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MARKET
NTAP
NTAP
Netapp Inc
NASDAQ
78.11
+0.02
+0.03%
Pre Market: 86.60 +8.49 +10.87% 08:46 11/29 EST
OPEN
77.87
PREV CLOSE
78.09
HIGH
78.69
LOW
77.56
VOLUME
46.46K
TURNOVER
0
52 WEEK HIGH
80.53
52 WEEK LOW
56.40
MARKET CAP
16.31B
P/E (TTM)
24.26
1D
5D
1M
3M
1Y
5Y
NetApp Stock Rises on Improved Guidance. It's Beating the S&P Even as Sales Decline.
Netapp now expects revenue for the 2024 fiscal year to decline by roughly 2% versus a year ago. Analysts say the company's efforts to boost sales this year are paying off. Netapp's stock gained 12% to trade at $87.17 on wednesday. The data storage company's stock is up 30% this year.
Barron‘s · 2h ago
Wedbush Maintains Neutral on NetApp, Raises Price Target to $85
Benzinga · 2h ago
Stifel Maintains Buy on NetApp, Raises Price Target to $90
Benzinga · 2h ago
12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Netapp stock increased by 11.9% to $87.39 during wednesday's pre-market session. Sobr safe stock moved upwards by 10.04%. Workday stock rose 9.71% after the company's q2 earnings report came out yesterday.
Benzinga · 2h ago
NetApp surges as 'slight' demand improvement, gross margins impress Wall Street
Netapp shares surged more than 11% in premarket trading after the data infrastructure company's quarterly results. Netapp reported a "slight" improvement in demand and rising gross margins. Jp morgan analysts raised their price target on netapp shares. Pure storage shares rose more than 3% after the results.
Seeking Alpha · 2h ago
Northland Capital Markets Downgrades NetApp to Market Perform, Announces $100 Price Target
Benzinga · 2h ago
These Analysts Increase Their Forecasts On NetApp After Strong Earnings
Netapp posted adjusted earnings of $1.58 per share in the second quarter, beating market estimates. Netapp also reported better-than-expected quarterly sales. The company issued strong fy24 eps guidance and raised its price targets on shares after the report. Netapp shares gained 11.4% to $87.01 in pre-market trading.
Benzinga · 2h ago
Micron To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Wednesday
Piper sandler increased workday's price target from $275 to $300. Raymond james slashed the price target for argenx se from $600 to $580. Keybanc increased the pricetarget for crowdstrike holdings, inc. Barclays boosted the price targets for micron technology and avalonbay communities.
Benzinga · 3h ago
About NTAP
NetApp, Inc. (NetApp) is a cloud-led, data-centric software company. The Company delivers a portfolio of cloud services, and storage infrastructure, powered by intelligent data management software. The Company operates through two segments: Hybrid Cloud and Public Cloud. Its Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their 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. It offers a portfolio of cloud-connected all-flash, hybrid-flash, and object storage systems. Its Public Cloud segment offers a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage and data services, and cloud operations services. The Company’s solutions and services are generally available on the public clouds, including Amazon AWS, Microsoft Azure and Google Cloud Platform.
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