NTAP.O Hits 20-Day Low Amid Market Volatility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17 Nov 25
Source: Coinmarketcap
Shares of NTAP.O declined sharply today, reaching a 20-day low as investors reacted to broader market volatility. The stock's recent performance indicates increased bearish momentum, with technical indicators suggesting a potential further decline if selling pressure continues. Analysts point to ongoing concerns regarding the tech sector's growth prospects and recent earnings reports that fell short of expectations as contributing factors to this downturn. As NTAP faces these challenges, market participants will be closely monitoring its price action for any signs of recovery or further weakness.
Analyst Views on NTAP
Wall Street analysts forecast NTAP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NTAP is 124.21 USD with a low forecast of 110.00 USD and a high forecast of 137.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
6 Buy
13 Hold
0 Sell
Moderate Buy
Current: 99.330
Low
110.00
Averages
124.21
High
137.00
Current: 99.330
Low
110.00
Averages
124.21
High
137.00
About NTAP
NetApp, Inc. is an intelligent data infrastructure company combining unified data storage, integrated data, operational and workload services. It creates silo-free infrastructure, harnessing observability and AI to enable data management. Its operational and workload services provide continuous optimization of performance and efficiency for infrastructure and workloads through observability and AI. Its Hybrid Cloud segment provides a unified data storage portfolio of storage management and infrastructure solutions that helps customers modernize their data centers. Hybrid Cloud includes software, hardware, and related support, along with professional and other services. Its Public Cloud segment offers a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage, data services and operational services. These solutions and services are available in the public clouds, including Amazon AWS, Microsoft Azure, and Google Cloud.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
