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NetApp (NTAP) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-07-29 23:06
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, Inc. (NTAP) is Attracting Investor Attention: Here is What You Should Know
ZACKS· 2024-07-18 14:02
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 ...
NetApp (NTAP) Laps the Stock Market: Here's Why
ZACKS· 2024-07-16 23:01
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 ...
ePlus Announces Storage-as-a-Service Leveraging NetApp
Prnewswire· 2024-07-12 12:54
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 (NTAP) Unveils Advanced Capabilities for Cloud Platforms
ZACKS· 2024-07-11 15:06
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 ...
NetApp (NTAP) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-07-10 23:05
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's (NTAP) AI-based Ransomware Solution Wins AAA Rating
ZACKS· 2024-06-27 15:40
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 ...
NetApp Stock: Riding the AI Wave – Is It a Buy?
MarketBeat· 2024-06-25 11:07
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, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2024-06-20 14:00
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 ...
NetApp(NTAP) - 2024 Q4 - Annual Report
2024-06-10 20:27
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 ...