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San Jose, California-based NetApp, Inc. (NTAP) provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures. Valued at $21.2 billion by market cap, the company's storage solutions include specialized hardware, software, and services that provide storage management for open network environments.
Shares of NetApp have underperformed the broader market over the past year. NTAP has declined 12.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20.6%. In 2025, NTAP stock is down 7.2%, compared to the SPX’s 9.6% rise on a YTD basis.
