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NetApp (NTAP) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

21 November 1995

Indexes:

Description:

NetApp, Inc. - a hybrid cloud data services and data management company. Founded in 1992, headquartered in California. It provides a full range of hybrid cloud data services that simplify application and data management in cloud and on-premises environments to accelerate digital transformation. The portfolio of products, solutions, and services is focused on meeting the key IT requirements of customers as they undergo digital transformations. NetApp's unique approach to data services enables organizations to innovate in the cloud, create clouds to accelerate new services, and modernize IT architecture with cloud flash memory.

Key Details

Price

$118.84

TTM Dividend Yield

1.72%(-23.56% YoY)

Annual Revenue

$6.27 B(-1.48% YoY)

Annual EPS

$4.63(-20.03% YoY)

PE Ratio

21.85(-20.75% YoY)

Beta

1.36

Events Calendar

Earnings

Next earnings date:

Feb 27, 2025

Recent quarterly earnings:

Nov 21, 2024

Recent annual earnings:

May 30, 2024
Dividend

Next ex-dividend date:

Jan 03, 2025

Recent ex-dividend date:

Oct 04, 2024
Splits

Next split:

N/A

Recent split:

Mar 23, 2000

Analyst ratings

Recent major analysts updates

17 Dec '24 Morgan Stanley
Equal-Weight
16 Dec '24 JP Morgan
Overweight
22 Nov '24 Wells Fargo
Equal-Weight
22 Nov '24 TD Cowen
Buy
22 Nov '24 Stifel
Buy
22 Nov '24 Northland Capital Markets
Market Perform
22 Nov '24 Morgan Stanley
Equal-Weight
22 Nov '24 Citigroup
Neutral
22 Nov '24 Barclays
Equal-Weight
22 Nov '24 B of A Securities
Underperform

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Institutional Ownership

NetApp (NTAP) Just Overtook the 20-Day Moving Average
NetApp (NTAP) Just Overtook the 20-Day Moving Average
NetApp (NTAP) Just Overtook the 20-Day Moving Average
NTAP
zacks.com17 December 2024

From a technical viewpoint, NetApp (NTAP) seems like a promising choice since it has just hit an important support level. NTAP has also surpassed the 20-day moving average, indicating a positive trend in the short term.

NetApp (NTAP) Crossed Above the 50-Day Moving Average: What That Means for Investors
NetApp (NTAP) Crossed Above the 50-Day Moving Average: What That Means for Investors
NetApp (NTAP) Crossed Above the 50-Day Moving Average: What That Means for Investors
NTAP
zacks.com17 December 2024

From a technical viewpoint, NetApp (NTAP) seems like a promising choice since it has just hit an important support level. NTAP has also surpassed the 50-day moving average, indicating a positive trend in the short term.

Tessell to Showcase RDS+++ Solution, Enhanced with New AWS FSx for NetApp ONTAP Integration, at re:Invent 2024
Tessell to Showcase RDS+++ Solution, Enhanced with New AWS FSx for NetApp ONTAP Integration, at re:Invent 2024
Tessell to Showcase RDS+++ Solution, Enhanced with New AWS FSx for NetApp ONTAP Integration, at re:Invent 2024
NTAP
globenewswire.com03 December 2024

Attendees at re:Invent can see live demonstrations of the improved solution, enjoy special offers and prizes, and meet Tessell's experts at Booth #1953.

NetApp & AWS Launch New Offering for Easy Hybrid Cloud Deployments
NetApp & AWS Launch New Offering for Easy Hybrid Cloud Deployments
NetApp & AWS Launch New Offering for Easy Hybrid Cloud Deployments
NTAP
zacks.com02 December 2024

NTAP has strengthened its partnership with AWS to enhance hybrid cloud setups by introducing NetApp enterprise storage arrays for AWS Outposts. This collaboration aims to improve storage solutions in hybrid environments.

NetApp Announces Integrated Solution with AWS Outposts for Hybrid Cloud Deployments
NetApp Announces Integrated Solution with AWS Outposts for Hybrid Cloud Deployments
NetApp Announces Integrated Solution with AWS Outposts for Hybrid Cloud Deployments
NTAP
businesswire.com01 December 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), a company specializing in intelligent data infrastructure, has introduced on-premises enterprise storage arrays for AWS Outposts. This new solution enables AWS Outposts customers to easily manage external block data volumes using NetApp storage arrays directly from the Amazon Web Services (AWS) Management Console. AWS Outposts offers a range of fully managed solutions.

