Nama's AI scorecard currently rates NetApp Buy (7.8 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is NTAP's P/E ratio?

NetApp trades at a trailing price-to-earnings ratio of 20.8.

When does NTAP report earnings?

NetApp's next scheduled report is on Dec 1, 2026. Analysts expect EPS of $2.37.

What is the NTAP price target?

The median analyst price target from 16 analysts is $197.00, with a range of $170.00 – $300.00.

Is NTAP Shariah compliant?

Nama's AAOIFI-style screen reads NetApp as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.

Does NTAP pay a dividend?

Yes — NetApp's dividend yield is 1.2%.

Nama Insights

NetApp (NTAP)

Technology · Software Infrastructure · NASDAQ

S&P 500

NetApp (NTAP) is a Technology company in the Software Infrastructure industry. It has a market capitalization of $33.23B, a trailing price-to-earnings ratio of 20.8 and a free-cash-flow yield of 5.5%. Over the most recent reported fiscal year, revenue grew 5.4% and free cash flow per share grew 45.2%. Nama's AI scorecard rates it Buy, 7.8 out of 10. On 12-month momentum it ranks in the leading band of its market.

AI scorecard

Buy · 7.8/10

Clearly positive, short of the top band. As of Nov 7, 2026.

Momentum

Leading · +107.2% over 12 months ex. last

Top 20% of its market on the past year's steady rise.

Shariah screen

Shariah Compliant

Passes our debt, cash and income screen; not a scholar's ruling.

Off its high

-29.8%

How far the last close sits under the highest price of the past five years.

Market cap	$33.23B
Trailing P/E	20.8
Price / book	22.2
Price / sales	4.5
FCF yield	5.5%
Dividend yield	1.2%
Gross margin	70.7%
Operating margin	24.5%
Net margin	18.4%
Revenue growth (YoY)	+5.4%
Revenue growth (3-yr annual)	+2.9%
EPS growth (YoY)	+12.1%
FCF/share growth (YoY)	+45.2%
Beta	1.4
Exchange	NASDAQ
Sector	Technology
Industry	Software Infrastructure

NTAP earnings

Next report: Dec 1, 2026 (Q2 2027, EPS estimate $2.37). Beat the EPS estimate in 4 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q4 2026	May 28, 2026	$2.43	$2.27	+7.0%	$1.95B
Q3 2026	Feb 26, 2026	$2.12	$2.06	+2.9%	$1.71B
Q2 2026	Nov 25, 2025	$2.05	$1.88	+9.0%	$1.71B
Q1 2026	Aug 27, 2025	$1.55	$1.54	+0.7%	$1.56B

NTAP analyst price target

Median target $197.00 from 16 analysts, ranging $170.00 – $300.00.

Software Infrastructure peers

Ticker	Company	Market cap	P/E
MSFT	Microsoft	$3.94T	29.4
PLTR	Palantir Technologies	$386.44B	112.2
ORCL	Oracle	$361.97B	14.4
PANW	Palo Alto Networks	$256.86B	81.9
CRWD	CrowdStrike	$222.09B	195.4
NET	Cloudflare	$95.70B	224.0
FTNT	Fortinet	$87.31B	34.5
SNPS	Synopsys	$86.32B	32.3

Explore live NTAP data on Nama Insights →

NTAP FAQ

Is NTAP a buy?: Nama's AI scorecard currently rates NetApp Buy (7.8 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is NTAP's P/E ratio?: NetApp trades at a trailing price-to-earnings ratio of 20.8.
When does NTAP report earnings?: NetApp's next scheduled report is on Dec 1, 2026. Analysts expect EPS of $2.37.
What is the NTAP price target?: The median analyst price target from 16 analysts is $197.00, with a range of $170.00 – $300.00.
Is NTAP Shariah compliant?: Nama's AAOIFI-style screen reads NetApp as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.
Does NTAP pay a dividend?: Yes — NetApp's dividend yield is 1.2%.