NTAP

Stock

NetApp, Inc.

Price

$100.53

as of Feb 23, 2026

All Time High: $131.39

🟡

Elevated

Current Drawdown

-23.5%

Days in Drawdown

565

Avg Max Drawdown

10.9%

Avg Length

156

Drawdown Severity Score™

3.7

NTAP - Price & High Water Mark

NTAP - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

NetApp, Inc. (NTAP) Analysis: Current Drawdown Insights

NetApp, Inc. is currently experiencing an unusual drawdown opportunity. As of 2026-02-23, the stock is trading at $100.53, which represents a 23.5% decline from its all-time high of $131.39. This drawdown has persisted for 565 days.

Based on comprehensive historical analysis spanning 14 years, NetApp, Inc. typically experiences drawdowns averaging 10.9% in depth, with an average duration of 156 days. NetApp, Inc. has gone through 66 total drawdown events in the last 14 years. The largest drawdown for NetApp, Inc. in the last 14 years was 96.2%. The longest drawdown duration in its history was 8613 days.

The Drawdown Severity Score™ for NetApp, Inc. currently stands at 3.68. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than historical averages—may present an entry point for opportunistic investors.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing NetApp, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 66 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2024-08-07Ongoing565 days-23.5%$131.39$100.53
2024-07-052024-07-084 days-0.5%$126.62$125.99$126.99
2024-07-022024-07-032 days-0.3%$126.60$126.25$126.62
2024-06-282024-07-014 days-0.2%$125.43$125.20$126.60
2024-06-202024-06-278 days-1.8%$125.12$122.85$125.43
2024-06-142024-06-185 days-1.0%$123.75$122.52$125.12
2024-06-062024-06-105 days-1.0%$118.85$117.60$119.48
2024-06-032024-06-053 days-1.2%$117.07$115.64$118.85
2024-05-292024-05-313 days-1.3%$114.71$113.25$117.07
2024-05-232024-05-242 days-0.1%$110.92$110.86$112.44
2000-10-232024-05-228613 days-96.2%$110.20$4.17$110.92
2000-09-252000-10-2026 days-22.8%$109.27$84.39$110.20
2000-09-212000-09-222 days-3.3%$104.64$101.21$109.27
2000-03-102000-09-18192 days-58.1%$89.11$37.35$92.96
2000-02-252000-03-0611 days-8.0%$74.15$68.21$78.62
2000-02-172000-02-237 days-4.7%$65.04$62.00$66.29
2000-02-142000-02-163 days-4.3%$57.44$54.98$65.04
2000-02-092000-02-102 days-2.5%$48.94$47.71$51.62
2000-02-072000-02-082 days-2.0%$47.43$46.48$48.94
2000-01-192000-02-0417 days-16.0%$43.79$36.77$47.43
2000-01-112000-01-144 days-6.9%$32.86$30.59$34.73
1999-12-232000-01-1019 days-17.9%$31.65$25.97$32.86
1999-12-151999-12-228 days-11.8%$30.40$26.82$31.65
1999-12-071999-12-104 days-3.1%$28.08$27.23$28.52
1999-11-301999-12-023 days-11.6%$24.69$21.82$25.12
1999-11-181999-11-269 days-6.6%$22.99$21.47$24.20
1999-11-101999-11-167 days-9.7%$18.44$16.66$19.17
1999-11-041999-11-052 days-0.3%$15.99$15.94$16.76
1999-10-061999-11-0228 days-18.3%$14.52$11.86$14.78
1999-09-211999-10-0515 days-8.6%$14.30$13.06$14.52
1999-09-161999-09-172 days-0.4%$13.40$13.35$13.89
1999-09-081999-09-147 days-4.7%$12.77$12.16$12.94
1999-08-311999-09-034 days-2.1%$12.22$11.97$12.70
1999-08-261999-08-272 days-0.2%$11.93$11.91$11.94
1999-04-141999-08-25134 days-37.6%$11.77$7.35$11.93
1999-04-061999-04-127 days-6.0%$10.89$10.24$10.92
1999-01-201999-04-0172 days-28.6%$10.29$7.35$10.47
1999-01-141999-01-152 days-4.8%$9.71$9.25$9.78
1999-01-121999-01-132 days-1.2%$9.45$9.34$9.71
1999-01-051999-01-062 days-0.3%$8.34$8.32$8.50
1998-12-281999-01-048 days-5.0%$8.32$7.90$8.34
1998-12-221998-12-243 days-3.2%$8.24$7.97$8.32
1998-12-081998-12-1710 days-11.5%$7.06$6.24$7.55
1998-12-011998-12-077 days-4.2%$6.96$6.67$7.06
1998-11-201998-11-278 days-2.4%$6.86$6.69$6.86
1998-11-111998-11-177 days-5.8%$6.25$5.89$6.51
1998-11-091998-11-102 days-0.5%$6.01$5.98$6.25
1998-09-291998-11-0538 days-42.5%$5.60$3.22$5.83
1998-09-241998-09-252 days-3.6%$5.42$5.22$5.42
1998-09-161998-09-227 days-6.9%$5.00$4.66$5.27
1998-07-201998-09-1154 days-21.6%$4.66$3.65$4.73

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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