ROARABLE
FREE $100K
Today Screener Big Ideas Track Record 💰 $100K Arena 🎲 Predictions 🏛️ Insiders 8 Analysts
Stock Ratings / Technology / NTAP / forecast
COHR (46) P (61) TEL (71) WDC (67) ⌘ Pro Terminal →

NetApp Inc. (NTAP) 12-Month Stock Forecast & Price Target Cone

$185.26 -6.99% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $182.58

NetApp Inc. (NTAP) carries a Roarable Rating of C+ (Hold) with 68/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C+ • HOLD / WATCH Cap $39.12B
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on NTAP Below — or Connect Your Own ChatGPT / Claude
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is NTAP stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
▼

As of 2026-11-03, NetApp Inc. (NASDAQ: NTAP) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 68/100 at a spot price of $185.26 (-6.99% 1D, market cap $39.12B). Pillar breakdown: Fundamental Cash Engine 19/20, Institutional 13F & Options Flow 12/20, SEC Balance-Sheet Forensics 11/20, FRED Macro Regime Fit 11/20, and Executive Insider Alignment 15/20. Across 715 tracked Technology issuers, NTAP ranks #100 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does NTAP compare to COHR and P in the Technology sector?
▼

Within the Technology sector (Electronic Components), NTAP carries a Roarable C+ (68/100 RQD), trailing P/E of 33.6x, gross margin of 70.7%, and ROIC of 38.5%. By comparison, COHR (Coherent Corp.) holds a D grade (46/100 RQD, P/E N/A, ROIC 0.3%, cap $41.42B) and P (Everpure Inc.) posts a C- grade (61/100 RQD, P/E N/A, ROIC 2.5%, cap $42.31B). Among the 5-stock peer group, WDC leads on earnings multiple (21.7x) while WDC leads on capital efficiency (58.3% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for NTAP?
▼

Per NTAP's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-04-24, CIK 0001002047), NetApp Inc. generated $6.92B in revenue (+5.4% YoY), $1.28B in net income, and $1.87B in free cash flow against $9.97B in total assets and $2.49B in total debt. Key quantitative strengths: Strong cash generator (70.7% gross margin)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $182.57 (-1.45%)🧬 Cannibal Buyback (-2.08% YoY Shares)⚙️ Cash Engine: 19/20 (A+) • 27% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record: Scores of 68/100 (C+) historically posted market-perform odds over rolling 90-day windows (+1.8% avg 90D alpha vs SPY • 56.9% hit rate — wait for RQD ≥ 70 breakout).
Audit Bucket Track Record →
RQD QUANT TACHOMETERHOLD / WATCH • C+
025507510068
JEV AI Jury Split (Battleground)
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B+ · Rk D+
Cash (19)Whales (12)SEC (11)Macro (11)CEO (15)
Each axis scored 0–20
12M PRICE TARGET CONE+4.5% Base Target
$253 Bull$194 Base$151 Bear
📬 FREE NTAP RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for NTAP)Realized 20D OHLCV Swing Band: ±8.6%
Deterministic 5-Pillar Attribution (68/100 Composite)
🔍 WHY NTAP SCORES 68/100 (C+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Cash Engine Quality+19/20 pts (28% of score)

SEC XBRL FY 2025 (10-K): 27% FCF Margin ($1.87B FCF) & 70.7% Gross Margin

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+15/20 pts (22% of score)

SEC Form 4 / 13F Thermometer: 75% Net Buy • Cannibal Buyback (-2.08% YoY Shares)

▼ #1 Drag / Risk Factor: Macro Regime Fit11/20 pts (-9 pt drag)

Macro rate sensitivity & RSI-14 (42.5) create a -9 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
76
Grade B+$222.20-2.2% Next Q
Q2 (-2Q)
73
Grade B$217.21+3% Next Q
Q3 (-1Q)
71
Grade B$223.66-17.2% Next Q
Current
68
Grade C+$185.26+1.8% Hist 90D α
Trajectory: B+ (76) → C+ (68)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the NTAP Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 68/100 (C+) score, NTAP faces multiple-compression risk if 33.6x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.08% YoY Shares) — any gross margin slip below 68.2% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($206.56) or 200D SMA ($151.71) invalidates the momentum regime and cuts Target Base ($193.60) toward Bear Floor ($151.01).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $NTAP• $4.8M Crowd Pool • Kalshi / Polymarket Composite
Contract: “NTAP Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”
YES 68%NO 32%Trade / Inspect Odds →
INTERACTIVE 12-MONTH POSITION SIMULATOR

