NetAppNTAP
NTAP
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
71% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 72
31% more call options, than puts
Call options by funds: $292M | Put options by funds: $224M
18% more repeat investments, than reductions
Existing positions increased: 340 | Existing positions reduced: 288
4% more funds holding
Funds holding: 823 [Q3] → 857 (+34) [Q4]
2.99% more ownership
Funds ownership: 90.94% [Q3] → 93.93% (+2.99%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
4% less capital invested
Capital invested by funds: $23B [Q3] → $22.2B (-$838M) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$110
24%
upside
Avg. target
$126
42%
upside
High target
$153
73%
upside
7 analyst ratings
2 positive
29%
5 neutral
71%
0 negative
0%
Loop Capital Ananda Baruah 16% 1-year accuracy 6 / 37 met price target | 47%upside $130 | Buy Maintained | 4 Mar 2025 |
Citigroup Asiya Merchant 12% 1-year accuracy 4 / 34 met price target | 24%upside $110 | Neutral Maintained | 3 Mar 2025 |
Barclays Tim Long 55% 1-year accuracy 31 / 56 met price target | 30%upside $115 | Equal-Weight Maintained | 28 Feb 2025 |
Wells Fargo Aaron Rakers 29% 1-year accuracy 10 / 34 met price target | 30%upside $115 | Equal-Weight Maintained | 28 Feb 2025 |
JP Morgan Samik Chatterjee 48% 1-year accuracy 30 / 63 met price target | 73%upside $153 | Overweight Maintained | 28 Feb 2025 |
Financial journalist opinion
Based on 10 articles about NTAP published over the past 30 days
Neutral
Business Wire
5 days ago
NetApp Appoints Frank Pelzer to the Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that Frank Pelzer, Chief Operating Officer at Spotnana, has joined its Board of Directors. This brings the number of directors on the NetApp Board of Directors to ten, nine of whom are independent and 40% of whom have been appointed within the last five years. “I am delighted to welcome Frank to our Board,” said George Kurian, Chief Executive Officer at NetApp. “Frank's impres.
Neutral
Zacks Investment Research
1 week ago
NTAP & NVDA Power Agentic AI With Intelligent Data Infrastructure
NetApp partners with NVIDIA to transform AI data infrastructure with the NVIDIA AI Data Platform.
Positive
Zacks Investment Research
1 week ago
Here is What to Know Beyond Why NetApp, Inc. (NTAP) is a Trending Stock
Recently, Zacks.com users have been paying close attention to NetApp (NTAP). This makes it worthwhile to examine what the stock has in store.
Negative
Seeking Alpha
1 week ago
NetApp: Tremendous Value To Be Unlocked
Shares of NetApp have dropped sharply this year, accentuated by the company's growth slowdown and recent guidance cut. Management notes, however, that deals have been delayed rather than lost, with a number of challenging deals closing in the current quarter. While acknowledging sales slowdown risks, these risks are also priced in to NTAP's very appealing ~13x forward P/E ratio.
Neutral
Business Wire
1 week ago
NetApp Fuels Future of Agentic AI Reasoning Solutions with NVIDIA AI Data Platform
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced it is advancing the state of the art in agentic AI with intelligent data infrastructure that taps the NVIDIA AI Data Platform reference design. By collaborating with NVIDIA, NetApp is enabling businesses to better leverage their data to fuel AI reasoning inference. In the era of intelligence, businesses need to rethink their data strategies to turn rapidly growing data estates.
Neutral
Business Wire
1 week ago
NetApp Storage Now Validated for NVIDIA DGX SuperPOD, NVIDIA Cloud Partners, and NVIDIA-Certified Systems
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that NVIDIA has validated high-performance NetApp enterprise storage systems with NetApp ONTAP® for environments powering AI training and inferencing. For the first time, with NetApp, customers can now get the benefits of validated configurations and architectures for NVIDIA—including NVIDIA DGX SuperPOD, NVIDIA Cloud Partners, and NVIDIA-Certified Storage—combined with the ri.
Neutral
Business Wire
2 weeks ago
NetApp Prices $1.25 Billion of Senior Notes
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the pricing of $625 million in aggregate principal amount of its 5.50% Senior Notes due 2032 that will bear interest at 5.50% per annum and $625 million in aggregate principal amount of its 5.70% Senior Notes due 2035 that will bear interest at 5.70% per annum. The offering is expected to close, subject to the satisfaction of customary closing conditions, on March 17, 2025. Ne.
Positive
Zacks Investment Research
3 weeks ago
Is Trending Stock NetApp, Inc. (NTAP) a Buy Now?
Recently, Zacks.com users have been paying close attention to NetApp (NTAP). This makes it worthwhile to examine what the stock has in store.
Neutral
Business Wire
4 weeks ago
NetApp Is Recognized as a 2025 Gartner® Peer Insights™ Customers' Choice for Primary Storage Platforms
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced it was named a Customers' Choice in the 2025 Gartner Peer Insights ‘Voice of the Customer' for Primary Storage Platforms. The 2025 Gartner Peer Insights ‘Voice of the Customer' for Primary Storage Platforms aggregated reviews from 126 verified end users of NetApp, and 98 percent of them conclude that they would recommend NetApp as of December 31, 2024. Gartner defines primary.
Neutral
GlobeNewsWire
4 weeks ago
Flexera Completes Acquisition of NetApp's Spot FinOps Portfolio
ITASCA, Ill. and SAN JOSE, Calif.
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