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Upturn AI SWOT - About
NTAP 
NetApp Inc (NTAP)
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Upturn Advisory Summary
04/01/2025: NTAP (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -10.93% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 18.47B USD | Price to earnings Ratio 16.57 | 1Y Target Price 121.21 |
Price to earnings Ratio 16.57 | 1Y Target Price 121.21 | ||
Volume (30-day avg) 2764787 | Beta 1.23 | 52 Weeks Range 86.40 - 134.84 | Updated Date 04/1/2025 |
52 Weeks Range 86.40 - 134.84 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 2.37% | Basic EPS (TTM) 5.4 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 17.47% | Operating Margin (TTM) 22.73% |
Management Effectiveness
Return on Assets (TTM) 9.52% | Return on Equity (TTM) 114.33% |
Valuation
Trailing PE 16.57 | Forward PE 11.36 | Enterprise Value 18185297920 | Price to Sales(TTM) 2.8 |
Enterprise Value 18185297920 | Price to Sales(TTM) 2.8 | ||
Enterprise Value to Revenue 2.8 | Enterprise Value to EBITDA 10.59 | Shares Outstanding 206376992 | Shares Floating 202429045 |
Shares Outstanding 206376992 | Shares Floating 202429045 | ||
Percent Insiders 0.39 | Percent Institutions 96.24 |
Analyst Ratings
Rating 3.57 | Target Price 138.88 | Buy 3 | Strong Buy 5 |
Buy 3 | Strong Buy 5 | ||
Hold 12 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
NetApp Inc
Company Overview
History and Background
NetApp Inc. was founded in 1992. Initially focused on file servers, it shifted to networked data storage solutions. Over time, it expanded into data management, cloud services, and flash storage, marking a significant evolution in its offerings and technological focus.
Core Business Areas
- Hybrid Cloud: Provides solutions that allow customers to manage data across on-premises and public cloud environments, ensuring seamless integration and data mobility.
- All-Flash Arrays: Offers high-performance storage solutions designed for demanding workloads, delivering fast data access and reduced latency.
- Data Management Software: Provides software tools for data protection, disaster recovery, compliance, and optimization across different storage environments.
- Cloud Data Services: Delivers cloud-based data management and storage services, providing scalable and flexible solutions for modern applications.
Leadership and Structure
George Kurian is the CEO. The organizational structure is functional, with departments for engineering, sales, marketing, finance, and operations. The Board of Directors provides oversight and strategic direction.
Top Products and Market Share
Key Offerings
- Market Share (%): 25
- ONTAP: ONTAP is NetApp's flagship data management software platform, providing comprehensive data services across hybrid cloud environments. Competitors include Dell EMC PowerStore, HPE Alletra. Market share data is difficult to pinpoint precisely but it's considered a market leader in the ONTAP ecosystem.
- SolidFire: SolidFire is an all-flash array optimized for cloud service providers and large enterprises, known for its scale-out architecture and guaranteed Quality of Service (QoS). Competitors include Pure Storage FlashArray//X and IBM FlashSystem.
- Cloud Volumes ONTAP: Cloud Volumes ONTAP brings enterprise-class data management to public clouds like AWS, Azure, and Google Cloud. Competitors include native cloud storage solutions and other third-party data management tools.
Market Dynamics
Industry Overview
The data storage and management industry is undergoing rapid transformation, driven by the growth of cloud computing, big data analytics, and artificial intelligence. The market is competitive, with numerous vendors offering a wide range of solutions.
Positioning
NetApp is positioned as a leader in hybrid cloud data management and storage solutions. Its competitive advantages include its strong ONTAP platform, its expertise in enterprise storage, and its partnerships with major cloud providers.