Drag to Test Your NTAP Position Size: $10,000

Shares at $185.26: 54.0 sh
$1,000$10,000$25,000$50,000$100,000
12M Bear Case FloorTarget $151.01
$8,151
$-1,849 (-18.5%)
12M Consensus BaseTarget $193.60
$10,450
+$450 (+4.5%)
12M Bull Case BreakoutTarget $252.91
$13,652
+$3,652 (+36.5%)

Wall Street Analyst Breakdown & Historical Accuracy Audit (28 Desks)

Street Historical Accuracy: 64/100
● Strong Buy / Buy: 17● Hold: 9● Sell: 2
Wall Street FirmStance12M Target1Y AccuracyTrack Grade
Morgan StanleyInstitutional Equity DeskHOLD$20174%A
Goldman SachsSector Coverage LeadBUY$23869%B
JP MorganUS Large-Cap ResearchHOLD$17258%C
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Quantitative Research Desk

Scheduled RQD Strong Buys & Whale Accumulation Briefing (NTAP Tape Review)

  • ✓Breakdown of the highest-scoring RQD Green-Light breakouts across our 5,200+ rated universe
  • ✓Forensic Red-Light accounting & dilution traps to review on your watchlist
  • ✓Includes downloadable .ics calendar invite & nightly RQD rating-change email alerts
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?
Join Founding VIP Waitlist (No Card Required) →$100K Arena
NTAP // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +66.99%▲ ASCENDING CHANNEL
2026-11-03O $218.4H $218.4L $185.3C $185.3VOL 2.56M
RES: $253.0SUP: $171.5SMA50: $206.6SMA200: $151.7
$250.5$210.5$170.4$130.3$90.16RES $253.0SUP $171.5$185.32026-05-042026-06-182026-08-052026-09-212026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

NTAP Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 NTAP Butterfly Map → + Track NTAP →
Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle
25.9%/yr Implied 5Y Growth

vs. +5.4% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on NTAP today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for NTAP. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for NTAP today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (NTAP)

Technology Rank #100 of 715 ⚔️ COHR vs NTAP Full Matrix →

1. Head-to-Head Technology Peer Comparison (NTAP vs. COHR, P, TEL, WDC)

Industry: Electronic Components (21 Tracked Issuers)

Across 715 tracked Technology securities in the Roarable RQD universe, NetApp Inc. (NTAP) ranks #100 by composite RQD confidence (68/100, grade C+) and #74 by equity capitalization ($39.12B). Within this direct 5-issuer industry benchmark cohort, WDC leads on earnings valuation at 21.7x trailing P/E, while WDC leads on capital efficiency and profitability with 58.3% ROIC and — gross margin. TEL currently holds the highest overall quantitative score in the immediate peer group at 71/100 (B-) compared with NTAP at 68/100 (C+).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
NTAP ACTIVE
NetApp Inc.
C+ 68/100 33.6x 70.7% 38.5% -6.99% $39.12B Benchmark Subject
COHR
Coherent Corp.
D 46/100 — 35.2% 0.3% -4.93% $41.42B /cohr-vs-ntap →
P
Everpure Inc.
C- 61/100 — 70.4% 2.5% -10.39% $42.31B /p-vs-ntap →
TEL
TE Connectivity plc
B- 71/100 35.0x 35.2% 15.2% +2.10% $61.68B /tel-vs-ntap →
WDC
Western Digital Corporation
C+ 67/100 21.7x — 58.3% -7.52% $137.04B /wdc-vs-ntap →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2026-04-24 • CIK 0001002047 ↗

