# NetApp, Inc. – Consensus ‘hold’ rating and 1.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/netapp-inc.consensus-hold-rating-and-1.0-upside-potential/4121165703
- Published: 2024-07-22T12:59:11+01:00
- Author: Charlotte Edwards

**NetApp, Inc.** which can be found using ticker (NTAP) have now 15 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘hold’. The range between
the high target price and low target price is between $155.00 and $105.00 calculating
the average target price we see $127.37. Given that the stocks previous close was
at $126.09 this indicates there is a potential upside of 1.0%. There is a 50 day
moving average of $122.32 while the 200 day moving average is $97.72. The total 
market capitalization for the company now stands at 25.98B. The stock price is currently
at: $126.22 USD

 The potential market cap would be $26,240,026,345 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 27.26, revenue per share of $30.14
and a 8.04% return on assets.

NetApp, Inc. (NetApp) is a cloud-led, data-centric software company. The Company
delivers a portfolio of cloud services, and storage infrastructure, powered by intelligent
data management software. The Company operates through two segments: Hybrid Cloud
and Public Cloud. Its Hybrid Cloud segment offers a portfolio of storage management
and infrastructure solutions that help customers recast their data centers with 
the power of cloud. This portfolio is designed to operate with public clouds to 
unlock the potential of hybrid, multi-cloud operations. Its Public Cloud segment
offers a portfolio of products delivered primarily as-a-service, including related
support. This portfolio includes cloud storage and data services, and cloud operations
services. It offers a portfolio of cloud-connected all-flash, hybrid-flash, and 
object storage systems. Its solutions and services are generally available on the
public clouds, including Microsoft Azure, Google Cloud Platform and Amazon AWS.

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