NetApp, Inc. (ntap)
NTAP — Company Overview
NetApp, Inc. (NTAP) trades on NMS as part of the Technology peer group (Software - Infrastructure).
| Ticker | NTAP |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Exchange | NMS |
| Market cap | $38.56B |
| Last price | $196.33 |
| Size category | Large Cap |
NTAP — Business Description
NTAP represents a Software - Infrastructure business in the Technology segment. 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…
Official website: https://www.netapp.com.
NTAP — Investment Thesis
At a high level, NTAP offers exposure to Technology with metrics outlined below from public market data.
- Revenue is expanding at roughly 29.9% year-over-year (public data).
- Trailing P/E of 27.23× sits in a moderate band relative to high-growth peers.
- Forward P/E (17.65×) is below trailing P/E — earnings may be expected to improve.
- Dividend yield near 1.1% adds an income component to total return.
- Equity market capitalization is approximately $38.56B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
NTAP — Financial Health
Key financial health indicators for NetApp, Inc. are derived exclusively from public data — no proprietary estimates.
Profit margin of 19.2% indicates solid bottom-line conversion. Positive free cash flow of $1.17B supports balance-sheet flexibility. Debt-to-equity of 169.50 warrants monitoring in a higher-rate environment.
| Trailing P/E | 27.23× |
| Forward P/E | 17.65× |
| Price / Sales | 5.22× |
| Price / Book | 25.74× |
| Gross margin | 70.6% |
| Operating margin | 26.7% |
| Profit margin | 19.2% |
| Return on equity | 114.8% |
| Debt / Equity | 169.50 |
| Free cash flow | $1.17B |
NTAP — Growth Outlook
Growth outlook for NetApp, Inc. (NTAP) depends on demand trends in Software - Infrastructure and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 29.9% indicates strong top-line momentum.
- Earnings growth of 63.5% year-over-year supports improving profitability.
- Price is 6.1% below the 52-week high.
NTAP — Competitive Position
NetApp, Inc. (NTAP) is evaluated against peers on scale, margin structure, and capital efficiency within Technology.
- Competes within Technology, specifically in Software - Infrastructure.
- Market capitalization of $38.56B places NTAP among large-cap peers.
- Gross margin near 70.6% may reflect pricing power or favorable mix.
NTAP — Strengths
Strengths for NetApp, Inc. (NTAP) inferred from public financial metrics:
- Revenue growth of 29.9% year-over-year.
- Earnings growth of 63.5% year-over-year.
- Return on equity near 114.8% — efficient use of shareholder capital.
- Gross margin of 70.6% supports competitive unit economics.
- Positive free cash flow ($1.17B).
- Large Cap scale ($38.56B) may provide distribution and funding advantages.
NTAP — Weaknesses
Weaknesses and pressure points for NetApp, Inc. (NTAP) based on available data:
- Elevated debt-to-equity (169.50).
- High beta (1.43) amplifies market swings.
NTAP — Opportunities
- Sustained revenue growth (29.9%) could support multiple expansion if margins hold.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
- Forward earnings multiple below trailing P/E — potential earnings acceleration ahead.
NTAP — Risks
- Beta of 1.43 implies above-market volatility.
- Leverage (debt/equity 169.50) raises sensitivity to credit conditions.
NTAP — Summary
NetApp, Inc. (NTAP) is a large-cap Technology company focused on Software - Infrastructure, listed on NMS. Last price $196.33 with market cap $38.56B. Trailing P/E 27.23×. Revenue grew 29.9% year-over-year per public data. Notable strengths include revenue growth of 29.9% year-over-year. Key watch items include elevated debt-to-equity (169.50). Premium Terminal tools for NetApp, Inc. add ownership analytics, news, and richer estimate history beyond this public summary.
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NetApp, Inc. FAQ
What does NetApp, Inc. (NTAP) do?
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 Clo…
What is NTAP's P/E ratio?
NetApp, Inc. has a trailing P/E of 27.23× based on publicly available market data.
Does NTAP pay a dividend?
Indicated dividend yield: 1.1%. Confirm ex-dates and payout history in Vest Terminal.
What sector is NTAP in?
NetApp, Inc. is classified in Technology (Software - Infrastructure) on NMS.
What is NTAP's market capitalization?
Approximate market cap: $38.56B.
What are the main risks for NTAP?
Key risks include above-average volatility (beta 1.43), among factors on this page.
What are the strengths of NTAP?
Potential positives include revenue growth of 29.9% year-over-year, earnings growth of 63.5% year-over-year.
Where can I get analyst estimates for NTAP?
Public analyst price targets and consensus for NetApp, Inc. are on the free /stocks/ntap/estimates page. Deeper estimate history and models are available in Vest Terminal.