NetApp is the data authority for the hybrid cloud. The company's product, services and solutions portfolio include: cloud data services, which include the NetApp Data Fabric, which manages, secures, and protects the data of its customers from on-premises to public to hybrid cloud; cloud infrastructure, which helps customers build cloud-architected data centers; storage systems and software, which enables customers to modernize their IT architectures with cloud-connected flash to free the resources necessary; and support services, which enable a portfolio of technical services including independent support services, support account managers, residency services, and managed services.
  • TickerNTAP
  • ISINUS64110D1046
  • ExchangeNASDAQ Stock Market
  • SectorTechnology Hardware & Equipment
  • CountryUnited States

An unfavourable environment weighs on NETAPP, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of NETAPP (US), active in the Computer Hardware industry. As regards its fundamental valuation, the title still shows 2 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 11, 2020, the closing price was USD 43.57 and its target price was estimated at USD 34.51.

Wedbush Research

Wedbush Morning Call - Aug 10 2020 6:58AM

Wedbush Research

Wedbush Morning Call - Jul 26 2020 6:53PM

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Wedbush Research

Wedbush Morning Call - Aug 10 2020 6:58AM

Wedbush Research

Wedbush Morning Call - Jul 26 2020 6:53PM

NetApp, Inc. - April 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

NetApp, Inc.: Updated analysis following ratings affirmation

NetApp’s has strong liquidity and we expect a conservative financial strategy. The company has a strong storage portfolio but it faces low growth prospects as cloud adoption is accelerating.

Moody's assigns Baa2 rating to NetApp's senior notes

Rating Action: Moody's assigns Baa2 rating to NetApp's senior notes. Global Credit Research- 17 Jun 2020. New York, June 17, 2020-- Moody's Investors Service affirmed NetApp, Inc.' s existing Baa2 senior unsecured and Prime-2 short-term ratings, and assigned a Baa2 rating to the proposed senior notes that will be issued under an existing shelf registration.

NetApp, Inc. - January 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

NetApp, Inc.: Update to credit analysis

NetApp has a strong financial profile with low debt and a net cash position. Its financial strength offsets risks from the shift to cloud computing and mature growth prospects

An unfavourable environment weighs on NETAPP, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of NETAPP (US), active in the Computer Hardware industry. As regards its fundamental valuation, the title still shows 2 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 11, 2020, the closing price was USD 43.57 and its target price was estimated at USD 34.51.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch