NetApp (NASDAQ:NTAP) Updates Q4 2025 Earnings Guidance

NetApp (NASDAQ:NTAP) issued an update on its fourth quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.840-1.940 for the period, compared to the consensus earnings per share estimate of 1.990. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.8 billion. NetApp also updated its FY 2025 guidance to 7.170-7.270 EPS.

Analysts Set New Price Targets

A number of brokerages have weighed in on NTAP. Oppenheimer began coverage on NetApp in a research note on Wednesday, November 13th. They issued a “market perform” rating for the company. Wedbush reiterated a “neutral” rating and issued a $120.00 price objective on shares of NetApp in a research note on Friday, November 22nd. Keefe, Bruyette & Woods upgraded NetApp to an “outperform” rating in a research note on Wednesday, February 19th. Bank of America upgraded NetApp from an “underperform” rating to a “neutral” rating and boosted their price objective for the company from $121.00 to $128.00 in a research note on Wednesday, February 19th. Finally, Stifel Nicolaus boosted their price objective on NetApp from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, NetApp has an average rating of “Hold” and a consensus price target of $137.33.

NetApp Stock Performance

Shares of NetApp stock traded down $6.48 during trading hours on Thursday, hitting $118.01. 1,723,940 shares of the company were exchanged, compared to its average volume of 1,487,111. NetApp has a 1 year low of $86.43 and a 1 year high of $135.45. The company has a current ratio of 0.91, a quick ratio of 0.84 and a debt-to-equity ratio of 1.39. The business has a 50-day moving average of $120.19 and a 200-day moving average of $122.04. The stock has a market capitalization of $23.99 billion, a price-to-earnings ratio of 21.69, a P/E/G ratio of 2.45 and a beta of 1.23.

Insider Transactions at NetApp

In other NetApp news, CFO Michael J. Berry sold 12,500 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $120.74, for a total value of $1,509,250.00. Following the completion of the transaction, the chief financial officer now owns 123,243 shares in the company, valued at approximately $14,880,359.82. This represents a 9.21 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO George Kurian sold 8,500 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $124.29, for a total value of $1,056,465.00. Following the completion of the transaction, the chief executive officer now owns 279,782 shares of the company’s stock, valued at $34,774,104.78. The trade was a 2.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 60,903 shares of company stock worth $7,260,341 over the last 90 days. 0.47% of the stock is currently owned by insiders.

About NetApp

NetApp, Inc provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID.