NTAP's Q2 performance is likely to have benefited from momentum in all-flash products and hyperscaler and first-party marketplace services.
NetApp (NTAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.
NTAP extends collaboration with Red Hat to fuel the development and management of enterprise applications in virtual environments.
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Recently, Zacks.com users have been paying close attention to NetApp (NTAP). This makes it worthwhile to examine what the stock has in store.
NetApp (NTAP) closed the most recent trading day at $121.24, moving +0.69% from the previous trading session.
I believe NetApp's valuation at 17x forward non-GAAP EPS is attractive for a tech company with its growth potential. I'm impressed by the company's focus on AI workloads, cloud integration, and flash storage, which are key growth drivers. NetApp's ability to outpace the S&P500 since my initial bullish call further supports my confidence in its future performance.
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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 PSTG amid macroeconomic headwinds.
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.
NTAP enhances its cybersecurity portfolio with advanced Autonomous Ransomware Protection and AI-driven solutions.