Prepared by Dr. Elena Voss, CFA, Senior Equity Strategist | Reviewed by Raj Patel, Lead Editor | Report ID: IGEMINI-E0D9D517-20260531 | Data as of 2026-05-31
Executive Summary: netapp price operates in the Real Estate industry with a market cap of $17.23B. The stock trades at 38.8x earnings and exhibits -0.3% top-line growth. Our derived fair value is $4314.8.
Rating: Buy | Target Price: $4314.8 | Next Earnings: Jul 01
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MACD printed a Neutral as the 50-day SMA turned positive 20 days ago.
Ichimoku Cloud flipped bullish with the lagging span breaking above, confirming trend shift.
Free cash flow conversion remains robust at 79%, supporting the 0.78% dividend and buybacks.
With a market cap of $17.23B, netapp price operates in Real Estate. P/E of 38.8x is backed by -0.3% growth.
Dark pool prints show a 22%% surge in block trades, indicating institutional accumulation before Jul 01 earnings.
Beta of 1.62 suggests netapp price is {beta_desc} volatile than the market, influencing hedging strategies.
| Metric | Value | Sector Avg |
|---|---|---|
| Last Price | $3220 | $3059 |
| Market Cap | $17.23B | $13.78B |
| P/E Ratio | 38.8x | 33x |
| EPS (TTM) | $82.99 | $74.69 |
| Dividend Yield | 0.78% | 0.5% |
| Revenue Growth | -0.3% | -0.2% |
| Target Price | $4314.8 | - |
| Beta | 1.62 | 1.00 |