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NetApp (NTAP)

(Real Time Quote from BATS)

$124.82 USD

124.82
255,383

-1.35 (-1.07%)

Updated Jun 17, 2024 10:16 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value B Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 28% (71 out of 250)

Industry: Computer- Storage Devices

Better trading starts here.

Zacks News

NetApp (NTAP) to Slash Workforce by 8% Amid Economic Downturn

NetApp (NTAP) plans to reduce its workforce by 8% and incur restructuring charges of $85-$95 million mostly in the third quarter of fiscal 2023.

Why NetApp (NTAP) is Poised to Beat Earnings Estimates Again

NetApp (NTAP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

How to Find Strong Computer and Technology Stocks Slated for Positive Earnings Surprises

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Zacks Industry Outlook Highlights NetApp, Pure Storage and Super Micro Computer

NetApp, Pure Storage and Super Micro Computer have been highlighted in this Industry Outlook article.

Vaishali Doshi headshot

3 Storage Devices Stocks to Watch for in a Challenging Industry

Despite macroeconomic headwinds and supply chain troubles, momentum in cloud computing, IoT, auto, connected devices, VR and AI will likely favor the prospects of the Zacks Computer - Storage Devices industry players like NTAP, PSTG and SMCI.

The Zacks Analyst Blog Highlights NetApp, Avnet, Broadcom and Texas Instruments

NetApp, Avnet, Broadcom and Texas Instruments are included in this Analyst Blog.

NetApp (NTAP) Down 14% Since Last Earnings Report: Can It Rebound?

NetApp (NTAP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Anirudha Bhagat headshot

4 Dividend-Paying Tech Stocks to Curb Market Volatility Risk

Here we discuss four dividend-paying tech stocks - NTAP, AVT, AVGO and TXN - that may help investors curb the downside risk of current high market volatility environment.

Are Options Traders Betting on a Big Move in NetApp (NTAP) Stock?

Investors need to pay close attention to NetApp (NTAP) stock based on the movements in the options market lately.

Company News for Dec 1, 2022

Companies In The News Are: WDAY, NTAP, INTU, DOOO.

NetApp (NTAP) Q2 Earnings Top Estimates, Outlook Tweaked

NetApp's (NTAP) fiscal second-quarter performance benefits from strong product revenue growth. The deceleration in cloud services' revenue growth acts as a dampener.

NetApp (NTAP) Q2 Earnings Surpass Estimates

NetApp (NTAP) delivered earnings and revenue surprises of 10.45% and 0.55%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

NetApp (NTAP) to Report Q2 Earnings: Here's What to Expect

NetApp's (NTAP) fiscal second-quarter performance is likely to have been aided by strength in the Public Cloud Services and all-flash storage business.

NetApp (NTAP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NetApp (NTAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why NetApp (NTAP) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

LightPath Technologies, Inc. (LPTH) Reports Q1 Loss, Misses Revenue Estimates

LightPath Technologies, Inc. (LPTH) delivered earnings and revenue surprises of -600% and 35.32%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Should Value Investors Consider NetApp (NTAP) Stock Now?

Let's see if NetApp, Inc. (NTAP) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Why NetApp (NTAP) Could Beat Earnings Estimates Again

NetApp (NTAP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

PerkinElmer (PKI) Q3 Earnings Surpass Estimates

PerkinElmer (PKI) delivered earnings and revenue surprises of 2.03% and 30.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Here's How Investors Can Find Strong Computer and Technology Stocks with the Zacks ESP Screener

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Super Micro (SMCI) Soars 10.3%: Is Further Upside Left in the Stock?

Super Micro (SMCI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Here's Why NetApp (NTAP) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

The Zacks Analyst Blog Highlights Broadcom, Analog Devices, NetApp and Amdocs

Broadcom, Analog Devices, NetApp and Amdocs are part of The Zacks top Analyst Blog.

Anirudha Bhagat headshot

4 Dividend-Paying Stocks to Watch in the Technology Sector

Here we have shortlisted four dividend-paying tech stocks - AVGO, ADI, NTAP and DOX - that may fetch promising returns amid the current highly volatile market environment.