NetApp (NTAP)

• Market cap: $22.1B
• 1 day: 0.44%
• 5 days: 1.78%
• 1 month: 5.78%
• 3 months: 10.60%
• 6 months: -9.47%
• Year to date: -4.24%
• 1 year: -16.22%
• 5 years: 165.76%
• 10 years: 281.87%
• Sector: Technology
• Industry: Software - Infrastructure

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

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

133% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 7 (+4) [Q2]

31% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 104

30% more call options, than puts

Call options by funds: $152M | Put options by funds: $117M

25% more capital invested

Capital invested by funds: $16.2B [Q1] → $20.3B (+$4.09B) [Q2]

24% more repeat investments, than reductions

Existing positions increased: 328 | Existing positions reduced: 264

4.46% more ownership

Funds ownership: 90.59% [Q1] → 95.04% (+4.46%) [Q2]

1% more funds holding

Funds holding: 814 [Q1] → 822 (+8) [Q2]

Research analyst outlook

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

• Low target: $100 10% downside
• Avg. target: $116 4% upside
• High target: $130 17% upside

7 analyst ratings

• positive: 2 29%
• neutral: 5 71%
• negative: 0 0%

B of A Securities Wamsi Mohan	13% upside $125	Neutral Maintained	25 Aug 2025
Morgan Stanley Erik Woodring	4% upside $115	Equal-Weight Assumed	21 Aug 2025
Citigroup Asiya Merchant	4% upside $115	Neutral Maintained	11 Aug 2025
JP Morgan Samik Chatterjee	17% upside $130	Overweight Maintained	17 Jul 2025
Barclays Tim Long	5% upside $117	Overweight Maintained	30 May 2025