NetApp Inc. (NTAP)

37.34
NASDAQ : Electronic Technology
Prev Close 39.53
Day Low/High 37.08 / 40.48
52 Wk Low/High 34.66 / 78.35
Avg Volume 2.75M
Exchange NASDAQ
Shares Outstanding 221.18M
Market Cap 8.85B
EPS 4.60
P/E Ratio 9.39
Div & Yield 1.92 (4.60%)

Latest News

Enterprise Software and Cloud Services Demand Remains Strong as Hardware Slumps

Enterprise Software and Cloud Services Demand Remains Strong as Hardware Slumps

While companies such as HPE, Cisco and NetApp are signaling that macro headwinds are weighing on their hardware sales, major software and public cloud players are singing a very different tune.

Cisco's Soft Guidance Comes Amid Macro Pressures and IT Spending Shifts

Cisco's Soft Guidance Comes Amid Macro Pressures and IT Spending Shifts

Cisco blamed its light guidance on macro headwinds. But as its own numbers show, software and security spending is holding up better than hardware spending in this environment.

NetApp's Warning Is In Stark Contrast to the Strong Growth Seen by Cloud Giants

NetApp's Warning Is In Stark Contrast to the Strong Growth Seen by Cloud Giants

As NetApp tumbled and sparked a broader selloff in enterprise hardware stocks, AWS and other cloud giants are still reporting strong growth.

Upgrades, Downgrades, Initiations

Here we go folks, a sampling of this morning's upgrades, downgrades and initiations. I'll be back with some thought on these after I get another cup of my morning fuel (coffee).  Upgrades Sprint by UBS from Neutral to Buy with a $10 price target Res...

Samsung Suppliers Stand to Gain if the Galaxy S10 Tops a Low Bar - Tech Check

Samsung Suppliers Stand to Gain if the Galaxy S10 Tops a Low Bar - Tech Check

Samsung's latest flagship phones contain meaningful hardware improvements, and reviews have been pretty good. They're unlikely to be smash hits, but demand could be better than feared.

HP Enterprise Is Still Finding it Hard to Grow Revenue - Tech Check

HP Enterprise Is Still Finding it Hard to Grow Revenue - Tech Check

The IT hardware giant beat EPS estimates with the help of margin growth and buybacks. But revenue fell short amid lower server and IT services sales.

NetApp Downgraded to Neutral at JPMorgan

Real Money CFO Sit-Down: HPE's Tarek Robbiati Talks Tech Trajectory for 2019

Real Money CFO Sit-Down: HPE's Tarek Robbiati Talks Tech Trajectory for 2019

"We are still perceived as just a hardware company and that's not true," Robbiati said.

NetApp Upgraded to Buy at Goldman Sachs

Amazon Is Among 10 Big Stocks Set to Change Direction

Amazon Is Among 10 Big Stocks Set to Change Direction

These names are showing technical signs of either bullish or bearish reversal patterns.

What Investors Should Know as Dell Gets Set to Go Public

What Investors Should Know as Dell Gets Set to Go Public

Some parts of Dell's empire are well-positioned to grow. Others face major challenges.

NetApp's CEO: IT Spending Conditions Still Look Good

NetApp's CEO: IT Spending Conditions Still Look Good

In a talk with TheStreet, CEO George Kurian says macro conditions still bode well for IT spending, and that NetApp continues taking flash storage share from rivals.

NetApp's CEO: Cloud Software and Flash Storage Are Helping Us Grow

NetApp's CEO: Cloud Software and Flash Storage Are Helping Us Grow

Innovative flash storage offerings and software that integrates well with public clouds have helped NetApp grow in a challenging environment.

You Are Not In Love With Your Stocks. Got It?: Market Recon

You Are Not In Love With Your Stocks. Got It?: Market Recon

Your best defense against markets that twist and turn in undesirable ways is to know what you are trying to accomplish.

HPE and Dell Are Under Pressure as Amazon and Others Upend Storage

HPE and Dell Are Under Pressure as Amazon and Others Upend Storage

Cloud adoption and other trends are making life tough for the some of the storage industry's traditional giants.

NetApp Upgraded to Outperform at BMO

NetApp Raised to Buy at Longbow

Credit Suisse Raises NetApp to Neutral

NetApp Is Roaring Higher

NetApp Is Roaring Higher

This stock seems headed to eclipse the early March highs.

First Solar, NetApp, Gilead Could Profit Most on Trump's Tax Plan

First Solar, NetApp, Gilead Could Profit Most on Trump's Tax Plan

Apple isn't the biggest winner from Trump's plans for a tax holiday. These three stocks are...

NetApp upgraded at William Blair

NetApp Is Ready to Overcome Old Chart Resistance; Go Long

NetApp Is Ready to Overcome Old Chart Resistance; Go Long

Aggressive traders can buy NTAP here and on a close above $40, risking a close below $35.

NetApp upgraded at Goldman

NetApp downgraded at Credit Suisse