Stock AnalizNetApp, Inc. NTAP
Electronic Components · IPO 1995 · data as of November 13, 2026
NetApp, Inc. (NTAP) is a technology company listed in the US with a market value of about $35.6B. In the twelve months to July 31, 2026 it had revenue of $7.4B and net income of $1.4B, a net margin of 19.2%.
Its overall Stock Analiz score is 3.4 out of 5 (good). The strongest part is track record (4/5); the weakest is value (2/5).
Key numbers: a P/E of 25.6, a price to free cash flow of 21.6, 5-year revenue growth of 4% a year, a 5-year average ROIC of 26%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 1% above the current price.
Score: 3.4 / 5
Checks passed
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
Checks not passed
- P/E below 25
- P/FCF below 20
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 5-year revenue growth above 8% a year
- Liabilities below 60% of assets
- Stock-based pay below 5% of revenue
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.4B | $6.9B | $6.6B | $6.3B | $6.4B | $6.3B | $5.7B | $5.4B | $6.1B | $5.9B | $5.5B |
| Net income | $1.4B | $1.3B | $1.2B | $986M | $1.3B | $937M | $730M | $819M | $1.2B | $116M | $481M |
| Free cash flow | $1.6B | $1.9B | $1.3B | $1.5B | $868M | $985M | $1.2B | $936M | $1.2B | $1.3B | $811M |
| EPS (diluted) | $7.09 | $6.35 | $5.67 | $4.63 | $5.79 | $4.09 | $3.23 | $3.52 | $4.51 | $0.42 | $1.71 |
| Net margin | 19.2% | 18.4% | 18.1% | 15.7% | 20.0% | 14.8% | 12.7% | 15.1% | 19.0% | 2.0% | 8.8% |
| ROIC | — | 31.7% | 25.3% | 24.9% | 20.9% | 26.2% | 22.8% | 53.5% | 42.7% | 24.0% | 10.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 16 analysts is $211.69, 17% above the current price; targets range from $170.00 to $300.00; the consensus rating is “Buy”; expected EPS is $10.02 for the fiscal year ending April 30, 2027.
Frequently asked questions
What is NetApp’s P/E ratio?
About 25.6, based on the last twelve months of diluted earnings per share (forward P/E about 17.2).
Is NetApp stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 1% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does NetApp pay a dividend?
Yes. The dividend yield is about 1.14%, and it has paid dividends for 10 years in our data.
Is NetApp a good stock to buy?
We do not give buy or sell advice. NetApp scores 3.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.