NTAP
NetApp Inc
Price:  
114.04 
USD
Volume:  
1,548,513.00
United States | Technology Hardware, Storage & Peripherals
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NetApp Fair Value

-0.15 %
Upside

As of 2024-05-24, the Fair Value of NetApp Inc (NTAP) is 113.87 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 114.04 USD, the upside of NetApp Inc is -0.15%.

114.04 USD
Stock Price
113.87 USD
Fair Price
FAIR VALUE CALCULATION

NetApp Fair Value

Peter Lynch's formula is:

NetApp Fair Value
= Earnings Growth Rate x TTM EPS
NetApp Fair Value
= 25.00 x 4.55
NetApp Fair Value
= 113.87

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-04-26 2020-04-24 2021-04-30 2022-04-29 2023-04-28 5Y Avg
Net income 1,169.00 819.00 730.00 937.00 1,274.00 985.80
YoY growth 907.76% -29.94% -10.87% 28.36% 35.97% 186.25%

NetApp Fair Value - Key Data

Market Cap (mil) 23,535.58
P/E 25.04x
Forward P/E 23.92x
EPS 4.55
Avg earnings growth rate 186.25%
TTM earnings 940.00