NetApp, Inc.’s Stock Price Slides to $109.25, Experiencing a 2% Downturn: Time to Sell or Buy?

NetApp, Inc. (NTAP)

109.25 USD -2.23 (-2.00%) Volume: 5.04M

“NetApp, Inc.’s stock price stands at 109.25 USD, experiencing a 2.00% decrease in this trading session with a trading volume of 5.04M. Despite its slight downturn, NetApp still maintains a strong market presence, although its YTD percentage change shows a 5.88% decrease, indicating a need for strategic investment decisions.”

Latest developments on NetApp, Inc.

NetApp Inc (NASDAQ:NTAP) has seen significant movements in its stock price recently. The company declared a quarterly dividend of $0.52 and reported strong revenue growth and record gross margins in its Q2 2026 earnings call. Despite a drop of over 4% following a soft revenue outlook in Q3, NetApp raised its full-year earnings and revenue forecast, leading to a rise in its stock. Analysts remain uncertain about the company’s performance in fiscal 2027, but NetApp’s AI storage success and margin recovery have contributed to positive market sentiment. With upgrades from Northland Capital Markets and increased price targets from various analysts, NetApp’s stock continues to attract investors after surpassing earnings and revenue estimates in recent quarters.

NetApp, Inc. on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been providing bullish coverage on Netapp Inc. In their research reports, they highlighted the company’s strong performance in the first quarter of fiscal year 2026, with revenues exceeding expectations driven by solid performance in the Americas. Despite challenges in the U.S. public sector and the EMEA region, Netapp Inc. showcased stability and potential opportunities in the market landscape.

Baptista Research also published another bullish report on Netapp Inc., focusing on the critical factors that will define its success in 2025 and beyond. The company reported record revenue for the fourth quarter and fiscal year 2025, demonstrating strong growth in the all-flash storage market and first-party and marketplace storage services. With a focus on AI-powered infrastructure and contributions from all-flash systems and public cloud services, Netapp Inc. is positioning itself for growth and success in the evolving enterprise AI market, as highlighted by the analysts.

A look at NetApp, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Netapp Inc, a company that provides storage and data management solutions, has received high scores in key areas according to Smartkarma Smart Scores. With a top score in Dividend and Resilience, the company shows stability and a strong commitment to rewarding shareholders. Additionally, Netapp Inc scores well in Growth and Momentum, indicating potential for future expansion and positive market performance. However, the company lags behind in the Value category, suggesting that investors may need to carefully consider the company’s current valuation before making investment decisions.

Overall, Netapp Inc‘s Smartkarma Smart Scores paint a promising picture for the company’s long-term outlook. With solid scores in Dividend, Growth, Resilience, and Momentum, Netapp Inc demonstrates strength and potential in various aspects of its business. As a provider of storage solutions to enterprises, government agencies, and universities worldwide, the company’s focus on innovation and market presence bodes well for its future performance. Investors looking for a company with a strong dividend track record and growth potential may find Netapp Inc an attractive option in the technology sector.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma