NetApp Inc. ($NTAP) Stock Forecast: Up 5.0% Today

What is NetApp Inc.?

NetApp, Inc. ($NTAP) operates in the technology sector and specializes in data management and storage solutions. Recently, the stock saw a significant increase in value due to favorable financial outcomes and investor interest.

Why is NetApp Inc. going up?

NTAP stock is up 5.0% on Feb 13, 2026 17:52

• 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.

NTAP Price Chart

NTAP Technical Analysis

NTAP News

LSV Asset Management Sells 22,455 Shares of NetApp, Inc. $NTAP

LSV Asset Management has reduced its stake in NetApp, Inc. by 4.2%, selling 22,455 shares, but still holds 516,008 shares valued at approximately $61.1 million. NetApp recently reported strong quarterly earnings, beating expectations with $2.05 EPS and $1.71 billion in revenue, and offers a quarterly dividend of $0.52. The company, which is 92.17% owned by institutional investors, has a "Moderate Buy" consensus rating and a target price of $123.93.

https://www.marketbeat.com/instant-alerts/filing-lsv-asset-management-sells-22455-shares-of-netapp-inc-ntap-2026-02-13/

Oppenheimer Asset Management Inc. Purchases New Position in NetApp, Inc. $NTAP

Oppenheimer Asset Management Inc. has acquired a new stake in NetApp, Inc. (NASDAQ:NTAP), purchasing 23,219 shares valued at approximately $2.75 million during the third quarter. NetApp recently reported strong financial results, beating EPS and revenue estimates, and institutional investors now collectively own about 92.17% of the company's stock. Despite a recent stock dip, analysts maintain a "Moderate Buy" consensus rating with an average target price of $123.93.Insider selling of NetApp stock by EVP Elizabeth M. O'callahan and CAO Lorenzo Daniel De was also reported, though overall insider ownership remains at 0.28%.

https://www.marketbeat.com/instant-alerts/filing-oppenheimer-asset-management-inc-purchases-new-position-in-netapp-inc-ntap-2026-02-13/

AI ad of the week: NetApp invokes lemmings to illustrate risks of AI hype

NetApp's latest AI ad, created entirely with AI tool Pencil by Agency Oliver, uses the metaphor of lemmings to highlight the potential risks associated with excessive AI hype. The ad suggests a need for caution and thoughtful consideration in the rapidly evolving landscape of artificial intelligence. This creative approach garnered attention as Ad Age's "AI ad of the week."

https://adage.com/technology/ai/aa-ad-of-the-week-netapp/

Are NetApp’s (NTAP) New Defense Contracts Quietly Redefining Its Cash Generation Story?

NetApp (NTAP) recently showcased its enterprise data infrastructure at the WEST Conference 2026, highlighting growth in new contracts, improved billings, and stronger profits. The article discusses how these contract wins and efficiency gains are influencing NetApp's investment narrative, emphasizing its role in AI and hybrid cloud solutions, while also noting the potential risks associated with hyperscaler partnerships. Forecasts suggest a strong future for NetApp, with projected revenue and earnings growth leading to a significant upside in its fair value.

https://simplywall.st/stocks/us/tech/nasdaq-ntap/netapp/news/are-netapps-ntap-new-defense-contracts-quietly-redefining-it/amp

IBM Extends AI In Storage And Security As Investors Weigh Impact

IBM has launched its next-generation FlashSystem storage platform with AI-powered automation and expanded security features, alongside integrating Criminal IP into its QRadar security suite. These enhancements aim to bolster data resilience and cyber defense for enterprises. The company's push into AI-assisted infrastructure targets significant enterprise budgets in storage and security, with investors considering how these developments will influence IBM's market positioning and financial performance.

https://simplywall.st/stocks/us/software/nyse-ibm/international-business-machines/news/ibm-extends-ai-in-storage-and-security-as-investors-weigh-im/amp

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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.

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.

16.00.2026 - NTAP Stock was down 5.1%

• The decline in NetApp's stock price may be linked to the notable reduction in stakes by institutional investors such as Sumitomo Mitsui Trust Group Inc., Campbell & CO Investment Adviser LLC, and Nordea Investment Management AB.
• Insider selling activity from EVP Elizabeth M. O'callahan and CAO Lorenzo Daniel De might have also influenced the negative market sentiment towards the stock.
• Despite the positive earnings results and optimistic future outlook provided by the company, the heightened selling from institutional investors and insiders could have outweighed the positive developments, contributing to the bearish performance.
• Market analysts hold a cautiously optimistic stance on NetApp, with a consensus rating of "Moderate Buy" and an average price target of $124.33, suggesting potential upside growth ahead.

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.

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.

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.

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.

04.01.2026 - NTAP Stock was up 3.2%

• Despite concerns raised about a historical low in IT hardware budget growth, some investors remained optimistic about NTAP post a downgrade from experts. Positive support and an upbeat forecast from another reputable financial firm boosted overall confidence.
• The decrease in short interest by 12.3% indicates a shift towards a more positive outlook on NTAP, potentially influencing the recent upward movement in the stock price.
• The National Pension Service increased its ownership stake in NTAP, alongside a robust quarterly financial report that included dividends. These factors added to the favorable sentiment among investors, leading to a rise in the stock price.
• In addition to strong financial performance, the CEO of NetApp shared plans for investments and strategies to tackle AI challenges in 2026. This, combined with positive market sentiment, likely reassured investors and contributed to the recent bullish market movement.

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.

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.