Why These 15 Data Center Stocks Are Plunging In 2025

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11. NetApp Inc (NASDAQ:NTAP)

Number of Hedge Fund Holders In Q4 2024: 41

NetApp Inc (NASDAQ:NTAP) is a global data infrastructure company that provides unified data storage.

The stock is down significantly so far in 2025 due to NetApp announcing disappointing Q4 FY2025 guidance.

The revenue forecast missed analyst expectations, and broader market concerns about tariffs and economic slowdown exacerbated the decline.

Moreover, NetApp’s Q3 FY2025 results came in with EPS slightly beating estimates at $1.91, with revenue missing estimates at $1.64 billion vs. the expected $1.69 billion.

Net income for Q3 FY2025 fell by 4.4% year-over-year to $299 million, while profit margins decreased from 20% to 18%, driven by higher expenses.

The consensus price target of $129.07 implies 40.32% upside.

NTAP stock is down 20.38% year-to-date.

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