Analyst Ratings

Date	Action	Analyst	Rating	Target
Jun-02-26	Reiterated	Goldman Sachs	Sell	$127 → $200
Jun-01-26	Reiterated	Argus Research	Buy	$140 → $200
May-29-26	Reiterated	UBS	Neutral	$113 → $160
May-29-26	Reiterated	Northland Securities	Outperform	$137 → $171
May-29-26	Reiterated	Wedbush	Neutral	$120 → $150
May-29-26	Reiterated	Barclays	Overweight	$134 → $199
May-14-26	Downgrade	BWG Global	Positive → Mixed
Apr-16-26	Downgrade	JP Morgan	Overweight → Neutral
Jan-20-26	Downgrade	Morgan Stanley	Equal Weight → Underweight	$117 → $89
Jan-13-26	Initiated	Goldman Sachs	Buy	$68 → $128

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2026 4/24/2026	FY 2025 4/30/2025	FY 2024 4/30/2024
Total Revenue	6,925	6,925	6,572	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	2,026	2,026	1,959
Gross Profit	4,899	4,899	4,613
Selling, General and Administrative Excl. Other	2,213	2,213	2,176
Research and Development	991	991	1,012
Other Operating Expense	24	24	88
Operating Income	1,670	1,695	1,337
Interest Expense	109	81	64
Unusual Expense	—	—	—
Non-Operating Income (Expense)	-87	-34	-110
Net Income Before Taxes	1,648	1,648	1,383
Income Taxes	372	372	197
Consolidated Net Income	1,276	1,276	1,186
Net Income From Continuing Operations	1,276	1,276	1,186
Net Income	1,276	1,276	1,186
EPS (Recurring)	6.43	6.43	5.81
EPS (Basic, Before Extraordinaries)	6.43	6.43	5.81
EPS (Diluted)	6.36	6.36	5.67
EBITDA	1,957	1,929	1,690
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	25.11	17.09	—
Price To Sales Ratio	4.54	3.09	—
Gross Margin	70.74	70.74	70.19
Operating Margin	24.12	24.48	20.34
Net Margin	18.43	18.43	18.05
Shares Outstanding	197	197	204
Market Capitalization	31,463	21,416	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
O'Callahan Elizabeth M	EVP, Chief Admin. Officer	Jun 10 '26	Sale	163.48	1,000	163,480	32,297	Jun 12 12:00 AM
HELD GERALD	Director	Jun 03 '26	Sale	180.00	7,132	1,283,760	13,775	Jun 05 12:00 AM
De Lorenzo Daniel	VP, Controller & CAO	May 18 '26	Sale	120.00	275	33,000	1,090	May 20 12:00 AM
De Lorenzo Daniel	VP, Controller & CAO	May 15 '26	Option Exercise	0.00	4,232	0	5,062	May 19 12:00 AM
CERNUDA CESAR	President	May 15 '26	Option Exercise	0.00	21,410	0	101,050	May 19 12:00 AM
O'Callahan Elizabeth M	EVP, Chief Admin. Officer	May 15 '26	Option Exercise	0.00	15,146	0	36,907	May 19 12:00 AM
JABRE WISSAM G	EVP, CFO	May 15 '26	Option Exercise	0.00	10,848	0	40,540	May 19 12:00 AM
Kurian George	CEO	May 15 '26	Option Exercise	0.00	36,978	0	364,115	May 19 12:00 AM
O'Callahan Elizabeth M	EVP, Chief Admin. Officer	May 11 '26	Sale	117.73	1,000	117,730	18,382	May 13 12:00 AM
JABRE WISSAM G	EVP, CFO	Apr 15 '26	Option Exercise	0.00	57,308	0	57,309	Apr 17 12:00 AM
O'Callahan Elizabeth M	EVP, Chief Admin. Officer	Apr 10 '26	Sale	96.25	1,000	96,250	19,382	Apr 14 12:00 AM
O'Callahan Elizabeth M	EVP, Chief Admin. Officer	Mar 10 '26	Sale	100.67	1,000	100,670	20,382	Mar 12 12:00 AM
De Lorenzo Daniel	VP, Controller & CAO	Feb 17 '26	Sale	101.84	252	25,664	0	Feb 19 12:00 AM
O'Callahan Elizabeth M	EVP, Chief Admin. Officer	Feb 15 '26	Option Exercise	0.00	5,500	0	22,825	Feb 18 12:00 AM
CERNUDA CESAR	President	Feb 15 '26	Option Exercise	0.00	9,838	0	59,642	Feb 18 12:00 AM


Market Cap	30.33B	Forward P/E	16.19	EPS next Y	9.86	Insider Trans	0.09%	Shs Float	-	Perf Month	32.44%


Enterprise Value	30.99B	PEG	2.24	EPS next Q	2.11	Inst Own	-	Short Float	-	Perf Quarter	54.92%


Income	1.27B	P/S	4.38	EPS this Y	39.77%	Inst Trans	-	Short Ratio	-	Perf Half Y	41.22%


Sales	6.92B	P/B	22.57	EPS next Y	10.95%	ROA	11.88%	Short Interest	-	Perf YTD	49.14%


Book/sh	6.90	P/C	14.75	EPS next 5Y	8.68%	ROE	114.18%	52W High	192.84 -17.18%	Perf Year	54.76%


Cash/sh	18.29	P/FCF	16.23	EPS past 3/5Y	-	ROIC	19.11%	52W Low	93.69 70.47%	Perf 3Y	-


Dividend Est.	2.08 (1.30%)	EV/EBITDA	15.84	Sales past 3/5Y	2.87% 3.81%	Gross Margin	70.74%	Volatility	3.00% 6.01%	Perf 5Y	-


Dividend TTM	2.08 (1.30%)	EV/Sales	4.48	EPS Y/Y TTM	40.39%	Oper. Margin	24.12%	ATR (14)	7.78	Perf 10Y	-


Dividend Ex-Date	Jul 10, 2026	Quick Ratio	1.39	Sales Y/Y TTM	5.37%	Profit Margin	18.43%	RSI (14)	58.74	Recom	2.80


Dividend Gr. 3/5Y	1.32% 1.61%	Current Ratio	1.44	EPS Q/Q	27.23%	SMA20	-0.17%	Beta	1.33	Target Price	167.00


Payout	32.37%	Debt/Eq	2.02	Sales Q/Q	12.47%	SMA50	22.62%	Rel Volume	2.36	Prev Close	154.81


Employees	11,800	LT Debt/Eq	1.99	Earnings	Aug 26	SMA200	39.13%	Avg Volume	3.12M	Price	159.71


IPO Date	Nov 21, 1995	Option/Short	Yes / Yes	EPS/Sales Surpr.	7.05% 4.12%	Net Debt/EBITDA	0.34	Volume	7,370,768	Change	3.17%

NTAP