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NetApp Inc NTAP Stock Quote

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Last close prices updated as of May 31, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 66.3
  • Sector Technology
  • Industry Computer Hardware
  • Investment Style Mid Blend
  • Day Range 66.01  –  68.20
  • Year Range 58.08  –  79.09
  • Market Cap 14.1926 Bil
  • Volume / Avg 7.4 Mil /  2.1 Mil
  • Price / Sales 2.29
  • Price / Book 12.87
  • Forward Div Yield 3.02%
  • Trailing Div Yield 3.01%

Morningstar‘s Stock Analysis NTAP

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Key Statistics NTAP

Company Profile NTAP

Business Description

NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.

3060 Olsen Drive
San Jose, CA, 95128
Industry Computer Hardware
Employees 12,000

Related Articles NTAP

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of NTAP’s competitive advantage.

NetApp Inc


Pure Storage Inc Class A


Hewlett Packard Enterprise Co

−$2.75 (3.98%) −$0.61 (2.07%) −$1.10 (7.09%)
Market Cap
14.19 Bil8.85 Bil18.69 Bil
Computer Hardware Computer Hardware Communication Equipment

* Trading data in this section is delayed by at least 15 minutes.

FAQs for NetApp Inc Stock

Yes. NTAP has a forward dividend yield of 3.02%. See NTAP’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

NTAP’s market cap is 14.19 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

NTAP’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

NTAP’s price/sales is 2.29.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

NTAP’s price/forward earnings is 11.45.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

NTAP’s price/book is 12.87.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See NTAP’s valuation ratios compared to the Market Index.

NTAP’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare NTAP’s historical performance against its industry peers and the overall market.