NetApp Inc. NASDAQ: NTAP is an intelligent data infrastructure company that offers data-centric software and networking hardware that enable enterprises to manage and use their data. The computer and technology sector leader provides on-premise and hybrid cloud solutions with all-flash storage, networking gear, observability, cyber resilience, and cybersecurity.Get NetApp alerts:The Evolution of NetApp: From Data Silos to Intelligent ArchitectureNetApp TodayNTAPNetApp$123.51 +2.27 (+1.87%) 52-Week Range$70. ...

With the S&P 500 sitting near all-time records, it’s well recognized that beyond the recent rate cuts, the other major driver to move the markets this year has been excitement over the prospects of AI to revitalize a tectonic new shift inWith 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 industry today. He has been a regular cont ...

It has been about a month since the last earnings report for NetApp (NTAP) . Shares have added about 4.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is NetApp due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. NetApp's Q1 Earnings & Revenues BeatNetApp reported fir ...

NetApp, Inc. (NTAP) recently announced an advancement in generative artificial intelligence (AI), combining its data management expertise with NVIDIA’s (NVDA) AI software and accelerated computing. The partnership is aimed at boosting enterprise retrieval augmented generation (RAG), which will unlock the power of next-gen agentic AI. Agentic AI systems can autonomously process vast amounts of data and perform actions based on that knowledge. Through the integration of NTAP’s ONTAP unified storage operating ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alongs ...

LAS VEGAS, Nevada, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Dremio, the Unified Lakehouse Platform for Self-service Analytics and AI, and NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, live from NetApp INSIGHT announced a joint Hybrid Iceberg Lakehouse solution that addresses key challenges faced by data lake users, including enhancing operational efficiency and driving actionable insights. By combining Dremio’s Unified Lakehouse Platform with NetApp’s StorageGRID, ONTAP, and Cloud solutions ...

NetApp, Inc. (NTAP) has partnered with Amazon Web Services (“AWS”) to drive growth and innovation by leveraging artificial intelligence (AI). The recently signed strategic collaboration agreement reflects the dedication of both companies to improve customer experiences through accelerated generative AI initiatives, simplified processes and valuable CloudOps solutions.The enhanced alliance will facilitate smoother workload migrations and new application deployments on AWS. It will also simplify transactions ...

NetApp (NTAP) has inked a partnership with Aruba, a leading provider of cloud, data center, hosting and domain services in Europe, to bolster the potential data management and storage solutions nationwide. By integrating NTAP’s deep expertise in data infrastructure with Aruba’s advanced services, the collaboration is likely to aid businesses in managing, storing and securing their data.Although Aruba has relied on NetApp’s solutions for over a decade, the recent announcement marks the formalization of their ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is NetApp (NTAP) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.NetApp is a member of the Computer and Technology sector. This group includes 616 individual stocks and currently holds a Zacks Sector Rank of #8. The Zack ...

NetApp’s (NTAP) shares have been performing well on the trading front, with a gain of 33.7% year to date compared with the sub-industry and the S&P 500 composite’s growth of 33.4% and 18.1%, respectively. Strong financial performance is driving the stock’s trajectory. The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 8.6%. Closing at $117.86 as of yesterday’s trading session, NTAP stock is currently trading 12.7% below its 52-week ...