NTAP Stock Down -6.3% after 8-Day Loss Streak
NetApp (NTAP) stock hit day 8 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -6.3% return. The company has lost about $1.5 Bil in value over the last 8 days, with its current market capitalization at about $24 Bil. The stock remains 3.2% above its value at the end of 2024. This compares with year-to-date returns of 13.7% for the S&P 500.
NTAP provides software, systems, and cloud services for data management and sharing across on-premises, private, and public clouds, including cloud storage, control solutions, and storage-as-a-service. Is this drop a warning sign or a setup for rebound? Deep dive with Buy or Sell NTAP.
Comparing NTAP Stock Returns With The S&P 500
The following table summarizes the return for NTAP stock vs. the S&P 500 index over different periods, including the current streak:
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| Return Period | NTAP | S&P 500 |
|---|---|---|
| 1D | -0.1% | 0.4% |
| 8D (Current Streak) | -6.3% | 0.9% |
| 1M (21D) | 5.0% | 3.5% |
| 3M (63D) | 11.0% | 7.9% |
| YTD 2025 | 3.2% | 13.7% |
| 2024 | 34.2% | 23.3% |
| 2023 | 51.1% | 24.2% |
| 2022 | -32.9% | -19.4% |
What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact. Take a look at what history tells you about whether past dips like this have been buying opportunities or traps: NTAP Dip Buyer Analysis.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 158 S&P constituents with 3 days or more of consecutive gains and 9 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 128 | 2 |
| 4D | 19 | 3 |
| 5D | 4 | 0 |
| 6D | 5 | 2 |
| 7D or more | 2 | 2 |
| Total >=3 D | 158 | 9 |
Key Financials for NetApp (NTAP)
Last 2 Fiscal Years:
| Metric | FY2024 | FY2025 |
|---|---|---|
| Revenues | $6.3 Bil | $6.6 Bil |
| Operating Income | $1.3 Bil | $1.4 Bil |
| Net Income | $986.0 Mil | $1.2 Bil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ4 | 2026 FQ1 |
|---|---|---|
| Revenues | $1.7 Bil | $1.6 Bil |
| Operating Income | $394.0 Mil | $311.0 Mil |
| Net Income | $340.0 Mil | $233.0 Mil |
The losing streak NTAP stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.