NetApp Earnings Estimate

NTAP Stock

USD 119.06 0.00 0.00%

The next projected EPS of NetApp is estimated to be 1.9034 with future projections ranging from a low of 1.88 to a high of 1.95. NetApp's most recent 12-month trailing earnings per share (EPS TTM) is at 5.43. Please be aware that the consensus of earnings estimates for NetApp Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.

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NetApp is projected to generate 1.9034 in earnings per share on the 31st of January 2025. NetApp earnings estimates show analyst consensus about projected NetApp Inc EPS (Earning Per Share). It derives the highest and the lowest estimates based on NetApp's historical volatility. Many public companies, such as NetApp, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

NetApp Revenue Breakdown by Earning Segment

By analyzing NetApp's earnings estimates, investors can diagnose different trends across NetApp's analyst sentiment over time as well as compare current estimates against different timeframes. As of 02/17/2025, Gross Profit is likely to grow to about 5.4 B, while Pretax Profit Margin is likely to drop 0.11.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetApp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

NetApp Earnings Estimation Breakdown

The calculation of NetApp's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of NetApp is estimated to be 1.9034 with the future projection ranging from a low of 1.88 to a high of 1.95. Please be aware that this consensus of annual earnings estimates for NetApp Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.

Last Reported EPS

1.87

1.88

Lowest

Expected EPS

1.9034

1.95

Highest

NetApp Earnings Projection Consensus

Suppose the current estimates of NetApp's value are higher than the current market price of the NetApp stock. In this case, investors may conclude that NetApp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and NetApp's stock will quickly adjusts to the new information provided by the consensus estimate.

Number of Analysts	Historical Accuracy	Last Reported EPS		Estimated EPS for 31st of January 2025	Current EPS (TTM)
20	91.82%	1.87		1.9034	5.43

NetApp Earnings History

Earnings estimate consensus by NetApp Inc analysts from Wall Street is used by the market to judge NetApp's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only NetApp's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

NetApp Quarterly Gross Profit

1.18 Billion

As of 02/17/2025, Retained Earnings is likely to drop to about 227.2 M. In addition to that, Retained Earnings Total Equity is likely to drop to about 226.6 M As of 02/17/2025, Common Stock Shares Outstanding is likely to grow to about 252.4 M. Also, Net Income Applicable To Common Shares is likely to grow to about 1.5 B.

Hype

Prediction

Low	Estimated	High
117.15	119.11	121.07

Details

Intrinsic

Valuation

Low	Real	High
107.15	129.89	131.85

Details

Naive

Forecast

Low	Next	High
114.34	116.30	118.26

Details

21 Analysts

Consensus

Low	Target	High
126.38	138.88	154.16

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as NetApp. Your research has to be compared to or analyzed against NetApp's peers to derive any actionable benefits. When done correctly, NetApp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NetApp Inc. Note that many institutional investors and large investment bankers can move markets due to the volume of NetApp assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards NetApp. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving NetApp's stock price in the short term.

NetApp Earnings per Share Projection vs Actual

Actual Earning per Share of NetApp refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering NetApp Inc predict the company's earnings will be in the future. The higher the earnings per share of NetApp, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

NetApp Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as NetApp, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of NetApp should always be considered in relation to other companies to make a more educated investment decision.

