NetApp (NTAP) Stock Price, Fundamentals & Analysis

What NTAP does

NetApp (NTAP) is a US-based Technology stock in the Software - Infrastructure industry, headquartered in San Jose, United States. It provides enterprise software, systems, and services that help organisations manage and transform their data infrastructures across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. NetApp operates through two segments, Hybrid Cloud and Public Cloud, offering data management software such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance, as well as storage infrastructure solutions including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. The company also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, Google Cloud NetApp Volumes, and NetApp Cloud Volumes ONTAP.

Key numbers explained

• The current price of 196,33 USD is the latest trading price; the +1,77% price change today shows the intraday move.
• The trailing P/E ratio of 28,5 compares the price to the last 12 months of earnings, while the forward P/E ratio of 17,7 uses expected future earnings, helping investors see whether the market is pricing in growth.
• The dividend yield of 1,08% tells you the annual dividend as a percentage of the share price; the ex-dividend date is 9 oct. 2026, and 29% of earnings are paid out as dividends.
• The beta of 1,43 indicates that NTAP tends to be more volatile than the overall market; it is part of the S&P 500.
• The 52-week range of 93,69 – 209,06 shows the lowest and highest prices over the past year, with the price up 56,5% over that period.
• The profit margin of 19,2% and operating margin of 26,7% measure how much of each revenue dollar remains as profit after costs and operating expenses.
• The return on equity of 114,8% shows how effectively the company generates profit from shareholders' equity.
• The debt-to-equity ratio of 169,5% indicates the level of debt relative to equity, which is a common measure of financial leverage.

Recent news

Recent headlines cover a range of topics around NetApp and its peers, including questions about risk exposure with SanDisk, valuation perspectives following a NetApp partnership, conference activity at the 2026 INSIGHT event, analysis of AI flash demand, deeper VMware Cloud integration, and general outlook pieces on the stock. The titles suggest ongoing discussion about partnerships, technology events, and competitive positioning in the data infrastructure space.

What to watch

When following NTAP, investors commonly watch earnings reports, cloud adoption trends, competitive dynamics with peers such as Tyler Technologies (TYL), Oracle Corporation (ORCL), Cognizant (CTSH), Microsoft (MSFT), ServiceNow (NOW), Hewlett Packard Enterprise (HPE), and Flex Ltd. (FLEX), as well as broader macroeconomic factors that affect enterprise IT spending. The next earnings date is 1 dec. 2026, which is a typical focal point for updates on revenue, margins, and outlook.