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.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on NTAP shares. UBS Group upped their target price on NetApp from $121.00 to $134.00 and gave the stock a “neutral” rating in a research note on Thursday, August 29th. Wells Fargo & Company upped their price objective on NetApp from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Friday. Barclays lifted their target price on shares of NetApp from $119.00 to $132.00 and gave the company an “equal weight” rating in a report on Friday. TD Cowen increased their price target on shares of NetApp from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Friday. Finally, Wedbush reiterated a “neutral” rating and issued a $120.00 price objective on shares of NetApp in a research report on Friday. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $134.00.

NetApp Price Performance

Shares of NASDAQ NTAP opened at $122.34 on Friday. The stock has a market capitalization of $25.05 billion, a price-to-earnings ratio of 22.49, a price-to-earnings-growth ratio of 3.26 and a beta of 1.24. NetApp has a 52 week low of $77.56 and a 52 week high of $135.45. The firm has a 50-day simple moving average of $121.87 and a 200-day simple moving average of $122.49. The company has a quick ratio of 0.91, a current ratio of 0.96 and a debt-to-equity ratio of 1.34.

NetApp (NASDAQ:NTAP) last released its earnings results on Thursday, November 21st. The data storage provider reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.09. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.65 billion. NetApp had a net margin of 17.78% and a return on equity of 119.68%. The business’s revenue was up 6.1% on a year-over-year basis. During the same period last year, the company posted $1.23 EPS. On average, equities analysts predict that NetApp will post 5.71 earnings per share for the current fiscal 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 $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 1.70%. The ex-dividend date is Friday, January 3rd. NetApp’s payout ratio is currently 38.24%.

Insiders Place Their Bets

In related news, CAO Lorenzo Daniel De sold 1,685 shares of the stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $123.60, for a total value of $208,266.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas Michael Nevens sold 3,333 shares of NetApp stock in a transaction on Monday, November 18th. The shares were sold at an average price of $119.23, for a total value of $397,393.59. Following the completion of the sale, the director now owns 9,277 shares in the company, valued at $1,106,096.71. This represents a 26.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,049 shares of company stock valued at $2,807,851 in the last three months. 0.47% of the stock is currently owned by insiders.

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.