NetApp, Inc. with ticker code (NTAP) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between $120.00 and $85.00 suggesting an average analyst share price target price of $105.48. (at the time of writing). Given that the stocks previous close was at $109.75 this is indicating there is a potential downside of -3.9%. It’s also worth noting that there is a 50 day moving average of $104.13 and the 200 day MA is $87.64. The company has a market cap of 22.80B. The stock price is currently at: $110.47 USD
The potential market cap would be $21,911,456,098 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 25.16, 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.
