Raiffeisen Bank International AG Reduces Holdings in NetApp, Inc. $NTAP
Raiffeisen Bank International AG decreased its stake in NetApp, Inc. by 29.8% in the third quarter, selling 24,972 shares and retaining 58,831 shares valued at $6,976,000. Despite this reduction, other institutional investors have increased their positions in NetApp. Analysts currently have a "Moderate Buy" consensus rating for NetApp with a target price of $122.86.
NetApp (NTAP) Receives a Rating Update from a Top Analyst
Wells Fargo analyst Aaron Rakers maintained a Hold rating on NetApp (NTAP) with a price target of $115.00, while Citi also maintained a Hold rating with a $110.00 price target. The analyst consensus for NetApp is a "Moderate Buy" with an average price target of $119.06, suggesting a 17.19% upside. NetApp recently reported quarterly revenue of $1.71 billion and a net profit of $305 million, an increase from the previous year.
NetApp Gearing Up to Report Q3 Earnings: Here's What to Expect
NetApp (NTAP) is set to release its third-quarter fiscal 2026 earnings on February 26, with non-GAAP earnings per share expected between $2.01 and $2.11, and net sales projected to be between $1.615 billion and $1.765 billion. The company anticipates continued strong demand for its all-flash arrays and cloud solutions, especially with expanding AI-related partnerships. However, an uncertain macroeconomic environment and weakness in the U.S. public sector could pose headwinds to its quarterly performance, and NetApp's current model does not predict an earnings beat.
BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $20.51 Million Stock Position in NetApp, Inc. $NTAP
BNP PARIBAS ASSET MANAGEMENT Holding S.A. significantly reduced its stake in NetApp, Inc. by 51.3% during the third quarter, now holding 174,351 shares valued at $20.51 million. Despite this reduction from one major investor, other institutional investors like Norges Bank and Geode Capital Management LLC increased their positions substantially. Wall Street analysts maintain a "Moderate Buy" consensus rating for NetApp with a consensus price target of $122.86.
Insider Sell: Lorenzo De Sells Shares of NetApp Inc (NTAP)
Lorenzo De, Vice President, Controller & Chief Accounting Officer at NetApp Inc, sold 252 shares of NetApp Inc (NTAP) on February 17, 2026, leaving him with 0 shares in the company. This transaction contributes to a trend of 1 insider buy and 27 insider sells over the past year for NetApp. The stock was trading at $101.84, and GuruFocus assesses it as "fairly valued" with a price-to-GF-Value ratio of 0.94.
Is Hewlett Packard Enterprise (HPE) Attractively Priced After Recent Share Price Pullback?
Hewlett Packard Enterprise (HPE) has experienced a recent share price pullback, raising questions about its current valuation. A Discounted Cash Flow (DCF) analysis suggests the stock is significantly undervalued by 38.3%, with a perceived intrinsic value of $34.91 per share against a current price of $21.55. Additionally, the Price to Sales (P/S) ratio also indicates undervaluation when compared to industry averages and Simply Wall St's calculated Fair Ratio, pointing to a potential investment opportunity.
12 Best Data Storage Stocks to Buy Right Now
This article identifies top data storage stocks for investment, focusing on Hewlett Packard Enterprise (HPE) as one example. It highlights HPE's strong financial performance, including a 14% year-over-year revenue growth, significant AI system orders, and expanding operating margins. Despite a lowered price target from Morgan Stanley due to industry caution, the company's commitment to shareholder returns and successful integration of Juniper Networks position it for sustained growth.
12 Best Data Storage Stocks to Buy Right Now
This article identifies Seagate Technology Holdings plc (NASDAQ:STX) as one of the best data storage stocks, highlighting its strong financial performance and positive outlook from Mizuho. Seagate reported significant sequential and year-over-year revenue growth, expanded margins, and record non-GAAP EPS in the December quarter. The company projects continued improvement in revenue and profitability through calendar year 2026, driven by its leadership in hard disk drives, solid-state drives, and storage systems.
