NetApp (NTAP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this data storage company have returned +11.7%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Computer- Storage Devices industry, which NetApp falls in, has gained 9%. The key question now is: What could be the stock's future direction?Although med ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

NetApp (NTAP) reported $1.67 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 5.5%. EPS of $1.80 for the same period compares to $1.54 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.66 billion, representing a surprise of +0.43%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.80.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectat ...

NetApp (NTAP) came out with quarterly earnings of $1.80 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this data storage company would post earnings of $1.69 per share when it actually produced earnings of $1.94, delivering a surprise of 14.79%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.NetApp, which belongs to ...

Exhibit 99.1 NetApp Reports Fourth Quarter and Fiscal Year 2024 Results Net revenues of $1.67 billion for the fourth quarter; Net revenues of $6.27 billion for fiscal year 2024 • Record all-flash array annualized revenue run rate1 of $3.6 billion, an increase of 17% year-over-year • Record fiscal year GAAP consolidated gross margins of 71%; record non-GAAP consolidated gross margins2 of 72% • Fiscal year GAAP operating margins of 19%; record non-GAAP operating margins2 of 27% • Fiscal year GAAP net income p ...

NetApp Inc (NTAP) is slated to release fourth-quarter fiscal 2024 earnings on May 30.The company projects non-GAAP earnings per share (EPS) to be between $1.73 and $1.83 for the quarter. The Zacks Consensus Estimate is pegged at $1.80, suggesting an increase of 16.9% from the year-ago.Net revenues are anticipated in the range of $1.585-$1.735 billion. The Zacks Consensus Estimate is pegged at $1.66 billion, implying a 5.1% increase from the prior-year.NTAP beat estimates in each of the last four quarters, d ...

NetApp (NTAP) ended the recent trading session at $115.65, demonstrating a +1.41% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.7%. Elsewhere, the Dow gained 0.01%, while the tech-heavy Nasdaq added 1.1%.Coming into today, shares of the data storage company had gained 12.98% in the past month. In that same time, the Computer and Technology sector gained 8.26%, while the S&P 500 gained 4.03%.Market participants will be closely following the financial results o ...

文章核心观点 - 根据分析师预测,NetApp公司即将发布的季度财报中,每股收益预计为1.80美元,同比增长16.9%[1] - 收入预计为16.6亿美元,同比增长5.1%[1] - 过去30天内,分析师对该季度每股收益预测没有进行任何修订,表明分析师对初始预测没有重大调整[2] 公司关键指标总结 收入指标 - 产品收入预计为7.88亿美元,同比增长6%[7] - 服务收入预计为8.73亿美元,同比增长4.2%[8] - 公有云收入预计为1.49亿美元,同比下降1.2%[9] - 专业及其他服务收入预计为8680万美元,同比下降1.4%[10] - 美国、加拿大和拉丁美洲地区收入预计为8.41亿美元,同比增长2.1%[11] - 亚太地区收入预计为2.49亿美元,同比增长13.1%[12] - 欧洲、中东和非洲地区收入预计为5.73亿美元,同比增长6.7%[12] 毛利率指标 - 产品毛利率(非GAAP)预计为60.2%,去年同期为55.1%[13] - 服务毛利率(非GAAP)预计为80.9%,去年同期为81.4%[13] 地理结构指标 - 亚太地区占比预计为15%,去年同期为14%[14] - 欧洲、中东和非洲地区占比预计为34.5%,去年同期为34%[15] 其他指标 - 总订单额预计为18.8亿美元,去年同期为16.7亿美元[16]

NetApp (NTAP) closed the latest trading day at $112.28, indicating a +1.64% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.09%. At the same time, the Dow lost 0.49%, and the tech-heavy Nasdaq gained 0.65%.The data storage company's stock has climbed by 12.78% in the past month, exceeding the Computer and Technology sector's gain of 7.36% and the S&P 500's gain of 5.78%.The upcoming earnings release of NetApp will be of great interest to investors. The company's earn ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...