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.

NetApp Stock Down 3.4 %

Shares of NTAP opened at $122.34 on Friday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.91 and a current ratio of 0.96. The stock has a market capitalization of $25.05 billion, a PE ratio of 22.49, a P/E/G ratio of 3.26 and a beta of 1.24. The company’s 50-day simple moving average is $121.87 and its 200-day simple moving average is $122.49. NetApp has a 1 year low of $77.56 and a 1 year high of $135.45.

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. NetApp had a net margin of 17.78% and a return on equity of 119.68%. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period in the prior year, the firm earned $1.23 earnings per share. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. Analysts forecast that NetApp will post 5.71 earnings per share for the current fiscal year.

NetApp Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on NTAP. Wedbush reaffirmed a “neutral” rating and set a $120.00 price objective on shares of NetApp in a research report on Friday. UBS Group upped their price target on NetApp from $121.00 to $134.00 and gave the company a “neutral” rating in a report on Thursday, August 29th. TD Cowen raised their price objective on shares of NetApp from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Friday. Morgan Stanley boosted their price objective on shares of NetApp from $127.00 to $132.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Susquehanna reaffirmed a “positive” rating and issued a $155.00 target price on shares of NetApp in a research report on Monday, August 26th. 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, NetApp currently has an average rating of “Hold” and an average target price of $134.00.

Insider Buying and Selling at NetApp

In other news, CAO Lorenzo Daniel De sold 1,685 shares of NetApp stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $123.60, for a total value of $208,266.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 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 transaction of $88,971.00. Following the transaction, the executive vice president now owns 11,694 shares in the company, valued at approximately $1,475,782.80. This trade represents a 5.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,049 shares of company stock valued at $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.