NetApp Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact NetApp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2024-11-21	2024-10-31	1.78	1.87	0.09	5
2024-08-28	2024-07-31	1.45	1.56	0.11	7
2024-05-30	2024-04-30	1.79	1.8	0.01	0
2024-02-29	2024-01-31	1.69	1.94	0.25	14
2023-11-28	2023-10-31	1.39	1.58	0.19	13
2023-08-23	2023-07-31	1.07	1.15	0.08	7
2023-05-31	2023-04-30	1.34	1.54	0.2	14
2023-02-22	2023-01-31	1.31	1.37	0.06	4
2022-11-29	2022-10-31	1.33	1.48	0.15	11
2022-08-24	2022-07-31	1.1	1.2	0.1	9
2022-06-01	2022-04-30	1.28	1.42	0.14	10
2022-02-23	2022-01-31	1.28	1.44	0.16	12
2021-11-30	2021-10-31	1.21	1.28	0.07	5
2021-08-25	2021-07-31	0.95	1.15	0.2	21
2021-06-02	2021-04-30	1.12	1.17	0.05	4
2021-02-24	2021-01-31	1.01	1.1	0.09	8
2020-12-01	2020-10-31	0.73	1.05	0.32	43
2020-08-26	2020-07-31	0.41	0.73	0.32	78
2020-05-27	2020-04-30	1.04	1.19	0.15	14
2020-02-12	2020-01-31	1.18	1.16	-0.02	1
2019-11-13	2019-10-31	0.94	1.09	0.15	15
2019-08-14	2019-07-31	0.58	0.65	0.07	12
2019-05-22	2019-04-30	1.26	1.22	-0.04	3
2019-02-13	2019-01-31	1.15	1.2	0.05	4
2018-11-14	2018-10-31	0.99	1.06	0.07	7
2018-08-15	2018-07-31	0.8	1.04	0.24	30
2018-05-23	2018-04-30	1.01	1.05	0.04	3
2018-02-14	2018-01-31	0.91	0.99	0.08	8
2017-11-15	2017-10-31	0.69	0.81	0.12	17
2017-08-16	2017-07-31	0.55	0.62	0.07	12
2017-05-24	2017-04-30	0.82	0.86	0.04	4
2017-02-15	2017-01-31	0.74	0.82	0.08	10
2016-11-16	2016-10-31	0.54	0.6	0.06	11
2016-08-17	2016-07-31	0.36	0.46	0.1	27
2016-05-25	2016-04-30	0.58	0.55	-0.03	5
2016-02-17	2016-01-31	0.68	0.7	0.02	2
2015-11-18	2015-10-31	0.57	0.61	0.04	7
2015-08-19	2015-07-31	0.23	0.29	0.06	26
2015-05-20	2015-04-30	0.72	0.65	-0.07	9
2015-02-11	2015-01-31	0.77	0.75	-0.02	2
2014-11-12	2014-10-31	0.69	0.7	0.01	1
2014-08-13	2014-07-31	0.57	0.6	0.03	5
2014-05-21	2014-04-30	0.79	0.84	0.05	6
2014-02-12	2014-01-31	0.71	0.75	0.04	5
2013-11-13	2013-10-31	0.63	0.66	0.03	4
2013-08-14	2013-07-31	0.49	0.53	0.04	8
2013-05-21	2013-04-30	0.68	0.69	0.01	1
2013-02-13	2013-01-31	0.56	0.67	0.11	19
2012-11-14	2012-10-31	0.48	0.51	0.03	6
2012-08-15	2012-07-31	0.38	0.42	0.04	10
2012-05-23	2012-04-30	0.63	0.66	0.03	4
2012-02-15	2012-01-31	0.58	0.58	0.0	0
2011-11-16	2011-10-31	0.59	0.63	0.04	6
2011-08-17	2011-07-31	0.55	0.55	0.0	0
2011-05-25	2011-04-30	0.53	0.59	0.06	11
2011-02-16	2011-01-31	0.5	0.52	0.02	4
2010-11-17	2010-10-31	0.49	0.52	0.03	6
2010-08-18	2010-07-31	0.46	0.49	0.03	6
2010-05-26	2010-04-30	0.44	0.5	0.06	13
2010-02-17	2010-01-31	0.38	0.4	0.02	5
2009-11-18	2009-10-31	0.3	0.37	0.07	23
2009-08-19	2009-07-31	0.2	0.22	0.02	10
2009-05-20	2009-04-30	0.23	0.31	0.08	34
2009-02-11	2009-01-31	0.28	0.28	0.0	0
2008-11-12	2008-10-31	0.27	0.28	0.01	3
2008-08-13	2008-07-31	0.22	0.22	0.0	0
2008-05-21	2008-04-30	0.36	0.38	0.02	5
2008-02-13	2008-01-31	0.34	0.37	0.03	8
2007-11-14	2007-10-31	0.26	0.32	0.06	23
2007-08-15	2007-07-31	0.19	0.2	0.01	5
2007-05-23	2007-04-30	0.3	0.3	0.0	0
2007-02-14	2007-01-31	0.28	0.29	0.01	3
2006-11-15	2006-10-31	0.25	0.28	0.03	12
2006-08-16	2006-07-31	0.23	0.25	0.02	8
2006-05-24	2006-04-30	0.23	0.23	0.0	0
2006-02-15	2006-01-31	0.21	0.22	0.01	4
2005-11-16	2005-10-31	0.18	0.21	0.03	16
2005-08-17	2005-07-31	0.16	0.16	0.0	0
2005-05-24	2005-04-30	0.17	0.17	0.0	0
2005-02-15	2005-01-31	0.16	0.16	0.0	0
