NTAP
NetAppANasdaq / Technology Hardware & Equipment
Last Price
At close
2026-07-17
Current thesis
The bull case remains that May 28, 2026 results established a stronger baseline: record Q4 and FY26 revenue, strong free-cash-flow conversion, and a FY27 guide above the prior run-rate, with management arguing that hybrid-cloud data management and AI-related storage demand are expanding NetApp's relevance.
Posture
Constructive
Lead driver
Momentum
What changed
Momentum remains the lead driver in the composite, 7D delta +5.2.
What can break
High coverage and strong recent execution raise the bar for upside; with limited fresh revision data in the packet, disappointment risk is higher if AI-led demand softens.
Momentum
93
Value
59
Sentiment
47
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $176.00 · Bull $190.00 · Bear $150.00
Data freshness
Prices
As of 2026-07-17
Fundamentals
As of 2026-07-17 • Vendor: Data Vendor v1
Scores
As of 2026-07-17 • Model: HYBRID_IC_RP
AI Memo
As of 2026-07-10 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-07-17
Investment thesis
As of 2026-07-17
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $177.25
Why
Momentum93 · Δ7d +5.2
Value59 · Δ7d +0.3
Sentiment47 · Δ7d +7.2
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
93
26% active weight
Current posture
7d trendImproving
Δ7d
+5.2
Δ21d
+4.1
Value
59
39% active weight
Current posture
7d trendFlat
Δ7d
+0.3
Δ21d
-1.2
Sentiment
47
34% active weight
Current posture
7d trendImproving
Δ7d
+7.2
Δ21d
-0.0
Why this grade
Composite grade A. Momentum 92.7 / Value 59.1 / Sentiment 47.3
Fundamentals (TTM)As of 2026-07-17
Fundamentals (TTM)
As of 2026-07-17
Market Cap
$32.11B
Beta
1.38
Shares Out
195.92M
P/E (TTM)
18.3
P/S (TTM)
3.14
P/FCF (TTM)
16.54
Rev YoY
+12.5%
EPS YoY
+23.0%
Gross Margin
+70.6%
Op Margin
+21.4%
Net Debt
-$851M
Current Ratio
1.41
As of 2026-07-17 • Updated nightlySource: Internal modelMethodology

