Netapp share price today

(NTAP)

Netapp share price is $118.08 & ₹10,048.02 as on 24 Dec 2024, 2.30 'hrs' IST

$118.08

▲

-0.37

(-0.31%)

Market is closed - opens 8 PM, 24 Dec 2024

View live Netapp share price in Dollar and Rupees. Guide to invest in Netapp from India. Also see the sentimental analysis on Indian investors investing in Netapp. Get details on the Indian mutual funds that are investing in Netapp. Get Analyst recommendations and forecasts along with all the Netapp's financials.

Netapp share price movements

Today's Low: $117.06
Today's High: $118.56
$118.08
0.86%
Downside
Day's Volatility :1.27%
Upside
0.4%
52 Weeks Low: $83.62
52 Weeks High: $135.45
$118.08
29.18%
Downside
52 Weeks Volatility :38.26%
Upside
12.82%

Netapp Returns

Period	Netapp, Inc.	Sector (Technology)	Index (Russel 2000)
3 Months	-3.96%	6.5%	0.0%
6 Months	-7.55%	7.0%	0.0%
1 Year	32.11%	24.0%	0.0%
3 Years	26.51%	37.7%	-21.1%

Netapp Key Statistics

in dollars & INR

Previous Close	$118.45
Open	$118.26
Today's High	$118.56
Today's Low	$117.06
Market Capitalization	$24.0B
Today's Volume	$1.1M
52 Week High	$135.4462
52 Week Low	$83.62
Revenue TTM	$6.4B
EBITDA	$1.6B
Earnings Per Share (EPS)	$5.43
PE Ratio	21.75
Dividend Yield	1.64%
Profit Margin	17.01%
Quarterly Earnings Growth YOY	0.7%
Return On Equity TTM	120.42%

How to invest in Netapp from India?

It is very easy for Indian residents to invest directly in Netapp from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Netapp stock in both Indian Rupees (INR) and US Dollars (USD). Search for Netapp or NTAP on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Netapp or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Netapp shares which would translate to 0.007 fractional shares of Netapp as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Netapp, in just a few clicks!

Returns in Netapp for Indian investors in Rupees

Investment Value

₹1,00,000

Netapp investment value today

Current value as on today

₹1,34,432

Returns

₹34,432

(+34.43%)

Returns from Netapp Stock

₹32,110 (+32.11%)

Dollar Returns

₹2,322 (+2.32%)

Indian investors sentiment towards Netapp

59%

Period: Sep 24, 2024 to Dec 23, 2024. Change in 30 Days versus previous period

Search volume for Netapp on INDmoney from India has grown in the last 30 days as on Dec 24, 2024. 59% more investors are searching Netapp in the last 30 days versus the previous period.

Indian Mutual Funds that invest in Netapp

Name	Shares Held	Change in Shares	% of Assets
Edelweiss Technology Fund Direct Growth	228	0.00	0.03%
Motilal Oswal S&P 500 Index Fund Direct Growth	1767	-0.07	0.05%

Global Institutional Holdings in Netapp

Vanguard Group Inc
12.80%
BlackRock Inc
10.43%
PRIMECAP Management Company
6.60%
State Street Corp
5.05%
Ameriprise Financial Inc
3.02%
Geode Capital Management, LLC
2.94%

Analyst Recommendation on Netapp

Hold

37%Buy

55%Hold

7%Sell

Based on 27 Wall street analysts offering stock ratings for Netapp(by analysts ranked 0 to 5 stars)

Based on 27 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Netapp

What analysts predicted

Upside of 17.62%

Current:

$118.08

Target:

$138.88

Insights on Netapp

Price Movement
In the last 1 year, NTAP stock has moved up by 32.1%
Increasing Revenue
Netapp, Inc. has seen positive revenue growth in the last two quarters, increasing from $1.54 billion to $1.65 billion. This translates to an average quarterly growth rate of 7.1%.
Increasing Net Profit
Netapp, Inc. has shown a positive trend in its net profit over the last two quarters. The company's net profit increased from $248.0 million to $299.0 million, representing an average growth of 17.1% per quarter.
NTAP vs ANET (1 yr)
In the last 1 year, Arista Networks, Inc. has given 89.9% return, outperforming this stock by 57.8%
NTAP vs ANET (3 yr)
In the last 3 years, Arista Networks, Inc. has given 218.9% return, outperforming this stock by 188.6%
Price to Sales
Netapp, Inc. has a Price-to-Sales (P/S) ratio of 3.8, meaning investors are willing to pay $3.8 for every $1 of sales the company generates. In comparison, Arista Networks, Inc. has a higher P/S ratio of 5.4, indicating that investors value its sales more highly than those of Netapp.

