NTAP · NetApp, Inc.
$215.05
+4.97 (+2.37%)
At close · Oct 1
Return incl. dividend (before tax)
Market Cap
$39.51B
Shares
196.42M
Volume · Oct 1
2.35M
Avg daily vol (3M)
2.55M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$215.05
Open$211.75
Day$208.03–215.22
52W close$94.11–215.05
Avg vol 30d2.5M
Short int10.1M · 5.2% float · 3.6d
Short vol67%
Last earningsSep 2, 2026
DataJan 2020–Oct 2026
Filing10-Q · Sep 2
Up next
Next earnings call
Dec 3, 2026
Est · unconfirmed
· in 9 wks
filed Sep 2, 2026
call held Sep 2, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$6.66B
Trailing 12 months
Net income (TTM)
$1.42B
Trailing 12 months
Revenue growth YoY
+30.1%
Year over year
Operating margin
27.8%
Trailing 12 months
P / E (TTM)
29.7
Trailing earnings · reciprocal yield 3.4%
FCF yield
4.2%
TTM · current market cap
Return on invested capital
352.4%
Trailing 12 months
Net cash
$1.09B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-1.5%
Year over year · fewer shares
Price change (1Y)
+77.3%
Trailing year
Short interest
5.2%
Latest settlement · 3.6 days to cover
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Bullish
Fundamentals
Excellent
Quant / Vol
Moderate
Market backdrop
VIX 16.4 · calm
Equity put/call 0.57
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+56%
above
Price vs 50-day avg
+13%
above
RSI (14)
70
overbought
MACD trend
Positive
52-week position
100%
near high
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+19%
trailing
6-month return
+124%
trailing
YTD return
+101%
this year
Relative strength
+112%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $191 › 200d $138 — 50d above 200d
Institutional flow
Accumulating
1 of 978 funds reported for Sep 30 · net +6 sh shares · +1 new
Insider flow
Distributing
Net -$1.2M over 90 days · 100% sells
Short interest
Falling
5.17% of float · ▼ -5.6% MoM · 3.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
978 holders — near 3-yr high, broad support
Squeeze score
63
elevated · 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 28.4
below peers
Buyback
$1.3B
remaining
Balance sheet
$417.0M
net debt
Quant / Vol
risk profile
Volatility
45%
annualized · 1-yr
Max drawdown
−23%
past year
ATR
3.6%
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 Sep 2, 2026
second quarter of fiscal year 2027
Consolidated gross margins
Initiated
66% – 67%
Operating margins
Initiated
24.9% – 25.9%
Consolidated gross margins
Initiated
67% – 68%
Operating margins
Initiated
30.9% – 31.9%
Earnings per share
Initiated
$2.54 – $2.64
full fiscal year 2027
Consolidated gross margins
Initiated
67.1% – 68.1%
Operating margins
Initiated
24.3% – 25.3%
Consolidated gross margins
Initiated
68.1% – 69.1%
Operating margins
Initiated
30.3% – 31.3%
Earnings per share
Initiated
$9.73 – $10.03
Second Quarter Fiscal 2027
Gross Margin
Initiated
66% – 67%
Gross Margin
Initiated
67% – 68%
Net Income Per Share
Initiated
$1.97 – $2.07
prior qtr $1.88
midpoint +7.4% QoQ
Operating Margin
Initiated
24.9% – 25.9%
Operating Margin
Initiated
30.9% – 31.9%
Fiscal 2027
Gross Margin
Initiated
67.1% – 68.1%
Operating Margin
Initiated
24.3% – 25.3%
Gross Margin
Initiated
68.1% – 69.1%
Net Income Per Share
Initiated
$7.35 – $7.65
prior FY $6.35
midpoint +18.1% Y/Y
Operating Margin
