NetApp, Inc.
NetApp, Inc. (NTAP) is a US-based provider of data storage systems and cloud data services, helping organisations store, manage and protect data across on-premise and cloud environments. In recent years NetApp has shifted from primarily selling hardware to emphasising software, cloud integrations and subscription-based services — a move that aims to grow recurring revenue and improve margins but requires execution. Investors should watch subscription growth, software mix, gross margins, free cash flow and customer retention, as these signal the success of the cloud transition. Key strengths include long-standing enterprise relationships and partnerships with major cloud providers, while risks include cyclical IT spending, strong competition from cloud hyperscalers and software rivals, and execution risk during the transition. This is general informational content only and not personalised advice; values can fall as well as rise. Consider your objectives and consult a qualified financial adviser before investing.
Why It's Moving
NetApp Powers Ahead with Q1 Earnings Beat and AI-Optimized Data Tools Launch
- Q1 revenues hit $1.559 billion, up from $1.541 billion last year, with non-GAAP net income per share guidance of $7.60-$7.90 signaling robust profitability ahead.
- Secured #1 market share in all-flash storage for Q1 2025, highlighting NetApp's dominance in high-performance data solutions critical for AI workloads.
- Launched NetApp Trident 25.06 and new management systems, enhancing Kubernetes scalability, security, and disaster recovery to meet exploding containerized app needs.
NetApp Powers Ahead with Q1 Earnings Beat and AI-Optimized Data Tools Launch
- Q1 revenues hit $1.559 billion, up from $1.541 billion last year, with non-GAAP net income per share guidance of $7.60-$7.90 signaling robust profitability ahead.
- Secured #1 market share in all-flash storage for Q1 2025, highlighting NetApp's dominance in high-performance data solutions critical for AI workloads.
- Launched NetApp Trident 25.06 and new management systems, enhancing Kubernetes scalability, security, and disaster recovery to meet exploding containerized app needs.
When is the next earnings date for NetApp, Inc. (NTAP)?
NetApp's next earnings date for Q3 FY2026 is targeted for February 26, 2026. This release will cover the quarter ending in late January 2026. Investors should note that while this aligns with the company's guidance and analyst estimates, official confirmation may follow prior to the event.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying NetApp's stock with a target price of $123.62, indicating strong growth potential.
Financial Health
NetApp is showing strong revenue and cash flow, with solid profit margins indicating good financial performance.
Dividend
NetApp's average dividend yield of 2.21% offers a decent return for dividend-seeking investors. If you invested $1000, you would be paid $22.10 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Baskets Featuring NTAP
Powering Amazon's $100B AI Expansion
Amazon's strong earnings were driven by its AWS cloud division, which is now set for a $100 billion infrastructure investment. This massive expansion creates a significant opportunity for companies that supply the essential hardware and components for data centers and AI.
Published: August 3, 2025
Explore BasketPowering The iPhone: Apple's Supply Chain
Following Apple's record-breaking revenue announcement, there's a clear investment opportunity in the companies that form its extensive global supply chain. This theme focuses on the key suppliers of components for the iPhone and Mac, who are poised to benefit from the tech giant's continued growth and production demands.
Published: August 3, 2025
Explore BasketTech's Divergent Strength
While the broader market sends mixed signals, tech-focused indexes are hitting record highs, creating a clear divergence from industrial stocks. This theme focuses on the technology companies and their key suppliers that are driving this powerful, innovation-led rally.
Published: July 25, 2025
Explore BasketPowering Oracle's Cloud Expansion
Oracle's landmark $30 billion cloud contract requires a massive build-out of data centers and AI infrastructure. Our analysts have identified the key suppliers of servers, semiconductors, and networking hardware that are essential for this expansion and positioned to benefit directly.
Published: July 3, 2025
Explore BasketPost-Merger Network Shakeup
A carefully selected group of companies positioned to benefit from HPE's $14 billion acquisition of Juniper Networks. This merger creates a powerful new player in AI-native networking, challenging industry leader Cisco and sparking innovation across the entire data center ecosystem.
Published: July 2, 2025
Explore BasketGoogle's Growth Engine
As Google pours billions into AI and cloud infrastructure, a select group of technology suppliers are reaping the rewards. These carefully chosen stocks represent the companies providing the essential hardware and technology that power Alphabet's ambitious growth plans.
Published: June 30, 2025
Explore BasketThe $4 Trillion Tech Race
Behind Nvidia and Microsoft's historic race to a $4 trillion valuation lies an entire ecosystem of essential suppliers. These carefully selected companies provide the critical infrastructure, semiconductors, and hardware that make the AI revolution possible.
Published: June 30, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Shift to Subscriptions
NetApp’s move from hardware to software and subscriptions can smooth revenue and lift margins over time, though transition execution and timing can vary.
Cloud Partnerships Matter
Integrations with AWS, Azure and Google Cloud open hybrid-cloud opportunities, but competition from cloud-native providers and hyperscalers remains a material challenge.
Margin & Cash Flow
Investors often watch gross margins, free cash flow and subscription mix as signs of durable profitability; remember these metrics can fluctuate with IT spending cycles.
Compare NetApp with other stocks
Affirm vs NetApp
Affirm vs NetApp: A concise business comparison.
Jabil vs NetApp
Jabil vs NetApp: A business comparison
NetApp vs Flex
NetApp vs Flex: a company comparison
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
Apple, Inc.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players.
Dell Technologies Inc
Designs, develops, manufactures, sells, and supports a wide range of computer products and services.
Hewlett Packard Enterprise Co.
Hewlett Packard Enterprise Co. is an IT company
