Is NetApp a good stock to buy?

Is NetApp a good stock to buy?

Out of 19 analysts, 7 (36.84%) are recommending NTAP as a Strong Buy, 4 (21.05%) are recommending NTAP as a Buy, 7 (36.84%) are recommending NTAP as a Hold, 0 (0%) are recommending NTAP as a Sell, and 1 (5.26%) are recommending NTAP as a Strong Sell.

Is NetApp a buy or sell?

NetApp has received a consensus rating of Buy. The company’s average rating score is 2.55, and is based on 13 buy ratings, 8 hold ratings, and 1 sell rating.

How many shares does NetApp have?

Ownership Summary

Label Value
Institutional Ownership 90.28 %
Total Shares Outstanding (millions) 221
Total Value of Holdings (millions) $12,537

What is NetApp’s revenue?

5.74 billion USD (2021)NetApp / Revenue

What does Net app do?

NetApp, Inc. engages in the design, manufacture, marketing, and technical support of storage and data management solutions. It offers cloud data services, data storage software, data backup and recovery, all-flash storage, converged systems, data infrastructure management, ONTAP data security, and hybrid flash storage.

Is NetApp a Fortune 500 company?

It has ranked in the Fortune 500 from 2012–2021. Founded in 1992 with an IPO in 1995, NetApp offers cloud data services for management of applications and data both online and physically.

How many people work at NetApp?

In fiscal year 2022, NetApp had approximately 12,000 employees worldwide, around 1,000 more than the year before. Compared to 2017 though, NetApp has experienced a large increase in employee number.

Why is NetApp so good?

NetApp delivers market-leading data reduction with features like deduplication, compression, and compaction. Turn on snapshots and the storage savings increase 10X. Not only do we promise better effective capacity, we offer the most effective guarantee. No fluff.

Who owns NetApp?

NetApp

Type Public
Area served Worldwide
Key people George Kurian (CEO) Mike Nevens (chairman)
Products Servers SAN storage NAS storage Networking Software
Revenue $5.74 billion (2021)

What is NetApp best known for?

NetApp and Azure Tackle enterprise complexities and manage your data anywhere. NetApp technology gives you world-class data management with the performance, simplicity, and cost savings you need to migrate your most challenging workloads to Microsoft Azure.

Is NetApp a Fortune 500?

NetApp, Inc. is an American hybrid cloud data services and data management company headquartered in San Jose, California. It has ranked in the Fortune 500 from 2012–2021.

Does AWS use NetApp?

AWS recently introduced Amazon FSx for NetApp ONTAP, a native AWS managed service powered by NetApp ONTAP. The popular features and performance of ONTAP file systems are now fully integrated with the agility, scalability, security, and resiliency of AWS.

Is NetApp a big company?

NetApp, Inc. is an American hybrid cloud data services and data management company headquartered in San Jose, California. It has ranked in the Fortune 500 from 2012–2021….NetApp.

Type Public
Revenue $5.74 billion (2021)
Operating income $1.03 billion (2021)
Net income $730 million (2021)
Total assets $9.36 billion (2021)

How many customers does NetApp have?

We have data on 23,131 companies that use NetApp Storage Systems. The companies using NetApp Storage Systems are most often found in United States and in the Computer Software industry.

What is NetApp Keystone?

NetApp Keystone is a portfolio of on-premises capital expenditure (capex) alternatives to enable the on-ramp to cloud journey, which includes NetApp Keystone Flex Pay and NetApp Keystone Flex Subscription services.

What are two benefits of using NetApp Keystone?

Key benefits

  • Get predictable performance and protection. Choose how, where, and when to use cloud data services.
  • Simplify IT operations.
  • Put more flex in flexibility.
  • Bring the best of cloud on prem.
  • Get predictable performance and protection.
  • Simplify IT operations.

What are two benefits of using NetApp Keystone choose two?

Some benefits of Flex Subscription services are:

  • Frees up IT staff from complicated storage-related tasks and allows them to focus on application management.
  • Reduces upfront capital investment.
  • Allows customers to meet their demands without overprovisioning.
  • Aligns data storage costs with business needs/activity.

What is NetApp FlexPod?

NetApp FlexPod is a reference architecture for server, storage and networking components that are pretested and validated to work together as an integrated infrastructure stack.

What is hybrid cloud NetApp?

Hybrid cloud refers to a mixed computing, storage, and services environment made up of on-premises infrastructure, private cloud services, and a public cloud—such as Amazon Web Services (AWS) or Microsoft Azure—with orchestration among the various platforms.

What is spot by NetApp?

Spot automates cloud infrastructure to ensure performance, reduce complexity and optimize costs. Give your cloud workloads the most scalable and available infrastructure at the lowest possible cost. Actionable cloud cost analysis and reporting. Completely automated container infrastructure management.