Total Addressable Market (TAM)
The total addressable market for data management and storage is estimated at hundreds of billions of dollars. NetApp is positioned to capture a significant portion of this market, particularly in the hybrid cloud and all-flash array segments.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Established customer base
- Leading position in hybrid cloud data management
- Innovative technology portfolio
- Solid financial performance
Weaknesses
- Dependency on hardware sales
- Slower growth compared to pure-play cloud vendors
- Complex product portfolio
- Customer perception as a traditional storage vendor
- Integration Challenges
Opportunities
- Expansion into emerging markets
- Adoption of cloud-native technologies
- Growing demand for data analytics and AI solutions
- Strategic partnerships with cloud providers
- Increasing shift to subscription-based models
Threats
- Intense competition from established vendors and startups
- Rapid technological advancements
- Economic downturns
- Data security and privacy concerns
- Shift to public cloud infrastructure
Competitors and Market Share
Key Competitors
- DELL (DELL)
- HPE (HPE)
- Pure Storage (PSTG)
Competitive Landscape
NetApp holds a strong position in the hybrid cloud and all-flash array segments. Its advantages include its established customer base, its strong ONTAP platform, and its partnerships with major cloud providers. However, it faces intense competition from Dell, HPE, and Pure Storage.
Major Acquisitions
Spot
- Year: 2020
- Acquisition Price (USD millions): 450
- Strategic Rationale: Acquisition of Spot for its cloud compute management and cost optimization platform. Provides cloud automation and cost reduction solutions.
Growth Trajectory and Initiatives
Historical Growth: NetApp has experienced moderate growth over the past decade, driven by its hybrid cloud and all-flash array offerings. This growth is detailed in the financial performance metrics.
Future Projections: Analysts project moderate growth for NetApp in the coming years, driven by the increasing adoption of hybrid cloud and the demand for data management solutions. Projected revenue growth is around 3-5% annually.
Recent Initiatives: Recent initiatives include strategic partnerships with cloud providers, investments in cloud-native technologies, and the launch of new data management services. Focus on the ONTAP ecosystem.
Summary
NetApp is a well-established player in the data storage and management market, particularly known for its hybrid cloud solutions based on its ONTAP system. It faces increasing competition in the face of growing shift to the public cloud where other competitor are doing better. While its financial performance remains relatively stable, its strategic partnerships and cloud initiatives are essential to maintain and increase its market position. Growth will depend on how NetApp continues to innovate in the cloud data management space to increase top line revenue.
Similar Companies
AMZN
Amazon.com Inc
AMZN
Amazon.com Inc
DELL
Dell Technologies Inc
DELL
Dell Technologies Inc
HPE
Hewlett Packard Enterprise Co
HPE
Hewlett Packard Enterprise Co
MSFT
Microsoft Corporation
MSFT
Microsoft Corporation
PSTG
Pure Storage Inc
PSTG
Pure Storage Inc
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Industry Analyst Reports
- Financial News Outlets
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market data is subject to change. All numerical values may be approximations. Market share estimates may vary across sources.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About NetApp Inc
Exchange NASDAQ | Headquaters San Jose, CA, United States | ||
IPO Launch date 1995-11-21 | CEO & Director Mr. George Kurian | ||
Sector Technology | Industry Computer Hardware | Full time employees 11800 | Website https://www.netapp.com |
Full time employees 11800 | Website https://www.netapp.com | ||
NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Hybrid Cloud and Public Could. The company offers data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and NetApp Astra; and storage infrastructure solutions, including NetApp All-Flash FAS, NetApp All-Flash FAS with capacity flash, NetApp All-Flash SAN Array, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and Google Cloud NetApp Volumes, as well as NetApp BlueXP, BlueXP Sync, BlueXP Tiering, NetApp Backup, BlueXP Compliance, and BlueXP Cache; and cloud operations services consist of NetApp Cloud Insights, Spot by NetApp, and Instaclustr. In addition, the company offers professional and support services, such as storage-as-a-service (STaaS), strategic consulting, professional, managed, and support services, as well as assessment, design, implementation, and migration services. It serves various industries comprising energy, financial services, government, technology, internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
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