NetApp (NTAP) Stock Declines While Market Improves: Some Information for Investors

Company Performance - NetApp (NTAP) closed at $101.07, down 1.32% from the previous trading session, underperforming the S&P 500's gain of 0.1% [1] - Over the past month, NetApp shares have decreased by 1.37%, while the Computer and Technology sector and the S&P 500 have lost 4.05% and 1.43%, respectively [1] Upcoming Earnings Report - NetApp is scheduled to release its earnings on February 26, 2026, with an expected EPS of $2.07, reflecting an 8.38% growth year-over-year [2] - Revenue is anticipated to be $1.69 billion, indicating a 2.86% increase compared to the same quarter last year [2] Annual Estimates - For the annual period, Zacks Consensus Estimates project earnings of $7.9 per share and revenue of $6.75 billion, representing increases of 8.97% and 2.68%, respectively, from the previous year [3] Analyst Revisions - Recent modifications to analyst estimates for NetApp are crucial as they indicate evolving short-term business trends, with positive revisions suggesting analyst optimism [3][4] Zacks Rank - NetApp currently holds a Zacks Rank of 4 (Sell), with a recent 0.17% decline in the Zacks Consensus EPS estimate [5] - The Zacks Rank system has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5] Valuation Metrics - NetApp's Forward P/E ratio stands at 12.96, which is below the industry average of 18.39 [6] - The PEG ratio for NetApp is 1.81, aligning with the industry average for the Computer-Storage Devices sector [6] Industry Overview - The Computer-Storage Devices industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 43, placing it in the top 18% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]