NetApp, Inc. which can be found using ticker (NTAP) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $155.00 and $108.00 calculating the mean target price we have $132.17. Given that the stocks previous close was at $122.92 this indicates there is a potential upside of 7.5%. It’s also worth noting that there is a 50 day moving average of $123.64 and the 200 day moving average is $108.22. The market capitalization for the company is 25.18B. Currently the stock stands at: $122.95 USD
The potential market cap would be $27,072,776,191 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 24.06, revenue per share of $30.88 and a 9.16% 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.
