Insider buying last 90 days
No open-market insider purchases were filed for NTAP in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every NTAP insider filing, plotted on the chart in Gekko.Open NTAP in Gekko
NASDAQ: NTAP
NetApp (NTAP) Stock Analysis & Forecast
Nov 4 close
$187.67−3.11 (−1.6%)
Gekko Brief
AI summaryNov 4 closeNetApp shares have pulled back this week even as the company completed its acquisition of Peak:AIO, a metadata specialist, integrating it into the Ontap platform to expand zettabyte-scale AI storage capabilities. Separately, Goldman Sachs maintained its Buy rating on NetApp with a target price of $240, while other coverage noted the stock's recent decline of 6.99% in a single session against a 0.51% drop for the S&P 500, and a one-month decline of 11.97%.
NetApp closed at $187.67, down 1.6%, sitting between its 50-day average of $205.12 and 200-day average of $151.35. The GekkoIndex reads 65, placing the stock in the Accumulation zone, up 11.3 over five readings. The current price stands 12.6% above the Gekko Fair Value of $166.63.
Over the next 20 trading days, the next earnings date falls on 1 December 2026, after the close, 26 days away, putting the report inside this holding window. The prior quarter saw EPS of $2.58 against an estimate of $2.12, with a reaction of 1.2%, and the company has beaten estimates in 7 of 8 recent quarters, with an average absolute reaction of 6.8%. No insider, Congress, or unusual options activity appears in their respective windows. Seasonally, the next 20 trading days have averaged a 4.3% return over 5 years, rising in 3 of them. Analyst consensus across 17 firms carries a target of $211.69, implying 12.8% upside.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
NetApp price vs fair value
Close $187.67200-day averageGekko Fair Value $166.63
NetApp quick facts
- Market cap
- $36.86B
- P/E ratio
- 26.1
- Forward P/E
- 22.1
- EPS, TTM
- $7.09
- Revenue, TTM
- $7.39B
- Profit margin
- 19.2%
- Dividend yield
- 1.04%
- Beta
- 1.51
- Volume
- 1.90M avg 2.05M
- 1-year return
- +60.5%
- Typical daily move
- ±5.5%
- Typical 20-day move
- ±5.7%
- 50-day average
- $205.12
- 200-day average
- $151.35
- Next earnings
- Dec 1 after close
- Shares outstanding
- 196.4M
NetApp swing-trade checklist
NetApp scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive1 mixed2 headwinds
- Trendmixed
Averages disagree
Close $187.67 sits between the 50-day ($205.12) and 200-day ($151.35) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
65, Accumulation
Reading 65 is in the Accumulation zone.
See the GekkoIndex - Fair valueheadwind
12.6% above
Price is 12.6% above Gekko Fair Value (more than 5% above).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 26 days
Reports on Dec 1, 2026, 26 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+4.3% on average
From this point in the calendar, the next 20 trading days averaged +4.3% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
NetApp stock chart and price history
NetApp closed at $187.67 on Nov 4, 2026, +60.5% over the past year, inside a 52-week range of $93.69 to $240.87.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −17.9%
- 3 months
- −2.0%
- 6 months
- +68.0%
- 1 year
- +60.5%
The full NTAP chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open NTAP in Gekko
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About NetApp
NetApp helps organizations store, move, and manage data across their own facilities, private cloud systems, and public cloud platforms. It is known for its ONTAP data management software, which underpins a broader set of tools covering backup, replication, compliance, and disaster recovery. Alongside this software, the company builds storage hardware and provides cloud-native storage services designed to work within major cloud platforms, along with tools for monitoring, security, and cost management in cloud environments.
The business is structured around two main areas: Hybrid Cloud, covering on-premises and mixed infrastructure, and Public Cloud, covering cloud-based offerings. NetApp also provides consulting, implementation, and ongoing support services to help customers set up and run its systems. Its customers span many types of organizations, including those in energy, government, finance, healthcare, life sciences, manufacturing, media production, technology, and telecommunications. NetApp sells directly to customers and also works through a network of partners.
