NetApp Inc (NASDAQ: NTAP) stock closed at $99.81 on 2/28/25 after a major decline of -15.6%. Moreover, trading volume in this decline was exceptionally high at 600% of normal. The stock has declined -19.9% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
NetApp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. NetApp has a good Appreciation Score of 81 but a neutral Power Rating of 46, producing the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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