TD Cowen reiterated coverage of NetApp with a rating of Buy and set a new price target of $130.00 from $160.00 previously
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 |
10-K - NetApp, Inc. (0001002047) (Filer)
8-K - NetApp, Inc. (0001002047) (Filer)
SD - NetApp, Inc. (0001002047) (Filer)
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.