NetApp was founded in 1992 and is based in San Jose, California. Its shares are listed on the NASDAQ under the ticker NTAP.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Industry
- Computer peripherals
- Website
- netapp.com
NetApp GekkoIndex: the smart money zone
NetApp’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 65, in the Accumulation zone, up 11.3 points over five sessions.
65Accumulation
Up 11.3 points over five sessions, from the Neutral zone.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 25 | +1.7% | +0.7% | ||
| Accumulation (current zone) | 179 | +1.0% | +3.5% | ||
| Neutral | 426 | +0.5% | +3.3% | ||
| Distribution | 61 | +1.1% | +5.5% | ||
| Selling | 6 | Too few readings yet | |||
Average NTAP share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the NTAP price, zone by zone.Track NTAP in Gekko
Is NetApp stock overvalued? Gekko Fair Value
NetApp trades 12.6% above Gekko Fair Value of $166.63, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what NetApp shares are worth, recalculated every trading day.
$166.63
Gekko Fair Value, Nov 4, 2026
12.6% Overvalued
At the end of Aug 2026 the price was 30.6% above the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open NTAP in Gekko
NetApp insider and Congress trading
No open-market insider purchases were filed for NetApp, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in NTAP were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for NTAP, plotted on the chart in Gekko.Open NTAP in Gekko
Buybacks
NetApp has been buying back its own shares.
- Latest authorization
- $1.00B, May 28, 2026
- Bought back, quarter ended Jul 31, 2026
- $200.0M
- As a share of market cap
- 0.54%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
2of the funds Gekko tracks hold NTAP.
0added1opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
NetApp earnings: next date and track record
NetApp reports on Dec 1, 2026, after the close (26 days away), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Dec 1, 2026
Expected after the close, 26 days away
- EPS estimate
- $2.60
- Revenue estimate
- $2.10B
7 of 8reports beat the EPS estimate
±6.8%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Sep 2, 2026 AI summary
- What they said
- NetApp delivered a record Q1 FY2027 with revenue of $2.03 billion, up 30% year-over-year, exceeding guidance on every metric. Gross profit grew 29% to $1.43 billion, operating margin reached 31.9%, and EPS surged 66% year-over-year. All-flash array revenue hit $1.31 billion (+47% YoY) and public cloud revenue reached $206 million (+28% YoY). Management cited structural demand improvement and AI-driven data infrastructure adoption as key growth drivers.
- Guidance
- Following the strong Q1 performance, NetApp materially raised its full-year FY2027 outlook. Management cited broad-based demand momentum, AI workload expansion, and deeper customer engagement as drivers of sustained growth, though specific numerical targets were not included in the provided excerpt.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Sep 2, 2026 | $2.58 est $2.12 | $2.03B est $1.84B | +1.2% |
| May 28, 2026 | $2.43 est $2.27 | $1.95B est $1.87B | +22.1% |
| Feb 26, 2026 | $2.12 est $2.06 | $1.71B est $1.70B | −2.8% |
| Nov 25, 2025 | $2.05 est $1.88 | $1.71B est $1.69B | +0.3% |
| Aug 27, 2025 | $1.55 est $1.54 | $1.56B est $1.55B | +7.1% |
| May 29, 2025 | $1.93 est $1.90 | $1.73B est $1.72B | −0.5% |
| Feb 27, 2025 | $1.91 est $1.91 | $1.64B est $1.68B | −19.8% |
| Nov 21, 2024 | $1.87 est $1.78 | $1.66B est $1.65B | −0.9% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
NetApp stock forecast and analyst price targets
Analysts’ average 12-month price target for NetApp is $211.69, +12.8% from the last close, from 17 firms rating the stock in the last 90 days.
