NetApp Inc. ($NTAP) Stock Forecast: Up 14.7% Today

What is NetApp Inc.?

NetApp (NTAP) is a leading data management and storage company, offering innovative solutions for businesses. The market sentiment towards NetApp has been favorable, supported by recent strategic partnerships and analyst actions.

Why is NetApp Inc. going up?

NTAP stock is up 14.7% on May 22, 2026 18:40

• NetApp (NTAP) stock rose by 4.2% to reach a 52-week high of $127.95, indicating strong market momentum.
• The uptick is linked to optimistic projections from Wall Street analysts ahead of the Q4 earnings, expecting significant year-over-year earnings and revenue growth.
• Despite concerns about overvaluation, NetApp's initiatives and partnerships, including collaborations with industry giants like Google Cloud, alongside positive analyst actions, have boosted investor confidence.
• Investors are optimistic about NetApp's growth outlook and strategic path, reinforcing a bullish market sentiment, despite some caution around valuation metrics.

NTAP Price Chart

NTAP Technical Analysis

NTAP News

Axsome Therapeutics stock hits all-time high at 236.84 USD

Axsome Therapeutics Inc. (AXSM) stock reached an all-time high of $235, trading near its 52-week high of $235.91, marking a significant 124% increase over the past year with 64% revenue growth. Despite this, the company reported a net loss of $1.26 per share and revenue slightly below expectations for Q1 2026, though investor sentiment remains positive. InvestingPro indicates the stock is trading near its Fair Value, and the company remains unprofitable over the past twelve months.

https://www.investing.com/news/company-news/axsome-therapeutics-stock-hits-alltime-high-at-23684-usd-93CH-4706815

Zoom Upbeat Q1 Results, Joins Lionsgate Studios, Ross Stores And Other Big Stocks Moving Higher On Friday

U.S. stocks saw gains on Friday, with Zoom Communications (NASDAQ: ZM) leading the charge after reporting better-than-expected first-quarter results and raising its FY27 guidance. Other companies like Lionsgate Studios (NYSE: LION), Ross Stores (NASDAQ: ROST), and Assembly Biosciences (NASDAQ: ASMB) also experienced significant stock increases due to positive earnings, strategic announcements, or clinical trial results. The Dow Jones Index gained over 300 points as these and other stocks moved higher.

https://www.benzinga.com/news/26/05/52744970/zoom-upbeat-q1-results-joins-lionsgate-studios-ross-stores-and-other-big-stocks-moving-higher-on-friday

Wall Street's Insights Into Key Metrics Ahead of NetApp (NTAP) Q4 Earnings

Ahead of its Q4 earnings report, NetApp (NTAP) is projected by Wall Street analysts to show a 17.6% year-over-year earnings increase to $2.27 per share and a 7.6% revenue increase to $1.86 billion. The consensus EPS estimate has seen an upward revision of 0.9% in the past 30 days, indicating a positive reappraisal from analysts. Key metric forecasts include significant growth in "Net revenues- Public Cloud" and steady margins for both products and services.

https://sg.finance.yahoo.com/news/wall-streets-insights-key-metrics-131503892.html

NetApp stock hits 52-week high at $126.90 By Investing.com

NetApp (NTAP) stock reached a new 52-week high of $126.90, currently trading at $127.95 with a market capitalization of $24.46 billion. InvestingPro analysis suggests the stock is still undervalued with a Fair Value of $134.79. The company's recent strategic initiatives, including partnerships with Google Cloud and Nutanix, and analyst actions like BofA Securities raising its price target, have contributed to this strong performance.

https://ng.investing.com/news/company-news/netapp-stock-hits-52week-high-at-12690-93CH-2526416

NetApp Inc (NTAP) Shares Surge 4.2% -- What GF Score of 90 Tells Investors

NetApp Inc (NTAP) shares surged by 4.2% to $123.94, yet GuruFocus assesses the stock as overvalued with a GF Value™ of $114.77. Despite this, the company boasts a strong GF Score™ of 90/100, driven by high profitability and growth, though insider selling activity and cautious financial strength scores suggest potential risks. Investors are advised to consider the overvaluation and historical P/E ratios when evaluating the stock.

https://www.gurufocus.com/news/8875982/netapp-inc-ntap-shares-surge-42-what-gf-score-of-90-tells-investors

