Stock events for NetApp, Inc. (NTAP)
Over the past six months, NetApp's stock price has experienced fluctuations. As of June 26, 2025, the stock was down 9.67% over the last six months and 18.44% over the past 12 months. On June 20, 2025, the share price was $102.69, a decline of 18.75% from $126.38 on June 24, 2024. Barclays upgraded NetApp from Equal-Weight to Overweight on April 30, 2025. B of A Securities upgraded NetApp from Underperform to Neutral on February 19, 2025. Susquehanna downgraded NetApp from Positive to Neutral on February 10, 2025. NetApp reported its Q3 FY2025 earnings on February 27, 2025, with revenue growth of 2% year-over-year, though the company noted inconsistent sales execution that led to some deals slipping. They also reported Q4 FY2025 results on May 29, 2025, with net revenues of $1.73 billion, a 4% increase year-over-year, and record full fiscal year 2025 revenues of $6.57 billion.
Demand Seasonality affecting NetApp, Inc.’s stock price
NetApp experiences revenue seasonality, as indicated by fluctuations in Days Sales Outstanding (DSOs) aligning with seasonal averages in Q3 FY2025. While specific details on stronger or weaker quarters are not explicitly outlined, demand for NetApp's offerings fluctuates throughout its fiscal year.
Overview of NetApp, Inc.’s business
NetApp, Inc. is an American data infrastructure company providing unified data storage, integrated data services, and cloud operations solutions to enterprise customers. Headquartered in San Jose, California, NetApp operates within the Technology sector, specifically in the Computer Hardware, Computer Peripherals, Cloud Computing, and Storage Device industries. NetApp's business is divided into Hybrid Cloud and Public Cloud segments. The Hybrid Cloud segment offers storage management and infrastructure solutions, including hardware and software, designed to modernize traditional data centers and operate with public clouds for hybrid, multi-cloud operations. The Public Cloud segment provides cloud-native storage, data services, and cloud operations solutions delivered primarily as-a-service. Major products and services include ONTAP, Hardware Appliances, Object Storage, Converged Infrastructure, Cloud Data Services, Data Management and Cloud Operations Software, Keystone, and AIPod.
NTAP’s Geographic footprint
NetApp operates globally, serving customers in various industries such as energy, financial services, government, healthcare, manufacturing, and telecommunications. The company's global headquarters are in San Jose, California, with its international headquarters located in Cork, Ireland. NetApp has a presence in the Americas, EMEA (Europe, Middle East, and Africa), and Asia-Pacific regions, with operations in approximately 26 countries.
NTAP Corporate Image Assessment
In the past year, NetApp has focused on positioning its brand around "Intelligent Data Infrastructure." NetApp was named a Customer's Choice for Primary Storage in Gartner's 2025 Voice of the Customer report. The company won the AI Infrastructure Award as part of the CRN 2024 Tech Innovator Awards for its AIPod solution. NetApp AFF C-Series was named a finalist for the CRN 2024 Products of the Year list in the Enterprise Storage category, and NetApp's hybrid cloud suite was a finalist in the Hybrid Cloud Infrastructure category. NetApp was selected as the preferred data infrastructure provider for the San Jose Sharks (NHL team) and named a Market Leader in File and Object Storage for AI in the 2024 IT Brand Leader Survey. In May 2025, NetApp partnered with NVIDIA to leverage the NVIDIA AI Data Platform reference design in the NetApp AIPod solution and with Intel to launch NetApp AIPod Mini. In April 2025, NetApp partnered with the National Football League to become the official intelligent data infrastructure partner.
Ownership
NetApp's ownership is primarily institutional, with approximately 91.82% held by institutional shareholders, including Vanguard Group Inc., BlackRock, Inc., Primecap Management Co/ca/, State Street Corp., Ameriprise Financial Inc., and Geode Capital Management, Llc. Individual insiders hold a smaller percentage of the company's stock, around 0.41% to 8.65%, including Daniel J. Warmenhoven, David Hitz, and James K. Lau.
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