NetApp's collaboration with Supermicro to enhance data center capabilities could impact its market position.
NetApp Inc has gained attention with its recent alliance with Supermicro, aimed at enhancing full-stack data center capabilities through AI technology. This partnership is expected to change how companies use data centers, leveraging AI to boost efficiency and performance.
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NetApp Inc
NTAP.US
NTAP.US
NetApp Inc
WealthAwesomeMarket cap
$43.95B
P/E
31.6x
Div. yield
0.92%
Div. / share
$2.08
52W high
$231.90
52W low
$92.93
1W change
+9.47%
Beta
1.45
Analyst Price Targets
Based on 20 analysts covering NTAP · as of Oct 5, 2026
Wall Street analysts forecast NTAP stock price to fall 10.1% over the next 12 months.
Consensus
Buy3.70 / 5.00
Avg. Target
C$201.06
-10.1% Upside
Previously C$198.25 on Oct 1, 2026
Current Price
C$223.77
Last close
Analyst Breakdown (20 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on NTAP's historical volatility
30-Day Vol
41.9%
Annualized
90-Day Vol
53.9%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$267.52
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$237.49 | C$205.53 – C$274.43 |
| 60 trading days | C$252.06 | C$205.46 – C$309.23 |
| 90 trading days | C$267.52 | C$208.27 – C$343.63 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should monitor how this partnership develops and its potential impact on NetApp's market position.
NetApp's stock has risen 20.57% in the past month.
The stock closed at C$223.77, reflecting a strong performance trend with a market cap of approximately C$43.95 billion.
Bull case
This alliance could position NetApp as a leader in AI-driven data center solutions. By attracting new clients, it may drive significant revenue growth.
Bear case
However, potential integration challenges and competition in the AI space could limit the expected benefits of the partnership.
What Happened
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NetApp Inc has formed a strategic alliance with Supermicro to enhance its data center offerings through advanced AI technologies. This partnership aims to improve the efficiency and capabilities of data centers, allowing organizations to use AI for better performance and management of their data resources.
What the Numbers Show
NetApp's stock closed at C$223.77, down 1.10% on the day but up 20.57% over the past month. The latest trading volume was 3,192,638 shares, significantly higher than the 20-day average volume of 2,508,180 shares, indicating increased investor interest. The company's market capitalization stands at approximately C$43.95 billion, with a P/E ratio of 31.56.
What to Watch Next
Investors should keep an eye on developments related to the Supermicro alliance, including updates on product offerings and customer adoption. Additionally, market reactions to the partnership and its impact on NetApp's growth metrics will be critical in assessing the long-term implications for the company.
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