How to buy NetApp (NTAP) stocks

NetApp is a computer hardware business based in the US. NetApp shares (NTAP) are listed on the NASDAQ and all prices are listed in US Dollars.

Its last market close was $118.45 – a decrease of 2.87% over the previous week. NetApp employs 11,800 staff and has a trailing 12-month revenue of around $6.4 billion.

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NetApp stock price (NASDAQ: NTAP)

Use our graph to track the performance of NTAP stocks over time.

NetApp stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	$118.45
52-week range	$82.54 - $135.45
50-day moving average more info button	$122.94
200-day moving average more info button	$118.41
Wall St. target price	$138.88
PE ratio more info button	21.7937
Dividend yield more info button	$0 (1.64%)
Earnings per share (TTM) more info button	$5.43

Is it a good time to buy NetApp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dive deeper: Our picks for the best stocks to buy right now in Canada

NetApp price performance over time

Historical closes compared with the close of $116.58 from 2024-12-19

1 week (2024-12-13)	-4.40%
1 month (2024-11-21)	-7.97%
3 months (2024-09-20)	-4.61%
6 months (2024-06-21)	-8.66%

1 year (2023-12-21)	30.18%
2 years (2022-12-21)	103.69%
3 years (2021-12-21)	39.80%
5 years (2019-12-20)	116.56%

Is NetApp stock undervalued or overvalued?

Valuing NetApp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NetApp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

NetApp's P/E ratio

NetApp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, NetApp shares trade at around 22x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the stock or simply that they're under-valued.

NetApp's PEG ratio

NetApp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8644. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NetApp's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

NetApp's EBITDA

NetApp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.6 billion.

The EBITDA is a measure of a NetApp's overall financial performance and is widely used to measure a its profitability.

NetApp financials

Revenue TTM	$6.4 billion
Operating margin TTM	19.47%
Gross profit TTM	$4.2 billion
Return on assets TTM	9.16%
Return on equity TTM	120.42%
Profit margin	17.01%
Book value	$5.56
Market Capitalization more info button	$24.1 billion

TTM: trailing 12 months

NetApp stock dividends

Dividend payout ratio: 28.45% of net profits

Recently NetApp has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), NetApp shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In NetApp's case, that would currently equate to about $0 per share.

While NetApp's payout ratio might seem fairly standard, it's worth remembering that NetApp may be investing much of the rest of its net profits in future growth.

NetApp's most recent dividend payout was on 21 January 2025. The latest dividend was paid out to all shareholders who bought their stocks by 2 January 2025 (the "ex-dividend date").

Have NetApp's stocks ever split?

NetApp's stocks were split on a 2:1 basis on 22 March 2000 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your NetApp stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for NetApp stocks, which in turn could have impacted NetApp's stock price.

NetApp stock price volatility

Over the last 12 months, NetApp's stocks have ranged in value from as little as $82.5438 up to $135.4462. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while NetApp's is 1.225. This would suggest that NetApp's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

NetApp overview

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 in two segments, Hybrid Cloud and Public Could. The company offers data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and NetApp Astra; and storage infrastructure solutions, including NetApp All-Flash FAS, NetApp All-Flash FAS with capacity flash, NetApp All-Flash SAN Array, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp BlueXP, BlueXP Sync, BlueXP Tiering, NetApp Backup, BlueXP Compliance, and BlueXP Cache; and cloud operations services consist of NetApp Cloud Insights, Spot by NetApp, and Instaclustr. In addition, the company offers professional and support services, such as storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, and migration services. 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.

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Frequently asked questions

What percentage of NetApp is owned by insiders or institutions?
Currently 0.403% of NetApp stocks are held by insiders and 93.911% by institutions. How many people work for NetApp?
Latest data suggests 11,800 work at NetApp. When does the fiscal year end for NetApp?
NetApp's fiscal year ends in April. Where is NetApp based?
NetApp's address is: 3060 Olsen Drive, San Jose, CA, United States, 95128 What is NetApp's ISIN number?
NetApp's international securities identification number is: US64110D1046 What is NetApp's CUSIP number?
NetApp's Committee on Uniform Securities Identification Procedures number is: 64120L104

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