NetApp Inc. Quarterly Earnings Release Scheduled for May 29

NetApp Inc., a U.S.-based information technology company specializing in storage and data management solutions, will release its quarterly earnings on May 29.

Earnings Expectations

Analysts predict a significant increase in revenue and earnings per share compared to the previous year. The exact figures are not specified in the provided information.

Stock Performance

NetApp’s stock has underperformed the broader market over the past year. However, analysts remain moderately optimistic about the company’s prospects.

Recent Insider Sale

A recent insider sale has raised concerns among investors. The details of the sale are not provided in the given text.

Future Outlook

Analysts believe NetApp has the potential to break even in 2027. The company’s stock price has been volatile, but no further information is available to support this prediction.