NetApp (NTAP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
NetApp (NTAP) is expected to report an increase in year-over-year earnings and revenues for the quarter ended January 2026, with an anticipated EPS of $2.07 and revenues of $1.69 billion. However, the Zacks Earnings ESP for NTAP is -3.96% and the stock carries a Zacks Rank #4, making it difficult to definitively predict an earnings beat. Investors are advised to consider other factors alongside the Earnings ESP and Zacks Rank.
NetApp (NTAP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
NetApp (NTAP) is projected to announce a year-over-year increase in earnings and higher revenues for the quarter ended January 2026. While the consensus outlook expects $2.07 EPS (+8.4%) and $1.69 billion in revenue (+2.9%), the company's Zacks Earnings ESP is -3.96% with a Zacks Rank #4, making a positive EPS surprise difficult to predict despite beating estimates in three of the last four quarters. Investors are advised to consider other factors alongside the ESP and Zacks Rank.
Vanguard Group Inc. Cuts Stake in NetApp, Inc. $NTAP
Vanguard Group Inc. reduced its stake in NetApp, Inc. (NASDAQ:NTAP) by 1.9% in the 3rd quarter, selling over half a million shares. Despite this, Vanguard still owns a significant portion of the company, valued at over $3.2 billion. Other institutional investors have adjusted their positions, while NetApp reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.
NetApp Stock Jumps on AI Data Demand — Is the Rally Just Starting?
NetApp's stock has surged to new highs, driven by increasing Wall Street confidence in its evolution from a traditional storage vendor to an AI and cloud data infrastructure player. The company's focus on all-flash arrays, cloud storage services, and AI-ready data management, coupled with strong EPS growth and capital returns, is reshaping its market perception. Investors are now evaluating whether this AI-driven momentum can sustain double-digit earnings growth, while being mindful of potential risks like macro slowdowns, competition, and execution challenges.
NetApp Stock Jumps on AI Data Demand — Is the Rally Just Starting?
NetApp's stock has reached new highs, driven by its transition from a traditional storage vendor to a key player in AI and cloud data infrastructure. Wall Street is increasingly recognizing NetApp's potential as an "AI and data infrastructure" cash machine, backed by re-accelerating EPS growth, genuine AI revenue drivers, and strong recurring cloud revenue. The article explores whether this rally is sustainable and what it means for investors exposed to US tech and Nasdaq-heavy ETFs.
NetApp (NTAP) Receives a Rating Update from a Top Analyst
Citi analyst Asiya Merchant maintained a Hold rating on NetApp (NTAP) with a price target of $110.00, while TipRanks – OpenAI reiterated a Buy rating. NetApp reported strong financial results for the quarter ending October 24, with revenues of $1.71 billion and a net profit of $305 million, an increase from the previous year. Merchant is recognized as a top analyst with a high success rate in the Technology sector.
NetApp Gearing Up to Report Q3 Earnings: Here's What to Expect
NetApp (NTAP) is scheduled to release its third-quarter fiscal 2026 earnings on February 26, with expectations of non-GAAP earnings per share between $2.01 and $2.11 and net sales between $1.615 billion and $1.765 billion. The company is benefiting from strong demand for its all-flash arrays and cloud storage solutions, particularly its partnerships with Amazon and Microsoft. However, potential headwinds include an uncertain macroeconomic environment, weakness in the U.S. public sector, and intense competition.
Former NetApp CTO wins dismissal of lawsuit after Vast Data deal
A Florida judge has dismissed NetApp's lawsuit against its former CTO, Jonsi Stefánsson, ruling that the case should be litigated in Iceland due to a mandatory forum selection clause in his employment contract. NetApp had accused Stefánsson of breach of contract and stealing trade secrets after he left the company to form Red Stapler, which was subsequently acquired by Vast Data. The court found that Stefánsson's employment agreement and a proprietary information agreement needed to be read together, with the Icelandic jurisdiction clause taking precedence.
