NetApp Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
NetApp, Inc. (NASDAQ:NTAP) is set to release its first-quarter earnings on August 28, with analysts expecting an increase in earnings per share and revenue. Recent analyst ratings show a mix of Neutral and Buy ratings, with price targets ranging from $120 to $138.
August 28, 2024 | 6:00 pm
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NetApp is expected to report increased earnings and revenue for Q1. Analysts have mixed ratings, with price targets between $120 and $138. The stock recently closed at $133.12.
NetApp's upcoming earnings report is anticipated to show growth in EPS and revenue, which is generally positive for the stock. Analysts' ratings are mixed but show a slight upward revision in price targets, indicating a positive sentiment. The stock's recent price is close to the higher end of the target range, suggesting potential for short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100