MARKET COMPOSITE
NTAP - Netapp Inc8:00:00 PM 4/23/2024
Price
$99.42
+ 1.51 (1.54%)
NetApp, Inc. is an American hybrid cloud data services and data management company headquartered in Sunnyvale, California. It has ranked in the Fortune 500 since 2012. Founded in 1992 with an IPO in 1995, NetApp offers hybrid cloud data services for management of applications and data across cloud and on-premises environments. NetApp was founded in 1992 by David Hitz, James Lau, and Michael Malcolm as Network Appliance, Inc. At the time, its major competitor was Auspex Systems. In 1994, NetApp received venture capital funding from Sequoia Capital. It had its initial public offering in 1995. NetApp thrived in the internet bubble years of the mid 1990s to 2001, during which the company grew to $1 billion in annual revenue. After the bubble burst, NetApp's revenues quickly declined to $800 million in its fiscal year 2002. Since then, the company's revenue has steadily climbed.
Financials
Quarterly financials
(USD)Jan 2024Q/Q
Revenue1.6B+3%
Gross Profit1.2B+4%
Cost Of Revenue455MM+1%
Operating Income366MM+20%
Operating Expenses785MM-3%
Net Income313MM+34%
R&D249MM-5%
G&A81MM+8%
Marketing439MM-5%
Amortization14MM-
Interest Expense17MM+13%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    SAN JOSE, Calif., April 23, 2024--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today released its second annual Cloud Complexity Report. The report analyzes the experiences of global technology decision makers deploying AI at scale and shows a stark contrast between AI leaders and AI laggards. This year’s report provides global insights into the progress, readiness, challenges, and momentum since last year’s report, what we can learn from both the AI leaders and AI laggar

    NetApp Inc (NASDAQ:NTAP), a company specializing in hybrid cloud data services and data management, has reported an insider sell according to a recent SEC filing.

    NetApp (NTAP) expects momentum in all-flash products, and hyper-scaler first-party and marketplace services to drive the top line amid uncertainty prevailing over macroeconomic conditions.

    NetApp, Caterpillar, Dick's Sporting Goods, KB Home and Applied Materials have been highlighted in this Screen of The Week article.

    NetApp (NTAP), Caterpillar (CAT), Dick's Sporting Goods (DKS), KB Home (KBH) and Applied Materials (AMAT) could be solid choices for your portfolio amid volatility.

    SAN JOSE, Calif., April 10, 2024--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced an expansion of its partnership with Google Cloud to make it easier for organizations to leverage their data for generative AI (GenAI) and other hybrid cloud workloads. NetApp and Google Cloud are announcing the Flex service level for Google Cloud NetApp Volumes which supports storage volumes of nearly any size. NetApp is also releasing a preview of its GenAI toolkit reference a

    Key Insights The projected fair value for NetApp is US$123 based on 2 Stage Free Cash Flow to Equity Current share...

    SAN JOSE, Calif., April 09, 2024--NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, announced it has received the 2024 Google Cloud Technology Partner of the Year Award in the Infrastructure - Storage category for Google Cloud NetApp Volumes. For the second year in a row, NetApp is recognized for its achievements in the Google Cloud ecosystem, helping joint customers deploy solutions that enable them to easily migrate, deploy, and manage data and workloads in Google Cloud with

    On April 1, 2024, President Cesar Cernuda of NetApp Inc (NASDAQ:NTAP) sold 22,000 shares of the company, according to a recent SEC filing.

    NetApp Inc's Dividend Analysis04-03-2024 11:05:00 AM

    NetApp Inc (NASDAQ:NTAP) recently announced a dividend of $0.5 per share, payable on 2024-04-24, with the ex-dividend date set for 2024-04-04. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into NetApp Inc's dividend performance and assess its sustainability.