NetApp’s (NTAP) shares have been performing well on the trading front, with a gain of 51.1% year to date compared with the sub-industry and the S&P 500 composite’s growth of 47.1% and 16.6%, respectively. NetApp provides enterprise storage, data management software and hardware products and services. The San Jose, CA-based company assists enterprises in managing multiple cloud environments, adopting next-generation technologies like artificial intelligence (AI), Kubernetes and contemporary databases and nav ...

NetApp (NTAP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this data storage company have returned -5.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The Zacks Computer- Storage Devices industry, to which NetApp belongs, has lost 13.8% over this period. Now the key question is: Where could the stock be headed in the near term?Although media report ...

NetApp (NTAP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earning ...

NetApp (NTAP) closed at $124.99 in the latest trading session, marking a -0.92% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.08% for the day. Elsewhere, the Dow lost 0.12%, while the tech-heavy Nasdaq added 0.07%.Coming into today, shares of the data storage company had lost 2.06% in the past month. In that same time, the Computer and Technology sector lost 4.62%, while the S&P 500 lost 0.21%.The investment community will be closely monitoring the performance of ...

NetApp (NTAP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this data storage company have returned -1%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Computer- Storage Devices industry, which NetApp falls in, has lost 6.8%. The key question now is: What could be the stock's future direction?Although media ...

In the latest market close, NetApp (NTAP) reached $131.59, with a +0.93% movement compared to the previous day. This change outpaced the S&P 500's 0.64% gain on the day. Meanwhile, the Dow experienced a rise of 1.85%, and the technology-dominated Nasdaq saw an increase of 0.2%.Shares of the data storage company have appreciated by 3.44% over the course of the past month, outperforming the Computer and Technology sector's gain of 1.06% and lagging the S&P 500's gain of 3.82%.Market participants will be close ...

Delivers highly-dynamic and flexible consumption model for enterprise storage complemented by first-call support and customer success resourcesHERNDON, Va., July 12, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced the expansion of its Storage-as-a-Service (STaaS) portfolio by launching ePlus STaaS with NetApp Keystone. As an enhancement to NetApp Keystone Partner program, the ePlus offering combines flexible subscription models for storage consumption via NetApp Keystone with ePlus ...

NetApp, Inc. (NTAP) recently added innovative capabilities to its intelligent data portfolio, tailored for workloads such as GenAI and VMware platforms. The latest advancements are designed to streamline and optimize these workloads across critical hybrid multi-cloud architectures.The state-of-the-art capabilities are likely to expedite the deployment of intelligent data infrastructure for businesses navigating the GenAI and VMware landscapes.NetApp's BlueXP Workload Factory for AWS simplifies cloud managem ...

In the latest trading session, NetApp (NTAP) closed at $134.62, marking a +1.92% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.02%. At the same time, the Dow added 1.09%, and the tech-heavy Nasdaq gained 1.18%.The data storage company's shares have seen an increase of 5.28% over the last month, not keeping up with the Computer and Technology sector's gain of 8.46% and outstripping the S&P 500's gain of 4.44%.The investment community will be closely monitoring ...

NetApp, Inc. (NTAP) recently announced that its ONTAP Autonomous Ransomware Protection with Artificial Intelligence (ARP/AI) has attained the AAA rating from SE Labs, an independent security testing organization.The AAA rating validates the efficient performance of NTAP's AI-powered ransomware detection capabilities, showcasing its industry-leading effectiveness in protecting organizations against critical cybersecurity threats.With the rapid evolution of ransomware attacks, enterprises are in pressing need ...