NetApp (NTAP) concluded the recent trading session at $88, signifying a -0.51% move from its prior day's close.
NetApp (NTAP) closed the most recent trading day at $82.45, moving +0.94% from the previous trading session.
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.
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.
Let's find out which Infrastructure as a Service provider stock, SMCI or NTAP, is a better bet at present.
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 and Google Cloud's powerful new enhancements to Google Cloud NetApp Volumes accelerate innovation, boost performance and unlock the power of AI.
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.
NetApp (NTAP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
NetApp partners with NVIDIA to transform AI data infrastructure with the NVIDIA AI Data Platform.
Recently, Zacks.com users have been paying close attention to NetApp (NTAP). This makes it worthwhile to examine what the stock has in store.
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.