NetApp with ticker code (NTAP) have now 20 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between 90 and 62 and has a mean target at $77.60. Given that the stocks previous close was at $76.70 this would imply there is now a potential upside of 1.2%. It’s also worth noting that there is a 50 day moving average of $77.05 and the 200 moving average now moves to $68.50. The company has a market cap of 16.20B. The current share price for the company is: 77.6 USD
The potential market cap would be $16,392,298,496 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 14.06, revenue per share of 28.85 and a 7.24% return on assets.
NetApp (NetApp) is a cloud-led, data-centric software company. The Company delivers a portfolio of cloud services, and storage infrastructure, powered by intelligent data management software. The Company operates through two segments: Hybrid Cloud and Public Cloud. Its Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Its Public Cloud segment offers a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage and data services, and cloud operations services. It offers a portfolio of cloud-connected all-flash, hybrid-flash, and object storage systems. Its solutions and services are generally available on the public clouds, including Microsoft Azure, Google Cloud Platform and Amazon AWS.
