Stock research

NetApp, Inc. (NTAP) stock

Technology·Computer Storage Devices·Market cap $34.4B
Auto-Brief · synthesised from 5 layers
NTAP · us_stock
NEUTRAL
Confidence20%
Top reasons
  1. 1No macro events in the recency window.
  2. 2earnings: NTAP Q1 2027 earnings scheduled (scheduled 2026-09-02)
  3. 3Revenue growth 5.4% YoY, net margin 18.4%.
Generated 7/29/2026, 10:17:10 AM · ai:classify → deterministic:news → deterministic:macro5 layers
Meaterm briefs are analytical research. Not investment advice. Not a recommendation to buy, sell, or hold any asset.

Factor grades

As of 2026-07-28
Composite
B-
68th percentile
Valuation
D+
38th percentile
Growth
C+
60th percentile
Profitability
A-
85th percentile
Momentum
A-
88th percentile

Percentile grades within the stock’s sector, computed nightly from SEC filings. Statistical ranking, not investment advice.

Fair value estimate

Current price
$174.53
Fair value estimate
$346.12
Verdict
UNDERVALUED
estimate 98.3% above price

Median of 5 peer-multiple estimates. Not investment advice.

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Open NTAP in the Meaterm terminal →
MacroNEUTRALNo feed
0 items
  • No macro events in the recency window.
No macro events in the recency window.
CatalystsNEUTRALLive
1 item
  • earnings: NTAP Q1 2027 earnings scheduled (scheduled 2026-09-02)
  1. earningsScheduled 2026-09-02
    NTAP Q1 2027 earnings scheduled
    Consensus EPS 2.15.
    NEUTRAL
FundamentalsNEUTRALLive
1 item
  • Revenue growth 5.4% YoY, net margin 18.4%.
  • Forward P/E 17.739819, FCF $1.9B.
  • Earnings beat 0% of trailing 0 quarters.
Revenue growth (YoY)
5.4%
>10% strong
Net margin
18.4%
>15% healthy
Debt / Equity
184.09
<1 conservative
Interest coverage
0.0×
>3 safe
Beta
1.45
vs. SPX
Forward P/E
17.7
Free cash flow
$1.9B
TTM
Earnings beat rate
0%
Trailing 0 quarters
As of 2026-07-29 · Issuer filings + market data
PositioningNEUTRALLive
0 items
  • Peers: 128 of 251 recently-briefed us stock names lean bullish.
Top 13F holders
  • Blackrock Inc.19.9M sh · -2.42% QoQ
  • Vanguard Portfolio Management LLC12.7M sh · +100.00% QoQ
  • Vanguard Capital Management LLC12.5M sh · +100.00% QoQ
  • State Street Corporation10.0M sh · -1.66% QoQ
  • Primecap Management Company9.1M sh · -0.12% QoQ
As of 2026-06-30 · Meaterm
NewsNEUTRALNo feed
0 items
  • No news in the recency window.
  • Signal shifted from bullish since the last brief.
No news in the recency window.

Key fundamentals

Revenue (TTM)
$6.9B
Net income (TTM)
$1.3B
Diluted EPS (TTM)
$6.35
Gross margin
70.7%
Operating margin
24.2%
Net margin
18.4%

Trailing-twelve-month figures computed by Meaterm from SEC filings, refreshed nightly.

Related Computer Storage Devices stocks

Frequently asked questions

What are the NTAP factor grades?

Meaterm scores NetApp, Inc. (NTAP) on four factors — valuation, growth, profitability and momentum — plus a composite. Each grade is a percentile ranking against the stock's sector, computed nightly from SEC-filed financial data. Grades are statistical rankings, not investment advice or a recommendation to trade.

How is the fair value estimate for NTAP calculated?

The estimate is the median of several peer-multiple implied values — peer P/E, EV/EBITDA, P/S and P/B applied to the company's own fundamentals — plus a sell-side consensus target when one is available. Peers come from the same industry, matched by size. It is a statistical reference point, not a price target and not investment advice.

Where does the data on this page come from?

Fundamentals and factor grades are computed by Meaterm from SEC filings and refreshed nightly. Positioning context comes from public CFTC and FINRA releases, and macro series from FRED. Every signal, grade and estimate shown is Meaterm’s own computation.

Is NTAP a good stock to invest in?

Meaterm does not answer that question. This page shows how NetApp, Inc. (NTAP) ranks statistically against sector peers on valuation, growth, profitability and momentum, and where its price sits relative to a peer-multiple estimate. Use it as research context alongside your own analysis — nothing on this page is investment advice.

How often is this page updated?

Factor grades, fundamentals and the company profile refresh nightly after each trading day. The brief layers — macro, catalysts, positioning and news — are composed when the page loads, and the fair value estimate is recomputed with recent quotes during the day.

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