Netapp Inc Stock Price, News & Analysis

NetApp (NASDAQ: NTAP) has been named a Leader in the 2025 Gartner Magic Quadrant for Enterprise Storage Platforms, recognizing the company's Ability to Execute and Completeness of Vision. This new report combines previous Magic Quadrant reports for Primary Storage Platforms and File and Object Storage markets.

The company has also received recognition as a Customers' Choice in the 2025 Gartner Peer Insights 'Voice of the Customer' for Primary Storage Platforms, with 98% of verified users recommending NetApp. The company's solutions focus on helping enterprises build Intelligent Data Infrastructure to address modern challenges, including cyber threats and AI-driven decision-making.

NetApp (NASDAQ: NTAP) announced that CEO George Kurian will participate in J.P. Morgan's CEO Spotlight Series on September 11, 2025. The discussion will focus on AI industry dynamics, long-term strategies, and specific opportunities for NetApp.

The event will take place at 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time and will be moderated by J.P. Morgan financial analyst Samik Chatterjee. No new financial information will be discussed during the conference call. Interested parties can access the webcast through NetApp's Investor Relations website.

NetApp (NASDAQ: NTAP) reported its Q1 FY2026 results with net revenues of $1.56 billion, up 1% year-over-year. The company achieved significant milestones, including the #1 market share position in all-flash storage for calendar Q1 2025. Key highlights include all-flash array revenue growth of 6% year-over-year to $893 million and public cloud storage services revenue growth of 33% year-over-year.

The company delivered record Q1 GAAP operating profit of $309 million and record Q1 free cash flow of $620 million. NetApp returned $404 million to stockholders through share repurchases and dividends. For FY2026, NetApp expects revenues between $6.625 billion and $6.875 billion, with non-GAAP EPS guidance of $7.60 to $7.90.

NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, has announced its participation in two upcoming technology conferences. CEO George Kurian will participate in a fireside chat at the Citi 2025 Global TMT Conference on September 3, 2025, from 12:50 to 1:25 PM ET. Additionally, EVP, Finance and CFO Wissam Jabre will speak at the Goldman Sachs Communicopia + Technology Conference 2025 on September 9, 2025, from 3:05 to 3:40 PM PT.

Live audio webcasts will be available on NetApp's investor relations website, with archived recordings accessible after the events.

NetApp (NASDAQ: NTAP) has announced the winners of its North America Partner Awards for Fiscal Year 2025, recognizing partners who excelled in delivering NetApp solutions and services. World Wide Technology emerged as the North America Partner of the Year, while TD SYNNEX was named Distributor of the Year.

The awards span multiple categories including Flash, SAN, Cloud, and AI Innovation, highlighting partners' success in helping customers build intelligent data infrastructure. Notable winners include CDW for NetApp Keystone Partner of the Year, Red8 for AI Innovation Partner of the Year, and CTG Federal LLC for DoD Partner excellence.

NetApp (NASDAQ: NTAP) has announced that Amazon FSx for NetApp ONTAP is now supported as external storage for Amazon Elastic VMware Service (Amazon EVS) on AWS. This integration enables organizations to efficiently migrate VMware workloads to AWS while maintaining their existing data management workflows.

Key features include migration advisor for Amazon EVS workloads through BlueXP workload factory, expanded VMware disaster recovery support in BlueXP, and enhanced ransomware protection features. The solution offers both NFS and VMFS datastore options via iSCSI protocol, and customers have reportedly achieved 50% cost reduction after adopting Amazon FSx for NetApp ONTAP.

NetApp (NASDAQ: NTAP) has scheduled its first quarter fiscal year 2026 financial results announcement for August 27, 2025, after market close. The company will host a conference call and webcast at 2:30 p.m. Pacific Time where executive management will discuss the results and market dynamics.

The webcast will be accessible at investors.netapp.com, with a replay available after 4:30 p.m. Pacific Time. The company has also announced its targeted release dates for the remaining quarters of FY2026 and Q1 FY2027.

NetApp (NASDAQ: NTAP) and William Blair & Company have announced a technical discussion focused on Intelligent Data Infrastructure for AI. The event will feature presentations from Russell Fishman, Sr. Director of Product Management, and Andy Sayare, Director of Strategic Alliances from NetApp.

The tech talk will take place on Thursday, July 10, 2025 at 11:00 a.m. PT / 2:00 p.m. ET, with William Blair analyst Jason Ader moderating the Q&A session. The company has confirmed that no new financial information will be discussed during this conference call.

NetApp (NASDAQ: NTAP) has won the 2025 SE Labs Award for Enterprise Data Protection, reinforcing its position as the most secure storage provider globally. The award recognizes NetApp's ONTAP Autonomous Ransomware Protection with Artificial Intelligence (ARP/AI), which demonstrated 99% detection rate of advanced full-file encryption ransomware attacks with zero false positives.

The recognition from SE Labs, based on public testing, private assessments, and corporate client feedback, validates NetApp's innovation in cyber resiliency. The company continues to enhance its security offerings, including advanced capabilities for protecting critical workloads in native cloud environments and upcoming features for block storage workload protection.