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66

NTAP

💻 Technology

NetApp, Inc.

Conservative #162Aggressive #193Low RiskModerate 69ML↑ 21pt
$101.88+2.01%
Day High$102.44
Day Low$99.83
Volume2.6M
Mkt Cap$20.3B
52W Low $7252W High $128
Market Cap
$20.4B
P/E Ratio
17.8
Sector avg: 87.8
Rev Growth
4.9%
Sector avg: 14.8%
Earnings Growth
20.3%
Profit Margin
18.0%
Sector avg: -110.0%
Debt/Equity
3.36

Why This Score

NTAP scores 66.3 on the Conservative profile, blending a fundamental score (80% weight, emphasizing quality and stability (84% of fundamental weight)) with a machine-learning signal (20% weight) trained on 82 features across 30 years of data.

Strengths
  • Strong profitability: ROE of 114.0% exceeds the 15% quality threshold.
  • ML model assigns a high-conviction signal (94/100), indicating strong pattern recognition across 82 features.
Risk Factors
  • Signal divergence: Fundamental and ML signals disagree by a significant margin, reducing confidence.
  • Elevated leverage (D/E 3.36) increases financial risk in a rising-rate environment.

Moderate penalties (-3.1 points) reflect identified risk factors. The overall score balances these against the stock's fundamental strengths.

Score Breakdown

Overall Score66.3
Fundamental Score58.2
ML Score94.0

Score by Horizon

3 Month
83.5
6 Month
93.3
Primary
1 Year
98.2

Quality Assessment

A
Earnings Grade
Strong fundamentals, high earnings quality
Quality Flags
Extreme leverage: D/E ratio of 3.4x — balance sheet risk

Position Sizing

Suggested Allocation
5%
Confidence
high

Score Composition Waterfall

How each component affects the final score
Backtested Scoring Levers (IC-calibrated from 30y ElasticNet)
Weinstein (12.1%)
0
Declining
Sentiment (2.5%)
51
Neutral
Analyst (6.4%)
56
Neutral
Tradability (post-hoc)
98
Grade A
Base
65.4
SHAP
+2.4
Factors
+1.6
Divergence
-3.1
Final
66.3
Positive adjustment
Negative adjustment
Base blend
Final score

Factor Breakdown

64AVG
Value70
Quality85
Growth75
Stability35
Investment55

Signal SegmentsComputed from ML features

Fundamental (Valuation, Quality, Growth)59.0
Technical (Momentum, Weinstein, Volatility)53.0
External (Sentiment, Analyst, Macro)77.0
Scores below 50 indicate weakness in that segment relative to the universe.

Data Quality

Score
Features
Confidence
Feature Coverage96%

Growth Estimates

Short-term
-5.2% to +1.2%
Medium-term
-7.8% to +1.8%
Long-term
-10.4% to +2.4%

ML Model Core Features100 trained inputs → ML Score: 94

These features are direct inputs to the machine learning model. The model was trained on these signals alongside 100 features (including 12 momentum/technical indicators) to produce the ML percentile score.

Analyst Intelligence
Consensus Score56.4/100
Target Upside+20.0%
Coverage70 analysts
Market Sentiment
Sentiment Score50.6/100
News Volume1 articles
Technical Stage
Weinstein Stage4 — Declining
12M Momentum+0.0%
6M Momentum-0.1%
Volatility+0.1%
Momentum & Technical
Momentum Acceleration+13.1%
Momentum ConsistencyDivergent (-0.57)
Relative Strength vs Sector+1.1%
Trend Strength (ADX Proxy)Weak (0.7)
Momentum Quality+0.039
Momentum BreadthNarrow
Macro Regime
Bull RegimeYes
High Vol RegimeNo
S&P 500 Return+25.0%
Yield Curve-0.1bp

Sector-Relative AnalysisIn-model features

Value Trap Signal
31%
High risk — cheap + stagnating
Sector RevGr Rank
P32
Revenue growth vs Technology peers
Sector PE Rank
P60
Valuation vs Technology peers
Sector FCF Rank
P76
Free cash flow vs Technology peers
Growth Deviation
-0.1σ
Z-score vs sector median
Stagnation Flag
NO
Not flagged
Value trap warning: This stock scores in the top quartile for value trap risk. The combination of below-sector-median revenue growth, low PE, and high free cash flow yield suggests the market is pricing in stagnation. The ML model's sector-relative features (trained on 30 years of data) reduce this stock's score accordingly.

