88.17 USD
+3.29
3.88%
At close Apr 24, 4:00 PM EDT
After hours
88.17
+0.00
0.00%
1 day
3.88%
5 days
6.61%
1 month
-7.31%
3 months
-30.02%
6 months
-26.43%
Year to date
-23.94%
1 year
-11.88%
5 years
104.76%
10 years
144.10%
 

About: NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

Employees: 11,800

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

76% more first-time investments, than exits

New positions opened: 125 | Existing positions closed: 71

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: 341 | Existing positions reduced: 288

4% more funds holding

Funds holding: 823 [Q3] → 860 (+37) [Q4]

3.65% more ownership

Funds ownership: 90.16% [Q3] → 93.81% (+3.65%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]

3% less capital invested

Capital invested by funds: $22.8B [Q3] → $22.1B (-$651M) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$90
2%
upside
Avg. target
$117
33%
upside
High target
$130
47%
upside

7 analyst ratings

positive
29%
neutral
71%
negative
0%
JP Morgan
Samik Chatterjee
28% 1-year accuracy
21 / 75 met price target
28%upside
$113
Overweight
Maintained
17 Apr 2025
Citigroup
Asiya Merchant
13% 1-year accuracy
5 / 40 met price target
2%upside
$90
Neutral
Maintained
14 Apr 2025
Loop Capital
Ananda Baruah
14% 1-year accuracy
5 / 37 met price target
47%upside
$130
Buy
Maintained
4 Mar 2025
Barclays
Tim Long
57% 1-year accuracy
32 / 56 met price target
30%upside
$115
Equal-Weight
Maintained
28 Feb 2025
Wells Fargo
Aaron Rakers
18% 1-year accuracy
6 / 34 met price target
30%upside
$115
Equal-Weight
Maintained
28 Feb 2025

Financial journalist opinion

Based on 12 articles about NTAP published over the past 30 days

Neutral
Zacks Investment Research
1 day ago
NetApp (NTAP) Increases Yet Falls Behind Market: What Investors Need to Know
NetApp (NTAP) closed the most recent trading day at $82.45, moving +0.94% from the previous trading session.
NetApp (NTAP) Increases Yet Falls Behind Market: What Investors Need to Know
Positive
Zacks Investment Research
1 week ago
NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It
NetApp (NTAP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It
Neutral
Business Wire
1 week ago
NFL Names NetApp the Official Intelligent Data Infrastructure Partner
NEW YORK & SAN JOSE, Calif.--(BUSINESS WIRE)--The National Football League today named NetApp® (NASDAQ: NTAP) the Official Intelligent Data Infrastructure partner. NetApp will work with the league to develop cutting-edge, silo-free storage technology, allowing the NFL to manage the data to drive innovation. “The global partnership between the NFL and NetApp represents a shared commitment to leveraging intelligent data to drive transformative solutions for the league,” said Renie Anderson, execu.
NFL Names NetApp the Official Intelligent Data Infrastructure Partner
Positive
Seeking Alpha
1 week ago
NetApp: Disappointing Guidance Paved The Way For An Attractive Price In This Strong Company
Disappointing guidance for Q4 2025 paved the way for a more attractive price, which, I believe, is reasonable for this strong enterprise storage company. Despite the industry's fragmented structure, the stability of market share and high returns on capital indicate its participants' cooperation and the industry's competitive advantage. While the enterprise storage industry will benefit from the increasing adoption of AI among enterprises, it will take time, as there are still hurdles to overcome.
NetApp: Disappointing Guidance Paved The Way For An Attractive Price In This Strong Company
Neutral
Zacks Investment Research
1 week ago
Super Micro Computer vs. NetApp: Which IaaS Stock is a Better Buy?
Let's find out which Infrastructure as a Service provider stock, SMCI or NTAP, is a better bet at present.
Super Micro Computer vs. NetApp: Which IaaS Stock is a Better Buy?
Positive
Zacks Investment Research
2 weeks ago
NetApp (NTAP) Soars 13.1%: Is Further Upside Left in the Stock?
NetApp (NTAP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
NetApp (NTAP) Soars 13.1%: Is Further Upside Left in the Stock?
Positive
Zacks Investment Research
2 weeks ago
NTAP Stock Soars 13% on GOOGL Alliance for AI & Enterprise Workloads
NetApp and Google Cloud's powerful new enhancements to Google Cloud NetApp Volumes accelerate innovation, boost performance and unlock the power of AI.
NTAP Stock Soars 13% on GOOGL Alliance for AI & Enterprise Workloads
Positive
Zacks Investment Research
2 weeks ago
3 Storage Devices Stocks to Keep an Eye on in a Thriving Industry
Amid a volatile macro backdrop, momentum in cloud computing, IoT, auto and AI is likely to favor the prospects of Zacks Computer - Storage Devices industry players like SMCI, NTAP, and QMCO.
3 Storage Devices Stocks to Keep an Eye on in a Thriving Industry
Neutral
Business Wire
2 weeks ago
NetApp Partners With Google Cloud to Simplify Scaling High-Performance Workloads in the Cloud
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, and Google Cloud today announced new capabilities for Google Cloud NetApp Volumes, a fully managed file storage service, that reduce complexity and increase performance for cloud storage workloads, while fully integrating into the Google Cloud service ecosystem. Customers will be able to effortlessly scale high-performance enterprise apps and databases, including workloads with petabyte-scale.
NetApp Partners With Google Cloud to Simplify Scaling High-Performance Workloads in the Cloud
Neutral
Business Wire
2 weeks ago
NetApp Wins 2025 Google Cloud Infrastructure Modernization Partner of the Year for Storage
SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that it has received the 2025 Google Cloud Infrastructure Modernization Partner of the Year for Storage award. NetApp is being recognized for its achievements in the Google Cloud ecosystem, helping joint customers accelerate cloud workloads with intelligent data infrastructure and bring AI to their data with NetApp and Google Cloud. "Google Cloud's Partner Awards recognize par.
NetApp Wins 2025 Google Cloud Infrastructure Modernization Partner of the Year for Storage
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