NetApp, Inc. (NTAP)
NetApp (NTAP) Crossed Above the 50-Day Moving Average: What That Means for Investors
From a technical perspective, NetApp (NTAP) is looking like an interesting pick, as it just reached a key level of support. NTAP recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
NetApp Is Poised For Revenue Growth Acceleration With AI Spending: Analyst
JPMorgan analyst Samik Chatterjee upgraded the rating for NetApp Inc NTAP from Neutral to Overweight, while raising the price target from $150 to $160.
NetApp upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Samik Chatterjee upgraded NetApp to Overweight from Neutral with a $160 price target.
Investors Heavily Search NetApp, Inc. (NTAP): Here is What You Need to Know
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 Up 45% Year to Date: Will the Stock Sustain Momentum in 2025?
Strength in all-flash storage and cloud market bodes well for NTAP, along with momentum in the AI space. Weak IT spending and stiff competition are concerns.
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.