In its most recent audited fiscal period (FY2025, filed 2026-04-24), NetApp Inc. (NTAP) reported GAAP revenue of $6.92B (+5.4% vs. FY2024 revenue of $6.57B , and +10.5% cumulative change since FY2023) , GAAP net income of $1.28B, operating cash flow of $2.07B, and free cash flow of $1.87B (+39.7% YoY). On the balance sheet, NTAP closed FY2025 with $9.97B in total assets against $2.49B in total debt (Altman Z-Score: 4.34, Piotroski F-Score: 8/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2026-04-24 $6.92B $1.28B $2.07B $1.87B $9.97B $2.49B
FY2024 (FY) 2025-04-25 $6.57B $1.19B $1.51B $1.34B $8.99B $1.24B
FY2023 (FY) 2024-04-26 $6.27B $986.0M $1.69B $1.40B $23.60B $5.52B

3. NTAP Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is NTAP stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, NetApp Inc. (NASDAQ: NTAP) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 68/100 at a spot price of $185.26 (-6.99% 1D, market cap $39.12B). Pillar breakdown: Fundamental Cash Engine 19/20, Institutional 13F & Options Flow 12/20, SEC Balance-Sheet Forensics 11/20, FRED Macro Regime Fit 11/20, and Executive Insider Alignment 15/20. Across 715 tracked Technology issuers, NTAP ranks #100 in composite RQD confidence.

How does NTAP compare to COHR and P in the Technology sector?

Within the Technology sector (Electronic Components), NTAP carries a Roarable C+ (68/100 RQD), trailing P/E of 33.6x, gross margin of 70.7%, and ROIC of 38.5%. By comparison, COHR (Coherent Corp.) holds a D grade (46/100 RQD, P/E N/A, ROIC 0.3%, cap $41.42B) and P (Everpure Inc.) posts a C- grade (61/100 RQD, P/E N/A, ROIC 2.5%, cap $42.31B). Among the 5-stock peer group, WDC leads on earnings multiple (21.7x) while WDC leads on capital efficiency (58.3% ROIC).

What are the biggest fundamental strengths and SEC risk factors for NTAP?

Per NTAP's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-04-24, CIK 0001002047), NetApp Inc. generated $6.92B in revenue (+5.4% YoY), $1.28B in net income, and $1.87B in free cash flow against $9.97B in total assets and $2.49B in total debt. Key quantitative strengths: Strong cash generator (70.7% gross margin)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Institutional options positioning shows a 50% call / 50% put premium split.

Where is NTAP trading relative to its 50-day, 200-day, and 52-week technical levels?

NTAP last traded at $185.26 (-6.99% on volume of 2,453,171 shares), positioning the stock -10.31% below its 50-day simple moving average ($206.56) and +22.11% above its 200-day simple moving average ($151.71). Across its 52-week range of $93.69 to $240.87, NTAP sits at the 62.2% percentile with a 14-day RSI of 42.5 (NEUTRAL RANGE) and an implied next-earnings move of ±8.6% ($169.33 to $201.19).

Direct Sub-Reports: NTAP RQD Cockpit NTAP 12M Forecast NTAP Earnings & Move NTAP Dividends & DRIP NTAP Insiders & 13F NTAP Whale Options NTAP Profit Sankey NTAP News & Why
ROARABLE RATING BRIEF • RQD 68/100 (C+) ✓ SEC XBRL & RQD VERIFIED

NTAP — NetApp Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit
Updated: 2026-04-24

1. Roarable Rating Brief: What This Means to a Prospective Investor

NetApp Inc. (NTAP) earns a live Roarable RQD composite score of 68/100, corresponding to a C+ letter grade (Roarable Hold) at a spot price of $185.26 (-6.99% 1D, market capitalization $39.12B).

  • Fundamental Cash Engine (19/20): Anchored by return on invested capital (ROIC) of 38.5%, gross margin of 70.7%, operating margin of 24.2%, and free cash flow yield of 4.36%.
  • Whale 13F & Options Flow (12/20) + Insider Conviction (15/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
  • Macro Regime Fit (11/20) + Forensic Balance Sheet (11/20): Incorporates a 1.23x equity beta, Altman Z-Score of 4.34, Piotroski F-Score of 8/9, and Debt/Equity of 2.15x.

