101.33

0.39% +0.39

Netapp Inc (NTAP)

Overview News Price History Option Chain Discussions Forecast Stock Split Dividend History

Netapp Inc stock is currently priced at $101.33, with a 24-hour trading volume of 2.10M. It has seen a +0.39% increased in the last 24 hours and a -3.24% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $100.4 pivot point. If it approaches the $102.0 resistance level, significant changes may occur.

Previous Close:

$100.94

Open:

$101.18

24h Volume:

2.10M

Market Cap:

$20.91B

Revenue:

$6.18B

Net Income/Loss:

$940.00M

P/E Ratio:

18.32

EPS:

5.53

Net Cash Flow:

$1.16B

1W Performance:

+3.45%

1M Performance:

-3.24%

6M Performance:

+41.86%

1Y Performance:

+62.47%

1D Range:

$100.24

$102.05

52W Range:

$61.54

$112.48

Netapp Inc Stock (NTAP) Company Profile

Name

Netapp Inc

Sector

Technology (769)

Industry

Computer Hardware (44)

Phone

408-822-6000

Address

1395 Crossman Avenue, Sunnyvale, CA

Employee

10,300

Twitter

@netapp

Next Earnings Date

2024-02-29

Latest SEC Filings

NTAP's Discussions on Twitter

Netapp Inc Stock (NTAP) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-16-24	Downgrade	Raymond James	Outperform → Mkt Perform
Jan-08-24	Downgrade	JP Morgan	Neutral → Underweight
Nov-29-23	Downgrade	Northland Capital	Outperform → Market Perform
Nov-29-23	Reiterated	TD Cowen	Outperform
Sep-18-23	Downgrade	William Blair	Outperform → Mkt Perform
Sep-05-23	Upgrade	Susquehanna	Neutral → Positive
Aug-24-23	Reiterated	TD Cowen	Outperform
Jul-26-23	Upgrade	Morgan Stanley	Underweight → Equal-Weight
Jun-30-23	Initiated	Citigroup	Neutral
Apr-20-23	Downgrade	BofA Securities	Neutral → Underperform
Apr-10-23	Upgrade	Stifel	Hold → Buy
Feb-23-23	Downgrade	Credit Suisse	Outperform → Neutral
Jan-10-23	Downgrade	Barclays	Overweight → Equal Weight
Dec-20-22	Downgrade	JP Morgan	Overweight → Neutral
Dec-13-22	Downgrade	Morgan Stanley	Equal-Weight → Underweight
Dec-05-22	Downgrade	Loop Capital	Buy → Hold
Oct-31-22	Initiated	Jefferies	Buy
Sep-19-22	Downgrade	Susquehanna	Positive → Neutral
Aug-17-22	Initiated	Credit Suisse	Outperform
Jun-14-22	Upgrade	Deutsche Bank	Hold → Buy
Apr-12-22	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Apr-05-22	Initiated	UBS	Neutral
Mar-24-22	Downgrade	BofA Securities	Buy → Neutral
Mar-10-22	Upgrade	Barclays	Equal Weight → Overweight
Feb-24-22	Reiterated	Barclays	Equal Weight
Feb-24-22	Reiterated	BofA Securities	Buy
Feb-24-22	Reiterated	Deutsche Bank	Hold
Feb-24-22	Reiterated	Susquehanna	Positive
Feb-24-22	Reiterated	Wells Fargo	Equal Weight
Jan-14-22	Upgrade	Cowen	Market Perform → Outperform
Dec-13-21	Upgrade	JP Morgan	Neutral → Overweight
Oct-18-21	Downgrade	Goldman	Neutral → Sell
Oct-14-21	Upgrade	Citigroup	Sell → Buy
Aug-26-21	Reiterated	Barclays	Equal Weight
Aug-26-21	Reiterated	BofA Securities	Buy
Aug-26-21	Reiterated	Citigroup	Sell
Aug-26-21	Reiterated	Cowen	Market Perform
Aug-26-21	Reiterated	Credit Suisse	Outperform
Aug-26-21	Reiterated	Deutsche Bank	Hold
Aug-26-21	Reiterated	Loop Capital	Buy
Aug-26-21	Reiterated	Northland Capital	Outperform
Aug-26-21	Reiterated	Stifel	Hold
Aug-26-21	Reiterated	Wells Fargo	Equal Weight
Jun-25-21	Upgrade	Raymond James	Mkt Perform → Outperform
Jun-10-21	Upgrade	William Blair	Mkt Perform → Outperform
Jun-03-21	Reiterated	Cowen	Market Perform
Feb-26-21	Upgrade	Daiwa Securities	Neutral → Outperform
Feb-25-21	Reiterated	Cowen	Market Perform
Feb-19-21	Upgrade	Longbow	Neutral → Buy
Dec-16-20	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Dec-02-20	Upgrade	Cross Research	Hold → Buy
Dec-02-20	Upgrade	Goldman	Sell → Neutral
Dec-02-20	Upgrade	Loop Capital	Hold → Buy
Oct-23-20	Upgrade	Summit Insights	Hold → Buy
Oct-13-20	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Aug-27-20	Reiterated	Citigroup	Sell
Aug-27-20	Reiterated	Cowen	Market Perform
Aug-27-20	Reiterated	Credit Suisse	Outperform
Aug-27-20	Reiterated	Deutsche Bank	Hold
Aug-27-20	Reiterated	Morgan Stanley	Underweight
Aug-27-20	Reiterated	Northland Capital	Outperform
Aug-27-20	Reiterated	Wells Fargo	Equal Weight
Aug-25-20	Resumed	JP Morgan	Overweight
Jun-26-20	Upgrade	BofA/Merrill	Neutral → Buy
Jun-18-20	Initiated	Deutsche Bank	Hold
May-28-20	Reiterated	Cowen	Market Perform
May-28-20	Reiterated	Lake Street	Hold
May-28-20	Reiterated	Morgan Stanley	Underweight
May-28-20	Reiterated	Susquehanna	Positive

