Analyst downgraded NetApp from Overweight to Neutral and set a new price target of $110.00

Morgan Stanley downgraded NetApp from Equal-Weight to Underweight and set a new price target of $89.00

Goldman resumed coverage of NetApp with a rating of Buy and set a new price target of $128.00

Northland Capital upgraded NetApp from Market Perform to Outperform and set a new price target of $137.00

Oppenheimer initiated coverage of NetApp with a rating of Perform

Morgan Stanley resumed coverage of NetApp with a rating of Equal-Weight and set a new price target of $115.00

Barclays upgraded NetApp from Equal Weight to Overweight and set a new price target of $115.00

TD Cowen reiterated coverage of NetApp with a rating of Buy and set a new price target of $130.00 from $160.00 previously

BofA Securities upgraded NetApp from Underperform to Neutral and set a new price target of $128.00 from $121.00 previously

Susquehanna downgraded NetApp from Positive to Neutral

8-K - NetApp, Inc. (0001002047) (Filer)

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8-K - NetApp, Inc. (0001002047) (Filer)

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8-K - NetApp, Inc. (0001002047) (Filer)

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New FlexPod solutions deliver proven performance, security, and unified management for AI NetApp® (NASDAQ:NTAP), the Intelligent Data Infrastructure company, and Cisco (NASDAQ:CSCO) today announced that they have collaborated to offer new validated solutions for secure, scalable, and simplified AI. Expanding the proven success of FlexPod, the new solutions provide a simple, reliable path for enterprises to address the specific challenges AI workloads place on compute, network, and storage infrastructure. "As IT teams are tasked with delivering reliable, consistent performance across environments, AI workloads are placing increasing demands on their data infrastructure," said Dallas Olso

New NetApp Splunk SOAR playbook helps contain ransomware attacks and limit data loss NetApp® (NASDAQ:NTAP), the Intelligent Data Infrastructure company, and Cisco (NASDAQ:CSCO), today announced an expansion of their collaboration to help customers strengthen defense-in-depth strategies for customers. Combining Intelligent Data Infrastructure with advanced analytics and observability capabilities, NetApp and Splunk have delivered deep, real-time visibility into storage and infrastructure health. Together, they are helping customers turn operational data into actionable insights that improve reliability, security, and business outcomes. By expanding their collaboration with the new NetApp S

Delivers record net revenue, gross profit, operating income, cash flow from operations and free cash flow for Q4 and fiscal year 2026; Fourth quarter net revenues of $1.95 billion, an increase of 12% year-over-year; Fiscal year 2026 net revenues of $6.93 billion, an increase of 5% year-over-year News Summary Record all-flash array net revenue of $1.2 billion for the fourth quarter of fiscal year 2026, an increase of 18% year-over-year Record Public Cloud net revenue of $182 million for the fourth quarter of fiscal year 2026, an increase of 11% year-over-year Record billings of $7.21 billion for fiscal year 2026, an increase of 6% year-over-year Returned $1.36 billion to stockh

NetApp™ (NASDAQ:NTAP), the Intelligent Data Infrastructure company, today announced the Company will participate in fireside chats at the following conferences: BofA Securities Technology Conference Presenter: Wissam Jabre, EVP, Finance and CFO Date: June 2, 2026 Presentation Time: 3:20 – 3:50 p.m. Pacific Time Evercore TMT Conference Presenter: Wissam Jabre, EVP, Finance and CFO Date: June 3, 2026 Presentation Time: 3:00 – 3:45 p.m. Pacific Time Live audio Webcasts of the presentations will be available at investors.netapp.com. Audio Webcast archives of each event will be available after the conferences. About NetApp For more than three decades, NetApp has helped the world's lead

New block-level change tracking capabilities enable faster backup and recovery for virtualized environments NetApp® (NASDAQ:NTAP), the Intelligent Data Infrastructure company, today announced new NetApp data management capabilities optimized for Red Hat OpenShift that enable advanced levels of resilience and scale for virtualized environments, on-premises and in the cloud. The updates improve the speed and predictability of backup, recovery, and day-to-day operations so customers can migrate, scale, and manage virtual machine (VM) and container environments to enable innovation and agility with greater confidence. According to The state of virtualization report from Red Hat, 90 percent

After market close on May 28, 2026, NetApp (NASDAQ:NTAP) will announce financial results for the fourth quarter and fiscal year 2026, which ended April 24, 2026. NetApp executive management will host a conference call Webcast at 2:30 p.m. Pacific Time to discuss these results and provide their perspective on market dynamics. How to Participate The live Webcast call can be accessed at investors.netapp.com. Please allow at least 15 minutes prior to the start of the Webcast to log in. An audio replay Webcast will also be available after 4:30 p.m. Pacific Time. NetApp Future Targeted Release Dates Q1 FY 2027 results target date: September 2, 2026 Q2 FY 2027 results target date: Decemb

