JP Morgan upgraded NetApp from Underweight to Neutral and set a new price target of $125.00 from $95.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | $145.00 → $160.00 | Buy | TD Cowen |
| 11/15/2024 | Neutral | Cleveland Research | |
| 11/13/2024 | Perform | Oppenheimer | |
| 9/3/2024 | $121.00 → $150.00 | Hold → Buy | Loop Capital |
| 5/31/2024 | $120.00 → $135.00 | Buy | TD Cowen |
| 5/31/2024 | $95.00 → $125.00 | Underweight → Neutral | JP Morgan |
| 3/4/2024 | $130.00 | Hold → Buy | Argus |
| 3/1/2024 | $100.00 → $120.00 | Outperform | TD Cowen |
TD Cowen reiterated coverage of NetApp with a rating of Buy and set a new price target of $160.00 from $145.00 previously
Cleveland Research initiated coverage of NetApp with a rating of Neutral
Oppenheimer initiated coverage of NetApp with a rating of Perform
4 - NetApp, Inc. (0001002047) (Issuer)
4 - NetApp, Inc. (0001002047) (Issuer)
4 - NetApp, Inc. (0001002047) (Issuer)
Bank of America equity analyst Vivek Arya continues to hold a positive outlook on Nvidia Corp. (NASDAQ:NVDA), even after the chipmaker's recent ascent, which has made it the world’s largest company, surpassing Microsoft Corp. (NYSE:MSFT). In a note shared with clients on Thursday, Arya noted that while Nvidia’s sharp rise might prompt short-term profit-taking, he believes any resulting “volatility (is) likely to be short-lived,” thanks to the company’s robust fundamentals and attractive valuations. This confidence is due to several factors: Generative AI Hardware Deployment: We’re only in the second year of what could be a 3-5 year cycle for generative AI hardware, presenting a lon
SC 13G - NetApp, Inc. (0001002047) (Subject)
SC 13G/A - NetApp, Inc. (0001002047) (Subject)
SC 13G/A - NetApp, Inc. (0001002047) (Subject)
Net revenues of $1.66 billion for the second quarter; 6% year-over-year increase Record all-flash array annualized net revenue run rate1 of $3.8 billion, an increase of 19% year-over-year First party and marketplace cloud storage services revenue grew approximately 43% year-over-year Second quarter GAAP operating margin of 21%; record second quarter non-GAAP operating margin2 of 29% Second quarter GAAP net income per share3 of $1.42; record second quarter non-GAAP net income per share2 of $1.87 Returned $406 million to stockholders through share repurchases and cash dividends NetApp (NASDAQ:NTAP), the intelligent data infrastructure company, today reported financial result
After market close on Thursday, November 21, 2024, NetApp (NASDAQ:NTAP) will announce financial results for the second quarter of fiscal year 2025 which ended October 25, 2024. 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 Q3 FY 2025 results target date: February 27, 2025 Q4 FY 2025 results target dat
Net revenues of $1.54 billion for the first quarter; 8% year-over-year increase All-flash array annualized net revenue run rate1 of $3.4 billion, an increase of 21% year-over-year First party and marketplace cloud storage services revenue grew approximately 40% year-over-year Record first quarter GAAP operating margin of 18%; record first quarter non-GAAP operating margin2 of 26% Record first quarter GAAP net income per share3 of $1.17; record first quarter non-GAAP net income per share2 of $1.56 Returned $507 million to stockholders through share repurchases and cash dividends NetApp (NASDAQ:NTAP), the intelligent data infrastructure company, today reported financial res
Net revenues of $1.66 billion for the second quarter; 6% year-over-year increase Record all-flash array annualized net revenue run rate1 of $3.8 billion, an increase of 19% year-over-year First party and marketplace cloud storage services revenue grew approximately 43% year-over-year Second quarter GAAP operating margin of 21%; record second quarter non-GAAP operating margin2 of 29% Second quarter GAAP net income per share3 of $1.42; record second quarter non-GAAP net income per share2 of $1.87 Returned $406 million to stockholders through share repurchases and cash dividends NetApp (NASDAQ:NTAP), the intelligent data infrastructure company, today reported financial result
Updated all-flash storage offerings drive performance at all budgets and offer simplicity at scale NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced updates to its portfolio of enterprise storage offerings including new NetApp AFF A-Series and AFF C-Series systems with mid-range, all-flash, unified data storage at price points for businesses of any size and updates to NetApp StorageGRID, driving improved density and performance for object storage. Today's dynamic enterprises need an intelligent data strategy to address the challenges of modern data management, such as exponential data growth, multi-cloud complexity, and the need for AI readiness. Intellig
New capabilities empower businesses with secure, simplified application management NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced an expanded collaboration with Red Hat, Inc., the world's leading provider of open source solutions, to offer new solutions to streamline and accelerate enterprise application development and management in virtual environments. By uniting NetApp's intelligent data infrastructure with Red Hat OpenShift, this collaboration offers customers more flexibility to manage their virtualized environments more seamlessly on-premises and in the hybrid multicloud. Companies are under increasing pressure to innovate quickly, developing ne
8-K - NetApp, Inc. (0001002047) (Filer)
8-K - NetApp, Inc. (0001002047) (Filer)
10-Q - NetApp, Inc. (0001002047) (Filer)
NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced the appointment of Pamela Hennard as the new Chief Diversity and Inclusion Officer. In her expanded role, Pamela will lead NetApp's efforts to foster diversity, equity, and inclusion across the organization and within the talent acquisition process and throughout the full employee journey. Pamela Hennard has been an integral part of NetApp's success, serving as the Vice President of Global Talent Acquisition. With over 27 years of experience in human resources, Pamela brings a wealth of expertise in developing and leading high-performing teams. During Pam's tenure at NetApp, her strategic guidance has been
Shahin brings over 25 years of enterprise experience to drive NetApp's ability to scale in both business technology and operations initiatives NetApp® (NASDAQ:NTAP), the original intelligent data infrastructure company, today announced Gus Shahin as the company's Executive Vice President of Business Technology and Operations. Reporting to CEO George Kurian, Shahin will lead critical business operations providing a solid foundation for accelerating growth and fostering cross-functional execution across four key company pillars - Information Technology, Operations, Global Security, and Enterprise Process Excellence. Shahin joins NetApp from Flex, where he held varying leadership roles ove
NetApp® (NASDAQ:NTAP), the original intelligent data infrastructure company, today announced that its board of directors has nominated June Yang to stand for election as an independent director at its annual meeting of stockholders on September 11, 2024. Yang most recently served as Vice President, Cloud AI and Industry Solutions at Google Cloud (cloud computing services) from October 2021 until December 2023 where she was responsible for the portfolio of Google Cloud AI products and solutions, including Vertex AI, Contact Center AI and more. Previously at Google Cloud, she served as Vice President and General Manager, Compute and Machine Learning infrastructure from October 2019 until Oc