NTAP
Technology · Software - Infrastructure
Performance
NTAP (NTAP) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
NTAP (NTAP) operates in the Software - Infrastructure space within the Technology sector. With a market cap of $31.0B, it qualifies as a mid-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.
- Forward P/E (16.1×) is lower than trailing P/E (25.0×) — analysts expect earnings to improve
- Revenue growth of 13% YoY shows solid business momentum
- Earnings grew 23% YoY — bottom-line is expanding fast
- Healthy profit margin of 18.4%
- ROE of 106.7% shows management efficiently converts equity into profit
- High debt-to-equity of 202.29× increases financial risk, especially with elevated interest rates
Verdict
Strong Buy
Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Related Articles
Revenue & Results
Dividends
Current DY
1.29%
5Y Avg Annual
$1.8320
Last Payment
$0.5200
Ex-Date
04/02/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest04/02/2026 | 04/21/2026 | $0.5200 | 1.31% |
01/02/2026 | 01/21/2026 | $0.5200 | 1.31% |
10/03/2025 | 10/22/2025 | $0.5200 | 1.31% |
07/03/2025 | 07/22/2025 | $0.5200 | 1.31% |
04/04/2025 | 04/23/2025 | $0.5200 | 1.31% |
01/03/2025 | 01/22/2025 | $0.5200 | 1.31% |
10/04/2024 | 10/23/2024 | $0.5200 | 1.31% |
07/05/2024 | 07/24/2024 | $0.5200 | 1.31% |
Magic Number
Shares needed to self-fund your next purchase
$158.28
Price
$0.5200
Last div. (quarterly)
305
shares
Own 305 NTAP shares ($48,275.40) and each quarterly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$48,275.40
New shares / year
+4 shares
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
Earnings
EPS (TTM)
$6.34
P/E (TTM)
25.0
Fwd P/E
16.1
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Key Statistics
Valuation
Trading
Dividends
Profitability
Balance Sheet
Fair Value Estimates
Current price: $158.28
Graham Number
√(22.5 × EPS × Book Value)
$31.36
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$33.60
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
9/10
90% score
Pays dividends
13Y hist.13+ years of dividend history
Dividend consistency (5Y+)
13 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
106.7%Return on equity — measures how efficiently capital is used
Positive profit margin
18.4%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+12.5%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
+23.4%Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
202.29×Low financial leverage reduces risk of distress
Current ratio above 1
1.44×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$457M/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
1.29%Stock must distribute income to shareholders
Related Assets
Technology
About NTAP
NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp All-Flash FAS (AFF A-Series), NetApp All-Flash FAS with capacity flash (AFF C-Series), NetApp All-Flash SAN Array (ASA A-Series & C-Series), NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp BlueXP, BlueXP Copy and Sync, BlueXP Backup and Recovery, BlueXP Classification, and BlueXP Ransomware Protection. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services offerings include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the leading cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
Sector
Technology
Industry
Software - Infrastructure
Location
San Jose, United States
Employees
11,700