NetApp Inc
Technology
NetApp Inc (NTAP) Stock News
The latest NTAP headlines and market coverage — 9 recent stories, updated throughout the day.
- Zacks Investment Research·
Why NetApp (NTAP) Outpaced the Stock Market Today
NetApp (NTAP) closed at $215.05, up 2.37%, outperforming the broader market and its sector. The stock has gained 16.21% over the past month. Analysts expect Q earnings of $2.6 per share (26.83% YoY growth) and full-year earnings of $10.05 per share (23.62% growth). NetApp holds a Zacks Rank #1 (Strong Buy) rating with consensus EPS estimates rising 13.28% over the last 30 days, though the stock trades at a premium valuation with a Forward P/E of 20.91 versus its industry average of 10.65.
- Zacks Investment Research·
Why NetApp (NTAP) Might be Well Poised for a Surge
NetApp (NTAP) has received a Zacks Rank #1 (Strong Buy) rating due to strong upward earnings estimate revisions from analysts. The company's consensus estimates have increased significantly, with current-quarter earnings expected at $2.60 per share (+26.8% YoY) and full-year earnings at $10.05 per share (+23.6% YoY). The stock has gained 6% over the past four weeks, reflecting investor confidence in its earnings growth prospects.
- Zacks Investment Research·
NTAP Stock Up 14.8% in 3 Months Can AI Momentum Keep It Climbing?
NetApp shares gained 14.8% over three months driven by record all-flash revenue growth of 46.6%, approximately 350 new AI and data lake modernization deals, and a strong Q1 earnings beat. The company raised fiscal 2027 revenue guidance to $7.975-$8.225 billion and earnings to $9.73-$10.03 per share. However, margin pressures from component costs and demand timing risks remain concerns.
- Zacks Investment Research·
Don't Overlook These 2 AI-Driven Tech Stocks After Earnings: CIEN, NTAP
Ciena and NetApp delivered impressive earnings results and raised guidance, capitalizing on AI infrastructure demand. Ciena's optical networking equipment saw 82% YoY cloud provider revenue growth with a raised FY2026 guidance to $6.42B (35% growth). NetApp posted record results with 30% YoY revenue growth to $2.02B and significantly raised FY2027 guidance to $7.98-$8.23B. Both stocks hold Zacks Rank #2 (Buy) ratings.
- Zacks Investment Research·
NTAP Q1 Earnings & Revenues Top Estimates on AI and All-Flash Strength
NetApp delivered record Q1 fiscal 2027 results with EPS up 66.5% to $2.58 and revenues climbing 29.9% to $2.03 billion, driven by strong AI spending and all-flash array sales reaching $1.31 billion. The company raised full-year guidance to $7.975-$8.225 billion in revenues with EPS of $9.73-$10.03, reflecting 17% and 22% growth respectively.
- Zacks Investment Research·
NetApp (NTAP) Surpasses Q1 Earnings and Revenue Estimates
NetApp reported quarterly earnings of $2.58 per share, beating consensus estimates of $2.13 and representing a 21.13% earnings surprise. The company also exceeded revenue expectations with $2.03 billion, up from $1.56 billion year-over-year. NetApp has outperformed the S&P 500 by 71% year-to-date and holds a Zacks Rank #2 (Buy) rating. UiPath is expected to report results on September 3 with flat earnings expectations of $0.15 per share but 9.9% revenue growth anticipated.
- Zacks Investment Research·
What Analyst Projections for Key Metrics Reveal About NetApp (NTAP) Q1 Earnings
Wall Street analysts project NetApp will report Q1 earnings of $2.13 per share (up 37.4% YoY) with revenues reaching $1.84 billion (up 18.2% YoY). The consensus EPS estimate has been revised upward by 1.3% over the past 30 days. Key metrics show strong growth across services, public cloud, and hybrid cloud segments, though product gross margins are expected to decline slightly. NetApp carries a Zacks Rank #2 (Buy) rating and has outperformed the S&P 500 by 5.3% over the past month.
- Zacks Investment Research·Neutral
NetApp (NTAP) Stock Falls Amid Market Uptick: What Investors Need to Know
NetApp stock declined 1.64% to $190.68 while the broader market gained, underperforming the S&P 500 and Nasdaq. Despite strong year-to-date gains of 11.9%, the company faces upcoming earnings on September 2, 2026, with analysts expecting $2.12 EPS (36.77% YoY growth) and $1.84B revenue (18.24% increase). NetApp holds a Zacks Rank #3 (Hold) with a Forward P/E of 21.43, trading at a premium to its industry average.
- Zacks Investment Research·
NetApp (NTAP) Just Overtook the 20-Day Moving Average
NetApp (NTAP) has broken through its 20-day moving average, suggesting a short-term bullish trend. The stock has risen 11.9% over the last four weeks and received 3 upward earnings estimate revisions with no downward revisions, indicating positive momentum. NTAP is currently rated as a Zacks Rank #3 (Hold) stock.