Rhumbline Advisers,
NBC Securities Inc.,
GAMMA Investing LLC and
Two Sigma Investments LP are among the investment firms showing increasing interest in
NetApp, Inc. (NASDAQ:NTAP). Despite recent
earnings guidance misses, there is a broad
consensus target price of $119.27 from analysts, suggesting a positive outlook for the stock's future. NetApp's Q4 2025 performance showcased
record revenue and
strategic AI growth, but they need to further attest their capabilities for significant revenue expansion.
Citi has raised its target price for NetApp to $110, and
JPMorgan Chase & Co. cut NetApp price target to $115.00. The company's partnership with
NVIDIA to improve AI data management solutions might be key to answering crucial questions about its future trajectory. The company also posted mixed reactions to its
Q4 earnings, indicating possible signs of inconsistency. However,
Wissam Jabre's appointment as EVP and CFO, and departure of EVP Harvinder Bhela might impact the company's operations and, consequently, the stock performance.
Netapp NTAP News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Sat, 07 Jun 2025 10:55:28 GMT -
Rating 5
- Innovation 0
- Information 6
- Rumor -2
