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NASDAQ:NTAP
Network Appliance is a American stock, trading under the symbol NTAP (previously NTAP-Q on Stockchase) on the NASDAQ (NTAP). It is usually referred to as NASDAQ:NTAP or NTAP
In the last year, no analyst issued a Buy, Sell, or Hold rating on NTAP (previously NTAP-Q on Stockchase) on Stockchase. Read the latest expert commentary for Network Appliance.
Network Appliance was recommended as a Top Pick by Noah Blackstein, B.A., CFA on 2000-11-20. Read the latest stock experts ratings for Network Appliance.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Network Appliance.
Network Appliance is followed by 7 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-12, Network Appliance (NTAP) stock closed at a price of $161.62.
NTAP provides services to manage and share data on cloud and premises, and is now trading at 15x times' Forward P/E. In the last few years, growth was quite mature, in the mid-single-digit range on average. The balance sheet is strong, with net cash of $267M. The company has been paying dividends and repurchasing shares aggressively over the last few years. Based on consensus estimates, sales are expected to grow by about 3% on average going forward. Overall, a value type of name with lots of cash flow to be returned to shareholders but limited growth prospects.
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