NTAP · NetApp, Inc.
$194.48
-10.23 (-5.00%)
At close · Aug 19
Market Cap
$40.01B
Shares
195.92M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$194.48
Open$206.17
Day$194.09–206.20
52W close$94.11–207.08
Avg vol 30d2.6M
Short int13.2M · 6.7% float · 6.3d
Short vol36%
Last earningsSep 2, 2026
DataJan 2020–Aug 2026
Filing10-K · Jun 5
Up next
Next earnings call
Sep 2, 2026
Scheduled
· in 2 wks
FQ2-27 quarter ends
~Oct 30, 2026
Est
filed Jun 5, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Strong Buy
Momentum
Very Strong
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
Moderate
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+54%
above
Price vs 50-day avg
+13%
above
RSI (14)
59
neutral
MACD trend
Positive
52-week position
89%
near high
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+17%
trailing
6-month return
+96%
trailing
YTD return
+82%
this year
Relative strength
+85%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $172 › 200d $126 — 50d above 200d
Institutional flow
Accumulating
+13% holders QoQ · +199 funds added
Insider flow
Distributing
Net -$1.3M over 90 days · 100% sells
Short interest
Rising
6.73% of float · ▲ +2.5% MoM · 6.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
956 holders — near 3-yr high, broad support
Squeeze score
75
high risk · 0–100
Fundamentals
Revenue growth
+6%
Y/Y
Gross margin
79%
expanding
EPS growth
+12%
Y/Y
Free cash flow
$1.9B
Valuation
P/E 32.2
below peers
Buyback
$1.0B
authorized
Balance sheet
$417.0M
net debt
Quant / Vol
risk profile
Volatility
43%
annualized · 1-yr
Max drawdown
−26%
past year
ATR
4.0%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed May 28, 2026
Net revenues
· full fiscal year 2027
$7.33B – $7.58B
Consolidated gross margins
· full fiscal year 2027
67.5% – 68.5%
Consolidated gross margins
· full fiscal year 2027
68.5% – 69.5%
Operating margins
· full fiscal year 2027
22.1% – 23.1%
Operating margins
· full fiscal year 2027
29.1% – 30.1%
Earnings per share
· full fiscal year 2027
$6.51 – $6.81
Earnings per share
· full fiscal year 2027
$8.70 – $9.00
Prior guidance
period ended
· from the 8-K filed May 28, 2026
Net revenues
· first quarter of fiscal year 2027
$1.75B – $1.9B
Consolidated gross margins
· first quarter of fiscal year 2027
68.1% – 69.1%
Consolidated gross margins
· first quarter of fiscal year 2027
69.1% – 70.1%
Operating margins
· first quarter of fiscal year 2027
19.4% – 20.4%
Operating margins
· first quarter of fiscal year 2027
28.4% – 29.4%
Earnings per share
· first quarter of fiscal year 2027
$1.35 – $1.45
Earnings per share
· first quarter of fiscal year 2027
$2.05 – $2.15
Guided vs delivered
· last 8 settled
GAAP Guidance - Net Income Per Share
Second Quarter Fiscal 2026
guided $1.35 – $1.45
$1.51
Beat +7.9%
GAAP Guidance - Net Income Per Share
Fiscal 2026
guided $5.72 – $6.02
$6.35
Beat +8.2%
FY 2024 revenue
FY 2024
guided $6.19B – $6.34B
$5.66B
Miss −9.6%
Q4 revenue
Q4
guided $1.59B – $1.74B
$1.06B
Miss −36.3%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+54%
Bullish
Price vs 50-day avg
+13%
Bullish
RSI (14)
59
Neutral
MACD trend
Positive
Bullish
52-week position
89%
Bullish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $172 › 200d $126 — 50d above 200d
Institutional flow
Accumulating
+13% holders QoQ · +199 funds added
Insider flow
Distributing
Net -$1.3M over 90 days · 100% sells
Short interest
Rising
6.73% of float · ▲ +2.5% MoM · 6.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
956 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $94
Now $194 · 89%
Range high $207
vs 200-day avg +54%
vs 50-day avg +13%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Public Cloud revenue | $688M | FY2026 | +3.5% |
|
|
|||
| All-flash array net revenue | 1.2B | Q4 FY2026 | — |
|
|
|||
| All-flash array net revenue growth | 18% | Q4 FY2026 | — |
| Billings non-GAAP | $7.21B | FY2026 | — |
| Billings growth | 6% | FY2026 | — |
| Free cash flow non-GAAP | $1.87B | FY2026 | — |
GAAP → non-GAAP reconciliationGAAP Net Cash Provided by Operating Activities $2.07B
-$198M Purchases of Property and Equipment
= Free Cash Flow $1.87B
|
|||
| Public Cloud net revenue growth | 11% | Q4 FY2026 | — |
| Return to stockholders through share repurchases and cash dividends | 1.36B | FY2026 | — |
| Annualized net revenue run rate | $4.2B | Q3 FY2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Infrastructure — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NTAP
this stock
NetApp, Inc.
|
$40.01B | +81.6% | +5.6% | 32.2 | 6.7% |
|
MSFT
Microsoft Corp
|
$3.57T | +0.1% | +6.9% | 26.8 | 1.1% |
|
ORCL
Oracle Corp
|
$413.69B | -26.2% | +17.3% | 24.6 | 1.7% |
|
PLTR
Palantir Technologies Inc.
|
$413.22B | -1.4% | +56.2% | 147.0 | 2.8% |
|
PANW
Palo Alto Networks Inc
|
$303.58B | +95.3% | +29.0% | 305.3 | 2.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NTAP | -3.8% | +16.8% | +96.2% | +9.0% | +81.6% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -3.3% | +13.9% | +84.6% | +6.0% | +68.8% |
Capital returns
Latest dividend
$0.52
/ share · ex Jul 10, 2026
Paid (TTM)
$2.08
/ share · 4 payouts
Dividend yield (TTM, derived)
1.07%
Buyback program
· as of May 21, 2026
Authorized
$1.00B
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1002047
CUSIP
64110D104
13F (30d)
855 filings
822 filers
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