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Here's Why NetApp (NTAP) is a Strong Value Stock
ZACKS· 2026-02-06 15:40
Company Overview - NetApp provides enterprise storage and data management software and hardware products and services, assisting enterprises in managing multi-cloud environments and adopting next-generation technologies like artificial intelligence (AI) and Kubernetes [12]. Investment Ratings - NetApp is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B, indicating a solid position but not a strong buy [13]. - The company has a Value Style Score of B, supported by attractive valuation metrics such as a forward P/E ratio of 12.64, which may appeal to value investors [13]. Earnings Estimates - One analyst has revised their earnings estimate higher for fiscal 2026, with the Zacks Consensus Estimate increasing by $0.02 to $7.88 per share [13]. - NetApp has demonstrated an average earnings surprise of +2.7%, indicating a potential for positive performance relative to expectations [13]. Investment Considerations - With a solid Zacks Rank and top-tier Value and VGM Style Scores, NetApp is suggested to be on investors' short lists for potential investment opportunities [14].