NetApp (NASDAQ:NTAP) Updates Q3 2025 Earnings Guidance

NetApp (NASDAQ:NTAP) updated its third quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.850-1.950 for the period, compared to the consensus earnings per share estimate of 1.780. The company issued revenue guidance of $1.6 billion-$1.8 billion, compared to the consensus revenue estimate of $1.6 billion. NetApp also updated its FY 2025 guidance to 7.200-7.400 EPS.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on NTAP. Susquehanna restated a “positive” rating and issued a $155.00 target price on shares of NetApp in a research note on Monday, August 26th. Citigroup raised their price objective on shares of NetApp from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, August 15th. Barclays upped their target price on shares of NetApp from $116.00 to $119.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 29th. Wedbush reissued a “neutral” rating and issued a $120.00 price target on shares of NetApp in a report on Monday, August 26th. Finally, JPMorgan Chase & Co. upped their price objective on NetApp from $146.00 to $147.00 and gave the stock a “neutral” rating in a report on Thursday, August 29th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $129.06.

NetApp Trading Up 2.6 %

Shares of NTAP stock traded up $3.23 on Thursday, reaching $126.68. The company had a trading volume of 4,310,551 shares, compared to its average volume of 1,823,610. The stock has a market cap of $25.94 billion, a PE ratio of 24.11, a PEG ratio of 3.13 and a beta of 1.24. The company has a 50-day moving average of $121.56 and a 200-day moving average of $122.36. The company has a current ratio of 0.96, a quick ratio of 0.91 and a debt-to-equity ratio of 1.34. NetApp has a 12 month low of $77.46 and a 12 month high of $135.01.

NetApp (NASDAQ:NTAP) last posted its earnings results on Thursday, November 21st. The data storage provider reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.09. NetApp had a net margin of 17.01% and a return on equity of 121.41%. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period last year, the business posted $1.23 earnings per share. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year. On average, equities analysts forecast that NetApp will post 5.71 earnings per share for the current year.

NetApp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Friday, January 3rd will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 1.64%. NetApp’s dividend payout ratio (DPR) is currently 40.63%.

Insider Buying and Selling

In other news, CAO Lorenzo Daniel De sold 326 shares of NetApp stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $117.44, for a total value of $38,285.44. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Thomas Michael Nevens sold 3,333 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $119.23, for a total transaction of $397,393.59. Following the transaction, the director now owns 9,277 shares of the company’s stock, valued at $1,106,096.71. The trade was a 26.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,049 shares of company stock worth $2,807,851 over the last ninety days. Company insiders own 0.47% of the company’s stock.

NetApp Company Profile

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.