NetApp's Recent Stock Performance
NetApp (NTAP) concluded its latest trading session at $128.34, reflecting a 1.68% increase from the previous day. This rise surpasses the S&P 500's 1.08% gain on the same day. In contrast, the Dow advanced by 0.32%, while the Nasdaq saw a 1.58% boost.
Monthly Stock Trends
Over the past month, NetApp's stock has declined by 1.11%, a smaller drop compared to the 4.77% decline in the Computer and Technology sector. Meanwhile, the S&P 500 experienced a modest 0.43% increase.
Upcoming Earnings Reports
Investors are eagerly awaiting NetApp's upcoming earnings report, with estimates predicting an EPS of $1.46, representing nearly a 27% rise year-over-year. Revenue is expected to reach $1.53 billion, up approximately 7.1% from the previous year.
Fiscal Year Estimates
For the full fiscal year, consensus estimates suggest earnings of $6.86 per share and revenues totaling $6.55 billion, reflecting growth of about 6.2% and 4.4%, respectively.
Analyst Estimate Revisions and Stock Ratings
It's important to monitor recent analyst estimate revisions for NetApp, as positive adjustments often signal ...