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The latest trading day saw NetApp (NTAP) settling at $209.74, representing a +1.14% change from its previous close.

ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has been named the NetApp North America Flash Partner of the Year for NetApp fiscal year 2026 (FY'26). The award was presented to ePlus for strong growth, disciplined pipeline execution, deep technical expertise, and close alignment with NetApp priorities for flash.

NetApp (NTAP) closed at $222.2 in the latest trading session, marking a -7.03% move from the prior day.

A number of stocks fell in the afternoon session after a broad pickup in energy expenses lifted September inflation to 3.7%, surpassing expectations and driving bond yields higher.

HPE stock fell along with Dell and NetApp after Barclays downgraded the enterprise system suppliers, citing AI spending trends.

Barclays downgraded Dell Technologies, Hewlett Packard Enterprise and NetApp to ‘Equal Weight’ from ‘Overweight’.

Shares of data storage company NetApp (NASDAQ:NTAP) jumped 6% in the afternoon session after the company introduced a new AI factory architecture at its Insight conference, according to TipRanks. The company also launched Keystone Sovereign for regulated markets and expanded partnerships with Oracle and Supermicro. The package—AI factory architecture, sovereign cloud storage, and bigger OEM ties—sparked optimism among investors and analysts, who lifted price targets on the back of the AI storage

Stock Market Today: The Dow Jones index rallies Friday after a surprise result from the U.S. jobs report. Tesla stock jumps on deliveries.

In the closing of the recent trading day, NetApp (NTAP) stood at $215.05, denoting a +2.37% move from the preceding trading day.

SAN JOSE, Calif., October 01, 2026--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced at NetApp INSIGHT 2026 the winners of its North America Partner Awards for Fiscal Year 2026 (FY’26). NetApp’s strategic partnerships aid in providing NetApp products and solutions to solve the business challenges of their joint customers.

NetApp (NASDAQ:NTAP) used its INSIGHT 2026 event to outline a strategy for helping enterprises prepare data infrastructure for agentic AI, announcing expanded cloud partnerships, enhancements to its AI Data Engine and management platform, and a new high-scale storage architecture called NetApp Novus

NTAP's Keystone Sovereign expands regional, operational and data-handling controls as European customers seek greater infrastructure sovereignty.

According to TheFly, BofA lifted its NetApp price target after attending INSIGHT 2026, assigning a higher valuation multiple to the additional addressable market it sees emerging from artificial intelligence.

NetApp expands its cloud and AI infrastructure ecosystem through new collaborations with Oracle, SAP and Supermicro.

NetApp's current valuation of 20-23x FY2027 EPS is seen as unattractive given historical multiples. Check out why NTAP stock is a hold.

B of A Securities analyst Wamsi Mohan maintains NetApp (NASDAQ:NTAP) with a Neutral and raises the price target from $200 to $220.

NetApp has announced major alliance expansions with enterprise leaders SAP, Oracle, and Supermicro to power data-intensive AI workloads and streamline hybrid cloud operations.

SAN JOSE, Calif., September 29, 2026--NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced NetApp Novus™, the fastest storage on the planet designed for AI infrastructure providers operating large GPU environments. Built to support a zettabyte-scale file system, this next-generation architecture will allow AI factories to keep millions of GPUs continuously fed with data, maximizing the efficiency, utilization, and profitability of their investments.

NetApp stock rallied sharply Thursday, hitting an early buy trigger. The AI name boasts accelerating quarterly earnings and sales growth.

Commvault (NASDAQ: CVLT) today announced its presence at NetApp INSIGHT 2026, running September 29-October 1 in Las Vegas. Exhibiting at Booth #311, Commvault will be showcasing how, in conjunction with NetApp, the companies are helping organizations confidently embrace AI while strengthening resilience across the hybrid cloud.

SUNNYVALE, Calif., September 22, 2026--NetApp (NASDAQ: NTAP) will hold their 2026 INSIGHT™ customer conference in Las Vegas, Nevada on September 29 – October 1, 2026.