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NetApp Inc. Price History

02.02.2026 - NTAP Stock was up 3.3%

• NetApp (NTAP) experienced a strong bullish movement today due to the following reasons:
• The company reported robust fiscal Q3 2026 results with increased revenue and net income, coupled with an optimistic outlook for Q4 2026.
• NetApp's emphasis on all-flash storage and its Keystone Storage-as-a-Service offering resonated well with investors, showcasing its commitment to AI and hybrid cloud technologies.
• Despite facing challenges such as margin pressure from cloud partnerships and rising memory costs, NetApp's strong financial performance and positive guidance reassured investors about its growth prospects.
• The announcement of a quarterly dividend further boosted investor confidence in NetApp's financial stability and shareholder returns, contributing to the bullish market movement.

07.03.2026 - NTAP Stock was down 5.2%

• NetApp Inc. (NTAP) underperformed compared to its competitors, with shares falling by 2.37% despite a positive trading session for the overall market.
• Institutional investors, including Aberdeen Group plc, increased their stake in NetApp, Inc., showing confidence in the company's future prospects.
• The bearish movement could be attributed to profit-taking by company insiders after strong Q4 earnings, as well as potential concerns about competition and market positioning.
• Despite alliances with companies like Commvault Systems and advancements in AI technology, NetApp's stock faced downward pressure, possibly due to investors reevaluating the company's valuation and growth potential in a competitive market environment.

22.04.2026 - NTAP Stock was up 14.7%

• NetApp (NTAP) stock rose by 4.2% to reach a 52-week high of $127.95, indicating strong market momentum.
• The uptick is linked to optimistic projections from Wall Street analysts ahead of the Q4 earnings, expecting significant year-over-year earnings and revenue growth.
• Despite concerns about overvaluation, NetApp's initiatives and partnerships, including collaborations with industry giants like Google Cloud, alongside positive analyst actions, have boosted investor confidence.
• Investors are optimistic about NetApp's growth outlook and strategic path, reinforcing a bullish market sentiment, despite some caution around valuation metrics.

22.04.2026 - NTAP Stock was up 15.3%

• NetApp's stock surged by 4.2% to $123.94, reaching a new 52-week high, driven by several factors:
• Positive market insights ahead of the Q4 earnings season, with expected increases in earnings and revenue, leading to a favorable reassessment from analysts.
• Strategic collaborations with Google Cloud and Nutanix, as well as adjustments by financial firms like BofA Securities increasing its price target, contributed to the stock's robust performance.
• Despite evaluations indicating overvaluation, the stock maintains a strong GF Score™ of 90/100 due to notable profitability and growth, indicating optimism among investors regarding the company's future prospects.

22.04.2026 - NTAP Stock was up 11.1%

• Factors contributing to the surge in NetApp Inc's stock price include:
• Despite being considered overvalued by GuruFocus, the company has a strong GF Score™ of 90/100, reflecting high profitability and growth.
• The acquisition of 9,926 shares by the North Dakota State Investment Board and increased stake by Thrivent Financial for Lutherans demonstrate confidence in the company's future.
• Analyst sentiment, though cautious, has been positively influenced by NetApp's recent earnings beat and raised guidance for fiscal year 2026.
• Valuation assessments through DCF analysis and P/E ratios indicate that the stock may be undervalued, prompting investor interest and driving the bullish movement.

12.01.2026 - NTAP Stock was down 6.1%

• The bearish movement in NetApp Inc's stock price could be attributed to several factors:
• Insider selling activity by Elizabeth O'callahan, the Executive Vice President and Chief Administrative Officer, might have raised concerns among investors about the company's future prospects.
• Despite beating quarterly earnings estimates and providing positive guidance, the market may have reacted negatively to the insider selling, leading to a dip in the stock price.
• The new position opened by ING GROEP NV could have also influenced market sentiment, with investors possibly reassessing their positions based on institutional activity.
• NetApp's focus on expanding in the ASEAN region with its ONTAP software is promising, but the market might be reacting to broader economic uncertainties or sector-specific challenges impacting the stock price.

