NetApp, Inc. (NTAP)
Technology · end-of-day data as of Oct 16, 2026
The average 12-month analyst price target for NTAP is $222.64, 9.2% above the last close of $203.80 on Oct 16, 2026; targets range from $172.57 to $308.92. Rating consensus: Buy.
Snapshot
- P/E28.7x
- P/E vs sector-13.9%
- P/E vs own+45.8%
- Target upside+9.2%
- ConsensusBuy
- Market cap$40.03B
- FCF yield+4.1%
- Insiders-$36.24M
- Earnings in46d
- News0.00
Why it moved
NetApp, Inc. (NTAP) fell 5.1% on Oct 16, 2026.
The market (SPY) fell 1.1%; Technology stocks fell 3.3%. Most of the move came from its sector.
0 stories on the day (30-day average 2.0).
Market = SPY. Sector = equal-weight average of the tracked companies in the same sector, net of the market.
Price and events
Last close $203.80 · +73.3% over 1y · E earnings · D dividend · S split · A analyst rating change
Technicals
- Trendbullish
- Sector▲ +1.1%
- MAs20▼ 50▲ 100▲ 200▲
- Above MAs3 of 4 above
- MA20×50—
- RSI44
- Support-11.6%
- Resistance—
- Off 52w high-14.8%
- Off ATH-14.8%
- 52w range$203.80
- Bollingerlower half
- MACD-2.16
- ATR+4.5%
- Volume1.2x
Analyst price targets
10 firms with a target in the last 12 months · last close $203.80 · as of Oct 16, 2026
Strong buy 2 · Buy 7 · Hold 12 · Sell 0 · Strong sell 0
Revenue and free cash flow
Q1 FY2027: Revenue +29.9% year over year, free cash flow 19.8% of revenue, operating margin 26.7%.
| Q1 FY2027 | Jul 31, 2026 | $2.02B | 1.88 | $401M | 70.1% | 26.7% | 18.5% |
| Q4 FY2026 | Apr 24, 2026 | $1.95B | 2.03 | $900M | 70.1% | 27.3% | 20.7% |
| Q3 FY2026 | Jan 23, 2026 | $1.71B | 1.67 | $271M | 70.6% | 25.2% | 19.5% |
| Q2 FY2026 | Oct 24, 2025 | $1.71B | 1.51 | $78M | 72.0% | 23.4% | 17.9% |
| Q1 FY2026 | Jul 25, 2025 | $1.56B | 1.15 | $620M | 70.4% | 19.8% | 14.9% |
| Q4 FY2025 | Apr 25, 2025 | $1.73B | 1.65 | $640M | 68.9% | 20.1% | 19.6% |
| Q3 FY2025 | Jan 24, 2025 | $1.64B | 1.44 | $338M | 69.8% | 22.1% | 18.2% |
| Q2 FY2025 | Oct 25, 2024 | $1.66B | 1.42 | $60M | 71.0% | 20.8% | 18.0% |
Peers
| 20D | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1 |  | $1,299.30 | -6.8% | -44.4% | +58.8% | 17.6 | $188B | |
| 2 |  | $639.01 | -7.5% | -41.5% | +55.3% | 46.0 | $145B | |
| 3 |  | $332.00 | -6.9% | -55.5% | +69.9% | 13.4 | $124B | |
| 4 |  | $55.13 | -6.0% | -25.0% | +31.3% | 28.7 | $73.18B | |
| 5 |  | $124.01 | -7.0% | -21.0% | +10.8% | 169.9 | $41.32B | |
| 6 | | $203.80 | -5.1% | -14.8% | +9.2% | 28.7 | $40.03B | |
| 7 |  | $30.01 | -2.7% | -15.4% | -16.7% | 11.5 | $27.06B | |
| 8 |  | $31.63 | -9.9% | -42.5% | +45.6% | 9.7 | $20.78B |
Data as of Oct 16, 2026 close.
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