Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
1/16/2024 | Outperform → Mkt Perform | Raymond James | |
1/8/2024 | $89.00 → $87.00 | Neutral → Underweight | JP Morgan |
11/29/2023 | $90.00 → $100.00 | Outperform | TD Cowen |
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
After market close on Wednesday, August 28, 2024, NetApp (NASDAQ:NTAP) will announce financial results for the first quarter of fiscal year 2025 which ended July 26, 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 Q2 FY 2025 results target date: November 26, 2024 Q3 FY 2025 results target date
NetApp (NASDAQ:NTAP) and Evercore ISI will hold a tech talk to discuss NetApp's AI strategy and direction with Russell Fishman, senior director, product management global innovation, solutions, and alliances, and Hoseb Dermanilian, senior director, worldwide sales specialist, AI solutions. Following brief opening remarks from NetApp, a question and answer session will be moderated by Amit Daryanani, senior managing director at Evercore ISI Institutional Equities. 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: Wednesday, July 10, 2024 Time
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
4 - NetApp, Inc. (0001002047) (Issuer)
4 - NetApp, Inc. (0001002047) (Issuer)
4 - NetApp, Inc. (0001002047) (Issuer)
Loop Capital upgraded NetApp from Hold to Buy and set a new price target of $150.00 from $121.00 previously
TD Cowen reiterated coverage of NetApp with a rating of Buy and set a new price target of $135.00 from $120.00 previously
JP Morgan upgraded NetApp from Underweight to Neutral and set a new price target of $125.00 from $95.00 previously
8-K - NetApp, Inc. (0001002047) (Filer)
10-Q - NetApp, Inc. (0001002047) (Filer)
8-K - NetApp, Inc. (0001002047) (Filer)
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
NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced that it strengthened its sales team to accelerate growth objectives and facilitate customer success by hiring Mike Sakalas as the company's Vice President of U.S. Enterprise Sales. Sakalas will report to NetApp's Senior Vice President of North America Sales, Riccardo Di Blasio. Sakalas will oversee the development and execution of NetApp's enterprise business in the United States, playing a pivotal role in defining and implementing the company's go-to-market strategy. Sakalas will partner closely with internal teams and NetApp partners to drive strategic customer engagements as NetApp expands its offerings a
NetApp (NASDAQ:NTAP) will hold their 2024 INSIGHT™ customer conference in Las Vegas, Nevada on September 23 – 25, 2024. On Monday, September 23, 2024, NetApp will host a technology session for financial analysts from 9:30 a.m. – 1:00 p.m. Pacific Time and will include chief executive officer, George Kurian and several tech specialists discussing NetApp's differentiation in the areas of enterprise storage, AI, Cloud and Hybrid Cloud, and Kris Newton, vice president, investor relations, will moderate a customer panel. Audience members will include financial analysts and investors. Furthermore, NetApp will also host a keynote session of mainstage headliners from 4:00 p.m. – 5:30 p.m. Pacific
Consolidating hybrid multicloud data storage simplifies AI operations for leading business planning platform NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced that Anaplan, provider of a market-leading platform for business planning and decision-making, has selected NetApp as its primary storage vendor. By adopting NetApp unified data storage to refresh the storage systems in four data centers around the globe, Anaplan is consolidating the storage of its public and private cloud deployments, vastly simplifying its data operations and enabling innovation for its AI-focused solutions. Anaplan empowers organizations across industries to see, plan, and lead b
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
SC 13G/A - NetApp, Inc. (0001002047) (Subject)
SC 13G/A - NetApp, Inc. (0001002047) (Subject)
SC 13G/A - NetApp, Inc. (0001002047) (Subject)