How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in NetApp (NTAP) ten years ago? It may not have been easy to hold on to NTAP for all that time, but if you did, how much would your investment be worth today?
NetApp's Business In-Depth
With that in mind, let's take a look at NetApp's main business drivers.
NetApp provides enterprise storage as well as data management software and hardware products and services. The San Jose, CA-based company assists enterprises in managing multiple clouds environments, adopting next-generation technologies like artificial intelligence (AI), Kubernetes, and contemporary databases, and navigating the complexity brought about by the quick development of data and cloud usage.
NetApp reported revenues of $6.57 billion, up 5% in fiscal 2025. The company derived 90% of revenues from the Hybrid Cloud segment and the remaining from the Public Cloud Segment.
Hybrid Cloud offers a portfolio of storage management and infrastructure solutions that assist customers to transforming their traditional data centers into modern data centers with the help of cloud. Under this segment, the company offers intelligent data management software which includes NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, and NetApp Astra, etc.
Customers using NetApp Fabric Attached Storage (FAS) Arrays benefit from a combination of capacity and performance when using either hybrid-flash or disc drive configurations. FAS systems are ideal for secondary storage targets for disaster recovery, backup, and tiering. The Hybrid Cloud also offers storage solution which includes NetApp All-Flash FAS (AFF A-Series), NetApp QLC-Flash FAS (AFF C-Series) and NetApp StorageGRID etc.
Public Cloud offers a portfolio of products delivered primarily as-a-service, along with associated support. This portfolio includes cloud storage and data services and cloud operations services.
The company’s cloud operations services included NetApp Cloud Insights, Spot by NetApp and Instaclustr platform. Its divested Spot by NetApp business in January 2025. Apart from these, NetApp also offers support, consulting and training services. The company markets and distributes products worldwide through a direct sales force, and an ecosystem of partners, including the leading cloud providers.
On a geographical basis, NetApp generated 51% of revenues in fiscal 2025 from the Americas (the United States, Canada and Latin America), 34% from Europe, the Middle East and Africa (EMEA), and the remaining 15% from Asia Pacific (APAC).
NetApp faces stiff competition from companies like HP, Dell, and IBM.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in NetApp ten years ago, you're probably feeling pretty good about your investment today.
A $1000 investment made in August 2015 would be worth $3,572.83, or a gain of 257.28%, as of August 14, 2025, according to our calculations. This return excludes dividends but includes price appreciation.
Compare this to the S&P 500's rally of 210.39% and gold's return of 189.39% over the same time frame.
Going forward, analysts are expecting more upside for NTAP.
Increasing momentum across the all-flash portfolio, especially strength in Keystone adoption and growth in first-party and marketplace cloud storage services, is cushioning NetApp's performance. Demand for AI solutions remains strong, with five-fold year-over-year growth for AI business reported in the fourth quarter. Deepening ties with hyperscalers act as a tailwind. For fiscal 2026, management's global macroeconomic outlook remains cautious, reflecting a slowdown in growth, lingering inflation concerns and a significantly higher uncertainty. It expects increases in spending caution and ongoing friction in the U.S. Public Sector and the EMEA. Fiscal 2026 revenues are forecast to be in the range of $6.625-$6.875 billion, up 3% year over year at the mid-point. Our estimate is $6.717 billion, implying a rise of 2.2% year over year.
The stock has jumped 5.03% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 2 higher, for fiscal 2025; the consensus estimate has moved up as well.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NetApp, Inc. (NTAP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