For private and hybrid cloud deployments, NetApp Inc.’s (NASDAQ:NTAP) ONTAP platform now offers a credible and secure data infrastructure foundation. The platform was recently tested for compatibility of its new features with VMware Cloud Foundation (VCF) 9.1, and the results were encouraging. The latest validation of the platform reinforces NetApp’s value proposition around multicloud adaptation […]

NetApp (NTAP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

Super Micro Computer (SMCI) stock rose 9.5% on Thursday, September 17, closing just over $40. The move followed a bullish call on how big the market for AI servers gets. That call may well be right. But it answers a question Super Micro's own results never raised. That is why one big session tells you less than it looks like it does.
Artificial intelligence has come under renewed scrutiny. But this AI stock is eyeing an entry amid bullish support as profits pop.
Hewlett Packard Enterprise (HPE) has returned 156% over the trailing twelve months, and the stock now sits right at the top of its 52-week range. The next leg is the hard one. What could power it is already on the company's books: orders it has taken and cannot yet ship.
The S&P 500 and Nasdaq regain their 50-day lines and Treasury yields fall in a bullish day two Fed reaction. SpaceX, AMD, Moderna are buys.
The S&P 500 and Nasdaq regain their 50-day lines and Treasury yields fall in a bullish day two Fed reaction. SpaceX, AMD, Moderna are buys.
SanDisk (SNDK) shares have surged from below $80 to over $1,650 over the past twelve months—a more than twentyfold run—and while they have given back about 13% over the past three months, they remain roughly 30% below their $2,354 peak. The argument against them is about a ceiling on margins. The number that complicates it is the share count.
Hewlett Packard Enterprise (HPE) trades near $62, at the top of its 52-week range and up about 160% over the past year. The company just reported record revenue of $12.2 billion for fiscal Q3 2026 and a raised outlook for fiscal 2027. The easy read is that you are early in an AI cycle. The harder question is what paid for it.
Hewlett Packard Enterprise (HPE) stock has run from about $24 to roughly $62 over the past year, a gain of about 159% against close to 19% for the S&P 500. That move was legible in advance, but only one place told you which way. The order book moved long before the profit line did.
STX's Edge IoT revenues jump 20% year over year in fiscal Q4, but seasonality, SSD displacement and competition could test momentum.
Anthropic's Dario Amodei, OpenAI's and SpaceX's Elon Musk say they want an AI slowdown. Will they? The Fed looms as well.
Anthropic's Dario Amodei, OpenAI's and SpaceX's Elon Musk say they want an AI slowdown. Will they? The Fed looms as well.
NetApp and Ciena delivered unusually strong results within a day of each other. NetApp’s fiscal Q1 revenue rose 30% to $2.03 billion, all-flash array sales grew 47% to $1.3 billion, and management raised full-year guidance. Ciena’s fiscal Q3 revenue climbed 37% to $1.67 billion, while adjusted earnings per share rose 215% to $2.11. NetApp, Inc. […]

While mega-cap AI stocks tend to grab most of the attention, investors shouldn't overlook Ciena (CIEN) and NetApp (NTAP) following record earnings reports this week.

NetApp, Inc. will release its first-quarter earnings report after the closing bell on Wednesday, Sept. 2. Analysts expect the company to report quarterly earnings of $2.12 per share, up from $1.55 per share in the year-ago period. The consensus estimate...

Data storage company NetApp (NASDAQ:NTAP) announced better-than-expected revenue in Q2 CY2026, with sales up 29.9% year on year to $2.03 billion. On top of that, next quarter’s revenue guidance ($2.1 billion at the midpoint) was surprisingly good and 13.2% above what analysts were expecting. Its non-GAAP profit of $2.58 per share was 21.5% above analysts’ consensus estimates.

The stock market rose modestly Wednesday. Snowflake surged late on earnings while Broadcom and HPE fell. A Tesla Cybercab event looms.
NetApp, Inc. (NTAP) Q1 2027 Earnings Call September 2, 2026 5:30 PM EDTCompany ParticipantsKris Newton - VP of Corporate Communications & Investor...

Zacks.com users have recently been watching NetApp (NTAP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
