NetApp: Rising Billings Against A Low P/E (NASDAQ:NTAP)

NetApp (NTAP) is presented as a compelling “Buy” due to its valuation discount despite improving operational performance and strong AI-driven demand. The company saw accelerated billings growth of 10% in Q3, along with strong gross and operating margins, leading to double-digit EPS growth. With FY26 EPS guidance of $7.92–$8.02 and P/E multiples around 12x, NTAP is seen as a rare value opportunity in the tech sector.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments