About NetApp, Inc. (NTAP)
NetApp, Inc. is a Software - Infrastructure company operating in the Technology sector. The company is headquartered in San Jose, United States. NTAP has been publicly traded since 1995, giving it 31+ years of trading history.
NetApp, Inc. (NTAP) has been publicly traded since 1995, making it a 31-year-old public company. It operates in the Software - Infrastructure industry within the Technology sector. The company is headquartered in San Jose, United States and employs approximately 11,700 people. With a market capitalization of $20 billion, NTAP is a large established company.
NTAP trades on the US stock exchanges (NYSE/NASDAQ) and is classified as a large-cap-cap stock with a market capitalization of approximately $20 billion. The company employs approximately 11,700 people worldwide.
Key Statistics
- Current Price
- $99.05
- Market Cap
- $19.62B
- 52-Week High
- $126.66
- 52-Week Low
- $71.84
- Sector
- Technology
- Industry
- Software - Infrastructure
NTAP Investment Performance
NTAP has declined 7.1% year-to-date in 2026. Over the past 5 years, a $1,000 investment in NTAP would have grown to $1,725, representing a 72.5% total return. Since its IPO in 1995, a $1,000 investment would now be worth $104,773.
$1,000 Invested in NetApp, Inc. (NTAP)
How much would $1,000 invested in NTAP be worth today?
What would $1,000 invested in NTAP 1 year ago be worth today?
A $1,000 investment in NetApp, Inc. (NTAP) in 2025 would be worth $1,123 as of May 2026, representing a +12.3% total return.
What would $1,000 invested in NTAP 3 years ago be worth today?
A $1,000 investment in NetApp, Inc. (NTAP) in 2023 would be worth $1,667 as of May 2026, representing a +66.7% total return.
What would $1,000 invested in NTAP 5 years ago be worth today?
A $1,000 investment in NetApp, Inc. (NTAP) in 2021 would be worth $1,725 as of May 2026, representing a +72.5% total return.
What would $1,000 invested in NTAP 10 years ago be worth today?
A $1,000 investment in NetApp, Inc. (NTAP) in 2016 would be worth $4,745 as of May 2026, representing a +374.5% total return.
What would $1,000 invested in NTAP at IPO be worth today?
A $1,000 investment in NetApp, Inc. (NTAP) at IPO would be worth $104,773 as of May 2026, representing a +10377.3% total return.
Monthly Returns Heatmap
Over the past 30+ years (364 months), NetApp, Inc. (NTAP) has averaged a monthly return of +2.36% with a median return of +1.17%. The stock had 200 positive months (55%) and 162 negative months (45%). The best month in NTAP's history was October 2001 with a +95.6% return, while the worst was November 2000 at -58.5%. Historically, November tends to be the strongest month (averaging +6.9%), and February the weakest (-1.4%).
NTAP's longest winning streak was 10 consecutive months of gains, while its longest losing streak was 5 consecutive months of losses. The best full year was 1999 with a cumulative return of +160.2%, and the worst was 2008 at -44.1%.
Annual Returns
Over 31 years of trading history, NetApp, Inc. (NTAP) has delivered an average annual return of +29.00% with a median return of +23.56%. The compound annual growth rate (CAGR) is +13.70%. The stock posted gains in 20 years (65%) and losses in 11 years (35%).
