
NetApp, Inc. (NTAP)
NetApp is a data storage and management company that helps businesses keep their digital information secure, accessible, and organised in the cloud.
Is NetApp, Inc. a good stock for a UK beginner?
The honest version: NetApp is a data storage and management company that helps businesses keep their digital information secure, accessible, and organised in the cloud.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
NetApp becomes an essential backbone for global AI infrastructure.
Obsolescence of current storage hardware due to new technologies.
What does NetApp, Inc. do?
NetApp provides the hardware and software that companies use to store, manage, and protect their massive amounts of data. The business runs on selling storage systems and charging subscription fees for their cloud-based data management services. What really moves the needle here is how well they adapt their storage technology for the growing demand of artificial intelligence, which relies on massive amounts of data to function.
On our factor screen it looks strongest on momentum and quality, and weakest on value.
- ✓Pays a dividend - about 1.2% a year
- ✓Growing - revenue up about 12% over the year
- ✓Very profitable - turns about 18% of sales into profit
- !Carries a lot of debt - roughly 2.0x its equity
- ✓Strong return on shareholder money (ROE 107%)
- Momentum screens high (92/100)
- High gross margins suggest a strong competitive position.
- Strong earnings growth indicates the business is scaling well.
- Essential role in the modern digital economy.
- Rapid changes in technology could make existing products less relevant.
- Economic downturns often lead companies to cut back on IT spending.
- Cybersecurity threats could damage the company's reputation.
What do NetApp, Inc.'s numbers mean?
How much money does NetApp, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does NetApp, Inc. pay a dividend?
Yes - NetApp, Inc. currently pays a dividend of about 1.2% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does NetApp, Inc. report earnings, and how did recent quarters go?
NetApp, Inc. is next scheduled to report on about 2026-09-02 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-05-28 | $2.27 | $2.43 | Beat +7% |
| 2026-02-26 | $2.06 | $2.12 | Beat +3% |
| 2025-11-25 | $1.88 | $2.05 | Beat +9% |
| 2025-08-27 | $1.54 | $1.55 | In line |
| 2025-05-29 | $1.90 | $1.93 | Beat +2% |
| 2025-02-27 | $1.91 | $1.91 | In line |
Across the last 6 quarters here, NetApp, Inc. came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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What are the scenarios for NetApp, Inc.?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of NetApp, Inc.?
How many points the write-up makes each way — a balance check, not a score or verdict.
- High gross margins suggest a strong competitive position.
- Strong earnings growth indicates the business is scaling well.
- Essential role in the modern digital economy.
- High beta suggests the share price can be quite a bumpy ride.
- High price-to-book ratio indicates the market values the company well above its physical assets.
- Faces intense competition from massive cloud service providers.
- Rapid changes in technology could make existing products less relevant.
- Economic downturns often lead companies to cut back on IT spending.
- Cybersecurity threats could damage the company's reputation.
The write-up's own warning lights — if these start happening, the case above changes.
- A significant, sustained drop in revenue growth.
- Loss of market share to cheaper or more efficient cloud storage alternatives.
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.