NetApp, Inc., a prominent U.S.-based information technology company, specializes in providing storage and data management solutions. The company’s offerings encompass specialized hardware, software, and services tailored for open network environments, serving enterprises, government agencies, and universities worldwide. NetApp, Inc. is publicly traded on the Nasdaq stock exchange under the ticker symbol NTAP.
As of the latest update on January 18, 2026, NetApp has reported no new developments. The company’s stock has been the subject of recent analysis, particularly concerning the balance between artificial intelligence enthusiasm and valuation discipline. On January 15, 2026, the share price closed at $103.84. This price is notably above the 52-week low of $71.84, recorded on April 6, 2025, and below the 52-week high of $127.78, achieved on February 25, 2025.
NetApp’s market capitalization stands at $20.57 billion USD, reflecting its significant presence in the technology hardware, storage, and peripherals sector. The company’s valuation metrics include a price-to-earnings (P/E) ratio of 18.03 and a price-to-book (P/B) ratio of 21.17. These figures indicate that NetApp’s shares are trading at a premium relative to both earnings and book value, suggesting that the stock’s valuation multiples are above typical market averages.
The company’s financial performance and market position are critical for investors and stakeholders, especially in the context of the broader technology sector’s dynamics. NetApp’s focus on innovative storage and data management solutions continues to be a cornerstone of its business strategy, catering to a diverse range of clients across various sectors.
For further information on NetApp’s products and services, interested parties can visit their official website at www.netapp.com . The company’s initial public offering (IPO) took place on November 21, 1995, marking the beginning of its journey as a publicly traded entity.
