What’s the current market cap for NetApp stock?

NetApp (NTAP) has a market cap of $31bn as of June 21, 2026.

What is the P/E ratio for NetApp stock?

The price to earnings (P/E) ratio for NetApp (NTAP) stock is 25.15 as of June 21, 2026.

Does NetApp stock pay dividends?

Yes, the NetApp (NTAP) stock pays dividends to shareholders. As of June 21, 2026, the dividend rate is $2.08 and the yield is 1.3%. NetApp has a payout ratio of 32.37% on a trailing twelve-month basis.

When is the next NetApp dividend payment date?

The next NetApp (NTAP) dividend payment is scheduled for July 29, 2026.

What is the beta indicator for NetApp?

NetApp (NTAP) has a beta rating of 1.43. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

Buy NetApp stock | $NTAP Share Price

About NetApp

NetApp Inc is storage hardware provider into a software-driven, cloud-centric data infrastructure company. Its flagship ONTAP data management software, together with a comprehensive portfolio of all-flash, hybrid-flash, and cloud-native solutions, forms the backbone of digital transformation for thousands of enterprises world'wide. Its operations are organized into two segments Hybrid Cloud and Public Cloud. It generates majority of revenue from Hybrid Cloud offers a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. It generates majority of revenue from United States followed by International market.

Ticker

$NTAP

Sector

Digital Hardware

Primary listing

NASDAQ

Employees

11,700

Headquarters

San Jose, United States

Website

www.netapp.com

NetApp Metrics

BasicAdvanced

$31bn

25.15

$6.35

1.43

$2.08

1.30%

What the Analysts think about NetApp

Analyst ratings (Buy, Hold, Sell) for NetApp stock.

Bulls say / Bears say

Achieved record all-flash array revenue of $1.0 billion in Q3 FY26, up 11% YoY, driven by AI infrastructure demand (Reuters).

Launched the AFX disaggregated storage system and AI Data Engine co-developed with NVIDIA, improving AI data preparation workflows and highlighting product innovation (Reuters).

Q3 FY26 net revenue reached $1.71 billion, up 4% YoY and 6% higher when excluding the sold Spot business, reflecting solid top-line growth in core operations (Reuters).

Public Cloud segment revenue was flat at $174 million in Q3 FY26, showing limited growth in NetApp’s expanding hybrid model (Reuters).

JPMorgan downgraded NetApp from Overweight to Neutral, citing rising memory costs, slowing growth drivers, and an expected gross margin drop of about 200 basis points in fiscal 2027 (Reuters).

Memory prices rose 36% in Q4 FY25 and 88% in Q1 FY26, with a further 73% increase expected in Q2, putting pressure on margins and possibly requiring demand-slowing price increases (Reuters).

Data summarised monthly by Lightyear AI. Last updated on 1 Jun 2026.

NetApp Financial Performance

Revenues and expenses

QuarterlyAnnual

Q3 24

QoQ growth

Revenue

$37bn

-39.75%

Net income

$45bn

107.52%

Profit margin

37.65%

6.78%

NetApp Earnings Performance

Company profitability

QuarterlyAnnual

Q4 23

Q1 24

Q2 24

Q3 24

Q4 24

Actual

$3.69

$2.85

$2.45

$2.42

-

Expected

$3.55

$2.61

$2.05

$2.31

$3.94

Surprise

3.94%

9.20%

19.51%

4.63%

-

NetApp News

AllArticlesVideos

NetApp Q4 Earnings Call Highlights

MarketBeat·3 weeks ago

NetApp to Participate in Upcoming Conferences

Business Wire·4 weeks ago

NetApp Collaborates with Red Hat to Help Advance Data Protection and Scale for Red Hat OpenShift Deployments

Business Wire·1 month ago

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.

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