Why NetApp's 46% Stock Jump Might Be Just The Beginning?
1. NetApp stock has risen 46% in 2024, outperforming the S&P 500. 2. Hybrid Cloud revenue grew 6% year-over-year to $1.5 billion in FY25's first half. 3. AI demand may boost NetApp's hardware and flash product sales significantly. 4. Revenue guidance raised to $6.54-$6.74 billion, with 13% EPS growth expected.