NetApp, Inc. (NTAP)

NetApp's stock has experienced a decline of -2.18% in the past week, -5.34% in the past month, and -3.47% over the last year as of late October 2025. NetApp is scheduled to announce its fiscal Q2 earnings for 2026, with analysts expecting a profit of $1.51 per share. On August 27, 2025, NetApp reported better-than-expected Q1 earnings results, leading to a 4.5% rise in its share price. On May 30, 2025, NetApp's shares dropped 5% after the company forecast fiscal 2026 revenue below Wall Street expectations. The company's Q2 revenue reached $1.56 billion, exceeding forecasts and causing the stock to rise by 4.4%. Over the last three years, NetApp's stock has soared nearly 80%, and its five-year return is approaching 200%.

Demand for NetApp's products and services can be subject to revenue seasonality. In May 2025, the company experienced sluggish spending on its cloud data storage services due to economic uncertainty. In August 2024, NetApp anticipated steady demand for its cloud-based data management services and high-capacity storage solutions. As of January 2025, there was a growing demand for high-capacity storage solutions. The increasing demand for processing power and storage for open-source large language models also contributes to the need for NetApp's scalable infrastructure and managed services. Enterprises are increasingly demanding the convergence of containerized workloads, Kubernetes, GPUs, and AI/ML inference at the infrastructure layer.

NetApp, Inc. is a global leader in intelligent data infrastructure, providing software, systems, and services for managing and sharing data across various environments. The company operates within the Electronic Technology sector, focusing on Computer Peripherals and Computer Storage Devices industries, with a strong emphasis on software infrastructure. Its business is segmented into Hybrid Cloud and Public Cloud. NetApp provides data storage and management solutions for on-premises and hybrid cloud environments. It offers high-performance All-Flash Array (AFA) Systems and its industry-leading storage operating system, ONTAP. The company developed the AI Data Engine (AIDE) with NVIDIA and offers a portfolio of public cloud products delivered as-a-service. NetApp has introduced AI-optimized tools like NetApp AIPod and Domino Volumes for NetApp ONTAP.

NetApp, Inc. has a broad global presence, providing its range of enterprise software, systems, and services to customers across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region.

NetApp has maintained a strong brand reputation, receiving the Google Cloud Infrastructure Modernization Partner of the Year for Storage award in 2025. The company was named a Customers' Choice in the 2025 Gartner Peer Insights Voice of the Customer for Primary Storage Platforms. NetApp has strengthened its enterprise-grade data platform for AI innovation, introducing new exabyte-scale AFX systems and an AI Data Engine built with NVIDIA. A collaboration with Equinix, Broadcom, and Kochasoft was announced in October 2025, offering a new service for SAP S/4HANA & SAP Legacy Workloads. NetApp's strategic focus on AI-optimized tools and cloud-based data management has positioned it to capitalize on the growing demand for high-capacity storage solutions. The company also released a report titled "The AI Space Race."

Major ownership of NetApp, Inc. is predominantly institutional, with institutions holding 98.31% of the company's shares, while insider ownership stands at 0.5%.