NetApp is a global cloud-led, data-centric software company. Co. has two segments: Hybrid Cloud and Public Cloud. Hybrid Cloud provides a portfolio of storage management and infrastructure solutions that help customers recast their data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services. Public Cloud provides a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage and data services, and cloud operations services. We show 56 historical shares outstanding datapoints in our NTAP shares outstanding history coverage, used to compute NTAP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NetApp market cap history over the course of time is important for investors
interested in comparing NetApp's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of NetApp versus a peer is one thing; comparing
NetApp market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like NetApp can fluctuate over the course of history.
With this page we aim to empower investors researching NetApp by allowing them to research the NetApp market cap history. |
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Video: The Importance of Market Cap
