NetApp, Inc. with ticker code (NTAP) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $120.00 and $78.00 with the average target price sitting at $98.93. Given that the stocks previous close was at $105.31 this now indicates there is a potential downside of -6.1%. Also worth taking note is the 50 day moving average now sits at $88.20 and the 200 day moving average is $79.64. The company has a market capitalization of 21.29B. The current stock price for Microsoft Corporation is currently $103.33 USD
The potential market cap would be $19,999,421,705 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 23.97, revenue per share of $29.40 and a 8.02% return on assets.
NetApp, Inc. (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.
