NetApp's Trading Volume Surges 77.95% to $695 Million, Stock Price Drops 0.05% in 238th Ranking

Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:46 pm ET1min read

On May 30, 2025, NetApp's trading volume reached $695 million, marking a 77.95% increase from the previous day, placing it 238th in the day's stock market rankings. However, the stock price of

(NTAP) fell by 0.05%, marking the third consecutive day of decline, with a total decrease of 1.21% over the past three days.

NetApp reported its fourth-quarter fiscal 2025 financial results after the market closed on Thursday. Despite the Q4 results exceeding estimates, the company's outlook for the first quarter of fiscal 2026 fell short of market expectations.

NetApp achieved Q4 FY25 revenue of $1.73 billion, reflecting a 3.8% year-over-year growth and aligning with the company's guidance range of $1.65-$1.80 billion. The earnings per share (EPS) for the quarter was $1.93, surpassing estimates by $0.03, while revenue reached $1.73 billion, exceeding expectations by $10.17 million.

Despite the positive Q4 results, NetApp's stock price declined due to the lower-than-expected guidance for the first quarter of fiscal 2026. Investors were likely disappointed by the company's cautious outlook, which overshadowed the strong performance in the previous quarter.

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