NetApp, Inc. (NTAP)

Over the past six months, NetApp's stock has experienced fluctuations. As of July 21, 2025, the stock was down 10.96% over the last six months and down 16.27% over the past 12 months. Key events impacting the stock include earnings reports, where NetApp reported record results for fiscal year 2025; analyst rating changes from Barclays, B of A Securities, and Susquehanna; and product and strategic announcements, including refreshing its enterprise storage portfolio and expanding into AI and cloud-based services.

NetApp's demand can be influenced by seasonal effects, particularly for consumable items, and also by broader supply chain disruptions. As recurring services and cloud revenue increase, historical seasonal patterns may become less pronounced. The company's fiscal year ends on the last Friday in April, with an additional week included in the first fiscal quarter approximately every six years. The AIPod Mini product is designed to analyze historical sales data and seasonal trends to predict future product demand more accurately.

NetApp is a global data infrastructure company providing unified data storage, integrated data services, and CloudOps solutions. Its core business involves helping organizations manage and store data across on-premises, hybrid, and multi-cloud environments. The company offers data management software including NetApp ONTAP, storage infrastructure solutions like All-Flash FAS series, cloud storage and data services such as NetApp Cloud Volumes ONTAP, cloud operations services like Spot Ocean Kubernetes Suite, application-aware data management under NetApp Astra, and professional and support services. NetApp serves diverse industries including energy, financial services, government, and technology.

NetApp has a global presence with its headquarters in San Jose, California, and an international headquarters in Cork, Ireland. Its operations span the Americas, EMEA, and Asia-Pacific regions. The company has numerous office locations across the United States, including Boulder and New York City; Europe, Middle East, and Africa, including Paris and Dubai; and Asia Pacific, including Brisbane and Lumpini.

In the past year, NetApp has received positive recognition, including being named a Customers' Choice in the 2025 Gartner Peer Insights 'Voice of the Customer' for Primary Storage Platforms and receiving the 2025 Google Cloud Infrastructure Modernization Partner of the Year for Storage award. The company has refreshed its storage portfolio and introduced updates to its ASA block-optimized family and EF portfolio. Customer feedback has highlighted concerns regarding service and sales responsiveness, and the cost of NetApp products.

NetApp has a mixed ownership structure, primarily held by institutional investors, who own approximately 91.83% of the stock. Major institutional owners include Vanguard Group Inc and BlackRock, Inc. Daniel J. Warmenhoven is the largest individual shareholder, owning 2.66% of the company. Insiders hold approximately 8.65% of the stock. Retail investors hold a smaller percentage.