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NetApp (NTAP)

(Real Time Quote from BATS)

$124.54 USD

124.54
428,687

-1.63 (-1.29%)

Updated Jun 17, 2024 10:50 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%

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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%.

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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

Factors to Note Ahead of Cadence (CDNS) Q4 Earnings Release

Cadence's (CDNS) Q4 performance is likely to have benefited from its diversified product portfolio and recent acquisitions.

Palo Alto (PANW) to Report Q2 Earnings: What's in the Offing?

Heightened demand for cybersecurity solutions amid the remote-working wave is likely to have aided Palo Alto's (PANW) Q2 top line, though high expenses might have eroded the company's margins.

TripAdvisor (TRIP) to Report Q4 Earnings: What's in the Cards?

TripAdvisor's (TRIP) fourth-quarter results are expected to reflect the impacts of its focus on enhancing restaurant offerings despite the coronavirus-imposed challenges.

Garmin (GRMN) to Report Q4 Earnings: What's in the Cards?

Garmin's (GRMN) fourth-quarter 2021 results are likely to reflect strength across fitness, marine, automotive, outdoor and aviation segments. Yet, mounting expenses might have been a concern.

What to Expect Ahead of Wix's (WIX) Q4 Earnings Release?

Wix's (WIX) fourth-quarter performance is likely to benefit from continued momentum in Creative Subscriptions and Business Solutions' segments.

Tyler (TYL) to Report Q4 Earnings: What's in the Offing?

Tyler's (TYL) Q4 performance is expected to have witnessed the benefits from recent acquisitions and higher deal wins. However, higher employee healthcare expenses might have clipped operating margins.

What's in Store for Applied Materials (AMAT) in Q1 Earnings?

Applied Materials' (AMAT) fiscal first-quarter earnings are expected to reflect the impacts of the solid momentum across Semiconductor Systems Group and AGS segments.

Analog Devices (ADI) to Report Q1 Earnings: What's in Store?

Analog Devices' (ADI) fiscal first-quarter results are likely to reflect strength across automation, signal processing solutions and the battery management system.

What to Expect Ahead of Generac's (GNRC) Q4 Earnings Release?

Generac's (GNRC) fourth-quarter 2021 performance is likely to have been driven by a solid demand environment and strategic acquisitions.

Pure Storage (PSTG) to Boost Kubernetes Platform With AWS Tie-Up

Pure Storage (PSTG) partners with Amazon Web Services to help enterprises move Kubernetes workloads into production with solution development and enablement programs.

Synopsys (SNPS) to Report Q1 Earnings: What's in Store?

Synopsys' (SNPS) Q1 results are likely to have witnessed strong demand for its advanced solutions on the increased adoption of AI, 5G, the Internet of things and high-performance cloud computing.

WESCO (WCC) to Report Q4 Earnings: What's in the Cards?

WESCO's (WCC) fourth-quarter 2021 results are likely to reflect solid momentum across the company's construction, original equipment manufacturer and industrial businesses.

Airbnb (ABNB) to Report Q4 Earnings: What's in the Cards?

Airbnb's (ABNB) fourth-quarter 2021 results are likely to reflect solid momentum among hosts and guests amid the pandemic-induced uncertainties.

NVIDIA (NVDA) Set to Report Q4 Earnings: What's in Store?

Strong demand for chips used in gaming consoles and data centers amid the work-and-learn-at-home and gaming wave is likely to have aided NVIDIA Corporation's (NVDA) fourth-quarter fiscal 2022 results.

What to Expect Ahead of CDW Corporation's (CDW) Q4 Earnings?

CDW Corporation's (CDW) Q4 performance is likely to reflect higher demand for the company's products amid accelerated digital transformation by companies.

What to Expect Ahead of Sonos (SONO) Q1 Earnings Release?

Sonos' (SONO) first-quarter fiscal 2022 performance is likely to benefit from a strong demand environment. Supply chain challenges are likely to act as a headwind

Zacks Earnings ESP: A Better Way to Find Earnings Surprises for Computer and Technology

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Why the Earnings Surprise Streak Could Continue for NetApp (NTAP)

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.

Zacks Industry Outlook Highlights: NetApp, Western Digital and Pure Storage

NetApp, Western Digital and Pure Storage are highlighted in this Industry Outlook article.

Vaishali Doshi headshot

3 Storage Devices Stocks to Watch for in a Booming Industry

Momentum in cloud computing, IoT, auto, connected devices, VR and AI is expected to favor the prospects of the Zacks Computer - Storage Devices industry players like NetApp (NTAP), Western Digital (WDC) and Pure Storage (PSTG).

Super Micro Computer (SMCI) Q2 Earnings and Revenues Top Estimates

Super Micro (SMCI) delivered earnings and revenue surprises of 10% and 1.95%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Western Digital (WDC) Q2 Earnings and Revenues Top Estimates

Western Digital (WDC) delivered earnings and revenue surprises of 7.98% and 0.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

NetApp (NTAP) Up 4.2% Since Last Earnings Report: Can It Continue?

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

Pure Storage (PSTG) Rolls Out New FlashArray//XL Solution

Pure Storage (PSTG) stated that new FlashArray//XL solution, when combined with Pure Fusion, offers business enterprises a "cloud-like model" that simplifies deployment of apps.

NetApp (NTAP) Q2 Earnings & Revenues Top Estimates, Shares Up

NetApp's (NTAP) fiscal second-quarter results reflect continued strength in the Hybrid Cloud and Public Cloud segments.