
| GMI: 0.99 (GM 70.19% / 70.74%) |
| AQI: 1.06 (AQ_t 0.41 / AQ_t-1 0.39) |
| SGI: 1.05 (Revenue 6.92b / 6.57b) |
| TATA: -0.07 (NI 1.28b - CFO 2.07b) / TA 10.7b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of June 10, 2026, the stock is trading at USD 165.00 with a total of 2,725,585 shares traded.
Over the past week, the price has changed by -6.06%,
over one month by +40.15%,
over three months by +64.84% and
over the past year by +63.20%.
NetApp has received a consensus analysts rating of 3.60. Therefore, it is recommended to hold NTAP.
- StrongBuy: 6
- Buy: 2
- Hold: 11
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 167.9 | 1.8% |
P/E Trailing = 28.1685
P/E Forward = 19.3424
P/S = 5.1158
P/B = 25.6544
P/EG = 1.9344
Revenue TTM = 6.92b USD
EBIT TTM = 1.74b USD
EBITDA TTM = 1.94b USD
Long Term Debt = 2.49b USD (from longTermDebt, two quarters ago)
Short Term Debt = 41.0m USD (from shortTermDebt, two quarters ago)
Debt = 2.73b USD (from shortLongTermDebtTotal, last quarter) + Leases 248.0m
Net Debt = -849.0m USD (calculated: Debt 2.73b - CCE 3.58b)
Enterprise Value = 34.6b USD (35.4b + Debt 2.73b - CCE 3.58b)
Interest Coverage Ratio = 21.51 (Ebit TTM 1.74b / Interest Expense TTM 81.0m)
EV/FCF = 18.50x (Enterprise Value 34.6b / FCF TTM 1.87b)
FCF Yield = 5.41% (FCF TTM 1.87b / Enterprise Value 34.6b)
FCF Margin = 26.99% (FCF TTM 1.87b / Revenue TTM 6.92b)
Net Margin = 18.43% (Net Income TTM 1.28b / Revenue TTM 6.92b)
Gross Margin = 70.74% ((Revenue TTM 6.92b - Cost of Revenue TTM 2.03b) / Revenue TTM)
Gross Margin QoQ = 70.07% (prev 70.58%)
Tobins Q-Ratio = 3.22 (Enterprise Value 34.6b / Total Assets 10.7b)
Interest Expense / Debt = 2.96% (Interest Expense 81.0m / Debt 2.73b)
Taxrate = 22.57% (372.0m / 1.65b)
NOPAT = 1.35b (EBIT 1.74b * (1 - 22.57%))
Current Ratio = 1.44 (Total Current Assets 5.78b / Total Current Liabilities 4.02b)
Debt / Equity = 2.02 (Debt 2.73b / totalStockholderEquity, last quarter 1.35b)
Debt / EBITDA = -0.44 (Net Debt -849.0m / EBITDA 1.94b)
Debt / FCF = -0.45 (Net Debt -849.0m / FCF TTM 1.87b)
Total Stockholder Equity = 1.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.83% (Net Income 1.28b / Total Assets 10.7b)
RoE = 114.2% (Net Income TTM 1.28b / Total Stockholder Equity 1.12b)
RoCE = 48.34% (EBIT 1.74b / Capital Employed (Equity 1.12b + L.T.Debt 2.49b))
RoIC = 21.15% (NOPAT 1.35b / Invested Capital 6.38b)
WACC = 10.53% (E(35.4b)/V(38.2b) * Re(11.17%) + D(2.73b)/V(38.2b) * Rd(2.96%) * (1-Tc(0.23)))
Discount Rate = 11.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -89.89 | Cagr: -2.57%
[DCF] Terminal Value 71.24% ; FCFF base≈1.66b ; Y1≈1.90b ; Y5≈2.79b
[DCF] Fair Price = 158.0 (EV 30.3b - Net Debt -849.0m = Equity 31.2b / Shares 197.3m; r=10.53% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.34 | EPS CAGR: 10.73% | SUE: 2.68 | # QB: 1
Revenue Correlation: 97.20 | Revenue CAGR: 4.16% | SUE: 3.14 | # QB: 1
EPS current Quarter (2026-07-31): EPS=2.11 | Chg30d=+14.43% | Revisions=+75% | Analysts=16
EPS next Quarter (2026-10-31): EPS=2.14 | Chg30d=+1.69% | Revisions=+0% | Analysts=16
EPS current Year (2027-04-30): EPS=8.90 | Chg30d=+4.33% | Revisions=+68% | GrowthEPS=+9.5% | GrowthRev=+7.7%
EPS next Year (2028-04-30): EPS=9.86 | Chg30d=+4.78% | Revisions=+57% | GrowthEPS=+10.8% | GrowthRev=+5.7%
[Analyst] Revisions Ratio: +75%