AI Spotlight on NTAP
Company Description
NetApp, Inc.provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide.It operates in two segments, Hybrid Cloud and Public Could.
The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire.It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr.In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services.
Further, it provides assessment, design, implementation, and migration services.The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners.NetApp, Inc.
was incorporated in 1992 and is headquartered in San Jose, California.
Market Data
Last Price | 122.44 |
Change Percentage | 1.80% |
Open | 122.06 |
Previous Close | 120.28 |
Market Cap ( Millions) | 24893 |
Volume | 1174186 |
Year High | 135.45 |
Year Low | 83.8 |
M A 50 | 121.36 |
M A 200 | 120.44 |
Financial Ratios
FCF Yield | 5.52% |
Dividend Yield | 1.68% |
ROE | 116.23% |
Debt / Equity | 252.24% |
Net Debt / EBIDTA | 44.81% |
Price To Book | 28.0 |
Price Earnings Ratio | 21.7 |
Price To FCF | 18.1 |
Price To sales | 3.85 |
EV / EBITDA | 14.9 |
News
- 00:06 - NetApp (NTAP) Laps the Stock Market: Here's Why
- Jan -28 - Wissam Jabre Joins NetApp as Executive Vice President and Chief Financial Officer
- Jan -24 - Why NetApp's 46% Stock Jump Might Be Just The Beginning?
- Jan -21 - NetApp Stock Surges 38% in a Year: Is It Still Good Time to Buy?
- Jan -18 - Why NetApp (NTAP) Outpaced the Stock Market Today
- Jan -16 - NetApp Divests FinOps Business to Flexera: Will NTAP Stock Gain?
- Jan -15 - Flexera to Acquire FinOps Business from NetApp, Inc. to Strengthen FinOps Portfolio
- Jan -14 - 3 Storage Devices Stocks to Watch Amid Industry Headwinds
- Dec -17 - NetApp (NTAP) Just Overtook the 20-Day Moving Average
- Dec -17 - NetApp (NTAP) Crossed Above the 50-Day Moving Average: What That Means for Investors
- Dec -16 - NetApp Is Poised For Revenue Growth Acceleration With AI Spending: Analyst
- Dec -16 - NetApp upgraded to Overweight from Neutral at JPMorgan
- Dec -11 - 2 AI Stocks That Gap and Crapped for a Dip Buying Opportunity
- Dec -10 - NetApp Up 45% Year to Date: Will the Stock Sustain Momentum in 2025?
- Dec -04 - New Research from NetApp Finds One in Five Companies Unable to Recover Data After Cyberattack
- Dec -03 - Tessell to Showcase RDS+++ Solution, Enhanced with New AWS FSx for NetApp ONTAP Integration, at re:Invent 2024
- Dec -02 - NetApp & AWS Launch New Offering for Easy Hybrid Cloud Deployments
- Dec -01 - NetApp Announces Integrated Solution with AWS Outposts for Hybrid Cloud Deployments
- Nov -29 - NetApp: Underappreciated Long-Term AI Beneficiary
- Nov -26 - NetApp to Participate in Upcoming Technology Conferences
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Hybrid Cloud
Expected Growth : 3.5 %
What the company do ?
NetApp's Hybrid Cloud is a flexible, scalable, and secure infrastructure that seamlessly integrates on-premises and cloud-based storage, computing, and data management.
Why we expect these perspectives ?
Hybrid Cloud from NetApp, Inc. growth driven by increasing demand for data management and storage across on-premises and cloud environments, fueled by digital transformation, cloud adoption, and need for data analytics and AI. Additionally, NetApp's strong partnerships with major cloud providers and its innovative solutions, such as Cloud Volumes and Cloud Data Services, contribute to its 3.5% growth.
Segment nΒ°2 -> Public Cloud
Expected Growth : 4.5 %
What the company do ?
NetApp Cloud Services is a public cloud that provides a suite of cloud-based data services for data storage, management, and protection.
Why we expect these perspectives ?
NetApp's Public Cloud growth is driven by increasing adoption of hybrid multi-cloud strategies, expansion of cloud-based data management and protection services, and growing demand for cloud-native applications and analytics. Additionally, NetApp's partnerships with major cloud providers, such as AWS, Azure, and Google Cloud, and its innovative cloud-based solutions, like Cloud Volumes and Cloud Sync, contribute to its 4.5% growth.
Netapp, Inc. Products
Product Range | What is it ? |
---|---|
All-Flash FAS (AFF) Systems | High-performance, all-flash storage systems designed for demanding workloads |
FAS Hybrid Flash Systems | Hybrid storage systems that combine flash and disk storage for balanced performance and capacity |
EF-Series All-Flash Arrays | High-performance, all-flash storage arrays designed for low latency and high throughput |
E-Series Storage Systems | High-capacity, high-performance storage systems for data centers and cloud infrastructure |
NetApp HCI (Hyper Converged Infrastructure) | Hyper-converged infrastructure that combines compute, storage, and networking |
NetApp ONTAP | Data management software that provides data protection, efficiency, and scalability |
NetApp Cloud Volumes | Cloud-based storage service that provides scalable, on-demand storage |
NetApp Cloud Sync | Cloud-based data synchronization service that enables data mobility |
NetApp Kubernetes Service (NKS) | Cloud-based Kubernetes service that provides automated deployment and management |
NetApp, Inc.'s Porter Forces
Threat Of Substitutes
NetApp's products and services are highly specialized, making it difficult for substitutes to emerge. However, the increasing adoption of cloud-based storage solutions poses a moderate threat.
Bargaining Power Of Customers
NetApp's customers are largely enterprises and organizations, which have limited bargaining power due to their dependence on NetApp's products and services.
Bargaining Power Of Suppliers
NetApp has a diversified supplier base, which reduces the bargaining power of individual suppliers. Additionally, NetApp's strong brand and market position give it negotiating power over its suppliers.
Threat Of New Entrants
The data storage industry has high barriers to entry, including significant R&D investments and established relationships with customers and partners. This makes it difficult for new entrants to compete with NetApp.
Intensity Of Rivalry
The data storage industry is highly competitive, with established players like Dell EMC, Hewlett Packard Enterprise, and IBM. NetApp faces intense competition in terms of product offerings, pricing, and innovation.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 67.76% |
Debt Cost | 8.20% |
Equity Weight | 32.24% |
Equity Cost | 10.22% |
WACC | 8.85% |
Leverage | 210.18% |
NetApp, Inc. : Quality Control
NetApp, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
HPQ | HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three β¦ |
ANET | Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company's cloud networking solutions consist of extensible operating β¦ |
DELL | Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) solutions, products, and services worldwide. The company operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions β¦ |
WDC | Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It β¦ |
SMCI | Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular β¦ |