Prepared by Dr. Priya Sharma, CFA, Director of US Markets | Reviewed by Michael Brown, Lead Editor | Report ID: IGEMINI-0BD61836-20260531 | Data as of 2026-05-31
Executive Summary: Analysis of netapp market cap reveals a Cautiously Constructive configuration: technical patterns show a Bull Flag formation, while fundamentals are supported by 5.43 EPS and a 5.58% yield. Institutional flows indicate 63% ownership with beta of 1.11.
Rating: Accumulate | Target Price: $483.6 | Next Earnings: Jun 20
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MACD printed a Bullish Crossover as the 50-day SMA turned positive 28 days ago.
Price action carved a Cup and Handle, confirmed by a 0.89x volume spike on May 02, 2026. The resistance at $443.3 was tested.
With a market cap of $5.42B, netapp market cap operates in Technology. P/E of 74.16x is backed by 21% growth.
EPS of $5.43 reveals improving earnings quality. DuPont analysis highlights operating leverage as the key ROE driver.
Relative to Technology peers, netapp market cap sits at the 83th percentile in valuation, offering a potential value opportunity.
Short float at 9% is below the sector average, reducing squeeze risk. Institutional ownership is 63%.
Beta of 1.11 suggests netapp market cap is {beta_desc} volatile than the market, influencing hedging strategies.
Options skew is toward call at the 419.12 strike, positioning for a directional move.
| Metric | Value | Sector Avg |
|---|---|---|
| Last Price | $403 | $382.85 |
| Market Cap | $5.42B | $6.5B |
| P/E Ratio | 74.16x | 63x |
| EPS (TTM) | $5.43 | $4.89 |
| Dividend Yield | 5.58% | 3.9% |
| Revenue Growth | 21% | 12.6% |
| Target Price | $483.6 | - |
| Beta | 1.11 | 1.00 |