NetApp

NTAP · NASDAQ · USD

$215.05Change from previous close: +2.37%Absolute change: +$4.97

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$42.24B
Enterprise value
$41.2B
P/E (trailing 12 months)
29.7
Forward P/E
19.3
PEG
2.33
Price/book
28.2
Price/sales
5.72
EV/EBITDA
19.7
EV/revenue
5.57

Profitability and growth

Gross margin
70.6%
Operating margin
26.7%
Net margin
19.2%
ROE
114.8%
ROA
11.7%
Revenue growth (year over year)
29.9%
Earnings growth (year over year)
63.5%

Financial health

Total cash
$3.58B
Total debt
$2.53B
Debt/equity
1.69
Current ratio
1.24
Quick ratio
0.99

Dividends

Annual dividend per share
$2.08
Dividend yield
1.0%
Payout ratio
29.4%
Ex-dividend date
October 9, 2026

Analysts and estimates

Average price target
$198.25
Median price target
$197.00
High price target
$220.00
Low price target
$170.00
Analysts with a price target
16
Consensus
Buy
Forward EPS
$11.12
EPS estimate, current year
$10.01

Shares and trading

Beta
1.43
Average volume
2.55M
Shares outstanding
196.42M
Float
195.35M
Institutional ownership
101.9%
Insider ownership
0.4%
Short interest (% of float)
5.2%
Short ratio (days)
4.12