Stock returns for NetApp

NetApp (NTAP) stock has returned 96% in the last 12 months, 7.3% in the last month, and 6.5% in the last three months. NetApp stock rose 36% in 2016 and almost 60% in 2017. Since the start of 2018, it’s risen just over 52%.

NetApp’s peers Hewlett Packard Enterprise (HPE), IBM (IBM), PureStorage (PSTG), and Dell Technologies (DVMT) have generated returns of 13%, -3%, 45%, and 16%, respectively, so far in 2018.

A Look at NetApp Stock’s Returns and Price Targets

Analysts’ recommendations

Of the 29 analysts tracking NetApp, ten have recommended “buys,” 16 have recommended “holds,” and three have recommended “sells” on the stock.

Analysts’ 12-month average price target for NetApp is $78.38, and their median estimate is $79.00. NetApp is trading at a premium of 5.0% to analysts’ median estimate.

Moving averages

On August 8, NetApp closed the trading day at $82.97. Based on that price, the stock was trading as follows:

  • 14.4% above its 100-day moving average of $72.51
  • 5.9% above its 50-day moving average of $78.37
  • 2.4% above its 20-day moving average of $81.05


NetApp’s 14-day MACD (moving average convergence divergence) is 2.14. A stock’s MACD marks the difference between its short-term and long-term moving averages. NetApp’s positive MACD score indicates an upward trading trend.

NetApp has a 14-day RSI (relative strength index) score of 63, which shows that the stock is trading close to overbought territory. An RSI score of above 70 indicates that a stock has been overbought, while an RSI score of below 30 indicates that a stock has been oversold.

Latest articles

Last week (ended August 16) was rough for Canopy Growth (WEED)(CGC) stock. It fell about 14% after the company's fiscal 2020 first-quarter earnings report.

Apple shares rose close to 3% in early hour trading on Monday. So, why is Apple stock trading higher? The market sentiment might have turned positive.

Huawei plans to launch its own mapping service as soon as this October. But Huawei’s Map Kit will initially not be a consumer mapping service.

Ford stock fell 5.2% last week. The fall extended the stock’s decline to 13.3% since its second-quarter results on July 24.

In April, Amazon announced its plan to transform its free two-day shipping program to a free one-day shipping program for its Prime customers.

Cannabis companies face regulatory challenges. Recently, CannTrust (CTST) didn't comply with Health Canada’s regulations.