Analysis Signals

Scoring Factors
Fundamental score of 74 relative to sector peers74/100
Machine learning model ranks this stock at the 94th percentileP94
ML model weight reduced to 9% due to macro conditions: market in extended rally phase; yield curve inverted (recession indicator); late-cycle economic indicators detected9% ML weight
SHAP feature alignment: +3.1pt (features align with model priorities)—
Blend: 91% fund (73.6) + 9% ML (94.3) + SHAP(+3.1) = 78.6—
Factor quality: +2.1pt (multi-factor composite)—
Risk assessment: low. Annualized volatility 7.2%. Max drawdown 18% (-4.1 pts)Low
Market cap adjustment: +2.0 points ($20.4B market cap)+2.0 pts
Divergence penalty: -1.5pt (ML 21pt higher)—
Risk Factors
Earnings quality grade A: strong earnings quality and financial health. Score adjusted by -10 pointsGrade A
Quality concern: Extreme leverage: D/E ratio of 3.4x — balance sheet risk; R&D-adjusted ROIC: 48.2% (original: 74.7%). Software - Infrastructure has ~22% R&D intensity. Capitalizing R&D over 5 years increases invested capital by ~55%.Flag

Sector Peer Comparison(Technology — Rank #42 of 289 stocks)

StockScoreP/ERev GrowthMarginMkt Cap
NTAP66.317.84.9%18.0%$20.4B
MPWR84.891.721.2%81.0%$57.1B
ZM84.218.03.1%21.7%$27.7B
NVDA80.645.2114.2%55.8%$4.5T
CRUS79.719.16.0%17.5%$7.4B
ASML77.848.115.6%29.4%$546.0B
IDCC77.431.8-4.0%48.8%$9.7B
CSCO77.127.65.3%18.0%$303.6B
RMBS75.548.320.7%32.3%$11.0B
DBX75.313.91.9%17.7%$6.4B
FSLR75.017.326.7%30.7%$24.2B
SIMO74.79.210.2%13.8%$4.5B
ADI74.374.116.9%20.6%$165.1B
AAPL72.533.16.4%27.0%$3.9T
OLED72.527.012.4%34.3%$5.9B
AMAT72.336.44.4%24.7%$281.7B
Sector Average47.487.814.8%-110.0%—

Market Sentimentvia FMP

Analyst Consensus
Hold70 analysts
Buy: 27Hold: 34Sell: 9
Price Target
$121consensus
Low $89Median $124High $137
+18.3% to consensus target

Company Overviewvia FMP

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

CEO
George Kurian
Employees
11,800
Beta
1.39
Industry
Computer Hardware
FMP-Identified Peers

Technical Picturecomputed from daily prices

RSI (14)
52.5
Neutral
Trend
Bearish
10-day vs 50-day MA
From 52W High
-20.3%
High: $127.78
From 52W Low
+41.8%
Low: $71.84
Moving Averages
10-Day
$101.50
Above
20-Day
$100.80
Above
50-Day
$104.20
Below
200-Day
$109.00
Below
60-Day Support
$93.69
60-Day Resistance
$119.72
Weinstein Stage Analysisbased on 200-day SMA framework
Stage 4 — DecliningScore: 22/100

Stock is in a downtrend below the 200-day moving average. Price is below both the 50-day and 200-day SMAs, indicating sustained selling pressure.

Unfavorable technical position; wait for Stage 1 basing
Price vs 200 SMA
-6.5%
200 SMA Slope (60d)
+3.21%
Rising
Volume Ratio
1x
10d avg vs 50d avg
Days in Stage
27
Confidence: 40%

Financial Statementslast 4 quarters via FMP

MetricQ2 2025Q1 2025Q4 2025Q3 2025
Revenue$1.7B$1.6B$1.7B$1.6B
Gross Profit$1.2B$1.1B$1.2B$1.1B
Operating Income$399M$309M$348M$362M
Net Income$305M$233M$340M$299M
EPS (Diluted)$1.51$1.15$1.65$1.44
Gross Margin72.0%70.4%68.9%69.8%
Operating Margin23.4%19.8%20.1%22.1%
Net Margin17.9%14.9%19.6%18.2%

Why This Stock

TechnologyP/E ratio of 17.8Profit margin 18.0%Earnings quality grade A

Tradability FilterGrade A — 98/100Score impact: +2.4pt

Volume
100
2.3M avg/day
Dollar Vol
100
$227M/day
Float
100
197M shares
Mkt Cap
85
$20.4B
Range
99
78% spread
Composite Liquidity Score98/100
FDCBA

Multi-Year Range Analysis

Sideways: 0/100
YearLowHighRangeStatus
2021$58.83$94.6946.7%Wide
2022$58.08$96.8250%Wide
2023$59.73$91.7842.3%Wide
2024$83.62$135.4547.3%Wide
2025$71.84$127.7856%Wide
3-Year Range
77.6%
Narrow Years
0 / 5
Sideways Penalty
None

Growth Projection Adjustment

0.15x dampening
weinstein declining

Growth estimates have been dampened based on technical and fundamental signals. This is a post-hoc adjustment to prevent overly optimistic projections for stocks showing declining momentum or deteriorating fundamentals.

Free Float
98.6%
Outstanding Shares
200M
Bid-Ask Spread
78.0%
Institutional Tradable
Yes

Scores are generated by a multi-stage ML pipeline combining fundamental analysis, ensemble predictions, and structural risk signals. All data is for research purposes only and does not constitute financial advice. Past performance does not guarantee future results.