Stocktoria
NetApp, Inc. NTAP
NetApp, Inc. (NTAP) earns a Piotroski F-score of 9/9 (strong financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 1.38% (safety: safe). FY2026 revenue was $6.9B at a 18.4% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.77 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-10 | Morgan Stanley | Equal-Weight (up) |
| 2026-06-01 | Argus Research | Buy (main) |
| 2026-05-29 | Barclays | Overweight (main) |
| 2026-05-29 | JP Morgan | Neutral (main) |
| 2026-05-29 | B of A Securities | Neutral (main) |
| 2026-05-29 | Citigroup | Neutral (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 9/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.163 |
| Retained earnings / assets | 0.014 |
| EBIT / assets | 0.156 |
| Equity / liabilities | 0.144 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NTAP | NetApp, Inc. | 9/9 | 2.32 | 23.4 | +5.4% |
| WDC | WESTERN DIGITAL CORP | 5/9 | 2.16 | 124.3 | +50.7% |
| STX | Seagate Technology Holdings plc | 7/9 | 2.5 | 63.4 | +34.1% |
| QMCO | QUANTUM CORP /DE/ | 4/9 | — | — | +2% |
| VFS | VinFast Auto Ltd. | 4/9 | -13.01 | — | +57.9% |
| TM | TOYOTA MOTOR CORP/ | 7/9 | 2.55 | — | -1% |
| HMC | HONDA MOTOR CO LTD | 6/9 | 2.79 | — | +19.9% |
About NetApp, Inc.
NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, and NetApp SnapLock Data Compliance; and storage infrastructure solutions, including NetApp AFF and ASA A-Series and C-Series, NetApp AFX, NetApp Fabric Attached Storage (FAS), NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage services comprising Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp Cloud Volumes ONTAP. In addition, the company offers operational services, such as NetApp Data Infrastructure Insights and Instaclustr; and professional and support services include storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, migration, and proactive support services to help customers optimize the performance and efficiency of their on-premises and hybrid multicloud storage environments. Further, it offers ransomware protection, data backup and recovery, and disaster recovery. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners, including the cloud providers. The company has a strategic alliance with Commvault Systems, Inc. to develop an integrated solution for enterprise data protection and cyber resilience. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
FAQ
Is NTAP financially healthy?
NetApp, Inc.'s Piotroski F-score is 9/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does NTAP pay a dividend, and is it safe?
Yes. NetApp, Inc. pays a dividend yielding about 1.38% with a 32.4% payout ratio, rated “safe” for safety.
How profitable is NTAP?
In FY2026, NetApp, Inc. had a net margin of 18.4% and a return on equity of 94.4%.
Is NTAP overvalued or undervalued?
NetApp, Inc. trades at about 31.8× trailing earnings — above its 10-year norm (10-year range 11.5×–162.7×, median 23.7×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for NTAP?
The average Wall-Street price target for NetApp, Inc. is $179.50, about 11.2% below the recent price, from 16 analysts (consensus: buy).
Is NTAP a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on NetApp, Inc.: a Piotroski F-score of 9/9, an Altman Z″ in the grey zone, a P/E of about 23.4×, a dividend yield of 1.38%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-04-24. Facts plus Stocktoria's own computed scores — not investment advice.