NetApp TodayNTAPNetApp$126.38 -1.26 (-0.99%) 52-Week Range$70.82▼$130.87Dividend Yield1.58%P/E Ratio27.24Price Target$117.81Add to WatchlistData infrastructure solutions provider NetApp Inc. NASDAQ: NTAP stock has hit 20-year highs. The company is reaping benefits from the artificial intelligence (AI) boom as data centers ramp up infrastructure to handle surging data demands and traffic. The company specializes in all-flash data storage and intelligent networking products and services. It helps automate and ...

NetApp (NTAP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this data storage company have returned +12.8%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Computer- Storage Devices industry, which NetApp falls in, has gained 9.4%. The key question now is: What could be the stock's future direct ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended April 26, 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 (I.R.S. Em ...

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 +11.7%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Computer- Storage Devices industry, which NetApp falls in, has gained 9%. The key question now is: What could be the stock's future direction?Although med ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

NetApp (NTAP) reported $1.67 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 5.5%. EPS of $1.80 for the same period compares to $1.54 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.66 billion, representing a surprise of +0.43%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.80.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectat ...

NetApp (NTAP) came out with quarterly earnings of $1.80 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this data storage company would post earnings of $1.69 per share when it actually produced earnings of $1.94, delivering a surprise of 14.79%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.NetApp, which belongs to ...

Exhibit 99.1 NetApp Reports Fourth Quarter and Fiscal Year 2024 Results Net revenues of $1.67 billion for the fourth quarter; Net revenues of $6.27 billion for fiscal year 2024 • Record all-flash array annualized revenue run rate1 of $3.6 billion, an increase of 17% year-over-year • Record fiscal year GAAP consolidated gross margins of 71%; record non-GAAP consolidated gross margins2 of 72% • Fiscal year GAAP operating margins of 19%; record non-GAAP operating margins2 of 27% • Fiscal year GAAP net income p ...

NetApp Inc (NTAP) is slated to release fourth-quarter fiscal 2024 earnings on May 30.The company projects non-GAAP earnings per share (EPS) to be between $1.73 and $1.83 for the quarter. The Zacks Consensus Estimate is pegged at $1.80, suggesting an increase of 16.9% from the year-ago.Net revenues are anticipated in the range of $1.585-$1.735 billion. The Zacks Consensus Estimate is pegged at $1.66 billion, implying a 5.1% increase from the prior-year.NTAP beat estimates in each of the last four quarters, d ...

NetApp (NTAP) ended the recent trading session at $115.65, demonstrating a +1.41% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.7%. Elsewhere, the Dow gained 0.01%, while the tech-heavy Nasdaq added 1.1%.Coming into today, shares of the data storage company had gained 12.98% in the past month. In that same time, the Computer and Technology sector gained 8.26%, while the S&P 500 gained 4.03%.Market participants will be closely following the financial results o ...