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Stock Comparison · Structural lead, mixed market

NetApp vs TE Connectivity: Which Stock Looks Stronger in 2026?

NetApp holds the cleaner structural position, with the lead spread across profitability and growth. TE Connectivity still has the edge on growth, which keeps the comparison from looking entirely one-sided. In the market, TE Connectivity carries the stronger setup — intact trend against NetApp's broken trend. That leaves a split case: the structural lead stays with NetApp, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The clearest separation starts in profitability, but valuation adds another real layer to the result. NetApp, Inc. leads by 28 points on the overall comparison score.

Trajectory Similarity
0.78
Similar
Peer-set rank: #3
within NetApp, Inc.'s functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

The pair sits on a clearly comparable long-term path, though it is not a near-twin match.

The strongest overlap appears in margin consistency and revenue growth trajectory.

Similarity drivers
margin consistencyrevenue growth trajectory
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
NTAP
NetApp, Inc.
71
Peer-Score
Signal qualityHigh
vs
TEL
TE Connectivity plc
43
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: NTAP vs TEL Profitability 84 11 Stability 71 49 Valuation 87 55 Growth 28 68 NTAP TEL
Gap Ranking
#1 Profitability +73
#2 Growth +40
#3 Valuation +32
#4 Stability +22
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for NTAP and TEL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer NTAPTEL Relative valuation Structural strength

NetApp, Inc. looks stronger on relative valuation, while the broader price setup remains mixed.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Profitability
NetApp, Inc. ranks near the top of the group on profitability; TE Connectivity plc sits in the weaker half.
Growth
On growth, the gap still runs the same way: TE Connectivity plc sits near the top of the group, while NetApp, Inc. remains in the weaker half.
Profitability — Dominant Gap
NTAP
84
TEL
11
Gap+73in favour of NTAP

Capital efficiency adds support, with a 131-point ROIC advantage.

What keeps the gap from being one-sided

Earnings growth also leans the other way, which keeps the score lead from reading as a full growth sweep.

What this means for the comparison

The profitability lead is decisive, but growth still runs counter to it — the result is clear, not entirely one-sided.

Explore full peer positioning in AssetNext

Break down the NTAP vs TEL comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how NTAP and TEL each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.