Netapp Financials in INR & Dollars

	FY19	Y/Y Change
Revenue	$6.1B	↑ 3.98%
Net Income	$1.2B	↑ 1438.16%
Net Profit Margin	19.02%	↑ 17.73%

	FY20	Y/Y Change
Revenue	$5.4B	↓ 11.94%
Net Income	$819.0M	↓ 29.94%
Net Profit Margin	15.13%	↓ 3.89%

	FY21	Y/Y Change
Revenue	$5.7B	↑ 6.13%
Net Income	$730.0M	↓ 10.87%
Net Profit Margin	12.71%	↓ 2.42%

	FY22	Y/Y Change
Revenue	$6.3B	↑ 9.99%
Net Income	$937.0M	↑ 28.36%
Net Profit Margin	14.83%	↑ 2.12%

	FY23	Y/Y Change
Revenue	$6.4B	↑ 0.7%
Net Income	$1.3B	↑ 35.97%
Net Profit Margin	20.03%	↑ 5.2%

	FY24	Y/Y Change
Revenue	$6.3B	↓ 1.48%
Net Income	$986.0M	↓ 22.61%
Net Profit Margin	15.73%	↓ 4.3%

	Q3 FY23	Q/Q Change
Revenue	$1.4B	↓ 9.42%
Net Income	$149.0M	↓ 39.18%
Net Profit Margin	10.41%	↓ 5.09%

	Q4 FY23	Q/Q Change
Revenue	$1.6B	↑ 9.08%
Net Income	$233.0M	↑ 56.38%
Net Profit Margin	14.92%	↑ 4.51%

	Q1 FY24	Q/Q Change
Revenue	$1.6B	↑ 2.82%
Net Income	$313.0M	↑ 34.33%
Net Profit Margin	19.49%	↑ 4.57%

	Q2 FY24	Q/Q Change
Revenue	$1.7B	↑ 3.8%
Net Income	$291.0M	↓ 7.03%
Net Profit Margin	17.46%	↓ 2.03%

	Q3 FY24	Q/Q Change
Revenue	$1.5B	↓ 7.56%
Net Income	$248.0M	↓ 14.78%
Net Profit Margin	16.09%	↓ 1.37%

	Q4 FY24	Q/Q Change
Revenue	$1.7B	↑ 7.59%
Net Income	$299.0M	↑ 20.56%
Net Profit Margin	18.03%	↑ 1.94%

	FY19	Y/Y Change
Profit	$3.9B	↑ 6.65%

	FY20	Y/Y Change
Profit	$3.6B	↓ 8.16%

	FY21	Y/Y Change
Profit	$3.8B	↑ 5.3%

	FY22	Y/Y Change
Profit	$4.2B	↑ 10.62%

	FY23	Y/Y Change
Profit	$4.2B	↓ 0.26%

	FY24	Y/Y Change
Profit	$4.4B	↑ 5.32%

	Q3 FY23	Q/Q Change
Profit	$996.0M	↓ 7.35%

	Q4 FY23	Q/Q Change
Profit	$1.1B	↑ 11.45%

	Q1 FY24	Q/Q Change
Profit	$1.2B	↑ 3.69%

	Q2 FY24	Q/Q Change
Profit	$1.2B	↑ 1.56%

	Q3 FY24	Q/Q Change
Profit	$1.1B	↓ 6.07%

	Q4 FY24	Q/Q Change
Profit	$1.2B	↑ 7.19%

	FY19	Y/Y Change
Operating Cash Flow	$1.3B	↓ 9.27%
Investing Cash Flow	$704.0M	↓ 3452.38%
Financing Cash Flow	$-2.6B	↑ 166.84%

	FY20	Y/Y Change
Operating Cash Flow	$1.1B	↓ 20.95%
Investing Cash Flow	$1.3B	↑ 80.26%
Financing Cash Flow	$-2.0B	↓ 25.5%

	FY21	Y/Y Change
Operating Cash Flow	$1.3B	↑ 25.75%
Investing Cash Flow	$21.0M	↓ 98.35%
Financing Cash Flow	$444.0M	↓ 122.65%

	FY22	Y/Y Change
Operating Cash Flow	$1.2B	↓ 9.15%
Investing Cash Flow	$-561.0M	↓ 2771.43%
Financing Cash Flow	$-1.0B	↓ 329.05%

	FY23	Y/Y Change
Operating Cash Flow	$1.1B	↓ 8.59%
Investing Cash Flow	$-1.4B	↑ 147.77%
Financing Cash Flow	$-1.5B	↑ 48.77%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$453.0M	↑ 92.77%
Investing Cash Flow	$-228.0M	↓ 20.0%
Financing Cash Flow	$-521.0M	↑ 93.68%

Netapp Technicals Summary

Sell

Neutral

Buy

Netapp is currently in a neutral trading position according to technical analysis indicators.

