# NetApp, Inc. – Consensus ‘hold’ rating and -3.1% Downside Potential

- Link: https://www.directorstalkinterviews.com/netapp-inc.consensus-hold-rating-and-3.1-downside-potential/4121165062
- Published: 2024-07-15T12:55:09+01:00
- Author: Charlotte Edwards

**NetApp, Inc.** with ticker code (NTAP) now have 15 analysts in total covering 
the stock. The consensus rating is pointing to ‘hold’. The target price High/Low
ranges between $155.00 and $105.00 calculating the mean target price we have $127.37.
Now with the previous closing price of $131.46 this is indicating there is a potential
downside of -3.1%. It’s also worth noting that there is a 50 day moving average 
of $119.94 and the 200 day moving average is $96.40. The market cap for the company
is 26.79B. The current stock price for The Williams Companies, Inc. is currently
$130.17 USD

 The potential market cap would be $25,955,776,566 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 28.11, 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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