NetApp (FRA:NTA) Moat Score: 6/10 (As of Jul. 09, 2026)


FRA:NTA NetApp Inc FRA:NTA
91 GF Score
Price €142.78
GF Value €103.14
Valuation Significantly Overvalued
! 7 Warning Signs
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What is NetApp Moat Score?

NetApp FRA:NTA +1.67% 91 Moat Score is 6 as of Jul. 09, 2026. GuruFocus rates FRA:NTA with a GF Score™ of 91/100 and a GF Value™ of €103.14 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,836 Software companies, NetApp ranks better than 97.88% on this metric.

NetApp has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

NetApp has Narrow Moat: NetApp Inc has a strong narrow moat due to its established position in data management and storage solutions. The company benefits from customer switching costs, proprietary technology, and consistent innovation, but faces competition.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes NetApp might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

NetApp  (FRA:NTA) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

NetApp Moat Score Related Terms

FRA:NTA vs TWLO, MDB, VRSN: Moat Score Comparison

For the Software - Infrastructure subindustry, NetApp's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NetApp Moat Score vs Software Industry

For the Software industry and Technology sector, NetApp's Moat Score distribution charts can be found below:

* The bar in red indicates where NetApp's Moat Score falls into.


FRA:NTA
91GF Score
NetApp Inc FRA:NTA
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
NetApp (FRA:NTA) has a Moat Score of 6 as of Jul. 09, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, NetApp ranks #60 out of 2836 companies in the Software industry, placing it in the top 2.1%.
Is NetApp's Moat Score too high?
NetApp's current Moat Score is 6. Based on the distribution chart, NetApp ranks #60 out of 2836 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NetApp has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's Moat Score compare to TWLO and MDB?
According to the Software industry distribution chart, NetApp ranks #60 out of 2836 companies for Moat Score. This places NetApp in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Software company?
A good Moat Score depends on the Software industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. NetApp's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetApp stock overvalued right now?
Based on GuruFocus' analysis, NetApp (FRA:NTA) is currently considered Significantly Overvalued. The stock's GF Value™ is €103.14, compared to a current price of €142.78 — trading 38.4% above its estimated fair value. The current Moat Score is 6. NetApp's overall GF Score™ is 91/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For NetApp (FRA:NTA), the current Moat Score is 6 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NetApp (FRA:NTA) Overvalued in 2026?

Based on GuruFocus' analysis, NetApp stock appears to be overvalued. The current stock price of €142.78 is trading 38.4% above its estimated GF Value™ of €103.14. GuruFocus considers NetApp to be Significantly Overvalued.

Key valuation signals for FRA:NTA:

  • Moat Score: 6
  • GF Value™: €103.14 vs. price of €142.78 (38.4% above fair value)
  • GF Score™: 91/100 with 7 warning signs

No single metric tells the full story. See the FRA:NTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NetApp Business Description

Address 3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is storage hardware provider into a software-driven, cloud-centric data infrastructure company. Its flagship ONTAP data management software, together with a comprehensive portfolio of all-flash, hybrid-flash, and cloud-native solutions, forms the backbone of digital transformation for thousands of enterprises world'wide. Its operations are organized into two segments Hybrid Cloud and Public Cloud. It generates majority of revenue from Hybrid Cloud offers a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. It generates majority of revenue from United States followed by International market.
91GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€142.78
Price
€103.14
GF Value