BofA Securities upgraded NetApp from Underperform to Neutral and set a new price target of $128.00 from $121.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/21/2025 | $115.00 | Equal-Weight | Morgan Stanley |
| 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 |
Morgan Stanley resumed coverage of NetApp with a rating of Equal-Weight and set a new price target of $115.00
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
NetApp StorageGRID fuels AI-powered design, simulation, and race-day strategy for competitive motorsport team The Aston Martin Aramco Formula One® Team today announced that it has completed its migration to run 100 percent of its data storage on NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company. Aston Martin Aramco relies on NetApp's unified, secure and AI-ready data infrastructure to power its design, simulation, and trackside operations. Building an Intelligent Data Infrastructure powered entirely by NetApp solutions enables the Aston Martin Aramco team to benefit from seamless access to critical data, empowering faster decision-making measured in milliseconds. This i
NetApp (NASDAQ:NTAP) will hold their 2025 INSIGHT™ customer conference in Las Vegas, Nevada on October 14–16, 2025. On Tuesday, October 14, 2025, NetApp will host a technology session for financial analysts and investors from 12:00–3:00 p.m. Pacific Time. The event will include chief executive officer, George Kurian, and several tech specialists discussing NetApp's differentiation and value proposition in the areas of enterprise storage, AI, cloud transformation, data infrastructure modernization, and cyber resilience. Kris Newton, vice president, investor relations, will moderate a customer panel. Furthermore, NetApp will also host a keynote session of mainstage headliners from 9:00–10
Study finds industry and size matter: large enterprises outpace peers in building AI-ready infrastructure NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today unveiled a new global Enterprise AI maturity study conducted by IDC*. This second annual study reveals a sharp shift in how enterprises approach artificial intelligence and confirms AI has entered a new phase where the most mature organizations prioritize data readiness, protection and security while they make impactful infrastructure decisions and investments to support current and next-gen AI. Findings from 2024 highlighted AI's potential to drive dramatic business outcomes, but also exposed deep gaps in inf
4 - NetApp, Inc. (0001002047) (Issuer)
4 - NetApp, Inc. (0001002047) (Issuer)
4 - NetApp, Inc. (0001002047) (Issuer)
10-Q - NetApp, Inc. (0001002047) (Filer)
8-K - NetApp, Inc. (0001002047) (Filer)
SCHEDULE 13G/A - NetApp, Inc. (0001002047) (Subject)
4 - NetApp, Inc. (0001002047) (Issuer)
NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced the appointment of Syam Nair as its new Chief Product Officer (CPO), effective Monday, July 7, 2025. Nair succeeds Harv Bhela, who concluded his tenure in June following a successful chapter of product leadership. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250624871234/en/Syam Nair, Chief Product Officer at NetApp Nair is a former Salesforce and Microsoft executive renowned as a maverick innovator in the industry, bringing over 25 years of experience in scaling cloud platforms and driving hyper-growth. In his new role, Nair will lead NetApp's
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
George Kurian, chief executive officer at NetApp (NASDAQ:NTAP) will participate in J. P. Morgan's CEO Spotlight Series to discuss long-term strategies and roadmaps pertaining to broader industry AI dynamics, as well as specific drivers and opportunities for NetApp. 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: Thursday, September 11, 2025 Time: 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time Speakers: George Kurian, CEO, NetApp Moderator: Samik Chatterjee, Financial Analyst, J. P. Morgan Webcast Link: https://www.netroadshow.com/events/
Net revenues of $1.56 billion for the first quarter News Summary NetApp achieved the #1 market share position in all-flash storage for calendar Q1 2025, as reported by IDC1 All-flash array revenue grew 6% year-over-year to $893 million in Q1, for an annualized net revenue run rate2 of $3.6 billion First-party and marketplace Public Cloud storage services revenue grew 33% year-over-year Billings3 of $1.51 billion in the first quarter grew 4% year-over-year, the seventh consecutive quarter of year-over-year growth Record first quarter cash provided by operations of $673 million; record first quarter free cash flow3 of $620 million Record first quarter GAAP operating profit
After market close on August 27, 2025, NetApp (NASDAQ:NTAP) will announce financial results for the first quarter of fiscal year 2026, which ended July 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 Q2 FY 2026 results target date: November 25, 2025 Q3 FY 2026 results target date: Februa
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