NetApp's Trading Volume Surges 114% to $388 Million, Ranked 240th Despite Stock Price Decline

On May 29, 2025, NetApp's trading volume reached $388 million, marking an 114.18% increase from the previous day. This surge placed NetApp at the 240th position in terms of trading volume for the day. However, the stock price of NetApp (NTAP) declined by 0.46%, marking the second consecutive day of decline, with a total decrease of 1.16% over the past two days.

NetApp reported record results for the fourth quarter and fiscal year 2025. The company's net revenues for the fourth quarter were $1.73 billion, representing a 4% year-over-year increase. For the entire fiscal year 2025, net revenues amounted to $6.57 billion, a 5% increase from the previous year.

NetApp exceeded earnings and revenue estimates for the quarter ending April 2025. The company reported earnings per share (EPS) of $1.93, surpassing analyst estimates by $0.04. Revenue for the quarter was $1.73 billion, which also exceeded expectations.

NetApp's fiscal fourth-quarter earnings were $340 million. The company's revenue for the period increased by 3.8% to $1.732 billion from $1.668 billion in the previous year. This strong performance indicates robust financial health and operational efficiency.