Netapp Inc (NTAP): Uncovering A True Diamond In The Rough

Netapp Inc (NASDAQ:NTAP) currently has a daily average trading volume of 2.42M but it saw 1520142 shares traded in last market. With a market cap of 20.59B USD, the company’s current market price of $99.78 came rising about 0.21 while comparing to the previous closing price of $99.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $135.45 and as low as $71.84.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Barclays which upgraded the stock as “Overweight” in its note to investors issued on April 30, 2025, recommending a price target of $115 for it. BofA Securities also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $121 and $128.

Over the week, NTAP’s stock price is moving -0.04% down while it is 17.55% when we observe its performance for the past one month. Year-to-date it is -14.04% down and over the past year, the stock is showing a downside performance of -11.13%.

Currently, Netapp Inc’s total number of outstanding shares is 206.38M with 0.46% of that held by the insiders while 94.16% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 46.33% and return on equity (ROE) at 114.33%. It has a price to earnings ratio (P/E ratio) of 18.46 while having a 12.92 of forward P/E ratio. Stock’s beta reads 1.42. Stock has a price to book (P/B) ratio of 20.36 while price to sale or P/S ratio amounts to 3.16. Its return on asset (ROA) is 12.39% on average.