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Stock Analysis
NetApp, Inc. (NTAP)
NTAP
NTAP · Technology • Storage
153.65 -0.91%
52W Range Position
68%
LOWMIDHIGH
Trend
Constructive
Momentum
Neutral
Updated: 2026-06-30 17:32 UTC
WOI Investment Thesis
Constructive
Confirmation improves above 181.08. Holding above 142.15 keeps the current thesis intact.
⚖️
Fundamentals
Improving / Positive
Price Structure
Constructive
Momentum
Neutral
×
Breakout Confirmation
Pending
Risk Level
Moderate
Analysis Scope
1Y Daily
Key Decision Levels
Hold Above
Structure remains valid above support.
142.15
Break Above
Confirmation improves above resistance.
181.08
🎯
Next Objective
Pattern-derived target if setup continues.
180.05
×
Thesis Break
Scenario weakens below invalidation.
Below 142.15
What's Driving NTAP?
📈 Technical recovery is improving
Momentum is Neutral. Watch 181.08 for confirmation and 142.15 for structure risk.
💼 Business quality remains relevant
Fundamentals remain relevant. Check growth, profitability, cash flow and balance sheet quality.
⚠️ Key risk remains
losing 142.15 would weaken the current structure.
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Technical Signal
Technical Setup Active
An active technical structure is present. Use trigger, target, stop and watch levels for context.
Pattern
Triangle Compression / SYM / UP
State
Forming
Downtrend Structure
Downtrend breakout active · 0 bars old · score 100
Trigger
153.39
First Resistance
164.66
Target
180.05
Invalidation
153.39
Compression
71%
How to read this setup
Active technical structure detected. Use the chart overlays, support, resistance and invalidation levels to manage confirmation and risk.
Price Chart
NTAP · WOI overlay chart
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Valuation Snapshot (TTM)
Full valuation · Ratios use trailing twelve months
Updated 2026-06-29
Fair
Fair valuation
Valuation looks broadly balanced for a mature quality business.
Market Cap
$30.7B
Company size
EV
$31.6B
Debt-adjusted value
P/E
25.1
Reasonable
P/S
4.6
Balanced
P/B
26.5
Very high
EV/Sales
4.8
Balanced
EV/EBIT
22.4
Reasonable
P/FCF
19.1
Reasonable
FCF Yield
5.24%
Cash return
Source: SEC TTM data via WOI valuation cache Not financial advice
Business Lens
Financial context is mixed
Revenue and profitability remain supportive, while cash flow and balance sheet quality require monitoring.
Revenue Growth
Improving
Profitability
Positive
Cash Flow
Mixed
Balance Sheet
Stretched
💵 Revenue
1.71B
↗ Improving
📈 Net Income
334.00M
↗ Positive
🧮 EPS (Basic)
1.69
↗ Positive
NetApp, Inc.
Technology • Storage
Note: This is an algorithmic technical snapshot, not financial advice.