NetAppNTAP
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
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
59% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 71
31% more call options, than puts
Call options by funds: $291M | Put options by funds: $223M
19% more repeat investments, than reductions
Existing positions increased: 335 | Existing positions reduced: 281
2.3% more ownership
Funds ownership: 91.19% [Q3] → 93.49% (+2.3%) [Q4]
1% more funds holding
Funds holding: 823 [Q3] → 834 (+11) [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: $23.1B [Q3] → $22.1B (-$1B) [Q4]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Wells Fargo Aaron Rakers 68% 1-year accuracy 23 / 34 met price target | 4%upside $130 | Equal-Weight Maintained | 20 Feb 2025 |
B of A Securities Wamsi Mohan 82% 1-year accuracy 70 / 85 met price target | 3%upside $128 | Neutral Upgraded | 19 Feb 2025 |
Susquehanna Mehdi Hosseini 68% 1-year accuracy 27 / 40 met price target | 4%upside $130 | Neutral Downgraded | 10 Feb 2025 |
Morgan Stanley Meta Marshall 70% 1-year accuracy 19 / 27 met price target | 17%upside $146 | Equal-Weight Maintained | 17 Dec 2024 |
JP Morgan Samik Chatterjee 62% 1-year accuracy 41 / 66 met price target | 29%upside $160 | Overweight Upgraded | 16 Dec 2024 |
Financial journalist opinion
Based on 15 articles about NTAP published over the past 30 days
