Is NetApp (NTAP) overvalued or fairly valued?

MarketChacha shows NetApp's valuation in context — a forward P/E of about 16.9, a price-to-book of about 24.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is the share price of NetApp (NTAP)?

NetApp last traded at $166.74 (+0.6% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

NetApp

NTAP · NASDAQ · Technology · United States

$166.74+0.6%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 5:35 PM

Snapshot

TickerNTAP

ExchangeNASDAQ

SectorTechnology

IndustrySoftware - Infrastructure

CountryUnited States

Employees11,700

HeadquartersSan Jose, United States

Market cap$32.7B

P/B24.2

Volume402.85K

Websitewww.netapp.com

Filings tracked0

About NetApp

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.

Profile as reported by Yahoo Finance.

Who owns it

Insiders0.6%
Institutions99.4%
Public & other0.0%

1,312 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.10.14%
Vanguard Portfolio Management LLC6.45%
Vanguard Capital Management LLC6.36%
State Street Corporation5.11%
Primecap Management Company4.62%
Geode Capital Management, LLC3.28%
Ameriprise Financial, Inc.3.06%
Wellington Management Group, LLP2.38%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

What's expected next

Next quarter

Rev $1.8B · EPS 2.14

Est. earnings growth +4.6%

Next fiscal year

Rev $7.9B · EPS 9.84

Est. earnings growth +10.5%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$93.6952-wk range$192.83

Delayed · as reported by Yahoo Finance

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Ask MarketChacha about NTAP

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.