NetApp
NTAP
Market cap $21.1B

105.27 USD

-1.15

1.08%

At close Jul 11, 4:00 PM EDT

After hours

105.27

+0.00

0.00%

1 day

-1.08%

5 days

-1.50%

1 month

2.57%

3 months

27.38%

6 months

-8.40%

Year to date

-9.19%

1 year

-19.92%

5 years

142.56%

10 years

240.57%

About: NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of the cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services. Geographically, the company generates the majority of its revenue from the United States, Canada and Latin America (Americas).

Employees: 11,700

Technology Computer Hardware

0

Funds holding %

of 7,312 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

2% more call options, than puts

Call options by funds: $164M | Put options by funds: $161M

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]

4% less repeat investments, than reductions

Existing positions increased: 305 | Existing positions reduced: 319

3.4% less ownership

Funds ownership: 93.85% [Q4 2024] → 90.46% (-3.4%) [Q1 2025]

6% less funds holding

Funds holding: 865 [Q4 2024] → 810 (-55) [Q1 2025]

27% less capital invested

Capital invested by funds: $22.1B [Q4 2024] → $16.1B (-$6B) [Q1 2025]

31% less first-time investments, than exits

New positions opened: 91 | Existing positions closed: 131

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$100

5%

downside

Avg. target

$108

3%

upside

High target

$117

11%

upside

7 analyst ratings

2 positive

29%

5 neutral

71%

0 negative

0%

Citigroup Asiya Merchant	4%upside $110	Neutral Maintained	2 Jun 2025
Barclays Tim Long	11%upside $117	Overweight Maintained	30 May 2025
JP Morgan Samik Chatterjee	9%upside $115	Overweight Maintained	30 May 2025
UBS David Vogt	3%upside $108	Neutral Maintained	30 May 2025
Wells Fargo Aaron Rakers	5%downside $100	Equal-Weight Maintained	30 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about NTAP published over the past 30 days

Zacks Investment Research

NetApp (NTAP) Falls More Steeply Than Broader Market: What Investors Need to Know

NetApp (NTAP) closed the most recent trading day at $105.27, moving 1.08% from the previous trading session.

NetApp (NTAP) Falls More Steeply Than Broader Market: What Investors Need to Know

Zacks Investment Research

NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It

NetApp (NTAP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

NetApp, Inc. (NTAP) Is a Trending Stock: Facts to Know Before Betting on It

NetApp and William Blair & Company to Host a Tech Talk on Intelligent Data Infrastructure for AI

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp (NASDAQ: NTAP) and William Blair & Company will hold a deep dive tech talk to discuss Intelligent Data Infrastructure for AI with Russell Fishman, Sr. Director, Product Management and Andy Sayare, Director, Strategic Alliances. Following brief opening remarks from NetApp, a question-and-answer session will be moderated by Jason Ader, research analyst at William Blair & Company. Interested parties can find more information on NetApp's Investor Re.

NetApp and William Blair & Company to Host a Tech Talk on Intelligent Data Infrastructure for AI

SE Labs Award Reinforces NetApp Status as the Most Secure Storage on the Planet

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that it was recognized as a standout performer in cybersecurity in the SE LABS ® Awards 2025. NetApp won the 2025 SE Labs Award for Enterprise Data Protection, validating NetApp's status as the most secure storage on the planet. This recognition as a winner of a 2025 SE Labs Award is a result of NetApp's exceptional innovation in cyber resiliency to deliver NetApp ONTAP® Auton.

SE Labs Award Reinforces NetApp Status as the Most Secure Storage on the Planet

Zacks Investment Research

Investors Heavily Search NetApp, Inc. (NTAP): Here is What You Need to Know

NetApp (NTAP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search NetApp, Inc. (NTAP): Here is What You Need to Know

NetApp Report Highlights Fierce Competition in Global AI Leadership

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today released its new report, The AI Space Race, examining which countries are leading the fierce global competition to become the world leader in AI innovation. While some countries are further ahead than others, this survey of CEOs and IT executives in the U.S., China, the U.K., and India found that every player has the potential to thrive in the global race for AI dominance. AI is no long.

NetApp Report Highlights Fierce Competition in Global AI Leadership

NetApp Appoints Disruptive Innovator Syam Nair as Chief Product Officer, Underscoring its Commitment to Bold Product Vision

SAN JOSE, Calif.--(BUSINESS WIRE)--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the appointment of Syam Nair as its new Chief Product Officer (CPO), effective Monday, July 7, 2025. Nair succeeds Harv Bhela, who concluded his tenure in June following a successful chapter of product leadership. Nair is a former Salesforce and Microsoft executive renowned as a maverick innovator in the industry, bringing over 25 years of experience in scaling cloud platforms.

NetApp Appoints Disruptive Innovator Syam Nair as Chief Product Officer, Underscoring its Commitment to Bold Product Vision

Zacks Investment Research

3 Storage Devices Stocks to Focus on From a Prospering Industry

Momentum in cloud computing, IoT, auto, and AI is likely to favor the prospects of Zacks Computer - Storage Devices industry players like WDC, NTAP, and TDC, amid a volatile macro backdrop.

3 Storage Devices Stocks to Focus on From a Prospering Industry

Hybrid Cloud Storage Company Radar Report 2025 Featuring Cloudian, CTERA, Hammerspace, LucidLink, Nasuni, NetApp, Panzura, and Peer Software

Businesses are increasingly adopting hybrid cloud storage solutions to manage growing enterprise data while supporting AI applications and sustainability goals. As the market emerges, the sector is expected to hit $100 billion in 2024, driven by the demand for unified cloud solutions offering scalability and high performance. Businesses are increasingly adopting hybrid cloud storage solutions to manage growing enterprise data while supporting AI applications and sustainability goals. As the market emerges, the sector is expected to hit $100 billion in 2024, driven by the demand for unified cloud solutions offering scalability and high performance.

Hybrid Cloud Storage Company Radar Report 2025 Featuring Cloudian, CTERA, Hammerspace, LucidLink, Nasuni, NetApp, Panzura, and Peer Software

Zacks Investment Research

Don't Overlook NetApp (NTAP) International Revenue Trends While Assessing the Stock

Evaluate NetApp's (NTAP) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

Don't Overlook NetApp (NTAP) International Revenue Trends While Assessing the Stock

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