At the time of writing, Netapp Inc [NTAP] stock is trading at $103.66, up 4.95%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NTAP shares have gain 3.28% over the last week, with a monthly amount glided 12.27%, 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.
For the past year, the stock price of Netapp Inc fluctuated between $71.84 and $135.45. Currently, Wall Street analysts expect the stock to reach $118 within the next 12 months. Netapp Inc [NASDAQ: NTAP] shares were valued at $103.66 at the most recent close of the market. An investor can expect a potential return of 13.83% based on the average NTAP price forecast.
Analyzing the NTAP fundamentals
According to Netapp Inc [NASDAQ:NTAP], the company’s sales were 6.57B for trailing twelve months, which represents an 3.90% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.26.
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 100.19 points at the first support level, and at 96.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 105.42, and for the 2nd resistance point, it is at 107.19.
Ratios To Look Out For
It is important to note that Netapp Inc [NASDAQ:NTAP] has a current ratio of 1.26. As well, the Quick Ratio is 1.22, while the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 3.25, the price to book ratio is 21.15 and price to earnings (TTM) ratio is 18.25.
Transactions by insiders
Recent insider trading involved DANIEL DE LORENZO, Officer, that happened on Jun 03 ’25 when 302.0 shares were purchased. CEO, Kurian George completed a deal on May 19 ’25 to sell 8500.0 shares. Meanwhile, VP, Controller & CAO De Lorenzo Daniel sold 326.0 shares on May 16 ’25.