NTAP's best year was 1999 with a +270.45% gain, while the worst was 2001 at -65.93%. The longest streak of consecutive positive years was 6, and the longest losing streak was 2 years. NTAP achieved double-digit gains (10%+) in 17 years. It suffered double-digit losses in 8 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -7.06% | $106.57 | $99.05 |
| 2025 | -5.87% | $113.22 | $106.57 |
| 2024 | +34.16% | $84.39 | $113.22 |
| 2023 | +51.15% | $55.83 | $84.39 |
| 2022 | -32.92% | $83.23 | $55.83 |
| 2021 | +42.47% | $58.42 | $83.23 |
| 2020 | +10.94% | $52.66 | $58.42 |
| 2019 | +7.43% | $49.02 | $52.66 |
| 2018 | +9.67% | $44.70 | $49.02 |
| 2017 | +59.94% | $27.94 | $44.70 |
| 2016 | +36.56% | $20.46 | $27.94 |
| 2015 | -34.69% | $31.33 | $20.46 |
| 2014 | +2.43% | $30.59 | $31.33 |
| 2013 | +23.56% | $24.76 | $30.59 |
| 2012 | -7.50% | $26.76 | $24.76 |
| 2011 | -34.01% | $40.55 | $26.76 |
| 2010 | +59.95% | $25.35 | $40.55 |
| 2009 | +145.96% | $10.31 | $25.35 |
| 2008 | -44.03% | $18.42 | $10.31 |
| 2007 | -36.46% | $28.98 | $18.42 |
| 2006 | +45.48% | $19.92 | $28.98 |
| 2005 | -18.72% | $24.51 | $19.92 |
| 2004 | +62.52% | $15.08 | $24.51 |
| 2003 | +104.40% | $7.38 | $15.08 |
| 2002 | -54.28% | $16.14 | $7.38 |
| 2001 | -65.93% | $47.36 | $16.14 |
| 2000 | +54.55% | $30.64 | $47.36 |
| 1999 | +270.45% | $8.27 | $30.64 |
| 1998 | +152.64% | $3.27 | $8.27 |
| 1997 | +39.56% | $2.35 | $3.27 |
| 1996 | +26.79% | $1.85 | $2.35 |
NTAP Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating NetApp, Inc. as an investment
Valuation
NTAP currently trades at a trailing P/E ratio of 16.6, which is considered moderate relative to the broader market. The forward P/E of 11.6 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 16.9. The price-to-sales ratio is 2.9.
Dividends
NetApp, Inc. pays a dividend to shareholders with a current yield of 2.11%. This translates to $2.08 per share annually. The payout ratio of 35% indicates sustainable dividend coverage.
Risk & Volatility
NTAP has a beta of 1.35, indicating it is significantly more volatile than the overall market. The stock's 52-week range is $71.84 to $126.66, and it currently trades in the lower half of its 52-week range.
Analyst Ratings
Based on 15 analyst opinions, NTAP has a consensus "buy" rating. The average price target of $117.93 suggests 19.5% upside from current levels.
Frequently Asked Questions: NTAP
What sector is NTAP in? ▼
NTAP operates in the Technology sector, specifically in the Software - Infrastructure industry. This sector includes companies involved in software, hardware, semiconductors, and IT services.
How has NTAP performed historically? ▼
Over 31 years of trading history, NTAP has posted gains in 20 years (65% of the time). The best year was 1999 with a +270.4% return. Past performance does not guarantee future results.
How can I invest in NTAP? ▼
You can invest in NTAP through any brokerage account that offers access to US stock exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold NTAP.
Does NTAP pay dividends? ▼
NetApp, Inc. pays a dividend to shareholders with a current yield of 2.11%. This translates to $2.08 per share annually. The payout ratio of 35% indicates sustainable dividend coverage.
What does NetApp, Inc. do? ▼
NetApp, Inc. is a Software - Infrastructure company operating in the Technology sector. The company is headquartered in San Jose, United States.
What sector is NTAP in? ▼
NTAP operates in the Technology sector, specifically in the Software - Infrastructure industry.
When did NTAP go public? ▼
NetApp, Inc. went public in 1995, making it a 31-year-old public company as of 2026.
How much would $1,000 invested in NTAP 5 years ago be worth today? ▼
A $1,000 investment in NTAP five years ago would be worth approximately $1,725 today, representing a 72.5% return.
How much would $1,000 invested in NTAP 10 years ago be worth today? ▼
A $1,000 investment in NTAP ten years ago would be worth approximately $4,745 today, representing a 374.5% total return over the decade.
What is NTAP's 3-year return? ▼
Over the past 3 years, NTAP has returned 66.7%. A $1,000 investment would have grown to $1,667.
How much would $1,000 invested in NTAP at IPO be worth today? ▼
If you invested $1,000 in NTAP at its IPO in 1995, it would be worth approximately $104,773 today, a 10,377.3% return over 31 years.
Does NTAP pay dividends? ▼
Yes, NetApp, Inc. pays a dividend with a current yield of 2.11%, which is $2.08 per share annually.
What is NTAP's market cap? ▼
NetApp, Inc. has a market capitalization of $20 billion, classifying it as a large-cap company.
What is NTAP's P/E ratio? ▼
NTAP has a trailing P/E ratio of 16.6 and a forward P/E of 11.6, which measures how much investors are paying per dollar of earnings.
Is NTAP a buy, hold, or sell? ▼
Based on 15 opinions, NTAP has a consensus "buy" rating. The average price target is $117.93.
Last updated: 3/14/2026