Netapp Inc [NTAP] stock prices are down -0.37% to $106.4 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NTAP shares have lost -3.64% over the last week, with a monthly amount drifted -9.25%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On April 30, 2025, upgrade upgraded it’s rating to Overweight but maintained its price target of $115 on the stock. TD Cowen reiterated its Buy rating and decreased its price target to $130 on February 28, 2025. BofA Securities upgraded its rating to a Neutral and raised its price target to $128 on February 19, 2025. Susquehanna downgraded its rating to Neutral for this stock on February 10, 2025. In a note dated December 16, 2024, JP Morgan upgraded an Overweight rating on this stock but restated the target price of $160.
The stock price of Netapp Inc [NTAP] has been fluctuating between $71.84 and $135.45 over the past year. Currently, Wall Street analysts expect the stock to reach $117 within the next 12 months. Netapp Inc [NASDAQ: NTAP] shares were valued at $106.4 at the most recent close of the market. An investor can expect a potential return of 9.96% based on the average NTAP price forecast.
Analyzing the NTAP fundamentals
The Netapp Inc [NASDAQ:NTAP] reported sales of 6.59B for trailing twelve months, representing a surge of 1.04%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.82.
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 105.73 points at the first support level, and at 105.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.40, and for the 2nd resistance point, it is at 108.41.
Ratios To Look Out For
It’s worth pointing out that Netapp Inc [NASDAQ:NTAP]’s Current Ratio is 1.30. As well, the Quick Ratio is 1.26, while the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 3.22, the price to book ratio is 21.83 and price to earnings (TTM) ratio is 18.80.
Transactions by insiders
Recent insider trading involved DANIEL DE LORENZO, Officer, that happened on Nov 17 ’25 when 327.0 shares were purchased. EVP, Chief Admin. Officer, O’Callahan Elizabeth M completed a deal on Nov 10 ’25 to sell 1000.0 shares. Meanwhile, Officer ELIZABETH O’CALLAHAN bought 1000.0 shares on Nov 10 ’25.
