NetApp (NTAP) Stock Price
NetApp Price
Over the last 19 years NetApp grew revenue by 4.9% annually, reaching 6.93 B USD. Earnings per share have grown at 11.4% per year over the last 19 years. For NetApp, the net margin of 18.4% is up versus 14.8% a few years ago. At today's price the dividend yield works out to roughly 0.89%. The payout ratio is around 37% of earnings. The dividend has grown at 16.1% per year over the past 13 years. The consensus 12-month price target for NetApp is 173.00 USD, about 25.8% below where the stock trades today. Of 28 analysts, 13 rate the stock a buy — an overall Hold consensus.
NetApp stock price
NetApp business model & stock analysis
Frequently asked questions about NetApp
The business model of NetApp Inc revolves around providing data storage and management solutions. As a global leader in cloud-based, hybrid, and on-premises storage systems, NetApp offers a diverse portfolio of products and services. Their innovative storage technologies enable businesses to efficiently store, manage, and protect their data, ensuring reliable access and helping organizations derive valuable insights. By delivering scalable and high-performance storage solutions, NetApp caters to various industry verticals, including enterprise, government, and healthcare sectors. With a strong focus on customer satisfaction and technological advancements, NetApp continues to enhance its offerings to meet the evolving data storage needs of businesses worldwide.
NetApp Inc is primarily active in the information technology industry.
NetApp Inc faces strong competition in the market from companies such as Dell Technologies, Hewlett Packard Enterprise (HPE), IBM, and Pure Storage.
NetApp Inc is a leading data management and storage company founded in 1992. It has established itself as a key player in the technology industry, specializing in products and services that help organizations effectively manage their data. With a vast portfolio of solutions, NetApp offers innovative storage systems, software, and cloud services catering to enterprise customers worldwide. Over the years, NetApp has gained recognition for its commitment to customer success and technological advancements, empowering businesses to unlock the full potential of their data. As a trusted manufacturer, NetApp Inc continues to thrive, offering exemplary data management solutions for businesses of all sizes.
NetApp Inc, a leading data management and storage solutions provider, has achieved several significant milestones throughout its history. Firstly, the company revolutionized the storage industry with its introduction of the world's first networked storage architecture. Additionally, NetApp has consistently been recognized for its innovative technologies and breakthrough solutions, earning multiple patents and industry awards. Notably, the company's commitment to customer satisfaction has resulted in numerous accolades, including being named a leader in the Gartner Magic Quadrant for primary storage. NetApp's dedication to sustainability is also commendable, as evidenced by its inclusion in the Dow Jones Sustainability Index. Overall, NetApp Inc has demonstrated remarkable achievements in technology, customer service, and sustainability, solidifying its position as a leader in the industry.
NetApp Inc is primarily present in multiple countries and regions worldwide. Some key areas where the company has a strong presence include the United States, Canada, Europe (including the United Kingdom, Germany, France, and Italy), Asia-Pacific (including China, Japan, and India), and Latin America. With its global reach, NetApp Inc serves customers from various industries, providing innovative data storage and management solutions that cater to their unique business needs.
NetApp Inc represents core values of integrity, customer focus, and teamwork. They prioritize delivering innovation and strategic partnerships to empower organizations in managing and storing data efficiently. NetApp's corporate philosophy revolves around a commitment to creating a positive work environment, fostering diversity and inclusion, and promoting sustainable practices. As a leading provider of hybrid cloud solutions, NetApp Inc strives to enable customers to achieve their digital transformation goals by offering data management solutions that enhance agility, cost-effectiveness, and competitiveness. NetApp Inc's dedication to customer success and their robust portfolio of storage and data management solutions solidify their position as a trusted industry leader.
Analysts currently set an average price target of 179.00 USD for the NetApp stock (median: 173.00 USD), implying -23.2 % versus the latest price. The consensus is based on 28 analyst ratings.
28 analysts currently rate the NetApp stock: 13 recommend buying, 15 holding and 0 selling.
Converted at the current exchange rate, the NetApp share trades at 207.98 EUR (233.10 USD).
The NetApp share (NTAP) is listed on 9 stock exchanges, including: NASDAQ (NTAP), London (0K6F.L), SIX (Zürich) (NTAP.SW), XETRA (NTA.DE), Frankfurt (NTA.F), München (NTA.MU), Düsseldorf (NTA.DU), Hamburg (NTA.HM).
NetApp Inc is a US-based company specializing in the development and marketing of storage and data solutions. It was founded in 1992 and is headquartered in Sunnyvale, California. NetApp operates internationally and employs over 10,000 employees worldwide. Its business model encompasses storage and data management, cloud services, IoT solutions, and consulting and support services. The company aims to help businesses effectively manage their data and applications in the digital age.
The revenue of NetApp is 6.93 B USD. This figure is based on current financial data and reflects the company's business performance.
The profit of NetApp is 1.28 B USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of NetApp is currently 36.54. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the NetApp stock.
The price-to-sales ratio (P/S) of NetApp is currently 6.73. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the NetApp stock.
The Eulerpool Quality Score for NetApp is 6/10.
The ISIN of NetApp is US64110D1046. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of NetApp is A0NHKR. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of NetApp is NTAP. The ticker symbol is used to trade NetApp shares on the stock exchange.
NetApp stock
NetApp Peer Group
NetApp Ticker
NetApp FIGI
All fundamentals and in-depth analysis of NetApp
Our stock analysis for NetApp stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NetApp. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.