Prepared by Dr. Marcus Thorne, CFA, Senior Equity Strategist | Reviewed by Yuki Tanaka, Lead Editor | Report ID: IGEMINI-D3A11482-20260531 | Data as of 2026-05-31
Executive Summary: netapp pe operates in the Utilities industry with a market cap of $18.67B. The stock trades at 17.02x earnings and exhibits 19% top-line growth. Our derived fair value is $190.43.
Rating: Accumulate | Target Price: $190.43 | Next Earnings: Jul 04
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RSI at 63 indicates a overbought state. Historical backtests suggest a +6.4% move within 10 sessions.
Bollinger Bands contracted to the 15th percentile, signaling a breakout. A close above $157.55 would be bullish.
MACD printed a Bullish Crossover as the 50-day SMA turned positive 6 days ago.
Free cash flow conversion remains robust at 95%, supporting the 5.15% dividend and buybacks.
Relative to Utilities peers, netapp pe sits at the 82th percentile in valuation, offering a potential value opportunity.
With a market cap of $18.67B, netapp pe operates in Utilities. P/E of 17.02x is backed by 19% growth.
Options skew is toward put at the 146.59 strike, positioning for a directional move.
Dark pool prints show a 22%% surge in block trades, indicating institutional accumulation before Jul 04 earnings.
| Metric | Value | Sector Avg |
|---|---|---|
| Last Price | $137 | $130.15 |
| Market Cap | $18.67B | $14.94B |
| P/E Ratio | 17.02x | 14.5x |
| EPS (TTM) | $8.05 | $7.25 |
| Dividend Yield | 5.15% | 3.6% |
| Revenue Growth | 19% | 11.4% |
| Target Price | $190.43 | - |
| Beta | 1.15 | 1.00 |