NetApp stock holds near its 52-week high after guidance
Published on 08/22/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
NetApp Inc. (US64120B1098) is trading near a 52-week high, with NTAP closing at $192.81 on August 20, 2026 and a market value of $37.84 billion. The latest quarterly report, released on May 28, 2026, showed $2.03 in EPS on $1.95 billion in revenue, while consensus had looked for $2.27 in EPS and $1.87 billion in sales.
Results still matter
The numbers from May 28, 2026 still set the tone because revenue rose 12.5% from a year earlier and net margin reached 18.43%. That mix of growth and profitability helps explain why the shares have stayed close to their $209.06 52-week high even after the EPS miss.
Guidance keeps the debate open
NetApp also pointed to FY 2027 guidance of 8.700 to 9.000 EPS, while the current-year analyst view on MarketBeat sits at 7.3 EPS and a Hold consensus with an average target of $177.25. The gap between those two figures gives investors a concrete way to frame the debate around execution and valuation.
Current trading data show a recent close of $192.81, a 52-week range of $93.69 to $209.06 and volume of 2.17 million shares on August 20, 2026. That keeps NetApp close to the upper end of its range while the next reported quarter will need to confirm whether the margin and revenue trend can hold.
NetApp storage platform
NetApp's storage software and data management products remain the core of the story, with the company still tied to enterprise spending on hybrid and cloud infrastructure. For investors, the next question is whether those product lines can keep supporting revenue growth above the 12.5% pace seen in the May 28, 2026 quarter.
Shares and valuation
NetApp stock closed at $192.81 on August 20, 2026, and the company carried a $37.84 billion market capitalization at that time. The share price sits well above the $177.25 consensus target, which leaves valuation and guidance as the key comparison points for the next move.
Fact box
Company: NetApp Inc.
ISIN: US64120B1098
Ticker: NTAP
Exchange: Nasdaq
Price (as of August 20, 2026, 4:00 p.m. ET): $192.81 USD
Market cap: $37.84 billion (as of August 20, 2026)
Sector / Industry: Information Technology / Data Storage
Index membership: Nasdaq-100
More on NetApp stock
NetApp sells enterprise data storage, cloud management and software designed to move workloads across on-premise and public-cloud environments. That product mix keeps the company tied to capital spending in hybrid IT, where revenue growth and margin discipline often drive the stock more than the hardware cycle alone.
More on NetApp stock
The shares closed at $192.81 on August 20, 2026, after a 52-week range that ran from $93.69 to $209.06. The market value stood at $37.84 billion on the same date.
