NetApp
NASDAQ: NTAP
Stock price
231.05 USD
(+152.49%) 5 years
Financial Performance
5Y price score: 198
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 610.4%
%
ㅤ
By default your notes are visible only to you.
93.6
52-week range
238.0
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
3.6 %
Dividend Yield TTM
0.9 %
Market cap $
$ 45,340
Price / Earnings TTM
32.6
Price / Book TTM
30.3
PEG TTM
2.7
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
91.4 %
163.4 %
610.4 %
Free cash flow per share growth
(34.4) %
81.3 %
242.7 %
Earnings per share growth
63.5 %
96.9 %
726 %
Founded: 1,992
Employees: 11,800
Business Summary:
Q&A
Contribute
By providing well-researched and detailed answer you increase your chance of becoming Top Contributor. TopFunds is free for all top contributors. Learn more
Latest Earnings Call Takeaways
2027 Q1 (Sep 2, 2026)
1) Strong Financial Performance
- Q1 FY 2027 revenue reached $2.03 billion, a 30% YoY increase.
- Gross profit grew 29% YoY to $1.43 billion, with an operating margin of 31.9%.
- Non-GAAP EPS was $2.58, up 66% YoY.
- Public cloud revenue was $206 million, up 28% YoY; all-flash array revenue increased 47% YoY to $1.31 billion.
- Hybrid Cloud revenue totaled $1.82 billion, reflecting a 30% YoY increase.
2) Strategic Growth Initiatives
- NetApp is focusing on AI and cloud solutions, emphasizing the need for data readiness as organizations operationalize AI.
- Recent acquisitions include DataPelago for AI data infrastructure and JetStream for cloud-native disaster recovery, enhancing NetApp's capabilities.
- The company reported winning around 350 AI and data lake modernization deals, indicating strong demand for AI-related solutions.
3) Market Dynamics and Demand Trends
- There is a structural improvement in demand, with broad-based growth across customer segments and geographies.
- Accelerated purchase decisions were noted, particularly among larger customers, although some purchasing behavior was moderated for less priority workloads.
- The company is seeing a shift towards hybrid flash solutions, alongside strong performance in all-flash arrays.
4) Guidance and Outlook
- For Q2 FY 2027, revenue guidance is set at $2.1 billion, implying 23% YoY growth.
- Full-year revenue guidance has been raised to a range of $7.975 billion to $8.225 billion, reflecting a 17% YoY growth at the midpoint.
- Operating margin guidance for the full year is now 30.3% to 31.3%, with EPS guidance raised to $9.73 to $10.03.
5) Conclusion and Future Focus
- The call highlighted strong execution and confidence in the company’s strategy, with plans to showcase innovations at the upcoming NetApp Insight conference.
- However, the transcript did not provide specific details on the anticipated impact of acquisitions on revenue growth or the exact breakdown of AI-driven revenue contributions.
Bottom line: NetApp's strong Q1 results and raised guidance reflect robust demand across its portfolio, particularly in AI and cloud solutions, positioning the company for sustained growth and value creation for shareholders.
Annual Reports, Presentations And IR Contacts
Go to the websiteNetApp — Financial Overview, Stock Price, Market Cap
NetApp is a company. Founded in 1992. As of October 9, 2026, the company's market capitalization is $45339865700 with a current stock price of $231.05.