NetApp, Inc. (NTAP)

Over the past six months, NetApp's stock (NTAP) has experienced fluctuations, with a closing price of $103.34 as of February 6, 2026. The stock's 52-week range has been between $71.84 and $127.78, with a year-over-year change of -15.92%. In August 2025, NetApp raised its annual revenue and profit forecasts due to steady demand for its cloud-based data management services and increased investments in high-capacity storage solutions for AI. In November 2025, NetApp reported its Q3 FY2025 results, which exceeded expectations in terms of earnings per share and revenue, although the stock experienced a slight decline due to softer forward revenue guidance.

NetApp acknowledges revenue seasonality as a factor impacting its financial performance, with a usual pattern of deferred revenue leading to an expected sequential decline in RPO. The demand for NetApp's products and services is significantly influenced by the evolving market for cloud data services and AI-ready infrastructure. In fiscal year 2025, the company saw a 14% year-over-year increase in its All-Flash Array annualized run rate, reaching $4.1 billion, and its AI business experienced a fivefold increase year-over-year in Q4 FY25.

NetApp, Inc. is a global, cloud-led, data-centric software company specializing in unified data storage, integrated data services, and cloud operations solutions. Founded in 1992, NetApp aims to ensure data is available, accessible, and optimized across hybrid multicloud environments. The company offers a comprehensive portfolio of products and services, including ONTAP data management software, cloud-native data services, and storage hardware, serving diverse industries with scalable, secure, and efficient data solutions.

NetApp has a significant global presence with its headquarters in San Jose, California, and an international headquarters in Cork, Ireland. The company has offices across the Americas, including locations in Boulder, Colorado; Cranberry Township, Pennsylvania; Hillsboro, Oregon; New York City, New York; RTP, North Carolina; Vancouver, British Columbia; Vienna, Virginia; and Wichita, Kansas. In Europe, the Middle East, and Africa, NetApp has offices in countries such as Austria, France, Germany, Iceland, and Ireland. Its Asia Pacific operations include offices in Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and Vietnam.

NetApp has maintained a strong brand reputation, receiving several notable awards and recognitions in 2025. NetApp was named a Customers' Choice for Primary Storage Platforms by Gartner Peer Insights and recognized in CRN's AI 100 Awards and Storage 100 Awards. The company also received the 2025 Google Cloud Infrastructure Modernization Partner of the Year for Storage award and appointed Paul Fipps to its Board of Directors in June 2025.

Institutional investors hold approximately 98.6% of NetApp's shares, with top holders including The Vanguard Group, Inc., BlackRock, Inc., and State Street Global Advisors, Inc. Individual insiders own around 0.391% of the shares.