NetApp & AWS Launch New Offering for Easy Hybrid Cloud Deployments
To transform hybrid cloud deployments, NTAP's expanded partnership with AWS unveils the NetApp enterprise storage arrays for AWS Outposts.
NetApp: Underappreciated Long-Term AI Beneficiary
NetApp, Inc. beats earnings estimates, with FYQ2 2025 EPS and revenue surpassing expectations, driven by strong growth in its Hybrid and Public Cloud segments. NetApp's focus on AI and cloud infrastructure is evident, securing over 100 AI and data-lake modernization wins and expanding partnerships with Google Cloud and AWS. Analysts have mixed ratings but raised price targets, citing macro concerns. NTAP's solid execution and strategic positioning suggest a “cautiously optimistic” stance.
Here is What to Know Beyond Why NetApp, Inc. (NTAP) is a Trending Stock
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.
NetApp: ARR Growth And Margin Expansion Should Drive Further Upside
NetApp is a strong tech stock with solid earnings and a reasonable ~17x P/E, despite a challenging macro climate and a high S&P 500. The company delivered a beat-and-raise in Q2, lifting its full-year EPS guidance to $7.20-$7.40 (with the previous high end of its range now the new low end). The stock trades considerably cheaper than direct rivals like Pure Storage and Nutanix on both a P/E and revenue basis.
NetApp Analysts Raise Their Forecasts After Strong Earnings
NetApp, Inc. NTAP reported better-than-expected second-quarter results on Thursday.
2 Fintech Stocks Gapping Lower After Earnings
Fintech names NetApp Inc (NASDAQ:NTAP) and Intuit Inc (NASDAQ:INTU) are gapping lower after their respective quarterly earnings reports.
NetApp's Q2 Earnings Top Estimates, Stock Up on Raised Guidance
NTAP's fiscal second-quarter performance gains from momentum in all-flash, first-party and marketplace cloud storage services. NTAP raises the revenue outlook for fiscal 2025.
NetApp Stock Jumps After Earnings. It's ‘Firing On All Cylinders.
The data-storage company posts a strong quarter and raises financial guidance.
NetApp, Inc. (NTAP) Q2 2025 Earnings Call Transcript
NetApp, Inc. (NASDAQ:NTAP ) Q2 2025 Earnings Conference Call November 21, 2024 5:30 PM ET Company Participants Kris Newton - VP, IR George Kurian - CEO Mike Berry - CFO Conference Call Participants Asiya Merchant - Citigroup Amit Daryanani - Evercore Tim Long - Barclays Jason Ader - William Blair Simon Leopold - Raymond James Joe Cardoso - JPMorgan Param Singh - Oppenheimer Ruplu Bhattacharya - Bank of America Elizabeth Porter - Morgan Stanley David Vogt - UBS Steven Fox - Fox Advisors Aaron Rakers - Wells Fargo Louis Miscioscia - Diawa Ananda Baruah - Loop Capital Krish Sankar - TD Cowen Nehal Chokshi - Northland Capital Markets Ari Terjanian - Cleveland Research Company Operator Good day, and welcome to the NetApp Second Quarter of Fiscal Year 2025 Earnings Call. All participants will be in a listen-only mode.
Here's What Key Metrics Tell Us About NetApp (NTAP) Q2 Earnings
The headline numbers for NetApp (NTAP) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
NetApp (NTAP) Beats Q2 Earnings and Revenue Estimates
NetApp (NTAP) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $1.79 per share. This compares to earnings of $1.58 per share a year ago.
NetApp Stock Jumps On Earnings Beat For Enterprise Data Storage Firm
NetApp stock gained after data storage firm's fiscal second quarter results beat estimates for earnings and sales. The post NetApp Stock Jumps On Earnings Beat For Enterprise Data Storage Firm appeared first on Investor's Business Daily.