NetApp (NTAP) Receives a Rating Update from a Top Analyst
Citi analyst Asiya Merchant maintained a Hold rating on NetApp (NTAP) with a price target of $110.00. Merchant is a top analyst with a strong track record covering the Technology sector. NetApp reported a quarterly revenue of $1.71 billion and a net profit of $305 million in its latest earnings.
Court dismisses NetApp complaint against ex-CTO now at VAST, but NetApp is appealing
A Florida court has dismissed NetApp's complaint against its former CTO and SVP, Jonsi Stefánsson, who now works at VAST Data. The court cited jurisdictional issues, determining that Icelandic courts held jurisdiction based on Stefánsson's employment contract and PIIA. NetApp has appealed this decision and is pursuing separate legal actions in Iceland.
Aberdeen Group plc Raises Position in NetApp, Inc. $NTAP
Aberdeen Group plc significantly increased its stake in NetApp, Inc. by 15.3% in Q3, now owning 192,421 shares valued at approximately $22.49 million, pushing institutional ownership to 92.17%. NetApp also reported strong Q3 earnings, beating EPS and revenue estimates, and announced a quarterly dividend of $0.52 per share. Despite a slight dip in stock price, analysts maintain a "Moderate Buy" consensus rating with an average target price of $122.86.
Aston Martin F1 Team and NetApp roll out new technology for a new era
The Aston Martin F1 Team has partnered with NetApp to implement new technology at their state-of-the-art Technology Campus. This new facility consolidates all operations under one roof, improving communication and logistics for the team. The partnership with NetApp is crucial for managing the massive amounts of data generated during race weekends, from design and timing to strategy and simulation.
Can AI save the storage admin?
AI is becoming crucial in mitigating the complexities of storage management, intensified by the surge in data from private AI initiatives. Many enterprise storage vendors are integrating AI capabilities into their management tools to automate tasks, optimize performance, and address compliance, offering significant time savings for storage administrators. Evaluating these AI features is now a priority for storage buyers to ensure efficient data stewardship.
NetApp, Inc. $NTAP Shares Sold by Shell Asset Management Co.
Shell Asset Management Co. significantly reduced its stake in NetApp, Inc. (NASDAQ:NTAP) by 64% in Q3, selling 11,352 shares and retaining 6,373 shares valued at approximately $755,000. Despite this, NetApp delivered strong quarterly results, beating EPS and revenue estimates, and provided positive FY2026 guidance. Institutional ownership remains high at 92.17%, with other major funds increasing or establishing positions.
NetApp Stock Forecast: Are Analysts Optimistic or Pessimistic?
NetApp (NTAP) stock has underperformed the broader market, despite a recent bump due to lower inflation data. Analyst opinions are mixed but lean towards a "Moderate Buy" with a target upside of 20%, though some recent downgrades temper enthusiasm. The company specializes in data management and cloud storage solutions, with projected earnings per share growth for the fiscal year ending April 2026.
Western Digital has exhausted its HDD production capacity for the entire year of 2026 due to the AI boom
Western Digital has completely sold out its HDD production capacity for the entire year of 2026, driven primarily by the high demand from AI hyperscalers and corporate clients. The cloud segment now accounts for 89% of the company's total revenue, with HDDs remaining the most economical solution for large-scale data storage required by AI. This early booking in February 2026 highlights the significant impact of the AI boom on data storage infrastructure.
NetApp outlines AI-ready data infrastructure strategy for India at INSIGHT Xtra Mumbai 2026
NetApp introduced its AI-ready data infrastructure strategy for India at INSIGHT Xtra Mumbai 2026, aiming to help organizations overcome challenges in scaling AI adoption. The company launched AFX systems and the AI Data Engine (AIDE), co-engineered with NVIDIA, to simplify AI data management and enhance performance. This strategy also emphasizes robust security and aligns with national initiatives like Digital India and the India AI Mission.
NetApp, Inc. $NTAP Shares Sold by Todd Asset Management LLC
Todd Asset Management LLC significantly reduced its stake in NetApp (NASDAQ:NTAP) by 22.6% in the third quarter, selling over 63,000 shares, though it still holds approximately 0.11% of the company. Despite this sale, NetApp recently exceeded Q3 earnings expectations and issued optimistic FY2026 guidance. The company also announced a quarterly dividend and currently holds an average analyst rating of "Moderate Buy."
