NetApp's Q2 Earnings Top Estimates, Stock Up on Raised Guidance [Yahoo! Finance]
NetApp, Inc. (NTAP)
Last netapp, inc. earnings: 2/12 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.netapp.com
Company Research
Source: Yahoo! Finance
The bottom line also surpassed the company's guided range of $1.73-$1.83. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Revenues of $1.66 billion increased 6% year over year and came within the guided range of $1.565-$1.715 billion. This upside resulted from strong sales across Hybrid Cloud and Public Cloud segments, notably growth of about 19% in all-flash storage and strong growth in first-party and marketplace cloud storage services revenues. Also, the top line beat the consensus mark by 0.8%. Management has raised its outlook for fiscal 2025 driven by continued momentum across flash, block, AI and cloud storage solutions. It now expects full-year revenues in the range of $6.54-$6.74 billion, up 6% year over year at the mid-point. Earlier it anticipated sales in the band of $6.48-$6.68 billion. The company now forecasts non-GAAP earnings per share for fiscal 2025 to be between $7.20 and $7.40, up 13% year over year at the mid-point. Earlier, it e
Show less
Read more
Impact Snapshot
Event Time:
NTAP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NTAP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NTAP alerts
High impacting NetApp, Inc. news events
Weekly update
A roundup of the hottest topics
NTAP
News
- NetApp, Inc. (NASDAQ: NTAP) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $120.00 price target on the stock.MarketBeat
- NetApp, Inc. (NASDAQ: NTAP) had its price target raised by analysts at Citigroup Inc. from $130.00 to $135.00. They now have a "neutral" rating on the stock.MarketBeat
- NetApp, Inc. (NASDAQ: NTAP) had its price target raised by analysts at Stifel Nicolaus from $140.00 to $145.00. They now have a "buy" rating on the stock.MarketBeat
- NetApp, Inc. (NASDAQ: NTAP) had its price target raised by analysts at Wells Fargo & Company from $135.00 to $140.00. They now have an "equal weight" rating on the stock.MarketBeat
- NetApp, Inc. (NASDAQ: NTAP) had its price target raised by analysts at Barclays PLC from $119.00 to $132.00. They now have an "equal weight" rating on the stock.MarketBeat
NTAP
Earnings
- 11/21/24 - Beat
NTAP
Sec Filings
- 11/21/24 - Form 8-K
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- NTAP's page on the SEC website