NetApp (NASDAQ:NTAP) Issues Q3 2025 Earnings Guidance

NetApp (NASDAQ:NTAP) updated its third quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.850-1.950 for the period, compared to the consensus EPS 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

Several brokerages recently weighed in on NTAP. UBS Group upped their price objective on NetApp from $121.00 to $134.00 and gave the stock a “neutral” rating in a research report on Thursday, August 29th. Northland Securities increased their target price on shares of NetApp from $108.00 to $120.00 and gave the stock a “market perform” rating in a report on Friday. JPMorgan Chase & Co. lifted their price target on shares of NetApp from $146.00 to $147.00 and gave the company a “neutral” rating in a report on Thursday, August 29th. Citigroup increased their price objective on shares of NetApp from $130.00 to $135.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Bank of America boosted their target price on shares of NetApp from $115.00 to $121.00 and gave the stock an “underperform” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $134.00.

NetApp Stock Performance

NASDAQ:NTAP opened at $122.34 on Friday. The firm has a market capitalization of $25.05 billion, a P/E ratio of 22.49, a P/E/G ratio of 3.26 and a beta of 1.24. NetApp has a twelve month low of $77.56 and a twelve month high of $135.45. The company has a fifty day moving average of $121.87 and a 200-day moving average of $122.59. 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 posted 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 firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.23 earnings per share. As a group, sell-side analysts anticipate 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. Shareholders of record on Friday, January 3rd will be issued a $0.52 dividend. The ex-dividend date is Friday, January 3rd. This represents a $2.08 annualized dividend and a yield of 1.70%. NetApp’s payout ratio is currently 38.24%.

Insider Activity

In other NetApp news, CEO George Kurian sold 8,500 shares of the business’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of $126.11, for a total transaction of $1,071,935.00. Following the completion of the sale, the chief executive officer now owns 292,778 shares in the company, valued at approximately $36,922,233.58. The trade was a 2.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Lorenzo Daniel De sold 1,685 shares of the company’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $123.60, for a total transaction of $208,266.00. The disclosure for this sale can be found here. Insiders sold a total of 23,049 shares of company stock worth $2,807,851 over the last quarter. 0.47% of the stock is currently owned by corporate insiders.

About NetApp

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.