ABN Amro Investment Solutions Decreases Stock Position in NetApp, Inc. $NTAP
ABN Amro Investment Solutions reduced its stake in NetApp, Inc. (NASDAQ:NTAP) by 30.4% in the third quarter, selling 13,205 shares and holding 30,167 shares valued at $3.57 million. The company reported strong Q3 earnings, beating analyst estimates with an EPS of $2.05 and revenue of $1.71 billion, and set a positive FY2026 EPS guidance. NetApp maintains a "Moderate Buy" consensus rating from analysts with an average price target of $123.93.
Assessing NetApp (NTAP) Valuation After Earnings Beat And Supportive Interest Rate Expectations
NetApp (NTAP) has seen positive momentum following better-than-expected earnings and revenue, coupled with a favorable interest rate environment. Despite a recent 1-year share price decline, longer-term holders have experienced significant gains. The company is currently considered 16.6% undervalued, with a fair value estimate of $122.81, supported by growth in subscription-based services like Keystone Storage.
NetApp Stock Forecast: Are Analysts Optimistic or Pessimistic?
NetApp (NTAP) has underperformed the S&P 500 and the technology sector over the past year, despite a recent stock climb due to lower-than-anticipated inflation data. Analyst sentiment is mixed but leans towards "Moderate Buy," with an average price target suggesting a 20% upside, although some analysts have downgraded the stock citing hardware budget concerns. The company specializes in data management and cloud storage solutions, serving organizations with hybrid and multi-cloud infrastructures.
Seagate stock price slips into Presidents Day break as $600 million note swap nears (STX)
Seagate Technology Holdings plc (STX) saw its stock price decline by 1.2% to $425.99 on Friday, ahead of the Presidents Day holiday, and after recently hitting a 52-week high. The company is nearing a $600 million note swap, converting debt into cash and shares, which will reduce its debt load but dilute existing equity. Investors are also anticipating upcoming public appearances by Seagate's management for further insights into pricing, supply discipline, and data-center demand.
Western Digital (WDC) stock price: What to watch after Friday’s dip into a Fed-heavy week
Western Digital (WDC) stock closed at $281.58 on Friday after a 0.9% dip, ahead of a Fed-heavy week with investors awaiting Fed minutes and inflation numbers. A director recently transferred shares, and the company reported strong Q2 results driven by the AI-driven data economy, projecting increased revenue and margins for Q3. The broader market sentiment, influenced by macro releases like the PCE price index, is expected to significantly impact tech and growth stocks, including WDC.
Caprock Group LLC Acquires Shares of 11,118 NetApp, Inc. $NTAP
Caprock Group LLC has acquired 11,118 shares of NetApp, Inc. (NASDAQ:NTAP) totaling approximately $1.25 million, marking a new position for the institutional investor. This acquisition contributes to NetApp's high institutional ownership of 92.17%, with other major investors like Vanguard Group and Geode Capital Management also increasing their stakes. Analysts generally rate NetApp as a "Moderate Buy" with an average price target of $123.93, following the company's strong Q3 earnings beat and positive FY2026 guidance.
NETAPP INC (NASDAQ:NTAP) Passes a Rigorous Dividend Longevity Screen
NetApp Inc. (NASDAQ: NTAP) has passed a rigorous dividend longevity screen, making it an attractive option for income-oriented investors. The company demonstrates a solid earnings engine with high profitability, good returns on capital, and a consistent history of positive earnings and operating cash flow. Furthermore, NetApp offers a fair dividend yield with a low and steady payout ratio, supported by a healthy balance sheet and what appears to be a fair stock valuation.
