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Assessing NetApp (NTAP) Valuation As Analyst Views Diverge And Super Bowl LX Spotlight Draws Attention
NetApp (NTAP) is gaining attention due to its role in powering Super Bowl LX data operations and divergent analyst views on its prospects. Trading at US$99.59, the company is considered undervalued by a widely followed narrative, suggesting a potential mispricing given its lower P/E, intrinsic discount, and gap to analyst targets. The article highlights NetApp’s increasing AI wins as a key growth driver, while also cautioning about risks like persistent softness in traditional product revenue and hyperscaler reliance.