Oppenheimer initiated coverage of NetApp with a rating of Perform
Save time and jump to the most important pieces.
| 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 |
4 - NetApp, Inc. (0001002047) (Issuer)
4 - NetApp, Inc. (0001002047) (Issuer)
4 - NetApp, Inc. (0001002047) (Issuer)
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
ITASCA, Ill. and SAN JOSE, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Flexera, the global leader in technology spend and risk management, today announced it has completed the acquisition of Spot from NetApp (NASDAQ:NTAP), the intelligent data infrastructure company. The acquisition is Flexera's latest step towards offering a comprehensive set of solutions to help organizations confront growing cloud cost and usage hurdles, especially as the consumption of artificial intelligence (AI) surges and strains cloud budgets. With this acquisition, Flexera expands its leading Cloud Financial Management offering into a suite of AI-powered FinOps technologies and enhances the value of these offeri
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
SC 13G - NetApp, Inc. (0001002047) (Subject)
SC 13G/A - NetApp, Inc. (0001002047) (Subject)
SC 13G/A - NetApp, Inc. (0001002047) (Subject)
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
NetAppTM (NASDAQ:NTAP), the intelligent data infrastructure company, today announced the Company will participate in fireside chats at the following conferences: BofA Global Technology Conference George Kurian, CEO June 3, 2025 Presentation time: 2:40 – 3:10 p.m. Pacific Time Baird 2025 Global Consumer, Technology & Services Conference Kris Newton, VP, Investor Relations June 4, 2025 Presentation time: 3:10 – 3:40 p.m. Eastern Time Nasdaq Cesar Cernuda, President June 11, 2025 Presentation time: 3:00 – 3:40 p.m. Greenwich Mean Time Live audio Webcasts of the presentations will be available at investors.netapp.com. Audio Webcast archives of each event will be available after the conf
Businesses using NetApp AIPod can accelerate AI agents and speed up retrieval of relevant information NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced that it is working with NVIDIA to support the NVIDIA AI Data Platform reference design in the NetApp AIPod solution to accelerate enterprise adoption of agentic AI. Powered by the robust and mature data management capabilities of NetApp ONTAP®, NetApp AIPod deployments built on the NVIDIA AI Data Platform will help businesses build secure, governed, and scalable AI data pipelines for retrieval-augmented generation (RAG) and inferencing, enabling organizations to harness the full potential of AI innovation.
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
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
4 - NetApp, Inc. (0001002047) (Issuer)
8-K - NetApp, Inc. (0001002047) (Filer)
SD - NetApp, Inc. (0001002047) (Filer)
8-K - NetApp, Inc. (0001002047) (Filer)