NetApp (NASDAQ:NTAP) Issues 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.

Analyst Upgrades and Downgrades

NTAP has been the topic of several recent analyst reports. UBS Group lifted their target price on shares of NetApp from $121.00 to $134.00 and gave the stock a “neutral” rating in a research report on Thursday, August 29th. Susquehanna reiterated a “positive” rating and set a $155.00 price target on shares of NetApp in a report on Monday, August 26th. Northland Securities upped their price objective on NetApp from $108.00 to $120.00 and gave the company a “market perform” rating in a research note on Friday. Wells Fargo & Company lifted their target price on NetApp from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, Evercore ISI boosted their price target on shares of NetApp from $120.00 to $130.00 and gave the stock an “in-line” rating in a report on Monday, August 12th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $134.00.

NetApp Stock Down 3.4 %

NTAP opened at $122.34 on Friday. The company has a 50 day moving average of $121.87 and a 200 day moving average of $122.59. 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 $77.56 and a 12 month high of $135.45. The company has a market cap of $25.05 billion, a PE ratio of 22.49, a price-to-earnings-growth ratio of 3.26 and a beta of 1.24.

NetApp (NASDAQ:NTAP) last announced its quarterly earnings results on Thursday, November 21st. The data storage provider reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.09. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.65 billion. NetApp had a return on equity of 119.68% and a net margin of 17.78%. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.23 earnings per share. On average, sell-side analysts expect that NetApp will post 5.71 EPS for the current year.

NetApp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 22nd. Stockholders of record on Friday, January 3rd will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Friday, January 3rd. NetApp’s payout ratio is 38.24%.

Insider Activity

In other NetApp news, Director Thomas Michael Nevens sold 3,333 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $119.23, for a total value of $397,393.59. Following the sale, the director now owns 9,277 shares of the company’s stock, valued at $1,106,096.71. This trade represents a 26.43 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Elizabeth M. O’callahan sold 705 shares of the business’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $126.20, for a total value of $88,971.00. Following the transaction, the executive vice president now directly owns 11,694 shares of the company’s stock, valued at $1,475,782.80. The trade was a 5.69 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,049 shares of company stock worth $2,807,851. 0.47% of the stock is owned by company 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.