
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. NetApp employs 12,000 staff and has a trailing 12-month revenue of around $6.5 billion.
How to buy NetApp stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – NTAP. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
SoFi Invest
- Trade stocks for $0 and no annual fee
- Start trading with a $0 minimum deposit
- Get up to $1,000 when you fund a new account within 30 days
eToro
- Easy to use platform with low fees
- Social trading allows you to copy popular portfolios
- FINDER EXCLUSIVE: Get $15 when you sign up and deposit $100
Robinhood
- Get free stock upon signup
- Earn 4% interest on uninvested cash with Robinhood Gold
- Get 1% match on contributions to a Robinhood IRA
What's in this guide?
- NTAP shares summary
- Compare share dealing platforms
- Is NTAP stock a buy or sell?
- Stock performance over time
- Is NTAP suitable for ethical investing?
- Are NTAP shares over-valued?
- NetApp's financials
- How volatile are NTAP shares?
- Does NetApp pay a dividend?
- Have NTAP shares ever split?
- Other common questions
NetApp stock price (NASDAQ: NTAP)
Use our graph to track the performance of NTAP stocks over time.NetApp shares at a glance
Latest market close | $67.62 |
---|---|
52-week range | $57.61 - $89.69 |
50-day moving average | $65.29 |
200-day moving average | $68.42 |
Wall St. target price | $76.85 |
PE ratio | 9.9711 |
Dividend yield | $2 (3.05%) |
Earnings per share (TTM) | $6.57 |
Buy NetApp stocks from these brokerages
Compare special offers, low fees and a wide range of types of investments among top trading platforms.Information on this page is for educational purposes only. Finder is not an advisor or brokerage service, and we don't recommend investors to trade specific stocks or other investments.
Finder is not a client of any featured partner. We may be paid a fee for referring prospective clients to a partner, though it is not a recommendation to invest in any one partner.
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.
NetApp price performance over time
Historical closes compared with the close of $67.62 from 2023-02-03
1 week (2023-01-31) | 2.10% |
---|---|
1 month (2023-01-06) | 6.24% |
3 months (2022-11-07) | -2.55% |
6 months (2022-08-05) | -6.56% |
1 year (2022-02-07) | -22.57% |
---|---|
2 years (2021-02-05) | 1.63% |
3 years (2020-02-07) | 25.83% |
5 years (2018-02-07) | 35.63% |
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 10x. In other words, NetApp shares trade at around 10x 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 shares 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 1.0619. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares 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 share prices of multiple high-growth companies.
NetApp's EBITDA
NetApp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.4 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 | $6.5 billion |
---|---|
Operating margin TTM | 18.37% |
Gross profit TTM | $4.2 billion |
Return on assets TTM | 7.91% |
Return on equity TTM | 150.43% |
Profit margin | 22.52% |
Book value | $5.54 |
Market capitalisation | $14.1 billion |
TTM: trailing 12 months
NetApp share dividends
Dividend payout ratio: 36.1% of net profits
Recently NetApp has paid out, on average, around 36.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.05% 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 3.05% return on their shares, in the form of dividend payments. In NetApp's case, that would currently equate to about $2 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 24 January 2023. The latest dividend was paid out to all shareholders who bought their shares by 4 January 2023 (the "ex-dividend date").
Have NetApp's shares ever split?
NetApp's shares 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 shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for NetApp shares which in turn could have impacted NetApp's share price.
NetApp share price volatility
Over the last 12 months, NetApp's shares have ranged in value from as little as $57.6111 up to $89.6883. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NetApp's is 1.1545. This would suggest that NetApp's shares 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 cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services.
NetApp in the news
NetApp Hosts Third Quarter of Fiscal Year 2023 Financial Results Webcast
Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
NetApp (NTAP) to Slash Workforce by 8% Amid Economic Downturn
Frequently asked questions
What percentage of NetApp is owned by insiders or institutions?Currently 0.31% of NetApp shares are held by insiders and 90.72% by institutions. How many people work for NetApp?
Latest data suggests 12,000 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
More guides on Finder
-
How to buy Neuraxis (NRXS) stock when it goes public
Everything we know about the Neuraxis IPO, plus information on how to buy in.
-
How to buy TXO Energy (TXO) stock
Everything we know about the TXO Energy IPO, plus information on how to buy in.
-
How to buy Brera (BREA) stock
Everything we know about the Brera IPO, plus information on how to buy in.
-
How to invest in the S&P 500
What you need to know about investing in the leading indicator for the overall US stock market.
-
How to buy IPO stock
Buying an IPO is as simple as buying any other stock, but not every trading platform offers IPO stocks.
-
How to buy Novo Integrated Sciences stock
Steps to owning and managing NVOS, with 24-hour and historical pricing before you buy.
-
How do ETFs work?
Your simple and straightforward guide to ETFs, how they work and the different types available.
-
What is stock lending?
Find out how stock lending works, the extra income you could potentially earn and the risks you should be aware of. Plus, compare stock trading platforms that offer stock lending.
-
How to buy SONDORS (SODR) stock when it goes public
Everything we know about the SONDORS IPO, plus information on how to buy in.
-
How to buy Bullfrog AI Holdings (BFRG) stock when it goes public
Everything we know about the Bullfrog AI Holdings IPO, plus information on how to buy in.
Ask an Expert