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NetApp (NTAP) Stock News, Aug-Sep 2026

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NetApp, Inc. reports news about enterprise data storage, hybrid cloud infrastructure, and its Intelligent Data Infrastructure strategy. Company updates commonly cover the NetApp data platform, ONTAP data management software, all-flash storage, public-cloud storage services, and technologies that connect, protect, and activate data across clouds, workloads, and enterprise environments.

Recurring announcements include financial results webcasts, Google Cloud collaborations, Google Cloud NetApp Volumes enhancements, NetApp Data Migrator, AI-driven operations, sovereign and air-gapped cloud deployments using AFF, StorageGRID, and Trident, and ransomware resilience services for ONTAP environments.

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NetApp (NTAP) announced on September 25, 2026, its intent to acquire PEAK:AIO to expand its AI storage architecture.

The proposed combination would add PEAK:AIO's metadata services and parallel namespace technology to NetApp's ONTAP-based architecture. NetApp aims to let metadata services scale independently of stored data while retaining ONTAP as the data foundation. PEAK:AIO's technology includes a global namespace and parallel NFS-based access for workloads that access data at the same time.

The architecture is intended to support trillions of files and multi-exabyte deployments; those are design goals, not reported results. NetApp expects the integration to help shared storage scale alongside GPU clusters, but has not committed to delivering the described features or specified their timing. The transaction remains subject to customary closing conditions and regulatory approvals. No purchase price or closing date was disclosed.

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NetApp (NTAP) will hold its 2026 INSIGHT customer conference in Las Vegas, Nevada from September 29 to October 1, 2026. On September 29, the company will host a technology session for financial analysts and investors from 11:00 a.m. to 3:00 p.m. Pacific Time, featuring CEO George Kurian, CPO Syam Nair, CFO Wissam Jabre and other specialists discussing enterprise storage, AI, cloud transformation, data infrastructure modernization and cyber resilience. NetApp will also host a keynote session from 9:00 to 10:15 a.m. Pacific Time with tech luminaries, industry leaders and entertainment figures, with both events webcast live and via replay at the NetApp investor website.

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NetApp (NTAP) has been named an Official Partner of the Tampa Bay Buccaneers, extending its role as the NFL’s Official Intelligent Data Infrastructure Partner.

The Buccaneers will use NetApp’s Keystone subscription service and data platform to support game day and digital fan experiences, manage game video workloads, and enhance data security, availability, and threat detection across data centers and cloud environments.

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NetApp (NTAP) and Amazon Web Services announced that AWS Transform now supports Amazon FSx for NetApp ONTAP, enabling enterprises to migrate attached storage and database workloads directly to this managed service.

AWS Transform automates discovery, planning, and migration of workloads, allowing customers to move block storage, compute, and networking in the same migration wave. This removes the need for intermediate storage platforms and separate migration tools. After migration, users gain ONTAP capabilities with AWS scalability, data protection, rapid cloning, and support for multiple application types across all Regions where both services are available.

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NetApp (NTAP) announced that new NetApp ONTAP capabilities have been tested and validated to support VMware Cloud Foundation (VCF) 9.1, creating an optimized and secure data infrastructure foundation for private and hybrid clouds.

The combination of VCF 9.1 and NetApp ONTAP provides enterprise-grade storage, cyber resilience features, and support for AI and containerized workloads. NetApp highlights console-based backup, recovery and data services, advanced datastore-granular replication, and consistency group management embedded in the vCenter UI. NetApp first-party cloud storage is described as the only external enterprise storage certified for VCF across major hyperscale clouds, with VCF license portability enabling workload deployment on certified hyperscaler environments without refactoring.

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NetApp (NTAP) reported record first quarter fiscal 2027 net revenues of $2.03 billion, up 30% year-over-year, with GAAP EPS of $1.88 and record non-GAAP EPS of $2.58.

Billings were $2.06 billion, up 36% year-over-year. Hybrid Cloud revenues reached $1.82 billion and Public Cloud revenues $206 million, both growing 30% and 28% respectively. All-flash array net revenue was $1.3 billion, up 47% year-over-year. GAAP operating margin was 23.9%, and non-GAAP operating margin was 31.9%.

The company raised full-year fiscal 2027 guidance to net revenues of $7.975–$8.225 billion, GAAP EPS of $7.35–$7.65, and non-GAAP EPS of $9.73–$10.03, and guided Q2 revenues to $2.025–$2.175 billion. NetApp also announced the acquisition of AI data infrastructure firm DataPelago and declared a $0.52 per-share dividend payable on October 28, 2026.

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NetApp (NASDAQ: NTAP) will join fireside chats at two investor events on September 8, 2026: the Citi Global TMT Conference, featuring CFO Wissam Jabre, and the Goldman Sachs Communacopia + Technology Conference, featuring CEO George Kurian. Live and archived audio webcasts will be available at investors.netapp.com.

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NetApp (NASDAQ: NTAP) announced that Gartner has named the company a Leader in the 2026 Gartner Magic Quadrant for Enterprise Storage Platforms, continuing its Leader position from the report’s first edition in 2025. The recognition is based on Gartner’s assessment of NetApp’s Completeness of Vision and Ability to Execute.

In Gartner’s 2026 Critical Capabilities for Enterprise Storage Platforms, NetApp is ranked first for the Hybrid Cloud Storage use case and second for Hybrid Platform Services. NetApp highlights its NetApp Platform, an intelligent data infrastructure designed to unify hybrid multicloud storage, provide zero-copy data access, support AI and analytics, and help organizations manage and protect data across environments.

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NetApp (NASDAQ: NTAP) will release financial results for the first quarter of fiscal year 2027, ended July 31, 2026, after market close on September 2, 2026. Executive management will host a Webcast conference call at 2:30 p.m. Pacific Time, accessible via investors.netapp.com, with an audio replay available after 4:30 p.m. Pacific Time.

NetApp also outlined targeted release dates for future earnings: Q2 FY 2027 on December 1, 2026, Q3 FY 2027 on March 4, 2027, Q4 FY 2027 on June 3, 2027, and Q1 FY 2028 on September 1, 2027.

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NetApp (NASDAQ: NTAP) announced the acquisition of JetStream Software, a VMware disaster recovery and migration specialist, to enhance its cyber resilience and data protection capabilities for enterprise and AI-era workloads.

According to NetApp, integrating JetStream will allow customers to protect VMware environments running on virtually any storage and recover them onto NetApp first-party storage such as Azure NetApp Files. JetStream’s technology is positioned to complement NetApp’s SnapMirror replication, expanding protection from existing NetApp deployments to a broader VMware installed base on third-party storage. NetApp states the combined portfolio is intended to help enterprises strengthen disaster recovery, accelerate cloud migration, and modernize infrastructure while maintaining flexibility over migration timing.

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FAQ

What is the current stock price of NetApp (NTAP)?

NetApp (NTAP) last closed at $217.21.

What is the market cap of NetApp (NTAP)?

The market cap of NetApp (NTAP) is approximately $42.7B.