Netapp Inc [NTAP] stock is trading at $99.78, up 0.21%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NTAP shares have lost -0.04% over the last week, with a monthly amount glided 17.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Netapp Inc [NASDAQ: NTAP] stock has seen the most recent analyst activity on April 30, 2025, when Barclays upgraded its rating to a Overweight but kept the price target unchanged to $115 for it. Previously, TD Cowen reaffirmed its Buy rating on February 28, 2025, and dropped its price target to $130. On February 19, 2025, upgrade upgraded it’s rating to Neutral and revised its price target to $128 on the stock. Susquehanna downgraded its rating to a Neutral. JP Morgan upgraded its rating to a Overweight but $160 remained the price target by the analyst firm on December 16, 2024. TD Cowen reiterated a Buy rating for this stock on November 22, 2024, and upped its price target to $160. In a note dated November 15, 2024, Cleveland Research initiated an Neutral rating.
Netapp Inc [NTAP] stock has fluctuated between $71.84 and $135.45 over the past year. Currently, Wall Street analysts expect the stock to reach $130 within the next 12 months. Netapp Inc [NASDAQ: NTAP] shares were valued at $99.78 at the most recent close of the market. An investor can expect a potential return of 30.29% based on the average NTAP price forecast.
Analyzing the NTAP fundamentals
Netapp Inc [NASDAQ:NTAP] reported sales of 6.51B for the trailing twelve months, which represents a growth of 2.56%. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 1.15 and Total Capital is 0.28. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 98.93 points at the first support level, and at 98.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 100.57, and for the 2nd resistance point, it is at 101.36.
Ratios To Look Out For
For context, Netapp Inc’s Current Ratio is 0.92. Also, the Quick Ratio is 0.85, while the Cash Ratio stands at 0.36. Considering the valuation of this stock, the price to sales ratio is 3.16, the price to book ratio is 20.36 and price to earnings (TTM) ratio is 18.46.
Transactions by insiders
Recent insider trading involved Kurian George, CEO, that happened on May 19 ’25 when 8500.0 shares were sold. VP, Controller & CAO, De Lorenzo Daniel completed a deal on May 16 ’25 to sell 326.0 shares. Meanwhile, Officer GEORGE KURIAN bought 8500.0 shares on May 19 ’25.