Cisco Announces Silicon One G300, Advanced Systems and Optics
Cisco has unveiled its new Silicon One G300 102.4 Tbps switching silicon, along with advanced N9000 and 8000 systems and optics, designed to power and scale AI data centers. These innovations aim to improve energy efficiency by nearly 70%, lower operating costs, and simplify operations for hyperscalers, neoclouds, service providers, and enterprises building AI infrastructure. The G300, which features Intelligent Collective Networking, is expected to enhance network utilization by 33% and reduce AI job completion time by 28%.
NetApp Insider Sales Pattern Emerges As Shares Screen As Undervalued
NetApp (NasdaqGS:NTAP) has experienced a pattern of insider sales, including a recent transaction by Executive Vice President Elizabeth O'callahan. Despite these sales, NetApp's shares are considered undervalued, trading about 38.5% below its estimated fair value and 16.6% below the analyst price target. Investors are advised to consider insider activity alongside fundamental data, valuation, and personal risk profiles, as short-term momentum is currently weak.
Is It Time To Reconsider NetApp (NTAP) After Recent Share Price Weakness?
This article analyzes NetApp (NTAP) following recent share price declines, concluding that the stock appears undervalued. Using Discounted Cash Flow and Price-to-Earnings ratio analyses, Simply Wall St suggests NetApp is trading below its intrinsic value. The article encourages investors to consider their own narratives and assumptions regarding NetApp's future potential in AI and hybrid cloud solutions.
Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat Stocks Trade Up, What You Need To Know
Several stocks, including Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat, saw a jump in their share prices following a softer-than-anticipated Consumer Price Index (CPI) report. The cooling inflation figures have increased investor optimism for potential interest rate cuts by the Federal Reserve, leading to a rally in stocks, especially impacting smaller companies. NetApp is highlighted with further details on its recent stock performance and historical returns.
Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat Stocks Trade Up, What You Need To Know
Several stocks, including Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat, experienced a jump in value following a softer-than-anticipated Consumer Price Index (CPI) report. This fueled investor optimism for potential interest rate cuts by the Federal Reserve, leading to a rally in both stocks and Treasuries. The article details the specific percentage gains for each company and provides further context on NetApp's recent performance.
Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat Stocks Trade Up, What You Need To Know
Several stocks, including Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat, saw a jump in afternoon trading following a softer-than-expected Consumer Price Index (CPI) report. The favorable CPI data increased investor optimism for potential interest rate cuts by the Federal Reserve, leading to a rally in both stocks and Treasuries. NetApp, in particular, has experienced some volatility but today's move signals a meaningful reaction to the news, though not a fundamental shift in perception.
Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat Stocks Trade Up, What You Need To Know
Stocks for Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat all traded up following a softer-than-anticipated Consumer Price Index (CPI) report. This fueled investor optimism for interest rate cuts by the Federal Reserve, as prices rose a lower-than-forecast 0.2% from December to January. The news prompted a rally in stocks and Treasuries, particularly impacting the Russell 2000 index and several individual companies.
Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat Stocks Trade Up, What You Need To Know
Shares of Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat all saw gains after a Consumer Price Index (CPI) report came in lower than anticipated, increasing investor optimism for potential interest rate cuts by the Federal Reserve. The softened inflation data, with prices rising 0.2% from December to January against a 0.3% forecast, is leading to increased bets on multiple rate reductions this year, stimulating a market rally. NetApp's shares, in particular, remain somewhat volatile but were positively impacted by the news, though they are still down for the year.
Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat Stocks Trade Up, What You Need To Know
Shares of Jacobs Solutions, Planet Labs, NetApp, TaskUs, and Viasat all rose significantly after the latest Consumer Price Index (CPI) report came in softer than expected, leading to increased investor optimism for Federal Reserve interest rate cuts. Many stocks jumped in the afternoon session, with the Russell 2000 index showing a particularly strong positive reaction. NetApp, despite recent volatility, saw a 4.7% increase, indicating the market views this news as meaningful for the business.
