Equites Radar

NTAP · NetApp, Inc.

Software - InfrastructureUnited StatesAnalyst view: Buy

$164.64

-1.14% last session

End-of-day data · updated 2026-07-25

Mildly bullish3 bullish · 1 bearish technical signals
Consensus: Buy (2.40 from 16 analysts)
To mean target: +7.7%

Market cap

$33B

Enterprise value

$32B

Trailing P/E

26.4

Forward P/E

17.1

Dividend yield

1.0%

Beta

1.45

Avg volume

3M

Employees

12K

2D change

1.88%

5D change

4.08%

10D change

3.48%

30D change

8.84%

60D change

21.09%

MTD change

7.59%

YTD change

58.69%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)2.40
Covering analysts16
Mean price target$177.25
Low price target$137.00
Upside to mean target+7.7%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)54.0
50-day MA$154.65
200-day MA$118.53
Price vs 50-day MA+6.5%
Price vs 200-day MA+38.9%
MACD histogram-0.63
Volume vs 3-month avg0.6×
52w low $93.3552w high $180.53

Analyst sentiment over time — NTAP

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-06-01

Latest call per bank · past 12 months

Barclays

Overweight

$199

+20.9% vs price
▲ raised from $120Maintains · 2026-05-29

JP Morgan

Neutral

$150

-8.9% vs price
▲ raised from $110Maintains · 2026-05-29

Bank of America

Neutral

$150

-8.9% vs price
▲ raised from $125Maintains · 2026-05-29

Citigroup

Neutral

$150

-8.9% vs price
▲ raised from $114Maintains · 2026-05-29

Wells Fargo

Equal-Weight

$180

+9.3% vs price
▲ raised from $115Maintains · 2026-05-29

Morgan Stanley

Underweight

$137

-16.8% vs price
▲ raised from $88.00Maintains · 2026-05-29

UBS

Neutral

$120

-27.1% vs price
▲ raised from $114Maintains · 2025-11-26

Recent rating actions

DateFirmActionRatingPrice target
2026-06-01Argus ResearchMaintainsBuy$130 $200
2026-05-29BarclaysMaintainsOverweight$120 $199
2026-05-29JP MorganMaintainsNeutral$110 $150
2026-05-29Bank of AmericaMaintainsNeutral$125 $150
2026-05-29CitigroupMaintainsNeutral$114 $150
2026-05-29Wells FargoMaintainsEqual-Weight$115 $180
2026-05-29Evercore ISI GroupMaintainsIn-Line$115 $170
2026-05-29SusquehannaMaintainsNeutral$110 $185

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-23

  • RSI (14): RSI is 54 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 6.5% above the 50-day MA ($154.65).
  • Price vs 200-day MA: Trading 38.9% above the 200-day MA ($118.53).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-0.63) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($93.35) and high ($180.53).

NTAP Price Chart

Loading chart for NTAP

Fundamentals

Revenue (TTM)$7.0B
EBITDA$2.0B
Free cash flow$1.0B
Operating cash flow$2.0B
Book value / share$6.89
Net debt / EBITDA-0.5
WACC13.0%
Revenue growth12.00%
Earnings growth23.00%

About NetApp, Inc.

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 provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.