$211.69consensus 12-month target, +12.8% from the last close
Now $187.67Avg $211.69
Low $170High $300
Each firm’s latest rating in the last 90 days: 17 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 25 | Guggenheim | — | — |
| Oct 14 | Barclays | $219 | +16.7% |
| Oct 7 | Evercore ISI | $300 | +59.9% |
| Oct 6 | Goldman Sachs | $240 | +27.9% |
| Oct 6 | TD Cowen | $250 | +33.2% |
+3.5%average 20-day move after past Accumulation readings
+4.3%average move over the next 20 trading days in the last 5 years
±5.5%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
NetApp seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, NetApp averaged +4.3% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +2.6% | 4 of 5 |
| Next 10 trading days | +0.6% | 3 of 5 |
| Next 15 trading days | +2.7% | 3 of 5 |
| Next 20 trading days | +4.3% | 3 of 5 |
| Next 30 trading days | +1.1% | 2 of 5 |
For scale, NTAP’s typical 20-trading-day move in either direction is about 5.7%.
NetApp market cap and key statistics
NetApp’s market cap is $36.86B, with a P/E ratio of 26.1 and revenue of $7.39B over the last twelve months.
Valuation
- Market cap
- $36.86B
- P/E ratio
- 26.1
- Forward P/E
- 22.1
- EPS, TTM
- $7.09
- Gekko Fair Value
- $166.63
Trading
- Volume
- 1.90M
- Avg volume, 20 days
- 2.05M
- 52-week high
- $240.87
- 52-week low
- $93.69
- Shares outstanding
- 196.4M
Financials
- Revenue, TTM
- $7.39B
- Profit margin
- 19.2%
- Return on equity
- 114.8%
- Quarterly earnings growth, YoY
- +63.5%
Risk and income
- Beta
- 1.51
- Typical daily move
- ±5.5%
- Typical 20-day move
- ±5.7%
- Dividend yield
- 1.04%
NetApp stock news this week
Coverage of NetApp this week reads positive: 17 positive, 5 neutral and 2 negative headlines.
- Here's How Much $100 Invested In NetApp 5 Years Ago Would Be Worth TodayBenzinga, Nov 4
- Mirae Asset Global Investments Co. Ltd. Acquires New Stake in NetApp, Inc. $NTAPMarketBeat, Nov 4
- 12,328 Shares of NetApp, Inc. $NTAP Purchased by IPG Investment Advisors LLCMarketBeat, Nov 4
- NetApp, Inc. $NTAP Stock Position Reduced by Bank Julius Baer & Co. Ltd ZurichMarketBeat, Nov 4
- NetApp, Inc. (NTAP.MX) Seasonal returns chart - Yahoo FinanceYahoo Finance Singapore, Nov 3
- Goldman Sachs Maintains NetApp(NTAP.US) With Buy Rating, Maintains Target Price $240Moomoo, Nov 3
NetApp peers
NetApp’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| ANETArista Networks | Accumulation | 3.3% above |
| SNDKSandisk | Buying | 34.5% below |
| STXSeagate Technology | Accumulation | 30.7% below |
| WDCWestern Digital | Accumulation | 28.7% below |
| LOGILogitech International S.A. - | Accumulation | 11.1% below |
| EXTRExtreme Networks | Accumulation | 7.2% below |
A peer links to its own page where one exists.
NetApp stock FAQ
What is NetApp’s market cap?
NetApp’s market cap is $36.86B at the Nov 4, 2026 close of $187.67, with 196.4M shares outstanding. The shares trade on a P/E ratio of 26.1.
What is the NetApp stock forecast?
The consensus analyst 12-month price target for NetApp is $211.69, +12.8% from the last close. Of the 17 firms that rated the stock in the last 90 days, 5 rate it a buy, 12 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is NetApp stock overvalued or undervalued?
On Gekko’s estimate NetApp is overvalued: the Nov 4, 2026 close of $187.67 is 12.6% above Gekko Fair Value of $166.63. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does NetApp report earnings next?
NetApp is expected to report on Dec 1, 2026, after the market closes (26 days away). Analysts expect earnings of $2.60 per share on revenue of $2.10B. NetApp beat the earnings estimate in 7 of its last 8 reports, moving 6.8% on average across the report.
What is NetApp’s 52-week high and low?
NetApp’s 52-week high is $240.87 and its 52-week low is $93.69; it closed at $187.67 on Nov 4, 2026, +60.5% over the past year.
Is NetApp stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and seasonality), 1 as mixed (trend) and 2 as headwinds (fair value and earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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