Cleveland Research initiated coverage of NetApp with a rating of Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/30/2025 | $115.00 | Equal Weight → Overweight | Barclays |
| 2/28/2025 | $160.00 → $130.00 | Buy | TD Cowen |
| 2/19/2025 | $121.00 → $128.00 | Underperform → Neutral | BofA Securities |
| 2/10/2025 | Positive → Neutral | Susquehanna | |
| 12/16/2024 | $160.00 | Neutral → Overweight | Analyst |
| 11/22/2024 | $145.00 → $160.00 | Buy | TD Cowen |
| 11/15/2024 | Neutral | Cleveland Research | |
| 11/13/2024 | Perform | Oppenheimer |
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 Relations website at http://investors.netapp.com. No new financial information will be discussed during this conference call. Date: Thursday, July 10, 2025 Time: 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time Speakers: Russell Fishman and A
NetApp wins 2025 SE Labs Award for Enterprise Data Protection 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® Autonomous Ransomware Protection with Artificial Intelligence (ARP/AI), which was tested and validated by SE Labs. NetApp ARP/AI demonstrated 99 percent detection of tested, a
More than four out of five of CEOs and IT executives surveyed are driving AI growth for their companies 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 longer optional for business, and the region that leads the world in AI innovation will be well-positioned to be a technological sup
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Barclays upgraded NetApp from Equal Weight to Overweight and set a new price target of $115.00
TD Cowen reiterated coverage of NetApp with a rating of Buy and set a new price target of $130.00 from $160.00 previously
BofA Securities upgraded NetApp from Underperform to Neutral and set a new price target of $128.00 from $121.00 previously
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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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250624871234/en/Syam Nair, Chief Product Officer at NetApp 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 and driving hyper-growth. In his new role, Nair will lead NetApp's
NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced that Frank Pelzer, Chief Operating Officer at Spotnana, has joined its Board of Directors. This brings the number of directors on the NetApp Board of Directors to ten, nine of whom are independent and 40% of whom have been appointed within the last five years. "I am delighted to welcome Frank to our Board," said George Kurian, Chief Executive Officer at NetApp. "Frank's impressive history of helping companies scale, along with his ability to strengthen software value and enhance its recognition at infrastructure companies, will be invaluable as we continue to grow and innovate in the era of data and intelli
A long-tenured, highly respected industry leader, O'Callahan expands her leadership scope to drive integration, collaboration, and execution across the company's business NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced a strategic evolution in its leadership structure designed to enhance focus, strengthen collaboration, and drive execution across the business with the appointment of Beth O'Callahan, NetApp's Chief Legal Officer (CLO), to Chief Administrative Officer (CAO). In this newly expanded role, Beth will continue overseeing Legal, Compliance, Government Relations, and Sustainability, while assuming responsibility for Human Resources, Workplace
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 Relations website at http://investors.netapp.com. No new financial information will be discussed during this conference call. Date: Thursday, July 10, 2025 Time: 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time Speakers: Russell Fishman and A
Fourth quarter net revenues of $1.73 billion, an increase of 4% year-over-year; Fiscal year 2025 net revenues of $6.57 billion, an increase of 5% year-over-year Record all-flash array annualized net revenue run rate1 of $4.1 billion, an increase of 14% year-over-year Record first-party and marketplace Public Cloud services revenue of $416 million in fiscal year 2025, an increase of 43% year-over-year Record billings2 of $6.78 billion for fiscal year 2025, an increase of 8% year-over-year Record GAAP gross profit of $1.19 billion for the fourth quarter; record non-GAAP gross profit2 of $1.20 billion Record GAAP gross profit of $4.61 billion for fiscal year 2025; record non-GAA
After market close on Thursday, May 29, 2025, NetApp (NASDAQ:NTAP) will announce financial results for the fourth quarter and fiscal year 2025 which ended April 25, 2025. NetApp executive management will host a conference call Webcast at 2:30 p.m. Pacific Time to discuss these results and provide their perspective on market dynamics. How to Participate The live Webcast call can be accessed at investors.netapp.com. Please allow at least 15 minutes prior to the start of the Webcast to log in. An audio replay Webcast will also be available after 4:30 p.m. Pacific Time. NetApp Future Targeted Release Dates Q1 FY 2026 results target date: August 27, 2025 Q2 FY 2026 results target date: Nove
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