What is Zacks Research’s Estimate for NetApp Q4 Earnings?

NetApp, Inc. (NASDAQ:NTAP) – Equities researchers at Zacks Research dropped their Q4 2025 earnings per share estimates for shares of NetApp in a research report issued to clients and investors on Wednesday, March 19th. Zacks Research analyst V. Doshi now anticipates that the data storage provider will post earnings per share of $1.50 for the quarter, down from their previous estimate of $1.54. The consensus estimate for NetApp’s current full-year earnings is $5.89 per share. Zacks Research also issued estimates for NetApp’s Q4 2026 earnings at $1.61 EPS, FY2026 earnings at $5.94 EPS, Q2 2027 earnings at $1.73 EPS, Q3 2027 earnings at $1.73 EPS and FY2027 earnings at $6.81 EPS.

Other analysts have also recently issued reports about the company. Barclays dropped their price objective on NetApp from $132.00 to $115.00 and set an “equal weight” rating for the company in a report on Friday, February 28th. Wells Fargo & Company dropped their price target on shares of NetApp from $130.00 to $115.00 and set an “equal weight” rating for the company in a research note on Friday, February 28th. Keefe, Bruyette & Woods raised shares of NetApp to an “outperform” rating in a research note on Wednesday, February 19th. StockNews.com lowered shares of NetApp from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Finally, Loop Capital cut their price target on NetApp from $150.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, March 4th. Twelve investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, NetApp currently has a consensus rating of “Hold” and an average target price of $129.07.

NetApp Trading Up 3.1 %

Shares of NTAP opened at $95.12 on Monday. The stock’s fifty day simple moving average is $112.05 and its 200-day simple moving average is $117.91. The firm has a market capitalization of $19.35 billion, a PE ratio of 17.49, a price-to-earnings-growth ratio of 2.45 and a beta of 1.24. NetApp has a 12-month low of $89.88 and a 12-month high of $135.45. The company has a quick ratio of 0.84, a current ratio of 0.91 and a debt-to-equity ratio of 1.39.

NetApp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Friday, April 4th will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend is Friday, April 4th. NetApp’s dividend payout ratio is presently 38.52%.

Insider Activity

In other news, CFO Michael J. Berry sold 12,500 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $120.74, for a total transaction of $1,509,250.00. Following the completion of the transaction, the chief financial officer now directly owns 123,243 shares in the company, valued at $14,880,359.82. This represents a 9.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Cesar Cernuda sold 22,000 shares of NetApp stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $114.99, for a total value of $2,529,780.00. Following the completion of the sale, the president now directly owns 27,099 shares in the company, valued at approximately $3,116,114.01. This represents a 44.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,931 shares of company stock worth $6,252,759 over the last ninety days. Insiders own 0.47% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NTAP. Vanguard Group Inc. raised its stake in shares of NetApp by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 26,443,974 shares of the data storage provider’s stock worth $3,069,617,000 after purchasing an additional 429,343 shares in the last quarter. State Street Corp increased its holdings in NetApp by 2.0% during the third quarter. State Street Corp now owns 10,261,170 shares of the data storage provider’s stock worth $1,267,357,000 after buying an additional 199,384 shares during the last quarter. Ameriprise Financial Inc. raised its position in NetApp by 14.5% during the fourth quarter. Ameriprise Financial Inc. now owns 7,024,456 shares of the data storage provider’s stock worth $815,402,000 after acquiring an additional 888,671 shares in the last quarter. Geode Capital Management LLC raised its position in NetApp by 8.2% during the third quarter. Geode Capital Management LLC now owns 5,985,673 shares of the data storage provider’s stock worth $738,280,000 after acquiring an additional 453,324 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in NetApp by 20.4% in the fourth quarter. Invesco Ltd. now owns 3,123,228 shares of the data storage provider’s stock valued at $362,544,000 after acquiring an additional 529,471 shares during the last quarter. 92.17% of the stock is owned by institutional investors and hedge funds.

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.