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NetApp, Inc. (NTAP)

199.18 -19.24 (-8.81%)
At close: October 30 at 4:00:00 PM EDT
198.40 -0.78 (-0.39%)
After hours: October 30 at 5:53:17 PM EDT
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Updated 34m ago
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NetApp’s latest results showed strong demand for artificial-intelligence infrastructure, all-flash storage, and subscription services. Management raised fiscal 2027 guidance, but higher component costs and product-mix pressure are challenging gross margins. A new distributor-led Keystone service could expand recurring revenue, while analysts remain divided on valuation and growth durability.

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