NetApp, Inc. (NTAP)
NetApp Stock Is Buyable Here, Better In The $140s
NetApp, Inc. delivered a record fiscal first quarter, with revenues up 30% and EPS up 66%, beating all expectations. NTAP raised fiscal 2027 revenue guidance by $650 million, implying 17% growth, but expects slower growth in coming quarters. Profitability remains exceptional: gross margin near 71%, EBIT margin 24.5%, and return on equity over 100%, supporting an 18x earnings multiple.
NetApp Earnings Beat Estimates. The Stock Is Falling in a Big Way.
The company's fiscal first-quarter revenue grew 30% to $2.03 billion, beating Wall Street estimates of $1.84 billion.
NetApp, Inc. (NTAP) Q1 2027 Earnings Call Transcript
NetApp, Inc. (NTAP) Q1 2027 Earnings Call Transcript
NetApp Q1 Earnings Call Highlights
NetApp NASDAQ: NTAP reported a record start to fiscal 2027, with first-quarter revenue rising 30% year over year to $2.03 billion and non-GAAP earnings per share increasing 66% to $2.58. The company said results exceeded the high end of its guidance ranges and reflected broad demand across its hybrid cloud, public cloud, all-flash and storage-as-a-service offerings.
Compared to Estimates, NetApp (NTAP) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for NetApp (NTAP) give a sense of how its business performed in the quarter ended July 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
NetApp (NTAP) Surpasses Q1 Earnings and Revenue Estimates
NetApp (NTAP) came out with quarterly earnings of $2.58 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $1.55 per share a year ago.
NetApp (NTAP) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
NetApp (NTAP) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
What Analyst Projections for Key Metrics Reveal About NetApp (NTAP) Q1 Earnings
Get a deeper insight into the potential performance of NetApp (NTAP) for the quarter ended July 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
NetApp to Report Q1 Earnings: Here's What Investors Should Know
NTAP heads into Q1 FY2027 with AI-driven demand across flash, cloud and Keystone, plus acquisitions and pricing actions shaping its outlook.
NetApp (NTAP) Stock Falls Amid Market Uptick: What Investors Need to Know
NetApp (NTAP) concluded the recent trading session at $190.68, signifying a -1.64% move from its prior day's close.
Will NetApp's Public Cloud Business Maintain Its Growth Momentum?
NTAP's Public Cloud business is gaining momentum as hyperscaler storage demand drives growth, while strong margins support earnings leverage.
NetApp (NTAP) Just Overtook the 20-Day Moving Average
NetApp (NTAP) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NTAP broke through the 20-day moving average, which suggests a short-term bullish trend.
