NTAP 📈 NetApp - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US64110D1046
NTAP: Data Management Software, Storage Infrastructure Solutions, Cloud Storage Services
NetApp, Inc. is a leading provider of enterprise software, systems, and services that enable customers to transform their data infrastructures across the globe, with a presence in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company's product portfolio is segmented into two main categories: Hybrid Cloud and Public Cloud, catering to the diverse needs of its clients. NetApp's data management software offerings include NetApp ONTAP, a comprehensive data management platform, as well as NetApp Snapshot, SnapCenter Backup Management, SnapMirror Data Replication, SnapLock Data Compliance, and Astra, which provide a range of data protection, replication, and compliance capabilities.
In addition to its software solutions, NetApp offers a wide range of storage infrastructure products, including all-flash storage systems such as NetApp All-Flash FAS, All-Flash FAS with capacity flash, and All-Flash SAN Array, as well as hybrid flash systems like NetApp Fabric Attached Storage and the E/EF series. The company also provides object-based storage solutions with NetApp StorageGRID, designed for large-scale, data-intensive applications. Furthermore, NetApp's cloud storage and data services comprise Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, allowing customers to manage and deploy their data seamlessly across multiple cloud environments.
NetApp's cloud operations services are designed to help customers optimize their cloud infrastructure, with tools like Cloud Insights, which provides real-time monitoring and analytics, Spot by NetApp, a cloud optimization platform, and Instaclustr, a managed platform for cloud-native applications. The company also offers a suite of professional and support services, including storage-as-a-service (STaaS), strategic consulting, and assessment, design, implementation, and migration services, to help customers navigate their digital transformation journeys. With a diverse customer base spanning industries such as energy, financial services, government, technology, and healthcare, NetApp, Inc. has established itself as a trusted partner for organizations seeking to unlock the full potential of their data.
As a company with a rich history dating back to its incorporation in 1992, NetApp, Inc. is headquartered in San Jose, California, and is publicly traded on the NASDAQ stock exchange under the ticker symbol NTAP. With a strong focus on innovation and customer satisfaction, NetApp continues to evolve its product portfolio and services to meet the evolving needs of its clients, solidifying its position as a leader in the technology hardware, storage, and peripherals industry. The company's website, https://www.netapp.com, provides a wealth of information on its products, services, and solutions, as well as its commitment to helping customers achieve their business objectives through data-driven insights and innovation.
Additional Sources for NTAP Stock
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Fund Manager Positions: Dataroma Stockcircle
NTAP Stock Overview
Market Cap in USD | 25,942m |
Sector | Technology |
Industry | Computer Hardware |
GiC Sub-Industry | Technology Hardware, Storage & Peripherals |
IPO / Inception | 1995-11-21 |
NTAP Stock Ratings
Growth 5y | 70.6% |
Fundamental | 67.0% |
Dividend | 56.8% |
Rel. Strength Industry | 42.6 |
Analysts | 3.52/5 |
Fair Price Momentum | 125.59 USD |
Fair Price DCF | 174.97 USD |
NTAP Dividends
Dividend Yield 12m | 1.72% |
Yield on Cost 5y | 3.75% |
Annual Growth 5y | 2.59% |
Payout Consistency | 99.6% |
NTAP Growth Ratios
Growth Correlation 3m | -2.6% |
Growth Correlation 12m | 75.9% |
Growth Correlation 5y | 77% |
CAGR 5y | 16.77% |
CAGR/Mean DD 5y | 1.09 |
Sharpe Ratio 12m | 0.96 |
Alpha | 8.24 |
Beta | 1.04 |
Volatility | 41.40% |
Current Volume | 3813.6k |
Average Volume 20d | 2249.1k |
As of December 22, 2024, the stock is trading at USD 118.45 with a total of 3,813,574 shares traded.
Over the past week, the price has changed by -2.87%, over one month by -4.05%, over three months by -2.67% and over the past year by +35.72%.
Yes, based on ValueRay Fundamental Analyses, NetApp (NASDAQ:NTAP) is currently (December 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 67.04 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NTAP as of December 2024 is 125.59. This means that NTAP is currently overvalued and has a potential downside of 6.03%.
NetApp has received a consensus analysts rating of 3.52. Therefor, it is recommend to hold NTAP.
- Strong Buy: 5
- Buy: 2
- Hold: 13
- Sell: 1
- Strong Sell: 0
According to ValueRays Forecast Model, NTAP NetApp will be worth about 139.1 in December 2025. The stock is currently trading at 118.45. This means that the stock has a potential upside of +17.46%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 137.9 | 16.4% |
Analysts Target Price | 80.7 | -31.9% |
ValueRay Target Price | 139.1 | 17.5% |