NetApp(NTAP)
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NetApp (NTAP) Just Overtook the 20-Day Moving Average
ZACKS· 2024-12-17 15:35
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 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.Like other ...
NetApp (NTAP) Crossed Above the 50-Day Moving Average: What That Means for Investors
ZACKS· 2024-12-17 15:30
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.The 50-day simple moving average, which is one of three major moving averages, is widely used by traders and analysts to establish support and resistance levels for a range of securities. Because it's the first sign of an up or down trend, the 50-day is considered to be more important.Over th ...
Tessell to Showcase RDS+++ Solution, Enhanced with New AWS FSx for NetApp ONTAP Integration, at re:Invent 2024
GlobeNewswire News Room· 2024-12-03 18:53
LAS VEGAS, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Tessell, the leading next-generation database-as-a-service (DBaaS) that helps startups and enterprises accelerate data and application modernization journeys at scale, will be exhibiting this week at AWS re:Invent 2024, taking place from December 2-6 at The Venetian Resort in Las Vegas, Nevada. This marks Tessell’s second consecutive year attending and sponsoring the world’s largest cloud computing event. Attendees are invited to visit Tessell at Booth #1953 from ...
NetApp & AWS Launch New Offering for Easy Hybrid Cloud Deployments
ZACKS· 2024-12-02 14:46
NetApp, Inc. (NTAP) and Amazon Web Services (“AWS”) recently introduced a cutting-edge solution for hybrid environments — NetApp enterprise storage arrays for AWS Outposts. The enhanced collaboration streamlines hybrid cloud deployments by enabling customers to seamlessly manage on-premises enterprise storage arrays through the AWS Management Console.AWS Outposts is a fully managed service that extends AWS infrastructure and services to on-premises and edge locations. NetApp’s integration with AWS Outposts ...
NetApp: Underappreciated Long-Term AI Beneficiary
Seeking Alpha· 2024-11-29 14:54
NetApp, Inc. (NASDAQ: NTAP ) is an intelligent data infrastructure company that provides software, systems, and services for hybrid and multi-cloud environments to clients across industries and the globe. The company was founded in 1992 and has around 11,800 employees, earningEarnings analysis of individual stocks and macro analysis of broad asset class, sector and country-specific funds to discover trends using a top-down approach. For more content visit my website or follow me on Twitter (@MTSInsights).An ...
NetApp: ARR Growth And Margin Expansion Should Drive Further Upside
Seeking Alpha· 2024-11-26 20:48
With the S&P 500 continuing to hover around all-time highs, it has become increasingly challenging to find growth stocks that still trade at decent value and also have meaningful catalysts to spark continued earnings growth through 2025, despite a potentially tougher macroWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industr ...
NetApp(NTAP) - 2025 Q2 - Quarterly Report
2024-11-25 21:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 25, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-27130 NetApp, Inc. (Exact name of registrant as specified in its charter) Delaware 77-0307520 (State or other jurisdiction of ...
NetApp Analysts Raise Their Forecasts After Strong Earnings
Benzinga· 2024-11-22 18:57
NetApp, Inc. NTAP reported better-than-expected second-quarter results on Thursday.NetApp reported quarterly earnings of $1.87 per share, which beat the analyst consensus estimate of $1.78. Quarterly revenue came in at $1.65 billion, which beat the analyst consensus estimate of $1.64 billion and is an increase over revenue of $1.56 billion from the same period last year."Our strong Q2 performance was driven by another record-breaking quarter in all-flash storage and strong performance in first party and mar ...
NetApp's Q2 Earnings Top Estimates, Stock Up on Raised Guidance
ZACKS· 2024-11-22 13:56
NetApp, Inc. (NTAP) reported second-quarter fiscal 2025 non-GAAP earnings of $1.87 per share, which beat the Zacks Consensus Estimate by 4.5% and jumped 18.4% year over year. The bottom line also surpassed the company’s guided range of $1.73-$1.83.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of $1.66 billion increased 6% year over year and came within the guided range of $1.565-$1.715 billion. This upside resulted from strong sales across Hybrid Cloud and Public Cloud se ...
NetApp(NTAP) - 2025 Q2 - Earnings Call Presentation
2024-11-22 04:38
Π NetApp Q2 FY25 EARNINGS RESULTS © 2024 NetApp, Inc. All rights reserved. Safe harbor • This presentation contains forward-looking statements and projections about our strategy, products and services, shareholder returns, and our future results, performance or achievements, financial and otherwise. These statements and projections reflect management's current expectations, estimates and assumptions based on the information currently available to us and are not guarantees of future performance. • Actual res ...