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NASDAQ: NTAP

NetApp (NTAP) stock, explained like you're 5

NetApp trades on the Nasdaq under the ticker NTAP. It is a large cap company in the electronic components industry, part of the technology sector, with a market value of about 46.6 billion dollars.

Ticker
NTAP
Exchange
Nasdaq
Sector
Technology
Industry
Electronic Components
Size
Large cap, about 46.6 billion dollars

Is NetApp a small, medium or large cap company?

Yes. NetApp is a large cap stock. Its market cap, which is the total value of all its shares, is about 46.6 billion dollars.

Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.

How NetApp makes money

  • Selling software, hardware or cloud services, often as a subscription.
  • Charging businesses and consumers for products they use every day.
  • Licensing its technology and selling related services.

What moves NTAP stock

  • How fast sales are growing, especially in cloud and AI.
  • New product launches and customer wins.
  • Competition, regulation and how much the company spends on research.

In the news lately

  • NetApp (NTAP) Stock May Be Fully Priced Despite Fresh AI Storage News (Yahoo Finance)
  • NetApp, Inc. $NTAP Stock: Vontobel Holding Ltd. Boosts Stake (MarketBeat)
  • Dell stock plunges 11%, leading data center sell off as fears mount about 'enterprise AI timing' (CNBC)
  • Dell, HPE and NetApp Stocks Slump After Downgrades on Worries About AI Spending (Investopedia)
  • Why NetApp (NTAP) Stock Is Down Today (Moomoo)

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Each trading day at 5 PM ET we post what happened to NetApp and why it matters, in simple words. Free.

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Key terms to know before you follow NTAP

  • Market cap
  • P/E ratio
  • EPS (earnings per share)
  • Earnings report
  • Volatility

Questions about NetApp stock

What does NetApp do?

NetApp trades on the Nasdaq under the ticker NTAP. It is a large cap company in the electronic components industry, part of the technology sector, with a market value of about 46.6 billion dollars.

What is the ticker symbol for NetApp?

NetApp trades under the ticker NTAP on the Nasdaq.

What is NetApp's market cap?

NetApp is a large cap stock with a market cap of about 46.6 billion dollars.

How does NetApp make money?

Selling software, hardware or cloud services, often as a subscription. Charging businesses and consumers for products they use every day. Licensing its technology and selling related services.

What moves NTAP stock?

How fast sales are growing, especially in cloud and AI. New product launches and customer wins. Competition, regulation and how much the company spends on research.

How can I follow NTAP stock every day?

Add NTAP to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.

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A free brief on NetApp and your other stocks, every trading day at 5 PM ET.

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Similar stocks

  • SNDK · Sandisk
  • STX · Seagate Technology Holdings plc
  • WDC · Western Digital
  • TEL · TE Connectivity plc

Similar stocks

  • SNDKSandisk
  • STXSeagate Technology Holdings plc
  • WDCWestern Digital
  • TELTE Connectivity plc

Compare NTAP: NTAP vs SNDK, NTAP vs STX, NTAP vs WDC

Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.

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