NTAP NetApp Inc.

NetApp, Inc. provides software, systems, and cloud services to manage and share data on-premises, and private and public clouds worldwide. The company offers cloud storage services, including NetApp Cloud Volumes; cloud control solutions, such as NetApp Cloud Manager and NetApp Virtual Desktop Service; cloud services and analytics comprising NetApp Cloud Insights, NetApp Cloud Sync, NetApp Cloud Compliance, NetApp Cloud Tiering, NetApp SaaS Backup, NetApp Cloud Backup, and NetApp Global File Cache; and Cloud Optimization solutions, such as Spot by NetApp, Spot Cloud Analyzer by NetApp, Spot Eco by NetApp, Spot Ocean by NetApp, Spot Wave by NetApp, Spot Elastigroup by NetApp, and NetApp Virtual Desktop Managed Service. It provides data storage solutions comprising NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, NetApp SolidFire, and NetApp HCI; data protection solutions, such as NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and NetApp Data Availability Services; and data management solutions, including NetApp ONTAP Storage Management System, NetApp ElementOS software, NetApp SANtricity software, NetApp Active IQ Digital Advisor, OnCommand Insight, and OnCommand Workflow Automation. In addition, the company offers application-aware data management service under the NetApp Astra name; and payment solutions and storage-as-a-service under the NetApp Keystone name. Further, it provides assessment, design, consulting, and implementation services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

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
9/3/2024	$121.00 → $150.00	Hold → Buy	Loop Capital
5/31/2024	$120.00 → $135.00	Buy	TD Cowen

NetApp Inc.

Peers

Recent Analyst Ratings for NetApp Inc.

NetApp Inc. Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Gustafsson Anders bought $499,597 worth of shares (5,524 units at $90.44), increasing direct ownership by 156% to 9,072 units (SEC Form 4)

NetApp Inc. Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

CEO Kurian George sold $865,130 worth of shares (8,500 units at $101.78), decreasing direct ownership by 3% to 296,805 units (SEC Form 4)

EVP, Chief Admin. Officer O'Callahan Elizabeth M sold $54,416 worth of shares (528 units at $103.06), decreasing direct ownership by 2% to 25,251 units (SEC Form 4)

VP, Controller & CAO De Lorenzo Daniel sold $29,829 worth of shares (302 units at $98.77), decreasing direct ownership by 40% to 455 units (SEC Form 4)

CEO Kurian George sold $850,145 worth of shares (8,500 units at $100.02), decreasing direct ownership by 3% to 305,305 units (SEC Form 4)

President Cernuda Cesar covered exercise/tax liability with 27,960 shares and was granted 59,493 shares, increasing direct ownership by 179% to 49,159 units (SEC Form 4)

CEO Kurian George was granted 112,003 shares and covered exercise/tax liability with 55,976 shares, increasing direct ownership by 22% to 313,805 units (SEC Form 4)

EVP, Chief Admin. Officer O'Callahan Elizabeth M was granted 20,394 shares and covered exercise/tax liability with 10,191 shares, increasing direct ownership by 67% to 25,525 units (SEC Form 4)

EVP, Chief Product Officer Bhela Harvinder S was granted 46,743 shares and covered exercise/tax liability with 18,347 shares, increasing direct ownership by 20% to 172,000 units (SEC Form 4)

EVP, Chief Product Officer Bhela Harvinder S converted options into 6,221 shares and covered exercise/tax liability with 1,514 shares, increasing direct ownership by 3% to 143,604 units (SEC Form 4)

CEO Kurian George converted options into 16,015 shares and covered exercise/tax liability with 8,002 shares, increasing direct ownership by 3% to 257,778 units (SEC Form 4)