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NetAppFRA:NTA -2.19%96 3-1 Month Momentum % is 24.40% as of Sep. 11, 2026. GuruFocus rates FRA:NTA with a GF Score™ of 96/100 and a GF Value™ of €114.66 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,820 Software companies, NetApp ranks better than 86.7% on this metric.
3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-09-11), NetApp's 3-1 Month Momentum % is 24.40%.
The industry rank for NetApp's 3-1 Month Momentum % or its related term are showing as below:
FRA:NTA's 3-1 Month Momentum % is ranked better than 86.7% of 2820
companies
in the Software industry
Industry Median: 0.415
vs FRA:NTA: 24.40
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
NetApp 3-1 Month Momentum % Related Terms
FRA:NTA vs TWLO, MDB, ZS: 3-1 Month Momentum % Comparison
For the Software - Infrastructure subindustry, NetApp's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % 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 3-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, NetApp's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where NetApp's 3-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NetApp (FRA:NTA) has a 3-1 Month Momentum % of 24.40% as of Sep. 11, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on NetApp and its competitors. According to the industry distribution chart, NetApp ranks #375 out of 2820 companies in the Software industry, placing it in the top 13.3%.
Is NetApp's 3-1 Month Momentum % too high?
NetApp's current 3-1 Month Momentum % is 24.40%. The Software industry median 3-1 Month Momentum % is 0.42. NetApp's value of 24.40% is 5779.5% above this industry median. Based on the distribution chart, NetApp ranks #375 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NetApp has a GF Score™ of 96/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetApp's 3-1 Month Momentum % compare to TWLO and MDB?
According to the Software industry distribution chart, NetApp ranks #375 out of 2820 companies for 3-1 Month Momentum %. This places NetApp in the top 13% of its industry — outperforming the majority of peers. The industry median 3-1 Month Momentum % is 0.42. NetApp's value of 24.40% is 5779.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Software company?
The median 3-1 Month Momentum % among Software companies is 0.42, based on 2,820 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetApp's current 3-1 Month Momentum % of 24.40% is 5779.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on NetApp and its competitors. For the Software industry, the median 3-1 Month Momentum % is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetApp's current 3-1 Month Momentum % is 24.40%. 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 €114.66, compared to a current price of €156.92 — trading 36.9% above its estimated fair value. The current 3-1 Month Momentum % is 24.40% and 5779.5% above the Software industry median of 0.42. NetApp's overall GF Score™ is 96/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For NetApp (FRA:NTA), the current 3-1 Month Momentum % is 24.40% as of Sep. 11, 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 €156.92 is trading 36.9% above its estimated GF Value™ of €114.66.
GuruFocus considers NetApp to be Significantly Overvalued.
Key valuation signals for FRA:NTA:
3-1 Month Momentum %: 24.40%
GF Value™: €114.66 vs. price of €156.92 (36.9% above fair value)
Industry Position: 5779.5% above the Software median (#375 of 2820)
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 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.
96GF Score
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