NetAppNTAP
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 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.
Employees: 11,800
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
76% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 71
31% more call options, than puts
Call options by funds: $292M | Put options by funds: $224M
18% more repeat investments, than reductions
Existing positions increased: 341 | Existing positions reduced: 288
4% more funds holding
Funds holding: 823 [Q3] → 860 (+37) [Q4]
3.65% more ownership
Funds ownership: 90.16% [Q3] → 93.81% (+3.65%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
3% less capital invested
Capital invested by funds: $22.8B [Q3] → $22.1B (-$651M) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Barclays Tim Long 56% 1-year accuracy 33 / 59 met price target | 28%upside $115 | Overweight Upgraded | 30 Apr 2025 |
Evercore ISI Group Amit Daryanani 33% 1-year accuracy 14 / 43 met price target | 11%upside $100 | In-Line Maintained | 28 Apr 2025 |
JP Morgan Samik Chatterjee 51% 1-year accuracy 38 / 75 met price target | 26%upside $113 | Overweight Maintained | 17 Apr 2025 |
Citigroup Asiya Merchant 30% 1-year accuracy 12 / 40 met price target | 0%upside $90 | Neutral Maintained | 14 Apr 2025 |
Loop Capital Ananda Baruah 10% 1-year accuracy 4 / 40 met price target | 45%upside $130 | Buy Maintained | 4 Mar 2025 |
Financial journalist opinion
Based on 14 articles about NTAP published over the past 30 days
