NTAP Stock Summary and Trading Ideas (Netapp | NASDAQ:NTAP)

NetApp Inc is storage hardware provider into a software-driven, cloud-centric data infrastructure company. Its flagship ONTAP data management software, together with a comprehensive portfolio of all-flash, hybrid-flash, and cloud-native solutions, forms the backbone of digital transformation for thousands of enterprises world'wide. Its operations are organized into two segments Hybrid Cloud and Public Cloud. It generates majority of revenue from Hybrid Cloud offers a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. It generates majority of revenue from United States followed by International market.

What symbol and exchange does Netapp shares trade?

Netapp trades on the NASDAQ stock market under the symbol NTAP.

What is Netapp stock price doing today?

As of June 11, 2026, NTAP stock price declined to $159.04 with 502,588 million shares trading.

What is Netapp's Beta?

NTAP has a beta of 1.11, meaning it tends to be more sensitive to market movements. NTAP has a correlation of 0.13 to the broad based SPY ETF.

How much is Netapp worth?

NTAP has a market cap of $31.50 billion. This is considered a Large Cap stock.

How much money does Netapp make?

Last quarter Netapp reported $2 billion in Revenue and $2.43 earnings per share. This beat revenue expectation by $79 million and exceeded earnings estimates by $.24.

What is the highest and lowest price Netapp traded in the last 3 year period?

In the last 3 years, NTAP traded as high as $192.83 and as low as $69.71.

What are the top ETFs holding Netapp?

The top ETF exchange traded funds that NTAP belongs to (by Net Assets): VTI, VOO, VO, IVV, SPY.

Is Netapp (NTAP) a good investment?

NTAP has outperformed the market in the last year with a price return of +57.2% while the SPY ETF gained +22.0%. NTAP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +64.6% and +11.4%, respectively, while the SPY returned +7.8% and -3.0%, respectively.

What are the support and resistance levels for Netapp (NTAP)?

NTAP support price is $155.83 and resistance is $165.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NTAP shares will trade within this expected range on the day.