A share price of Netapp Inc [NTAP] is currently trading at $121.82, up 3.25%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NTAP shares have gain 2.80% over the last week, with a monthly amount drifted -1.06%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Barclays upgraded its rating to Overweight on April 30, 2025, and kept the price target unchanged to $115. On February 28, 2025, TD Cowen reiterated its Buy rating and revised its price target to $130 on the stock. BofA Securities upgraded its rating to a Neutral and increased its price target to $128 on February 19, 2025. Susquehanna downgraded its rating to a Neutral. JP Morgan upgraded its rating to Overweight for this stock on December 16, 2024, but kept the price target unchanged to $160. In a note dated November 22, 2024, TD Cowen reiterated an Buy rating on this stock and boosted its target price from $145 to $160.
Netapp Inc experienced fluctuations in its stock price throughout the past year between $71.84 and $135.45. Currently, Wall Street analysts expect the stock to reach $117 within the next 12 months. Netapp Inc [NASDAQ: NTAP] shares were valued at $121.82 at the most recent close of the market. An investor can expect a potential drop of -3.96% based on the average NTAP price forecast.
Analyzing the NTAP fundamentals
Trailing Twelve Months sales for Netapp Inc [NASDAQ:NTAP] were 6.59B which represents 1.04% growth. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 1.2 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.82.
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 119.24 points at the first support level, and at 116.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 123.18, and for the 2nd resistance point, it is at 124.54.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Netapp Inc [NASDAQ:NTAP] is 1.30. In addition, the Quick Ratio stands at 1.26 and the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 3.69, the price to book ratio is 24.99 and price to earnings (TTM) ratio is 21.52.
Transactions by insiders
Recent insider trading involved De Lorenzo Daniel, VP, Controller & CAO, that happened on Sep 25 ’25 when 779.0 shares were sold. Officer, DANIEL DE LORENZO completed a deal on Sep 25 ’25 to buy 779.0 shares. Meanwhile, CEO Kurian George sold 8750.0 shares on Sep 17 ’25.