Initiated
30.3% – 31.3%
Guided vs delivered
· last 6 settled
GAAP Guidance - Net Income Per Share
Fiscal 2024
guided $4.52 – $4.62
$4.63
Beat +1.3%
GAAP Guidance - Net Income Per Share
Third Quarter Fiscal 2024
guided $1.17 – $1.27
$1.48
Beat +21.3%
Net revenues
fiscal Q3
guided $1.53B – $1.68B
$1.61B
In line
Net revenues
Q3
guided $1.34B – $1.49B
$1.47B
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+56%
Bullish
Price vs 50-day avg
+13%
Bullish
RSI (14)
70
Bearish
MACD trend
Positive
Bullish
52-week position
100%
Bullish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $191 › 200d $138 — 50d above 200d
Institutional flow
Accumulating
1 of 978 funds reported for Sep 30 · net +6 sh shares · +1 new
Insider flow
Distributing
Net -$1.2M over 90 days · 100% sells
Short interest
Falling
5.17% of float · ▼ -5.6% MoM · 3.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
978 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $94
Now $215 · 100%
Range high $215
vs 200-day avg +56%
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 |
|---|---|---|---|
| All-flash array net revenue | 1.3B | Q1 FY2027 | — |
|
|
|||
| Billings non-GAAP | 2.06B | Q1 FY2027 | — |
GAAP → non-GAAP reconciliationGAAP Net revenues 2.03B
+32M Change in deferred revenue
= Billings 2.06B
|
|||
| Deferred Revenue | $4.85B | Q1 FY27 | — |
| DPO (days) | 92 | Q1 FY27 | — |
| DSO (days) | 47 | Q1 FY27 | — |
| Free cash flow non-GAAP | $401M | Q1 FY2027 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities 503M
-102M Purchases of property and equipment
= Free cash flow 401M
|
|||
| Free Cash Flow Margin non-GAAP | 19.8% | Q1 FY27 | — |
| Inventory Turns | 6 | Q1 FY27 | — |
| Non-GAAP Net Income non-GAAP | $515M | Q1 FY27 | — |
GAAP → non-GAAP reconciliationGAAP NET INCOME 375M
+6M Amortization of intangible assets
+98M Stock-based compensation
+56M Restructuring charges
+1M Acquisition-related expense
+0M Gains/losses on the sale or derecognition of assets
-21M Income tax effects
= NON-GAAP NET INCOME 515M
|
|||
| Non-GAAP operating margin non-GAAP | 31.9% | Q1 FY2027 | — |
| Non-GAAP Services gross margin non-GAAP | 85.7% | Q1 FY27 | — |
| Non-GAAP Weighted Average Common Shares Outstanding, Diluted non-GAAP | 200M | Q1 FY27 | — |
| Public Cloud net revenue | 206M | Q1 FY2027 | — |
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.
|
$39.51B | +100.8% | +5.6% | 28.4 | 5.2% |
|
MSFT
Microsoft Corp
|
$3.83T | +6.0% | +6.9% | 28.8 | 0.9% |
|
PLTR
Palantir Technologies Inc.
|
$455.79B | +6.9% | +56.2% | 162.1 | 2.5% |
|
ORCL
Oracle Corp
|
$414.55B | -29.2% | +17.3% | 21.5 | 1.7% |
|
PANW
Palo Alto Networks Inc
|
$306.54B | +115.1% | +29.0% | — | 2.7% |
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 | +9.0% | +19.0% | +124.2% | +2.4% | +100.8% |
| SPY | -0.4% | -0.2% | +12.4% | +0.2% | +12.0% |
| vs SPY | +9.5% | +19.1% | +111.7% | +2.2% | +88.8% |
Capital returns
Declared · upcoming
$0.52
/ share · ex Oct 9, 2026
Paid (TTM)
$0.00
/ share · 0 payouts
Dividend yield (TTM, derived)
— · no payout in the trailing year
Buyback program
· as of Jul 31, 2026
Authorized
—
Spent (derived)
—
Remaining
$1.30B
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)
36 filings
22 filers
Visit website
Investor relations