Netapp Inc Stock Price, News & Analysis

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.

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.