NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could.
Netapp stock last closed at $75.80, down 0.11% from the previous day, and has increased 18.18% in one year. It has underperformed other stocks in the Computer Hardware industry by 0.34 percentage points. Netapp stock is currently +30.51% from its 52-week low of $58.08, and -5.87% from its 52-week high of $80.53.
As of Oct 2, 2023, there are 208.79M NTAP shares outstanding. The market cap of NTAP is $15.83B. In the last 24 hours, 1.26M NTAP shares were traded.
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After you have figured out the best place to buy Netapp stock, it's crucial to evaluate their stock before you invest, so you truly comprehend the risk and opportunity.
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You can see all of the due diligence checks on NTAP's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge NTAP's fair value.
Using relative valuations ratios:
You can access more valuation analysis on NTAP's stock here.
Out of 15 Equities analysts who give recommendations on NTAP, the consensus analyst rating on NTAP is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Mehdi Hosseini, a top 23% analyst from Susquehanna upgrades NTAP to a strong buy rating and raises their NTAP price target from $62.00 to $100.00, on Sep 5, 2023.
Nehal Chokshi, a top 26% analyst from Northland Securities maintains NTAP with a buy rating and lowers their NTAP price target from $89.00 to $88.00, on Aug 24, 2023.
Krish Sankar, a top 7% analyst from TD Cowen maintains NTAP with a buy rating and raises their NTAP price target from $85.00 to $90.00, on Aug 24, 2023.
Matthew Sheerin, a top 16% analyst from Stifel Nicolaus maintains NTAP with a strong buy rating and raises their NTAP price target from $80.00 to $85.00, on Aug 24, 2023.
David Vogt, a top 18% analyst from UBS maintains NTAP with a hold rating and raises their NTAP price target from $77.00 to $84.00, on Aug 24, 2023.
You can dive deeper into what analysts are saying on the Netapp stock forecast page.
Last year, NTAP earnings were $1.21B. During the last five year, NTAP's earnings have gone up by 40.63% per year. This was faster than the Computer Hardware industry average of 16.44%.
Last year, NTAP revenue was $6.20B. Over the past five year, NTAP's revenue has gone up by 0.42% per year. This was slower than the Computer Hardware industry average of 18.93%.
Dig into NTAP's earnings and revenue performance here.
Over the past 12 months, executives and large shareholders at NTAP have sold more shares than they have bought.
Gerald Held, Director of NTAP, was the latest NTAP insider to sell. They sold $442,269.00 worth of NTAP stock on Sep 12, 2023.
Research more about who owns NTAP stock here.
Netapp pays a dividend of 2.64%, compared to the Computer Hardware industry's average dividend yield of 2.5%. If you owned $1,000 worth of NTAP stock, you would have been paid $26.39 in the past year.
Netapp dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Netapp dividend yield and history here.
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