NetApp: Underappreciated Long-Term AI Beneficiary
NetApp: Underappreciated Long-Term AI Beneficiary
NetApp: Underappreciated Long-Term AI Beneficiary
NTAP
seekingalpha.com29 November 2024

NetApp, Inc. exceeded earnings predictions for FYQ2 2025, with both EPS and revenue performing better than expected, thanks to significant growth in its Hybrid and Public Cloud areas. The company's emphasis on AI and cloud infrastructure is clear, as it has achieved over 100 wins in AI and data-lake modernization and strengthened partnerships with Google Cloud and AWS. While analysts have varied opinions, they have increased price targets, reflecting some concerns about the broader economy, but NTAP's strong performance and strategy indicate a "cautiously optimistic" outlook.

NetApp Analysts Raise Their Forecasts After Strong Earnings
NetApp Analysts Raise Their Forecasts After Strong Earnings
NetApp Analysts Raise Their Forecasts After Strong Earnings
NTAP
benzinga.com22 November 2024

On Thursday, NetApp, Inc. (NTAP) announced second-quarter results that exceeded expectations.

NetApp Stock Jumps After Earnings. It's ‘Firing On All Cylinders.
NetApp Stock Jumps After Earnings. It's ‘Firing On All Cylinders.
NetApp Stock Jumps After Earnings. It's ‘Firing On All Cylinders.
NTAP
barrons.com22 November 2024

The data-storage company reports a successful quarter and increases its financial forecasts.

NetApp, Inc. (NTAP) Q2 2025 Earnings Call Transcript
NetApp, Inc. (NTAP) Q2 2025 Earnings Call Transcript
NetApp, Inc. (NTAP) Q2 2025 Earnings Call Transcript
NTAP
seekingalpha.com21 November 2024

NetApp, Inc. (NASDAQ:NTAP) will hold its Q2 2025 Earnings Conference Call on November 21, 2024, at 5:30 PM ET. The call will feature company representatives including Kris Newton, George Kurian, and Mike Berry, along with various analysts from firms like Citigroup, Barclays, and JPMorgan. Participants will be in listen-only mode during the call.

Here's What Key Metrics Tell Us About NetApp (NTAP) Q2 Earnings
Here's What Key Metrics Tell Us About NetApp (NTAP) Q2 Earnings
Here's What Key Metrics Tell Us About NetApp (NTAP) Q2 Earnings
NTAP
zacks.com21 November 2024

The main figures for NetApp (NTAP) provide an overview of the company's performance for the quarter that ended in October 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.

FAQ

  • What is the primary business of NetApp?
  • What is the ticker symbol for NetApp?
  • Does NetApp pay dividends?
  • What sector is NetApp in?
  • What industry is NetApp in?
  • What country is NetApp based in?
  • When did NetApp go public?
  • Is NetApp in the S&P 500?
  • Is NetApp in the NASDAQ 100?
  • Is NetApp in the Dow Jones?
  • When was NetApp's last earnings report?
  • When does NetApp report earnings?
  • Should I buy NetApp stock now?

What is the primary business of NetApp?

NetApp, Inc. - a hybrid cloud data services and data management company. Founded in 1992, headquartered in California. It provides a full range of hybrid cloud data services that simplify application and data management in cloud and on-premises environments to accelerate digital transformation. The portfolio of products, solutions, and services is focused on meeting the key IT requirements of customers as they undergo digital transformations. NetApp's unique approach to data services enables organizations to innovate in the cloud, create clouds to accelerate new services, and modernize IT architecture with cloud flash memory.

What is the ticker symbol for NetApp?

The ticker symbol for NetApp is NASDAQ:NTAP

Does NetApp pay dividends?

Yes, NetApp pays dividends. The last payment was $0.52, with an ex-dividend date on 04 October 2024

What sector is NetApp in?

NetApp is in the Technology sector

What industry is NetApp in?

NetApp is in the Computer Hardware industry

What country is NetApp based in?

NetApp is headquartered in United States

When did NetApp go public?

NetApp's initial public offering (IPO) was on 21 November 1995

Is NetApp in the S&P 500?

Yes, NetApp is included in the S&P 500 index

Is NetApp in the NASDAQ 100?

No, NetApp is not included in the NASDAQ 100 index

Is NetApp in the Dow Jones?

No, NetApp is not included in the Dow Jones index

When was NetApp's last earnings report?

NetApp's most recent earnings report was on 21 November 2024

When does NetApp report earnings?

The next expected earnings date for NetApp is 27 February 2025

Should I buy NetApp stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions