Netapp Inc. (Nasdaq: NTAP) is one of the The stocks of the worst performance data centers in 2025. While their actions have not decreased much (+3.3%), it has not been able to follow the rhythm of enthusiasm in the broader data centers industry. The company has faced the competition of suppliers of pure play clouds. However, its hybrid model continues to attract companies that seek flexibility and cost savings.
The opinions of Nepic analysts currently inclined to the cautious side, with almost two thirds with a neutral rating. However, on September 16, TD Cowen analyst John Blackledge reiterated a purchase rating in the action with an objective price without changes of $ 130. This qualification was issued shortly after the company presented at the Goldman Sachs Communicopia + Technology Conference on September 9.
At the conference, Netapp shared its first results for fiscal year 2026. The Wissam Jabry CFO said the company is seeing constant growth in total storage, cloud services and AI. Even so, demand in the public sector of the United States and EMEA parts is still weak.
The management maintained its growth forecast in 2% for the next quarter and 3% during the year, with the margins of expected products in the range of 50% from mid to high. The company is adding senior hiring in North America to raise sales and continues to invest in R&D to strengthen its cloud data and offers.
NetApp Inc. (NASDAQ: NTAP) Provides data storage solutions and hybrid clouds for business clients. Its products range from local hardware to cloud software and data management tools.
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Disclosure: None. This article is originally published in Internal monkey.
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