Netapp Inc [NASDAQ: NTAP] surged by $5.09 during the normal trading session on Thursday and reaching a high of $117.42 during the day while it closed the day at $117.22.
Netapp Inc stock has also gained 8.76% of its value over the past 7 days. However, NTAP stock has inclined by 18.15% in the 3 months of the year. Over the past six months meanwhile, it has lost -0.85% and lost -11.53% year-on date.
The market cap for NTAP stock reached $23.46 billion, with 200.00 million shares outstanding and 199.11 million shares in the current float. Compared to the average trading volume of 1.98M shares, NTAP reached a trading volume of 4681572 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Netapp Inc [NTAP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NTAP shares is $118.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NTAP stock is a recommendation set at 2.48. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Netapp Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on August 21, 2025. The new note on the price target was released on April 30, 2025, representing the official price target for Netapp Inc stock. Previously, the target price had yet another drop from $160 to $130, while TD Cowen kept a Buy rating on NTAP stock. On February 19, 2025, analysts increased their price target for NTAP shares from 121 to 128.
The Price to Book ratio for the last quarter was 24.05, with the Price to Cash per share for the same quarter was set at 16.64. Price to Free Cash Flow for NTAP in the course of the last twelve months was 14.15 with Quick ratio for the last quarter at 1.26.
NTAP stock trade performance evaluation
Netapp Inc [NTAP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.76. With this latest performance, NTAP shares gained by 11.96% in over the last four-week period, additionally sinking by -0.85% over the last 6 months – not to mention a rise of 0.98% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NTAP stock in for the last two-week period is set at 72.73, with the RSI for the last a single of trading hit 2.95, and the three-weeks RSI is set at 2.57 for Netapp Inc [NTAP]. The present Moving Average for the last 50 days of trading for this stock 106.47, while it was recorded at 112.06 for the last single week of trading, and 106.98 for the last 200 days.
Netapp Inc [NTAP]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Netapp Inc [NTAP] shares currently have an operating margin of 21.80% and a Gross Margin at 69.76%. Netapp Inc’s Net Margin is presently recorded at 17.77%.
Netapp Inc (NTAP) Capital Structure & Debt Analysis
According to recent financial data for Netapp Inc. ( NTAP), the Return on Equity (ROE) stands at 123.00%, highlighting impressive shareholder gains. The Return on Assets (ROA) is 12.33%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Netapp Inc’s Return on Invested Capital (ROIC) is 31.83%, showcasing its effectiveness in deploying capital for earnings.
Netapp Inc (NTAP) Efficiency & Liquidity Metrics
Based on Netapp Inc’s (NTAP) latest financial statements, the Debt-to-Equity Ratio is 2.82%, indicating its reliance on debt financing relative to shareholder equity.
Netapp Inc (NTAP) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Netapp Inc. (NTAP) effectively leverages its workforce, generating an average of $100000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.30% and a Quick Ratio of 1.26%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Netapp Inc [NTAP] stock
With the latest financial reports released by the company, Netapp Inc posted 1.87/share EPS, while the average EPS was predicted by analysts to be reported at 1.78/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.09. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NTAP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Netapp Inc go to 8.77%.
Netapp Inc [NTAP]: Institutional Ownership
There are presently around $98.05%, or 98.54%% of NTAP stock, in the hands of institutional investors. The top three institutional holders of NTAP stocks are: VANGUARD GROUP INC with ownership of 25.77 million shares, which is approximately 12.5092%. BLACKROCK INC., holding 21.21 million shares of the stock with an approximate value of $$2.73 billion in NTAP stocks shares; and BLACKROCK INC., currently with $$1.78 billion in NTAP stock with ownership which is approximately 6.6926%.