View All

Netapp Inc Stock (NTAP) Latest News

Netapp Inc Stock (NTAP) Financials Data

Netapp Inc (NTAP) Revenue 2024

NTAP reported a revenue (TTM) of $6.18 billion for the quarter ending January 31, 2024, a -4.33% decline year-over-year.

Netapp Inc (NTAP) Net Income 2024

NTAP net income (TTM) was $940.00 million for the quarter ending January 31, 2024, a -27.02% decrease year-over-year.

Netapp Inc (NTAP) Cash Flow 2024

NTAP recorded a free cash flow (TTM) of $1.16 billion for the quarter ending January 31, 2024, a +14.19% increase year-over-year.

Netapp Inc (NTAP) Earnings per Share 2024

NTAP earnings per share (TTM) was $4.40 for the quarter ending January 31, 2024, a -24.27% decline year-over-year.

Netapp Inc Stock (NTAP) Insider Trading

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total
O'Callahan Elizabeth M	EVP, Chief Legal Officer	Apr 10 '24	Sale	103.02	871	89,730	9,601
CERNUDA CESAR	President	Apr 01 '24	Sale	105.03	22,000	2,310,660	43,072
Kurian George	CEO	Mar 19 '24	Sale	101.44	8,500	862,218	261,202
BERRY MICHAEL J	EVP, CFO	Mar 13 '24	Sale	102.00	7,500	765,000	144,909
BERRY MICHAEL J	EVP, CFO	Mar 12 '24	Sale	102.75	7,500	770,614	152,409
O'Callahan Elizabeth M	EVP, Chief Legal Officer	Mar 11 '24	Sale	102.85	871	89,582	10,472
Kurian George	Chief Executive Officer	Feb 15 '24	Option Exercise	0.00	5,132	0	271,530
O'Callahan Elizabeth M	EVP, Chief Legal Officer	Feb 15 '24	Option Exercise	0.00	2,842	0	12,827
CERNUDA CESAR	President	Feb 15 '24	Option Exercise	0.00	4,195	0	66,078
BERRY MICHAEL J	EVP Finance & Operations, CFO	Feb 15 '24	Option Exercise	0.00	2,699	0	160,621

NetApp, Inc. provides software, systems, and services to manage and share date on-premises, and private and public clouds worldwide. It offers cloud data services, such as ONTAP cloud storage data management and NetApp cloud sync data synchronization services; NetApp SaaS backup for Microsoft Office 365; NetApp cloud backup solutions; OnCommand management software and management integration tools; and NetApp private storage for cloud. The company also provides cloud Infrastructure solutions, including FlexPod, a portfolio of pre-validated designs and integration; NetApp advisor converged systems; NetApp HCI enterprise-scale hyper converged cloud infrastructure; and NetApp StorageGRID Webscale object storage software. In addition, it offers storage systems and software, such as all-flash arrays that support data management; hybrid arrays to deploy the speed of flash storage; NetApp ONTAP storage operating system; NetApp ONTAP Select, which offers robust enterprise storage services; NetApp flex array storage virtualization software; NetApp SnapCenter backup management software; NetApp SnapMirror data replication software; NetApp MetroCluster business continuity software; NetApp SnapLock data compliance software; SANtricity storage operating system; and NetApp SolidFire element operating systems. In addition, it provides software and hardware maintenance, professional, and customer education and training services, as well as support solutions. The company serves energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and channel partners. NetApp, Inc. has a strategic partnership with Lenovo to help customers modernize IT and enhance their digital transformation. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.