Netapp Inc Stock Price, News & Analysis

NetApp (NASDAQ: NTAP) on October 14, 2025 introduced the NetApp AFX disaggregated all‑flash storage system and NetApp AI Data Engine (AIDE) to bolster an enterprise‑grade data platform for AI.

Key highlights: AFX supports linear performance scaling up to 128 nodes, TBs‑per‑second bandwidth and exabyte‑scale capacity; AIDE provides global data indexing, vectorization, semantic search, automated synchronization, and built‑in data guardrails, built with NVIDIA accelerated computing. Products are available via direct purchase or NetApp Keystone STaaS; object API for Azure NetApp Files is in public preview.

NetApp (NASDAQ: NTAP) and Red Hat expanded their collaboration on October 14, 2025 to accelerate adoption of Red Hat OpenShift Virtualization across on‑premises and public cloud environments. NetApp is running development and testing on OpenShift Virtualization while Red Hat uses NetApp ONTAP for faster provisioning and data protection. New joint offerings extend OpenShift Virtualization to AWS (FSx for NetApp ONTAP + ROSA) and Google Cloud (NetApp Volumes + OpenShift Dedicated). NetApp also expanded its Shift Toolkit to support OpenShift Virtualization, claiming VM conversion from hours/days to minutes. The companies will present joint sessions at NetApp INSIGHT 2025.

NetApp (NASDAQ: NTAP) said on October 8, 2025 that the Aston Martin Aramco Formula One Team completed its migration to run 100% of its data storage on NetApp. The deployment uses NetApp StorageGRID, BlueXP, and high-throughput storage to support AI-driven design, CFD and wind-tunnel simulations, telemetry analysis, and trackside decision-making.

This unified, geo-distributed data infrastructure is presented as enabling faster design-to-build cycles, real-time telemetry access measured in milliseconds, and scalable handling of petabyte-scale datasets across cloud and edge environments.

NetApp (NASDAQ: NTAP) will hold its 2025 INSIGHT customer conference in Las Vegas on October 14–16, 2025. On October 14, 2025 NetApp will host a technology session for financial analysts and investors from 12:00–3:00 p.m. PT featuring CEO George Kurian and tech specialists on enterprise storage, AI, cloud transformation, data infrastructure modernization, and cyber resilience.

A moderated customer panel will be led by Kris Newton, vice president investor relations. NetApp will also host a mainstage keynote on October 14, 2025, 9:00–10:15 a.m. PT with industry speakers and entertainment icons. Live webcasts and replay will be available at http://investors.netapp.com, with replays posted approximately 24 hours after the events.

NetApp (NASDAQ: NTAP) released IDC's 2025 Enterprise AI maturity study showing large enterprises that prioritize data readiness and infrastructure achieve stronger AI outcomes. AI Masters reported a 24.1% revenue improvement and 25.4% cost savings versus less mature peers. The study found storage overhaul needs fell from 63% (2024) to 37% (2025), yet 84% say storage is not fully optimized for AI. 62% of Masters increased AI security budgets vs 16% of less mature firms. IDC surveyed over 1,200 global decision makers in Jan 2024 and Jun 2025.

The report emphasizes data quality, governance, security, and cloud-smart architectures as prerequisites for scaling AI.

NetApp (NASDAQ: NTAP) has unveiled StorageGRID 12.0, an enhanced version of its software-defined object storage solution. The update introduces significant improvements in three key areas: AI workload performance, management simplification, and security features.

The new version delivers up to 20x more throughput through advanced caching capabilities, supports AI dataset versioning with bucket branches, and enables space-efficient bucket cloning. For administrators, StorageGRID 12.0 offers automated drive firmware updates and improved log archiving. Security enhancements include AES GCM encryption, stronger on-disk encryption, default SSH port blocking, and support for object lock in cross-grid replication.

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.