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 |
|---|---|---|---|
| 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 | |
| 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 |
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
8-K - NetApp, Inc. (0001002047) (Filer)
S-8 - NetApp, Inc. (0001002047) (Filer)
10-Q - NetApp, Inc. (0001002047) (Filer)
Analyst upgraded NetApp from Neutral to Overweight and set a new price target of $160.00
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
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Today, NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, announced the appointment of Wissam Jabre as Executive Vice President and Chief Financial Officer effective March 10, 2025. Jabre brings over 20 years of experience leading finance organizations and a strong track record of value creation and disciplined operational management. Jabre's appointment follows the previously announced planned retirement of Mike Berry, who served as NetApp's Executive Vice President and Chief Financial Officer for the last five years. "We are thrilled to welcome Wissam to our leadership team," said George Kurian, Chief Executive Officer. "His decades of financial experience will be inval
By becoming a founding level partner of the 49ers, NetApp strengthens its ties to the Bay Area community through sports and technology Today, the San Francisco 49ers and NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, announced a new multi-year strategic partnership. Coming in as a founding level partner, the highest tier of 49ers corporate partnership, NetApp becomes the Official Intelligent Data Infrastructure Partner of the historic NFL franchise. Together, the two brands will utilize silo-free data infrastructure, built for intelligence, to support 49ers business operations throughout the organization, starting with the reimagination of the fan experience at Levi's
ITASCA, Ill. and SAN JOSE, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Flexera, the global leader in technology spend and risk management, has entered into a definitive agreement to acquire the Spot by NetApp FinOps business from NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company. The transaction will enhance Flexera's ability to better serve customers and partners seeking to manage growing multi-cloud cost and FinOps needs across a broader range of services from hybrid cloud, SaaS applications and containers. The combination of Spot's artificial intelligence (AI) and machine learning (ML)-enabled technology and Flexera's hybrid cloud expertise will offer a comprehensive F
Today, NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, announced the appointment of Wissam Jabre as Executive Vice President and Chief Financial Officer effective March 10, 2025. Jabre brings over 20 years of experience leading finance organizations and a strong track record of value creation and disciplined operational management. Jabre's appointment follows the previously announced planned retirement of Mike Berry, who served as NetApp's Executive Vice President and Chief Financial Officer for the last five years. "We are thrilled to welcome Wissam to our leadership team," said George Kurian, Chief Executive Officer. "His decades of financial experience will be inval
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
4 - NetApp, Inc. (0001002047) (Issuer)
4 - NetApp, Inc. (0001002047) (Issuer)
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