The latest trading day saw NetApp (NTAP) settling at $163.88, representing a +2.62% change from its previous close.
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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.
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NetApp (NTAP) closed at $168.86 in the latest trading session, marking a -1.67% move from the prior day.
The window to lock in three July dividend checks is closing fast. Two of these stocks, Science Applications International and NetApp, go ex-dividend tomorrow, meaning today is the last trading day to buy shares and still qualify for the upcoming payment.
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 offers a differentiated entry into AI infrastructure, avoiding the high multiples seen in chip stocks. NTAP has surged ~45% in 2026, driven by a sharp market shift toward storage and a tripling of its growth rates. I reiterate a buy rating, citing robust recurring business as enterprises build and deploy AI applications with NTAP solutions.
NetApp is rated a buy with an FY 2027 price target of $178, implying 14% upside driven by AI-focused data center tailwinds. NTAP posted robust Q4 results: 12% YoY revenue growth, 71.5% non-GAAP gross margin, and $1.87B in free cash flow, signaling strong fundamentals. Management guides for 8% FY 2027 revenue growth; further upside hinges on NTAP achieving market share gains over competitors like Dell and Everpure.
WDC's AI-driven HDD roadmap, rising cloud demand and strong estimate revisions highlight why it may offer more upside than NTAP.
NTAP's all-flash growth and AI-driven customer wins are accelerating as enterprises modernize infrastructure and expand data-intensive workloads.
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.