Netapp Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Netapp, Inc.	-6.42%	-7.55%	32.11%	26.51%	88.87%
Hp Inc.	-15.45%	-8.38%	9.27%	-12.78%	60.61%
Arista Networks, Inc.	13.17%	35.22%	90.44%	208.06%	780.04%
Dell Technologies Inc. - Class C Shares	-17.58%	-15.34%	54.31%	109.93%	350.57%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Netapp, Inc.	21.75	21.75	1.8	6.46	1.2	0.09	0.02	5.56
Hp Inc.	11.72	11.72	1.21	3.39	0.0	0.07	0.03	-1.44
Arista Networks, Inc.	53.98	53.98	2.62	2.19	0.34	0.16	NA	29.37
Dell Technologies Inc. - Class C Shares	20.49	20.49	0.6	6.66	0.44	0.04	0.01	-3.41

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Netapp, Inc.	Hold	$24.0B	88.87%	21.75	17.01%
Hp Inc.	Buy	$30.9B	60.61%	11.72	5.33%
Arista Networks, Inc.	Buy	$142.1B	780.04%	53.98	40.29%
Dell Technologies Inc. - Class C Shares	Buy	$81.1B	350.57%	20.49	4.33%

Netapp Dividend announcements

Netapp Dividends March, 2025
In the quarter ending March,2025. Netapp has declared dividend of $0.52
Read More

About Netapp

NetApp, Inc. is a data storage and management technology company that develops products like StorageGRID, NetApp HCI, Azure Enterprise NFS Service, Elio, Active IQ and SolidFire Element OS 10 Cloud data services, data storage software, data backup, and recovery, all-flash storage, converged systems, data infrastructure management, ONTAP data security, and hybrid-flash storage are some of its services. David Hitz, James K. Lau, and Michael Malcolm established the Sunnyvale, California-based corporation in April 1992. NetApp, previously Network Appliance Inc., is a data storage and management hardware and software firm. Businesses and service providers utilise NetApp storage solutions to store and transport enormous digital data across physical and hybrid cloud environments. NetApp offers all-flash and hybrid storage systems for block, file, and object storage. NetApp storage devices support VMware vSphere for virtual workloads and interface with popular public cloud service providers. T Businesses and service providers use NetApp storage systems to store and transport massive amounts of digital data across physical and hybrid cloud environments.NetApp offers all-flash and hybrid storage solutions for block, file, and object storage.NetApp ensures that mission-critical data is always accessible. Because synchronous replication is built into our DNA, we don't need to allocate new workloads to pods to replicate a new dataset.NetApp recovery times are measured in seconds at the petabyte scale.NetApp is the enterprise's fastest-growing SAN storage vendor: NetApp's exceptional performance will help you speed your SAN solutions. Use the best cloud-connected infrastructure to transfer and secure your data across your hybrid cloud environment. NetApp has a great culture and great people in general. Under the current CEO and management team, the company's financials have improved, and they are attempting to position the company for the future. Compensation and benefits are competitive, and there is a significant annual bonus depending on company success. For organisations, ONTAP optimises AWS, allowing them to achieve more in the cloud. Meet cloud needs like primary file storage for SaaS apps, data lift-and-shift migrations, enterprise-grade file sharing, disaster recovery, and cloud workload optimization. Currently Netapp, Inc. has a market cap of $24.41 Billion. It has a P.E ratio of 24.76. The shares of Netapp, Inc. are trading at $118.08. .

Organization	Netapp
Employees	11800
CEO	Mr. George Kurian
Industry	Electronic Technology

Management People of Netapp

Name	Title
Mr. George Kurian	CEO & Director
Mr. Cesar Cernuda Rego	President
Mr. Michael J. Berry	Executive VP & CFO
Ms. Elizabeth M. O'Callahan J.D.	Executive VP, Chief Legal Officer & Corporate Secretary
Mr. Harvinder S. Bhela	Executive VP & Chief Product Officer
Mr. Gus Shahin	Executive Vice President of Business Technology & Operations
Mr. Daniel De Lorenzo	VP, Controller & Chief Accounting Officer
Ms. Kris Newton	VP of Corporate Communications & Investor Relations
Ms. Gabrielle Boko	Chief Marketing Officer
Dr. Alessandra Ginante Yockelson	Executive VP & CHRO

Important FAQs about investing in Netapp from India :

What is Netapp share price today?

Netapp share price today stands at $118.08, Open: $118.26 ; Previous Close: $118.45 ; High: $118.56 ; Low: $117.06 ; 52 Week High: $135.45 ; 52 Week Low: $83.62. The stock opens at $118.26, after a previous close of $118.45. The stock reached a daily high of $118.56 and a low of $117.06, with a 52-week high of $135.45 and a 52-week low of $83.62.

Can Indians buy Netapp shares?

Yes, Indians can invest in the Netapp (NTAP) from India.

With INDmoney, you can buy Netapp at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Netapp at zero transaction cost.

How can I buy Netapp shares from India?

It is very easy to buy Netapp from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Netapp be purchased?

Yes, you can buy fractional shares of Netapp with INDmoney app.

What are the documents required to start investing in Netapp stocks?

To start investing in Netapp, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.