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NetApp, Inc. (NTAP)

Technology Balanced

NetApp is a data storage and management company that helps businesses keep their digital information secure, accessible, and organised in the cloud.

$178.50

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.

No rating · no target price · nothing for sale here
Price+45.7%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+58% past year
$178.50
Low $93.69High $192.83
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into NetApp, Inc.
$1,457+46%

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.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$34.97B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
3.21M
Day range: The lowest and highest price the shares traded at during the latest day.
$174.04 – $179.81
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$93.69 – $192.83
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
28.1
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
1.2%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.45
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.45
Calm
Wild
Bumpier than the market

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.

Why has it been moving?▲ +5% past week · ▲ +58% past year

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.

The bull case

NetApp becomes an essential backbone for global AI infrastructure.

The bear case

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.

VQGMI
Factor profile

On our factor screen it looks strongest on momentum and quality, and weakest on value.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 34Quality: How profitable and financially healthy the company is (higher = stronger). 65Growth: How fast revenue and earnings are growing (higher = faster). 60Momentum: How the share price has been trending recently (higher = stronger recent run). 92Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 56
Quick checks
What's strong
  • 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.
What to watch
  • 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?

P/E
26.6
This shows how much you are paying for every pound of the company's annual profit; a higher number suggests investors expect more growth in the future.
Gross margin
70.7%
This indicates that for every pound of sales, the company keeps over 70 pence after paying for the direct costs of making its products.
Return on equity
106.7%
This is a measure of how efficiently the company uses the money invested by shareholders to generate profit, with a high number showing strong performance.
Beta
1.5
This measures how much the share price tends to swing compared to the wider market; a number above 1 means it is typically more volatile.

How much money does NetApp, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$487.00M$974.00M$1.46B$1.95BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
70.7%
Net margin
18.4%
Return on equity
106.7%

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.

ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-05-28$2.27$2.43Beat +7%
2026-02-26$2.06$2.12Beat +3%
2025-11-25$1.88$2.05Beat +9%
2025-08-27$1.54$1.55In line
2025-05-29$1.90$1.93Beat +2%
2025-02-27$1.91$1.91In 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.

More in Technology

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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.

$214$178$88today · $178▲ Bull · $201• Base · $178▼ Bear · $152in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+10% to +15%Stronger than expected demand for AI-ready storage solutions.
Base
-5% to +5%Steady demand for cloud storage services.
Bear
-10% to -20%A general slowdown in corporate IT spending.

What are the pros and cons of NetApp, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • High gross margins suggest a strong competitive position.
  • Strong earnings growth indicates the business is scaling well.
  • Essential role in the modern digital economy.
The catch3
  • 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.
Key risks3
  • 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 would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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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.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.