SAN JOSE, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Iterate.ai, the leader in outcome-focused private AI, today announced a strategic alliance with NetApp® (NASDAQ:NTAP), the Intelligent Data Infrastructure company, to deliver a powerful integrated offering for enterprise private AI deployments. By combining Iterate.ai's Generate platform with NetApp AIPod™ Mini, customers will be able to access a turnkey, on-premises solution for automating complex business tasks in fully private environments. Initial applications target healthcare revenue recovery, State, Local and Education (SLED) business process improvements, and Third-Party Administrators (TPAs). "This collaboration underscores NetAp

Announced at Next ‘26, Flex Unified service for Google Cloud NetApp Volumes is now generally available NetApp® (NASDAQ:NTAP), the Intelligent Data Infrastructure company, today shared new innovations that help customers better leverage their enterprise data, by tapping into the benefits of AI with Google Cloud. Enterprises want to use their existing data for AI, but moving and managing that data across multiple environments is complex, slow, and expensive. NetApp is simplifying this with Google Cloud. With Google Cloud NetApp Volumes, customers can run enterprise applications, databases, and AI workloads in the cloud without rearchitecting or rebuilding their environments. "Customers

Google Gemini Enterprise drives productivity for NetApp sales and product development NetApp® (NASDAQ:NTAP), the Intelligent Data Infrastructure company, today announced a strategic evolution in its partnership with Google Cloud, which has enabled enterprises to drive AI innovation with their own data stored in the NetApp data platform. After seeing the productivity and innovation benefits customers experienced using Gemini Enterprise integrated with their data in Google Cloud NetApp Volumes, NetApp has adopted Gemini Enterprise to help increase productivity in its internal product development and sales operations. With the adoption of Google Cloud AI technologies, NetApp is expanding i

NetApp® (NASDAQ:NTAP), the Intelligent Data Infrastructure company, today announced that it has received the 2026 Google Cloud Infrastructure Modernization Partner of the Year for Storage Award. NetApp is being recognized for its achievements in the Google Cloud ecosystem, helping joint customers modernize their infrastructure and run enterprise workloads on Google Cloud using Google Cloud NetApp Volumes. "The Google Cloud Partner Awards honor the strategic innovation and measurable value our partners bring to customers," said Kevin Ichhpurani, President, Global Partner Ecosystem and Channels, Google Cloud. "We are proud to name NetApp a 2026 Google Cloud Partner Award winner, celebrati

NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced that Paul Fipps, President of Global Customer Operations at ServiceNow, has joined its Board of Directors. The board now has ten directors, nine of whom are independent, and 50% of whom have been appointed within the last five years. Fipps brings more than 20 years of experience driving technology-enabled growth and customer transformation. At ServiceNow, he currently leads global sales, customer success, partner ecosystems, and field operations. He previously served as EVP of Worldwide Sales at ServiceNow and as President of Under Armour Connected Fitness and Chief Experience Officer at Under Armour, over

A leader in driving enterprise transformation, Hendrickx brings nearly three decades of experience, strengthening global partner ecosystems and customer relationships across regions NetApp (NASDAQ:NTAP), the intelligent data infrastructure company, today announced the appointment of Willem Hendrickx as Senior Vice President and General Manager, EMEA & LATAM, effective January 5, 2026. Hendrickx will lead NetApp's business strategy, go-to-market execution, and partner engagement across Europe, the Middle East, Africa, and Latin America. Reporting to NetApp President César Cernuda, Hendrickx brings a deep regional knowledge and track record of building high-performing teams, further enablin

NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced the appointment of Syam Nair as its new Chief Product Officer (CPO), effective Monday, July 7, 2025. Nair succeeds Harv Bhela, who concluded his tenure in June following a successful chapter of product leadership. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250624871234/en/Syam Nair, Chief Product Officer at NetApp Nair is a former Salesforce and Microsoft executive renowned as a maverick innovator in the industry, bringing over 25 years of experience in scaling cloud platforms and driving hyper-growth. In his new role, Nair will lead NetApp's

NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced that Frank Pelzer, Chief Operating Officer at Spotnana, has joined its Board of Directors. This brings the number of directors on the NetApp Board of Directors to ten, nine of whom are independent and 40% of whom have been appointed within the last five years. "I am delighted to welcome Frank to our Board," said George Kurian, Chief Executive Officer at NetApp. "Frank's impressive history of helping companies scale, along with his ability to strengthen software value and enhance its recognition at infrastructure companies, will be invaluable as we continue to grow and innovate in the era of data and intelli

