The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

NTAP

Concerning the House

NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

United States · www.netapp.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$6.36B+12.1%
Gross profit$4.61B+16.8%
Operating income$1.34B+3.5%
Net income$1.19B+23.1%
Cash from ops$1.69B+7.4%
Quotation

$204.99

+2.94 (+1.5%)

52w hi$204.99
52w lo$93.35
Vol3.07M
As ofAug 13
The Verdict

Buy

Our score +0.75

Short+0.67
Medium+0.89
Long+0.64

computed 2026-08-13

By the Numbers

NetApp, Inc.

Technology · Software - Infrastructure

Market cap$40.16B
Enterprise value$38.73B
Trailing P/E32.33x
Forward P/E20.58x
EV / EBITDA20.56x
P / S (ttm)5.81x
Profit margin18.4%
Return on equity106.7%
Revenue growth+12.5%
Earnings growth+23.4%
Debt / equity202.29
Risk Metrics
Beta vs SPX1.29
Corr SPX0.52
Annual vol40.4%
Annual ret+35.2%
Sharpe0.87
Max DD-43.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.25
Sector+0.15
Technical+0.29
Earnings+0.00
Sentiment+0.39

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$203.31$209.06$203.00$204.993.07M
Aug 12$202.04$202.32$198.70$202.051.58M
Aug 11$198.80$201.00$194.21$198.472.07M
Aug 10$193.13$202.27$193.13$198.724.08M
Aug 7$194.18$194.18$186.42$189.521.74M