12.01.2026 - NTAP Stock was down 5.6%

• Today's bearish movement in NetApp Inc's stock (NTAP) stems from various factors:
• Insider selling by the Executive Vice President, Elizabeth O'callahan, may have raised concerns among investors, impacting market sentiment negatively.
• Despite surpassing quarterly earnings estimates and offering positive guidance, insider selling and the stock's perceived fair value may have prompted profit-taking.
• The initiation of a significant new position in NTAP stock by ING GROEP NV may have exerted buying pressure, but selling activity seemed to overshadow buying interest.
• Broader market sentiment towards the Technology Hardware, Storage & Peripherals industry, compared to Apple and its peers, possibly influenced investor decisions to reallocate investments, impacting NetApp's stock performance adversely.

25.02.2026 - NTAP Stock was up 6.1%

• NetApp's strategic alliance with Commvault for integrated data protection and cyber resilience, along with the launch of new high-performance EF-Series storage systems, led to a 3.1% increase in its stock price.
• The market recognized the significance of these developments, especially the 250% performance improvement in the new storage systems tailored for demanding workloads like AI and high-performance computing.
• The focus on AI-driven innovations in storage architecture aligns with NetApp's advancements and positions the company well in a rapidly evolving industry.
• Despite a year-to-date decline, NetApp's outperformance of competitors and the broader market indicates investor confidence in the company's strategic moves and product offerings.

13.01.2026 - NTAP Stock was up 5.0%

• LSV Asset Management lowered its investment in NetApp, Inc. by 4.2%, while Oppenheimer Asset Management Inc. initiated a new position. This suggests a varied sentiment among institutional investors.
• NetApp delivered strong quarterly earnings, exceeding forecasts with $2.05 EPS and $1.71 billion in revenue. This performance likely enhanced investor trust and contributed to the upward movement of the stock.
• The company's emphasis on AI and hybrid cloud solutions, highlighted at the WEST Conference 2026, coupled with new defense contracts, has positioned NetApp for future expansion and improved cash flow, positively impacting market sentiment.
• A compelling AI advertisement cautioning against AI hype, along with IBM's progress in AI-integrated storage and security solutions, may have influenced investor views on NetApp's strategic path and competitive stance, further supporting the uptrend.

21.03.2026 - NTAP Stock was up 5.0%

• NetApp's stock surged 5.5% today, driven by a sector-wide rally in infrastructure technology companies, indicating positive sentiment in the industry.
• The appointment of Saeed Al-Zahrani as General Manager for Saudi Arabia showcases NetApp's strategic efforts to expand its market presence and drive growth in key regions.
• The partnership between NetApp and Google Cloud to deliver unified data infrastructure for distributed cloud environments could be contributing to the positive market sentiment, especially in the context of increasing demand for sovereign cloud solutions.
• Despite concerns about leverage in the industry, NetApp's strong performance relative to competitors like Western Digital highlights investor confidence in the company's ability to navigate challenges and capitalize on growth opportunities.

21.03.2026 - NTAP Stock was up 5.2%

• The appointment of Saeed Al-Zahrani as General Manager for Saudi Arabia suggests strategic efforts by NetApp to expand its market presence and operations in the region, potentially boosting investor confidence in the company's growth prospects.
• NetApp's performance surpassing that of competitors on a day when the overall market saw declines highlights the company's strong performance and positive investor sentiment towards its stock.
• The collaboration with Google Cloud to provide sovereign data infrastructure for distributed and hybrid cloud environments, with a focus on government and regulated industries, may have contributed to the favorable market movement by strengthening NetApp's competitive positioning and growth potential.
• Analysts' optimistic outlook on NetApp's market position and its robust data storage capabilities for unlocking new growth opportunities likely added to investor confidence and triggered the bullish movement in the stock.

04.01.2026 - NTAP Stock was up 5.0%

• NetApp (NTAP) was downgraded to Underweight by one analyst due to a 15-year low in IT hardware budget growth, raising cautionary factors despite AI tailwinds.
• On the other hand, another analyst initiated coverage with a Buy rating, emphasizing NetApp's position in the all-flash storage market and a favorable future outlook.
• The short interest in NetApp decreased by 12.3% and the National Pension Service increased its stake, indicating changing investor sentiments.
• The bullish movement in NetApp's stock today reflects a blend of analyst evaluations, market dynamics, and investor behaviors, illustrating the intricate nature of stock movements in response to diverse perspectives and data points.