A long-tenured, highly respected industry leader, O'Callahan expands her leadership scope to drive integration, collaboration, and execution across the company's business NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced a strategic evolution in its leadership structure designed to enhance focus, strengthen collaboration, and drive execution across the business with the appointment of Beth O'Callahan, NetApp's Chief Legal Officer (CLO), to Chief Administrative Officer (CAO). In this newly expanded role, Beth will continue overseeing Legal, Compliance, Government Relations, and Sustainability, while assuming responsibility for Human Resources, Workplace

Today, NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, announced the appointment of Wissam Jabre as Executive Vice President and Chief Financial Officer effective March 10, 2025. Jabre brings over 20 years of experience leading finance organizations and a strong track record of value creation and disciplined operational management. Jabre's appointment follows the previously announced planned retirement of Mike Berry, who served as NetApp's Executive Vice President and Chief Financial Officer for the last five years. "We are thrilled to welcome Wissam to our leadership team," said George Kurian, Chief Executive Officer. "His decades of financial experience will be inval

NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced the appointment of Pamela Hennard as the new Chief Diversity and Inclusion Officer. In her expanded role, Pamela will lead NetApp's efforts to foster diversity, equity, and inclusion across the organization and within the talent acquisition process and throughout the full employee journey. Pamela Hennard has been an integral part of NetApp's success, serving as the Vice President of Global Talent Acquisition. With over 27 years of experience in human resources, Pamela brings a wealth of expertise in developing and leading high-performing teams. During Pam's tenure at NetApp, her strategic guidance has been

Shahin brings over 25 years of enterprise experience to drive NetApp's ability to scale in both business technology and operations initiatives NetApp® (NASDAQ:NTAP), the original intelligent data infrastructure company, today announced Gus Shahin as the company's Executive Vice President of Business Technology and Operations. Reporting to CEO George Kurian, Shahin will lead critical business operations providing a solid foundation for accelerating growth and fostering cross-functional execution across four key company pillars - Information Technology, Operations, Global Security, and Enterprise Process Excellence. Shahin joins NetApp from Flex, where he held varying leadership roles ove

NetApp® (NASDAQ:NTAP), the original intelligent data infrastructure company, today announced that its board of directors has nominated June Yang to stand for election as an independent director at its annual meeting of stockholders on September 11, 2024. Yang most recently served as Vice President, Cloud AI and Industry Solutions at Google Cloud (cloud computing services) from October 2021 until December 2023 where she was responsible for the portfolio of Google Cloud AI products and solutions, including Vertex AI, Contact Center AI and more. Previously at Google Cloud, she served as Vice President and General Manager, Compute and Machine Learning infrastructure from October 2019 until Oc

NetApp® (NASDAQ:NTAP), the intelligent data infrastructure company, today announced that it strengthened its sales team to accelerate growth objectives and facilitate customer success by hiring Mike Sakalas as the company's Vice President of U.S. Enterprise Sales. Sakalas will report to NetApp's Senior Vice President of North America Sales, Riccardo Di Blasio. Sakalas will oversee the development and execution of NetApp's enterprise business in the United States, playing a pivotal role in defining and implementing the company's go-to-market strategy. Sakalas will partner closely with internal teams and NetApp partners to drive strategic customer engagements as NetApp expands its offerings a

Delivers record net revenue, gross profit, operating income, cash flow from operations and free cash flow for Q4 and fiscal year 2026; Fourth quarter net revenues of $1.95 billion, an increase of 12% year-over-year; Fiscal year 2026 net revenues of $6.93 billion, an increase of 5% year-over-year News Summary Record all-flash array net revenue of $1.2 billion for the fourth quarter of fiscal year 2026, an increase of 18% year-over-year Record Public Cloud net revenue of $182 million for the fourth quarter of fiscal year 2026, an increase of 11% year-over-year Record billings of $7.21 billion for fiscal year 2026, an increase of 6% year-over-year Returned $1.36 billion to stockh

After market close on May 28, 2026, NetApp (NASDAQ:NTAP) will announce financial results for the fourth quarter and fiscal year 2026, which ended April 24, 2026. NetApp executive management will host a conference call Webcast at 2:30 p.m. Pacific Time to discuss these results and provide their perspective on market dynamics. How to Participate The live Webcast call can be accessed at investors.netapp.com. Please allow at least 15 minutes prior to the start of the Webcast to log in. An audio replay Webcast will also be available after 4:30 p.m. Pacific Time. NetApp Future Targeted Release Dates Q1 FY 2027 results target date: September 2, 2026 Q2 FY 2027 results target date: Decemb

