NetApp Reports Fourth Quarter and Fiscal Year 2024 Results

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Go back to NetApp Reports Fourth Quarter and Fiscal Year 2024 Results

NetApp (NTAP) PT Raised to $120 at Evercore ISI

May 31, 2024 4:51 AM EDT

Evercore ISI analyst Amit Daryanani raised the price target on NetApp (NASDAQ: NTAP) to $120.00 (from $105.00) while maintaining a In Line rating.

The analyst comments "NTAP reported a mostly in-line Apr-qtr (rev/EPS came in at $1.67B/$1.80, slightly above consensus) as Product Hardware (AFA ARR up +17% y/y) drove sales up 6% y/y while EBIT margins (28.1%) came in at the... More

NetApp (NTAP) Tops Q4 EPS by 1c, Offers Guidance

May 30, 2024 4:03 PM EDT

NetApp (NASDAQ: NTAP) reported Q4 EPS of $1.80, $0.01 better than the analyst estimate of $1.79. Revenue for the quarter came in at $1.67 billion versus the consensus estimate of $1.65 billion.

GUIDANCE:

NetApp sees Q1 2025 EPS of $1.40-$1.50, versus the consensus of $1.43. NetApp sees Q1... More