# NetApp, Inc. – Consensus ‘hold’ rating and 5.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/netapp-inc.consensus-hold-rating-and-5.4-upside-potential/4121133455
- Published: 2023-11-20T13:48:35+00:00
- Author: Charlotte Edwards

**NetApp, Inc.** with ticker code (NTAP) now have 18 analysts in total covering 
the stock. The consensus rating is pointing to ‘hold’. The target price High/Low
ranges between $100.00 and $63.00 and has a mean target at $80.90. Given that the
stocks previous close was at $76.79 this now indicates there is a potential upside
of 5.4%. The 50 day MA is $75.67 while the 200 day moving average is $71.34. The
market capitalization for the company is 16.19B. The current stock price for Microsoft
Corporation is currently $77.52 USD

 The potential market cap would be $17,051,766,921 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 14.04, revenue per share of $28.85
and a 7.24% 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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