Netapp (NTAP) Stock
Data storage systems and cloud services for enterprises. Here's the price, business snapshot, and what's worth knowing about Netapp in August 2026.
NetApp, Inc. (NTAP) is a US-based provider of data storage systems and cloud data services, helping organisations store, manage and protect data across on-premise and cloud environments. In recent years NetApp has shifted from primarily selling hardware to emphasising software, cloud integrations and subscription-based services — a move that aims to grow recurring revenue and improve margins but requires execution. Investors should watch subscription growth, software mix, gross margins, free cash flow and customer retention, as these signal the success of the cloud transition. Key strengths include long-standing enterprise relationships and partnerships with major cloud providers, while risks include cyclical IT spending, strong competition from cloud hyperscalers and software rivals, and execution risk during the transition. This is general informational content only and not personalised advice; values can fall as well as rise. Consider your objectives and consult a qualified financial adviser before investing.
Why It’s Moving
NetApp is drawing analyst support as investors focus on steady execution and resilient enterprise demand.
- Analysts remain constructive on NetApp’s outlook, with recent estimates clustering around low-double-digit upside, suggesting expectations for steady execution rather than a dramatic re-rating.
- The setup is being driven more by earnings durability and cash-generation quality than by a single catalyst, which keeps investor attention on margin discipline and recurring software/storage demand.
- Recent analyst revisions and target updates indicate confidence that NetApp can keep benefiting from enterprise data infrastructure spending, even as broader tech sentiment stays mixed.
NetApp is drawing analyst support as investors focus on steady execution and resilient enterprise demand.
- Analysts remain constructive on NetApp’s outlook, with recent estimates clustering around low-double-digit upside, suggesting expectations for steady execution rather than a dramatic re-rating.
- The setup is being driven more by earnings durability and cash-generation quality than by a single catalyst, which keeps investor attention on margin discipline and recurring software/storage demand.
- Recent analyst revisions and target updates indicate confidence that NetApp can keep benefiting from enterprise data infrastructure spending, even as broader tech sentiment stays mixed.
When is the next earnings date for NETAPP INC (NTAP)?
NetApp’s next earnings date is most commonly estimated for August 26, 2026, although some market calendars show a range into early September and the company has not formally confirmed the date. The upcoming report is expected to cover fiscal Q1 2027. For investor briefings, the safest phrasing is that NTAP is expected to report in the late-August 2026 window.
Stock Performance Snapshot
Analyst Rating
Analysts recommend selling NetApp's stock with a target price of $123.62, indicating potential loss.
Financial Health
NetApp is performing well with strong profits and cash flow, indicating solid financial stability.
Dividend
NetApp's dividend yield of 1.19% is below average, indicating limited income potential from dividends. If you invested $1000, you would be paid $11.90 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Discover More Opportunities
APPLE INC
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players.
DELL TECHNOLOGIES INC
Designs, develops, manufactures, sells, and supports a wide range of computer products and services.
HEWLETT PACKARD ENTERPRISE CO
Hewlett Packard Enterprise Co. is an IT company
Baskets Featuring NTAP
The AI Hardware Supercycle Explained for Investors
Hewlett Packard Enterprise is hitting its 2028 financial targets two years early due to surging demand for AI infrastructure and networking gear. This accelerated growth highlights a lucrative, multi-year opportunity for companies supplying the physical hardware backbone of the artificial intelligence boom.
Published: 2 June 2026
Explore BasketFederal IT Consolidation (The Pentagon's $9.7B Deal)
Dell's massive $9.7 billion contract to consolidate Microsoft software for the Pentagon marks a major leap forward in federal IT modernization. This basket highlights the technology vendors, cloud providers, and systems integrators positioned to profit as government agencies centralize their digital infrastructure.
Published: 28 May 2026
Explore BasketAI Infrastructure Stocks | Big Tech's Pivot
Meta is cutting 20% of its Washington state workforce to free up resources for a massive push into artificial intelligence. This strategic capital reallocation creates a lucrative opportunity for the hardware and infrastructure companies supplying the technology for this corporate pivot.
Published: 27 May 2026
Explore BasketAI Data Storage Stocks | Hardware Investment Theme
Seagate's impressive earnings, driven by AI's insatiable need for data, spotlight a crucial part of the tech ecosystem. This creates a compelling investment case for companies specializing in data storage, memory, and the hardware that underpins the AI revolution.
Published: 28 January 2026
Explore BasketCritical Data Infrastructure | Market Disruption Analysis
A cooling system failure at a third-party data center halted the Chicago Mercantile Exchange, disrupting global markets. This highlights a growing investment opportunity in companies that provide the critical infrastructure and services ensuring data center reliability and uptime.
Published: 29 November 2025
Explore BasketTech Stocks (AI Valuation Reset) Present Potential Entry
Recent market turmoil, driven by concerns over AI stock valuations, has led to a significant drop in global markets. This correction creates a potential opportunity to invest in fundamentally sound technology companies at more attractive prices.
Published: 17 November 2025
Explore BasketBerkshire Tech Bet: What's Next for Big Tech Giants
Warren Buffett's Berkshire Hathaway is strategically shifting its tech holdings, buying a major stake in Alphabet while trimming its Apple position. This signals a potential re-evaluation of value in the big tech landscape, creating opportunities for other dominant tech companies with strong fundamentals.
Published: 15 November 2025
Explore BasketiPhone 17 Suppliers: Which Stocks May Benefit Most?
Apple's record-breaking iPhone 17 sales are creating a massive demand shock across its global supply chain. This theme focuses on the key component manufacturers and suppliers poised to benefit from the surge in production orders.
Published: 31 October 2025
Explore Basket
Powering Amazon's $100B AI Expansion
Amazon's strong earnings were driven by its AWS cloud division, which is now set for a $100 billion infrastructure investment. This massive expansion creates a significant opportunity for companies that supply the essential hardware and components for data centers and AI.
Published: 3 August 2025
Explore BasketWhy You’ll Want to Watch This Stock
Shift to Subscriptions
NetApp’s move from hardware to software and subscriptions can smooth revenue and lift margins over time, though transition execution and timing can vary.
Cloud Partnerships Matter
Integrations with AWS, Azure and Google Cloud open hybrid-cloud opportunities, but competition from cloud-native providers and hyperscalers remains a material challenge.
Margin & Cash Flow
Investors often watch gross margins, free cash flow and subscription mix as signs of durable profitability; remember these metrics can fluctuate with IT spending cycles.
Compare NetApp with other stocks
Affirm vs NetApp
Affirm vs NetApp: A concise business comparison.
Jabil vs NetApp
Jabil vs NetApp: A business comparison
NetApp vs Flex
NetApp vs Flex: a company comparison
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
