NetApp, Inc. (NTAP) Stock Analysis
Temp Headwind edge
Technology · Software - Infrastructure
Sell if holding. Analyst target reached at $161.61 — A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 2.0): -1.5.
NetApp provides enterprise data infrastructure—storage hardware, software, and cloud services—through Hybrid Cloud (on-premises and private cloud storage) and Public Cloud (native cloud storage on AWS, Azure, and Google Cloud) segments. Sales through indirect channel partners... Read more
Sell if holding. Analyst target reached at $161.61 — A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 2.0): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.5/10, high confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 81d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-13Recent Developments — NetApp, Inc.
Latest news
- NEWS NetApp Stock Rallies Ahead Of Earnings As Data Storage Rival Everpure Chases Breakout - Investor's Business Daily — Investor's Business Daily positive
- NEWS NetApp (NTAP) stock falls amid market uptick: What investors need to know - MSN — MSN negative
- NEWS Earnings To Watch: NetApp (NTAP) Reports Q1 Results Tomorrow - StockStory — StockStory neutral
- NEWS NetApp (NTAP) Stock Falls Amid Market Uptick: What Investors Need to Know - Yahoo Finance — Yahoo Finance negative
- NEWS NetApp (NASDAQ:NTAP) CAO Sells $33,000.00 in Stock - MarketBeat — MarketBeat neutral
Generated 2026-06-13T18:31:31Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerArrow Electronics21%10-K Item 1: 'Sales to customers Arrow Electronics, Inc. and TD Synnex Corporation accounted for 21% and 24% of our net revenues, respectively, in fiscal 2025'
- MEDIUMCustomerTD Synnex Corporation24%10-K Item 1: 'Sales to customers Arrow Electronics, Inc. and TD Synnex Corporation accounted for 21% and 24% of our net revenues, respectively, in fiscal 2025'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $161.61 — A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 2.0): -1.5. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $150.30. Score 5.5/10, high confidence.
Take-profit target: $188.97 (+16.9% upside). Prior stop was $150.30. Stop-loss: $150.30.
Analyst target reached - limited upside remaining; Leverage penalty (D/E 2.0): -1.5; Negative momentum.
NetApp, Inc. trades at a P/E of 25.5 (forward 16.4). TrendMatrix value score: 5.1/10. Verdict: Sell.
28 analysts cover NTAP with a consensus score of 3.5/5. Average price target: $172.
What does NetApp, Inc. do?NetApp provides enterprise data infrastructure—storage hardware, software, and cloud services—through Hybrid Cloud...
NetApp provides enterprise data infrastructure—storage hardware, software, and cloud services—through Hybrid Cloud (on-premises and private cloud storage) and Public Cloud (native cloud storage on AWS, Azure, and Google Cloud) segments. Sales through indirect channel partners represented 78% of net revenues in fiscal 2025. Arrow Electronics (21%) and TD Synnex Corporation (24%) together accounted for nearly half of net revenues.