2004-11-16	2004-10-31	0.14	0.16	0.02	14
2004-08-17	2004-07-31	0.12	0.13	0.01	8
2004-05-18	2004-04-30	0.12	0.12	0.0	0
2004-02-17	2004-01-31	0.1	0.11	0.01	10
2003-11-18	2003-10-31	0.09	0.09	0.0	0
2003-08-19	2003-07-31	0.07	0.08	0.01	14
2003-05-13	2003-04-30	0.07	0.07	0.0	0
2003-02-11	2003-01-31	0.06	0.06	0.0	0
2002-11-12	2002-10-31	0.05	0.05	0.0	0
2002-08-13	2002-07-31	0.04	0.05	0.01	25
2002-06-28	2002-04-30	0.04	0.04	0.0	0
2002-02-12	2002-01-31	0.02	0.04	0.02	100
2001-11-13	2001-10-31	0.01	0.02	0.01	100
2001-08-14	2001-07-31	0.01	0.01	0.0	0
2001-05-15	2001-04-30	0.02	0.02	0.0	0
2001-02-15	2001-01-31	0.1	0.11	0.01	10
2000-11-14	2000-10-31	0.09	0.1	0.01	11
2000-08-14	2000-07-31	0.08	0.09	0.01	12
2000-05-18	2000-04-30	0.06	0.07	0.01	16
2000-02-15	2000-01-31	0.05	0.06	0.01	20
1999-11-16	1999-10-31	0.04	0.05	0.01	25
1999-08-18	1999-07-31	0.04	0.04	0.0	0
1999-05-18	1999-04-30	0.03	0.03	0.0	0
1999-02-17	1999-01-31	0.03	0.03	0.0	0
1998-11-17	1998-10-31	0.03	0.03	0.0	0
1998-08-18	1998-07-31	0.02	0.02	0.0	0
1998-05-12	1998-04-30	0.02	0.02	0.0	0
1998-02-10	1998-01-31	0.02	0.02	0.0	0
1997-11-11	1997-10-31	0.02	0.02	0.0	0
1997-08-12	1997-07-31	0.01	0.02	0.01	100
1997-05-07	1997-04-30	0.01	0.01	0.0	0
1997-02-12	1997-01-31	0.01	0.01	0.0	0
1996-11-12	1996-10-31	0.01	0.01	0.0	0
1996-08-14	1996-07-31	0.01	0.01	0.0	0
1996-05-15	1996-04-30	0.01	0.01	0.0	0
1996-02-15	1996-01-31	0.01	0.01	0.0	0

About NetApp Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of NetApp earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current NetApp estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as NetApp fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'

Please read more on our stock advisor page.

	Last Reported	Projected for Next Year
Retained Earnings	239.2 M	227.2 M
Retained Earnings Total Equity	238.5 M	226.6 M
Earnings Yield	0.04	0.03
Price Earnings Ratio	22.71	21.58
Price Earnings To Growth Ratio	(2.99)	(2.85)

Pair Trading with NetApp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NetApp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NetApp will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to NetApp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NetApp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NetApp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NetApp Inc to buy it.

The correlation of NetApp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NetApp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NetApp Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NetApp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for NetApp Stock Analysis

When running NetApp's price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.

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NetApp Earnings Estimate

NetApp Revenue Breakdown by Earning Segment

NetApp Earnings Estimation Breakdown

NetApp Earnings Projection Consensus

NetApp Earnings History

NetApp Quarterly Gross Profit

1.18 Billion

NetApp Earnings per Share Projection vs Actual

NetApp Estimated Months Earnings per Share

NetApp Quarterly Analyst Estimates and Surprise Metrics

About NetApp Earnings Estimate

Pair Trading with NetApp

Additional Tools for NetApp Stock Analysis

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