Net revenues of $1.71 billion for the third quarter, 4% year-over-year increase; Third quarter GAAP earnings per share of $1.67; record non-GAAP earnings per share of $2.12  News Summary All-flash array revenue grew 11% year-over-year to a record $1.0 billion in the third quarter, for an annualized net revenue run rate1 of $4.2 billion Public Cloud revenue of $174 million in the third quarter was driven by first-party and marketplace storage services, which grew 27% year-over-year Billings of $1.89 billion in the third quarter grew 10% year-over-year, the ninth consecutive quarter of year-over-year growth Third quarter GAAP operating income of $434 million; record non-GAAP ope

After market close on February 26, 2026, NetApp (NASDAQ:NTAP) will announce financial results for the third quarter of fiscal year 2026, which ended January 23, 2026. NetApp executive management will host a conference call Webcast at 2:30 p.m. Pacific Time to discuss these results and provide their perspective on market dynamics. How to Participate The live Webcast call can be accessed at investors.netapp.com. Please allow at least 15 minutes prior to the start of the Webcast to log in. An audio replay Webcast will also be available after 4:30 p.m. Pacific Time. NetApp Future Targeted Release Dates Q4 FY 2026 results target date: May 28, 2026 Q1 FY 2027 results target date: Septem

Net revenues of $1.71 billion for the second quarter, an increase of 3% year-over-year; Second quarter GAAP net income per share1 of $1.51 and record non-GAAP net income per share1 of $2.05 News Summary NetApp hosted its annual customer conference, NetApp INSIGHT™, unveiling significant innovation for data, AI, cyber resilience, and cloud, strengthening its enterprise-grade data platform to fuel AI data factories All-flash array revenue grew 9% year-over-year to $1.0 billion in the second quarter, for an annualized net revenue run rate2 of $4.1 billion Public Cloud revenue of $171 million in the second quarter was driven by first-party and marketplace storage services, which grew 32

After market close on November 25, 2025, NetApp (NASDAQ:NTAP) will announce financial results for the second quarter of fiscal year 2026, which ended October 24, 2025. NetApp executive management will host a conference call Webcast at 2:30 p.m. Pacific Time to discuss these results and provide their perspective on market dynamics. How to Participate The live Webcast call can be accessed at investors.netapp.com. Please allow at least 15 minutes prior to the start of the Webcast to log in. An audio replay Webcast will also be available after 4:30 p.m. Pacific Time. NetApp Future Targeted Release Dates Q3 FY 2026 results target date: February 26, 2026 Q4 FY 2026 results target date: May 2

George Kurian, chief executive officer at NetApp (NASDAQ:NTAP) will participate in J. P. Morgan's CEO Spotlight Series to discuss long-term strategies and roadmaps pertaining to broader industry AI dynamics, as well as specific drivers and opportunities for NetApp. Interested parties can find more information on NetApp's Investor Relations website at http://investors.netapp.com. No new financial information will be discussed during this conference call. Date: Thursday, September 11, 2025 Time: 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time Speakers: George Kurian, CEO, NetApp Moderator: Samik Chatterjee, Financial Analyst, J. P. Morgan Webcast Link: https://www.netroadshow.com/events/

Net revenues of $1.56 billion for the first quarter News Summary NetApp achieved the #1 market share position in all-flash storage for calendar Q1 2025, as reported by IDC1 All-flash array revenue grew 6% year-over-year to $893 million in Q1, for an annualized net revenue run rate2 of $3.6 billion First-party and marketplace Public Cloud storage services revenue grew 33% year-over-year Billings3 of $1.51 billion in the first quarter grew 4% year-over-year, the seventh consecutive quarter of year-over-year growth Record first quarter cash provided by operations of $673 million; record first quarter free cash flow3 of $620 million Record first quarter GAAP operating profit

After market close on August 27, 2025, NetApp (NASDAQ:NTAP) will announce financial results for the first quarter of fiscal year 2026, which ended July 25, 2025. NetApp executive management will host a conference call Webcast at 2:30 p.m. Pacific Time to discuss these results and provide their perspective on market dynamics. How to Participate The live Webcast call can be accessed at investors.netapp.com. Please allow at least 15 minutes prior to the start of the Webcast to log in. An audio replay Webcast will also be available after 4:30 p.m. Pacific Time. NetApp Future Targeted Release Dates Q2 FY 2026 results target date: November 25, 2025 Q3 FY 2026 results target date: Februa

NetApp (NASDAQ:NTAP) and William Blair & Company will hold a deep dive tech talk to discuss Intelligent Data Infrastructure for AI with Russell Fishman, Sr. Director, Product Management and Andy Sayare, Director, Strategic Alliances. Following brief opening remarks from NetApp, a question-and-answer session will be moderated by Jason Ader, research analyst at William Blair & Company. Interested parties can find more information on NetApp's Investor Relations website at http://investors.netapp.com. No new financial information will be discussed during this conference call. Date: Thursday, July 10, 2025 Time: 11:00 a.m. Pacific Time / 2:00 p.m. Eastern Time Speakers: Russell Fishman and A

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