NetApp, Inc. (NTAP) Stock Analysis
Last updated Sep 8, 2026
Health Check
Last analyzed Sep 7, 2026
- Financial Health 75
- Profitability 90
- Business Quality 75
- Balance Sheet 65
- Cash Flow 80
Why this rating?
Health 80/100 — Elite Quality
Worth tracking, but timing is mixed — not a clear setup yet.
Company overview
NetApp, Inc. (NTAP) is a Software - Infrastructure company in the Technology sector. Compound Radar rates NetApp, Inc. 80/100 (Elite Quality) due to high business quality, strong revenue growth, and manageable leverage.
Investment profile
- Quality High
- Growth Strong
- Balance Sheet Adequate
- Valuation Attractive
Financial highlights
Valuation
- P/E 26.75
- Forward P/E 17.34
- PEG 2.06
- EV/Revenue 4.79
Profitability
- Revenue Growth 29.9%
- Gross Margin 70.6%
- Operating Margin 26.7%
- Net Margin 19.2%
- ROE 114.8%
Financial strength
- Cash $3.58B
- Debt $2.53B
- Net Cash $1.04B
- Free Cash Flow $1.87B
- Current Ratio 1.24
Similar companies
Peers in Software - Infrastructure, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- Palantir Technologies Inc. Software - Infrastructure PLTR$170.30 91 Health 91 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Fortinet, Inc. Software - Infrastructure FTNT$157.47 86 Health 86 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Microsoft Corporation Software - Infrastructure MSFT$493.95 84 Health 84 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Zeta Global Holdings Corp. Software - Infrastructure ZETA$30.79 83 Health 83 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Remitly Global, Inc. Software - Infrastructure RELY$24.83 81 Health 81 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Nutanix, Inc. Software - Infrastructure NTNX$67.49 78 Health 78 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Qualys, Inc. Software - Infrastructure QLYS$170.32 78 Health 78 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Paymentus Holdings, Inc. Software - Infrastructure PAY$35.65 78 Health 78 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
FAQ
How Compound Radar scores and tracks NetApp, Inc. (NTAP).