NetApp (NTAP) has become a major topic of interest for investors based on its recent advancements in
cloud capabilities and
cybersecurity. The company has received upgrades from
Barclays due to its "under appreciated" cloud share growth with an expected potential of 26.63% upside in the technology sector. The company has also partnered with NFL for
advanced data infrastructure solutions which coupled with its
AI infrastructure supply has led to impressive Q3 results. Nevertheless, concerns arose due to the unexpected drop in stock price especially with the release of the Q2 2025 earnings call transcript, despite strong revenue growth in the same period. Netapp has made headlines for its AI partnership with Nvidia, providing an integral part to AI data infrastructure. However, despite these positive advancements, the fiscal end of 2020 saw a significant setback leading to a 18% price dip. Also, the company has had several transactions of shares being sold and purchased ranging from small quantities to hundreds of thousands by institutions such as
Northern Trust Corp and
Voya Investment Management LLC. Despite the ups and downs, NetApp shows great promise with its incorporation of AI technology in its operations.
Netapp NTAP News Analytics from Thu, 14 Nov 2024 08:00:00 GMT to Sat, 03 May 2025 10:33:23 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor 0
