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Stock Analysis
NetApp, Inc. (NTAP)
NTAP
NTAP · Technology • Storage
204.80 -0.09%
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52W Range Position
100%
LOWMIDHIGH
Trend
Constructive
Momentum
Neutral
Updated: 2026-08-14 19:32 UTC
WOI Investment Thesis
Constructive
Confirmation improves above 204.99. Holding above 170.12 keeps the current thesis intact.
⚖️
Fundamentals
Strong / Strong
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.
170.12
Break Above
Confirmation improves above resistance.
204.99
🎯
Next Objective
Pattern-derived target if setup continues.
×
Thesis Break
Scenario weakens below invalidation.
Below 170.12
Recent Company Events
SEC VERIFIED
Latest material filings
MAY
28
Financial Results
HIGH
NetApp Reports Fourth Quarter and Fiscal Year 2026 Results
Delivers record net revenue, gross profit, operating income, cash flow from operations and free cash flow for Q4 and fiscal year 2026; Fourth quarter net revenues of $1.95 billion, an increase of 12% year-over-year; Fiscal year 2026 net revenues of $6.93 billion, an increase of 5% year-over-year News Summary • Recor...
8-K Filing SEC EDGAR
What's Driving NTAP?
📈 Technical recovery is improving
Momentum is Neutral. Watch 204.99 for confirmation and 170.12 for structure risk.
💼 Business quality remains relevant
Fundamentals remain relevant. Check growth, profitability, cash flow and balance sheet quality.
⚠️ Key risk remains
losing 169.85 would weaken the current structure.
Full Analysis Workspace
Technical Signal
Waiting for Confirmation
No confirmed breakout yet. Watch the next level and momentum behavior.
RSI(14)
75.3
Price Chart
NTAP — 1D Chart
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Valuation Snapshot (TTM)
Full valuation · Ratios use trailing twelve months
Updated 2026-08-13
Premium
Premium valuation
The stock trades at elevated sales or book multiples; quality must justify the price.
Market Cap
$40.6B
Company size
EV
$41.4B
Debt-adjusted value
P/E
31.8
Reasonable
P/S
5.9
Balanced
P/B
35.1
Very high
EV/Sales
6.0
Balanced
EV/EBIT
24.8
Reasonable
P/FCF
18.1
Reasonable
FCF Yield
5.51%
Cash return
Source: SEC TTM data via WOI valuation cache Not financial advice
Business Lens
Strong execution with elevated leverage
Growth, profitability, cash flow and balance sheet quality remain broadly supportive.
Revenue Growth
Strong
Profitability
Strong
Cash Flow
Healthy
Balance Sheet
Pressured
💵 Revenue
1.71B
↗ Strong
📈 Net Income
1.28B
↗ Strong
🧮 EPS (Basic)
1.69
↗ Strong
NetApp, Inc.
Technology • Storage