IBM FlashSystem adds 105 TB modules with agentic AI smarts
IBM has updated its FlashSystem line of all-flash arrays, introducing new high-capacity flash modules and AI-driven data placement capabilities. The refresh includes three new FlashSystem arrays (5600, 7600, 9600) and the FlashSystem.ai management software, which leverages AI agents for ransomware detection, automated recovery, and performance tuning. IBM's custom 105 TB FlashCore Modules, which integrate FPGAs, differentiate its approach by offering deep-seated security and a direct answer to the global memory shortage, competing with companies like Pure Storage and Dell.
NetApp Inc. stock underperforms Friday when compared to competitors despite daily gains
NetApp Inc. (NTAP) stock advanced 4.28% on Friday, closing at $102.42, despite the S&P 500 and Dow Jones Industrial Average also seeing gains. The company's stock, however, underperformed its competitors and remained 19.85% below its 52-week high of $127.78.
NetApp Unveils Data Management Vision; Strengthens AI Innovation Posture for ASEAN businesses
NetApp (NASDAQ: NTAP) introduced its data platform vision at INSIGHT Xtra Singapore 2026, aiming to bolster AI innovation for ASEAN businesses, projecting AI to boost the region's GDP by nearly US$1 trillion by 2030. The company's strategy focuses on enabling enterprises to scale AI from pilots to production while ensuring governance, operational stability, and addressing challenges like fragmented regulations and data sovereignty. Key innovations include the NetApp AFX systems for enterprise-grade disaggregated storage and the NetApp AI Data Engine for efficient AI data preparation and management, emphasizing cyber resilience and consistent operations across hybrid environments.
Are NetApp’s (NTAP) New Defense Contracts Quietly Redefining Its Cash Generation Story?
NetApp (NTAP) is enhancing its investment narrative through new defense contracts and robust cash generation, stemming from its enterprise data infrastructure capabilities. The company's recent participation at the WEST Conference 2026 highlighted its success in winning contracts, including its role as "Intelligent Data Infrastructure Partner" for the NFL, reinforcing its AI and analytics catalyst. Despite growth, investors should consider potential margin pressures from hyperscaler partnerships, as NetApp continues to evolve its business models.
LSV Asset Management Sells 22,455 Shares of NetApp, Inc. $NTAP
LSV Asset Management has reduced its stake in NetApp, Inc. by 4.2%, selling 22,455 shares, but still holds 516,008 shares valued at approximately $61.1 million. NetApp recently reported strong quarterly earnings, beating expectations with $2.05 EPS and $1.71 billion in revenue, and offers a quarterly dividend of $0.52. The company, which is 92.17% owned by institutional investors, has a "Moderate Buy" consensus rating and a target price of $123.93.
Oppenheimer Asset Management Inc. Purchases New Position in NetApp, Inc. $NTAP
Oppenheimer Asset Management Inc. has acquired a new stake in NetApp, Inc. (NASDAQ:NTAP), purchasing 23,219 shares valued at approximately $2.75 million during the third quarter. NetApp recently reported strong financial results, beating EPS and revenue estimates, and institutional investors now collectively own about 92.17% of the company's stock. Despite a recent stock dip, analysts maintain a "Moderate Buy" consensus rating with an average target price of $123.93.Insider selling of NetApp stock by EVP Elizabeth M. O'callahan and CAO Lorenzo Daniel De was also reported, though overall insider ownership remains at 0.28%.
AI ad of the week: NetApp invokes lemmings to illustrate risks of AI hype
NetApp's latest AI ad, created entirely with AI tool Pencil by Agency Oliver, uses the metaphor of lemmings to highlight the potential risks associated with excessive AI hype. The ad suggests a need for caution and thoughtful consideration in the rapidly evolving landscape of artificial intelligence. This creative approach garnered attention as Ad Age's "AI ad of the week."
Top Infrastructure Monitoring Tools in 2026
This article highlights NetApp's Data Infrastructure Insights as the leading solution for infrastructure monitoring in 2026, emphasizing its AI-powered, unified approach for hybrid environments. It discusses the critical need for effective monitoring tools, outlines key evaluation criteria, and compares top contenders like Datadog and Dynatrace, ultimately positioning NetApp's offering as superior for comprehensive, multi-vendor management and cost optimization.
