NetApp, Inc. (NTAP) has been attracting significant attention in the stock market. The company’s shares have been purchased by numerous asset management corporations like
UniSuper Management, Empowered Funds, Jones Financial Companies, and Edmond DE Rothschild Holding among others. The unveiling of
StorageGRID 12.0 marked NTAP’s innovative approach to enhancing AI workloads and data security, making the company a top-ranked momentum stock. Analysts have focused on NTAP’s first-quarter earnings, guidance, dividends, and buyback update, and have generally expressed confidence in the quality of NetApp's earnings. Despite some negative movements in stock holdings by
Sandler Capital Management, Goldman Sachs Group, and Alliancebernstein. NetApp’s aggressive buyback and dividend strategy indicate a potential shift in capital allocation. The company’s strong focus on all-flash growth amidst market challenges and strategic growth outlook has been well-received. Q1 results and guidance met expectations, even though there has been a hint of federal weakness observed. Banks like the
Royal Bank of Canada and Bank of America have increased and raised their stock positions and price targets respectively. Overall, NTAP's Q2 earnings are eagerly anticipated.
Netapp NTAP News Analytics from Thu, 10 Apr 2025 07:00:00 GMT to Sat, 13 Sep 2025 23:12:04 GMT -
Rating 6
- Innovation 5
- Information 9
- Rumor 2