2. Business Model, Unit Margins & SEC Financial Trajectory

NetApp Inc. (NTAP) is a NASDAQ-listed operating company in the Electronic Components industry (Technology sector) with an equity market capitalization of $39.12B. The business operates with a gross margin of 70.7%, an operating margin of 24.2%, and a return on invested capital (ROIC) of 38.5% (free cash flow yield of 4.36%). Within the Electronic Components peer group, investor evaluation centers on operating leverage, unit margin durability, and capital allocation efficiency across market cycles.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2026-04-24), NetApp Inc. (NTAP) reported $6.92B in annual revenue (up from $6.57B in FY2024, +5.4% YoY) and $1.28B in GAAP net income. Over the multi-year SEC filing window from FY2023 ($6.27B revenue, $986.0M net income) through FY2025, NTAP scaled operating cash flow to $2.07B and free cash flow to $1.87B, backed by $9.97B in total assets against $2.49B in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

  • 🐂 Primary Bull Case (C+ • RQD 68/100): Strong cash generator (70.7% gross margin)—profits are backed by real money, not accounting tricks. Company leadership has skin in the game with net positive insider conviction. With Fundamental Cash Engine at 19/20 and Institutional Whale Flow at 12/20, sustained execution supports upside toward the upper end of the $93.69 – $240.87 52-week range.
  • 🐻 Primary Bear Case & Valuation Risk: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Investors must weigh 33.6x trailing P/E and 23.8x EV/EBITDA against 24.2% operating margins and a 1.23x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Electronic Components (Technology), NTAP carries a macro regime beta of 1.23 and gross margin of 70.7%.

  • Key Question #1: Can NTAP sustain or expand its 24.2% operating margin and 38.5% ROIC against Electronic Components peers over the next 4 quarters?
  • Key Question #2: Following FY2025 revenue of $6.92B and free cash flow of $1.87B, how will capital allocation balance growth reinvestment against $2.49B in total debt?
  • Key Question #3: How sensitive is NTAP's 31.2x forward P/E multiple to Technology capital spending cycles and macro interest-rate shifts (Beta 1.23x)?

NTAP Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for NetApp Inc. (NTAP) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to NTAP Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

NTAP Bull vs. Bear Conversation Board — What's Your Call at $185.26?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON NTAP 🐻 33% BEARISH CONVICTION
1. Pick Your Side on NTAP:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
TA TapeReader_Pro RQD DEBATE OPENER • Price Action & Volume Trader 🐂 BULLISH 🎯 Target: $258.93 (+30.0%)
📌 Pinned Debate

Fundamental cash engine scores 19 of 20 on ROIC of 38.5% and an FCF yield of 4.36%, the strongest pillar in the RQD rating.

Here is why I am bullish on NTAP here at $199.18: Fundamental cash engine scores 19 of 20 on ROIC of 38.5% and an FCF yield of 4.36%, the strongest pillar in the RQD rating.. Compare NTAP's 24.2% operating margin and 38.5% ROIC against the rest of Electronic Components. As long as cash conversion holds up, dips toward $189.22 are getting bought.

EarningsSniper 🐂 BULL

Both sides have a point here — NTAP's 11/20 balance sheet score keeps downside contained, so the real swing factor next earnings call is backlog and FCF conversion.

SH ShortSeller_Dan RQD DEBATE OPENER • Forensic Short Bias 🐻 BEARISH 🎯 Target: $155.36 (-22.0%)
Spot @ $199.18

Trading at a P/E (TTM) of 33.6 and EV/EBITDA of 23.8 with a Debt/Equity of 2.15, valuation and leverage limit the upside to the rating.

Careful chasing NTAP at $199.18. Trading at a P/E (TTM) of 33.6 and EV/EBITDA of 23.8 with a Debt/Equity of 2.15, valuation and leverage limit the upside to the rating.. Gross margin is 70.7%, but operating margin is 24.2%, which shows SG&A and reinvestment are eating into bottom-line EPS. Target $155.36 on multiple compression.

LIVE TAPE SPY $752.10 -1.80% QQQ $681.09 -3.60% DIA $519.34 -1.08% IWM $279.14 -1.68% NVDA $202.06 -1.26% AAPL $338.32 -1.83% MSFT $507.12 -2.83% TSLA $403.82 +1.00% PLTR $178.34 -3.13% SOFI $16.60 -0.95% IBIT $43.35 -5.42% GLD $361.65 -3.59%