What Is NetApp, Inc. (NTAP) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, NetApp, Inc.'s intrinsic value is estimated at $137.57, suggesting the stock is overvalued at its current price of $163.93. With 10 out of 12 models flagging downside (-16.1% average return), the market may be pricing in unsustainable growth. Notably, Regime Cross sees the most upside at +218.7% (fair value: $522.46), while ML-RIV is the most conservative at -86.3% ($22.49). The spread between these extremes — +305.0% — reveals how different analytical frameworks can reach starkly different conclusions. Among models with highest confidence, Bayesian DCF, EPV, EROIC lean bearish — adding weight to the bearish side of the thesis.
What Do the Models Say About NTAP?
12 of 13 models are currently active for NTAP. Of these, 2 models suggest upside while 10 models suggest overvaluation. The Bayesian DCF estimates NTAP's intrinsic value at $117.64, implying -28.2% downside from the current price. See which stocks rank higher →
How Does NTAP Rank in Computer Storage Devices?
Among 6 Computer Storage Devices stocks, NTAP ranks #2 by Quality of Company score. CirclFi's QOC score of 9.6/10 evaluates 32 fundamental signals. A score of 9.6 places NTAP in the top tier.
NetApp, Inc. operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.
Is NTAP a Value Trap?
CirclFi's Value Trap algorithm assigns NTAP a score of 6/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
12 of 13 models are active for NetApp, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →
According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, NetApp, Inc. is rated at 9.6/10. This elite-tier score ranks among the highest-quality businesses in our coverage universe.
The gap between the most bullish and bearish model spans +305.0% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →
Data Sources & Confidence
Every NTAP valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →
Across NTAP's 12 active models, average confidence is 55%. Moderate confidence indicates reasonable fit.
CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →