Headquartered in San Jose, CA Fiscal year ends April NASDAQ: NTAP netapp.com
NetApp is an enterprise data infrastructure company that provides storage, data management, and cloud services to organizations worldwide. The company operates through two primary segments: Hybrid Cloud, which delivers on-premises and hybrid storage solutions including all-flash arrays, hybrid-flash systems, and related support and professional services; and Public Cloud, which provides cloud-native data storage and management services embedded in major hyperscaler platforms including Azure NetApp Files. NetApp's core software platform, ONTAP, serves as a unified data management operating system across on-premises and cloud environments. The company serves enterprises seeking to manage, protect, and activate data across hybrid multi-cloud environments, with growing demand driven by AI workload infrastructure, data protection, and cloud migration needs. NetApp generates revenue from hardware product sales, recurring support services, professional services, and cloud consumption-based subscriptions. Updated
NetApp is handing shareholders the most cash today, about $102 million at 52 cents a share, landing October 28. Four other companies are paying out alongside it, bringing the day's total past $177 million.
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Friday's top analyst upgrades and downgrades included Abercrombie & Fitch, Amazon.com, AMC Entertainment, Analog Devices, Discover Financial Services, Estee Lauder, Foot Locker, International Flavors & Fragrances, NetApp, Nvidia, Peloton Interactive and Xcel…
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NetApp is an enterprise data infrastructure company that provides storage, data management, and cloud services to organizations worldwide.
24/7 Wall St.'s 12-month price target for NTAP is $268.57, rated Buy. The Wall Street consensus target is $211.69. NTAP price prediction →
