NetApp Inc. ($NTAP) Stock Forecast: Down 5.1% Today

What is NetApp Inc.?

NetApp (NTAP) has experienced a notable bearish movement in the stock market recently.

Why is NetApp Inc. going down?

NTAP stock is down 5.1% on Oct 10, 2025 16:06

• Despite a 46% increase in the last six months, the stock has faced significant bearish pressure.
• Factors such as macro uncertainty and competitive challenges are believed to be influencing this downward trend.
• The company's advancements in flash, AI, and cloud technologies have been eclipsed by market conditions, contributing to the bearish movement.
• Given the existing market dynamics and competitive environment, investors might be exercising caution regarding the stock's future performance.

NTAP Price Chart

NTAP Technical Analysis

NTAP News

NetApp Rises 46% in Six Months: Where Will the Stock Head From Here?

NTAP's flash, AI and cloud gains drive strong momentum, but macro uncertainty and tough competition can slow its rally.

https://www.zacks.com/stock/news/2766050/netapp-rises-46-in-six-months-where-will-the-stock-head-from-here

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NetApp Inc. Price History

29.07.2025 - NTAP Stock was up 5.6%

• Q1 earnings and revenues for NetApp (NTAP) exceeded expectations, driven by growth in the Americas' enterprise sector.
• Despite the strong financial results, the stock price declined, possibly due to profit-taking or unmet market expectations.
• Market sentiment was mixed, as evidenced by companies like Cooper Companies reporting lower sales, impacting the performance of tech stocks.
• The bullish movement in NTAP is attributed to its strong start to the year, surpassing analyst estimates and demonstrating resilience in a challenging market environment.

21.10.2024 - NTAP Stock was up 5.1%

• Positive market sentiment surrounding NetApp's upcoming Q2 earnings report likely led to the company's strong bullish movement today.
• Options market activity suggests anticipation of a spike in NTAP stock, potentially contributing to the bullish trend.
• Momentum in all-flash products and hyperscaler services expected to benefit NetApp's Q2 performance may have boosted investor confidence in the company's growth outlook.
• Based on the favorable indicators and projections preceding the earnings report, the market appears optimistic about NetApp's potential.

10.11.2024 - NTAP Stock was down 5.1%

• The bearish movement in NTAP today could be attributed to concerns over weak IT spending, impacting the company's revenue growth potential.
• Despite the positive momentum in the AI space and strong performance in the all-flash storage and cloud market, stiff competition may have weighed down on investor sentiment.
• Investors might be cautious about the sustainability of NTAP's growth trajectory in 2025, leading to profit-taking and a bearish market movement today.

28.01.2025 - NTAP Stock was down 15.0%

• NetApp (NTAP) met Q3 earnings expectations, but the stock saw significant downward movement. Potential reasons for this include:
• Investor reaction to concerns over subdued IT spending, despite the success of all-flash products in the third quarter.
• Analyst projections for key metrics might have been lower than anticipated, prompting investors to sell shares.
• A marginal -0.06% stock movement prior to the bearish trend could indicate uncertainty and a lack of strong positive market sentiment.

22.09.2024 - NTAP Stock was down 5.1%

• The recovery in cloud computing driven by AI could indicate increased competition for NetApp in the tech sector.
• The normalization of legacy technologies post-pandemic suggests that investors might be shifting focus away from companies like NetApp towards newer tech trends.
• The overall bullish sentiment in cloud computing and AI could be overshadowing NetApp's performance, leading to a bearish movement in its stock price today.

27.10.2024 - NTAP Stock was down 5.2%

• Despite reporting better-than-expected earnings and revenue in the second quarter, NetApp (NTAP) experienced a bearish movement.
• The raised guidance and positive outlook for fiscal 2025 were not enough to sustain the bullish momentum in the stock.
• Investors might have engaged in profit-taking after the stock climbed following the earnings release, leading to the bearish movement.
• Market conditions or external factors may have influenced the stock's decline, overshadowing the positive quarterly results.

19.11.2024 - NTAP Stock was down 5.1%

• NTAP crossing below the 20-day moving average indicates short-term weakness in the stock.
• Crossing above the 50-day moving average could be a positive sign for investors, but today's bearish movement might have negated some of that optimism.
• Analyst upgrade and positive revenue growth outlook could have initially boosted confidence in NTAP, but broader market conditions or sector-specific challenges may have influenced the bearish trend.
• The bullish sentiment towards ConocoPhillips and AMETEK from other analysts did not seem to impact NTAP's performance today.

27.01.2025 - NTAP Stock was down 5.1%

• Speculation about subdued IT spending in the industry possibly influenced the stock's downward movement. This concern could have impacted revenue outlook for the company.
• Market expectations for NetApp's Q3 earnings might have prompted investors to lock in profits, creating selling pressure on the stock.
• A closer look at key metrics for NetApp may have unveiled operational challenges or uncertainties, adding to the prevailing bearish sentiment.
• Emphasis on earning monthly dividend income from NetApp shares could have redirected investor focus towards immediate returns, potentially triggering a stock sell-off and a decline in price.

28.07.2025 - NTAP Stock was up 3.4%

• NetApp (NTAP) demonstrated robust Q1 earnings and revenues that exceeded analysts' forecasts, marking a strong start to the year.
• Despite the favorable financial results, NetApp's stock experienced a decline, potentially due to investors selling off shares to lock in profits following a recent upward trend.
• The fluctuations in the market could also be impacted by broader economic challenges and a cautious approach to spending among customers as outlined in the earnings report.
• In conclusion, NetApp's positive financial performance today drove a bullish market response, although this was tempered by profit-taking behaviors and overall market uncertainties.

03.05.2025 - NTAP Stock was up 5.0%

• Despite NetApp's Q1 outlook falling short and an analyst lowering the price forecast, the stock experienced a strong bullish movement. This could be attributed to the Q4 earnings and revenue beating expectations, showcasing the company's strong performance.
• The initial dip in stock price following the cautious FY2026 outlook and weaker first-quarter guidance was short-lived, as investors may have focused on the positive year-over-year growth in earnings and revenues.
• The surprises in earnings and revenue for Q4 could have instilled confidence in investors regarding NetApp's ability to navigate challenges and deliver results, leading to the bullish market movement despite the mixed analyst sentiments.

10.03.2025 - NTAP Stock was up 5.8%

• NTAP stock rose by 13% after forming an alliance with Google Cloud for AI and enterprise workloads, reflecting the market's favorable response to the partnership and growth prospects in the sector.
• Despite a minor -1.21% decline in a recent trading session, the overall uptrend indicates investor optimism regarding NetApp's future and technological advancements.
• The increase in trading volume and positive earnings estimate revisions suggest investor confidence in NetApp's capacity to leverage emerging technologies and foster innovation in the data storage field, paving the way for potential stock growth.

10.09.2025 - NTAP Stock was down 5.1%

• Despite a 46% increase in the last six months, the stock has faced significant bearish pressure.
• Factors such as macro uncertainty and competitive challenges are believed to be influencing this downward trend.
• The company's advancements in flash, AI, and cloud technologies have been eclipsed by market conditions, contributing to the bearish movement.
• Given the existing market dynamics and competitive environment, investors might be exercising caution regarding the stock's future performance.