Hello, everyone,
The company I’m introducing to you today seems largely unaffected by the current correction in AI stocks.
Investors here seem to have realized that data is undoubtedly the new gold of the digital age.
What are your thoughts on this, everyone? And what’s your take on this company?
Today, data is no longer passive. It’s not just a box, a system, or a location. Data has remarkable power. It drives possibilities. And above all, data drives companies day in and day out—everywhere.
Companies are solving the world’s toughest challenges—thanks to the intelligent use of data. NetApp’s strategy for intelligent data infrastructure isn’t just about where data is located. Data has evolved into the proven foundation for AI, hybrid cloud, and enterprise workloads: the NetApp® Data Platform. Intelligent at every level. Connected to the largest public clouds. Resilient and the most secure.
It is the foundation that unlocks human and business potential. Because when data becomes intelligent, something greater happens.
It accelerates ideas. It inspires people. It sparks breakthroughs.
When companies unlock the full potential of their data, they shape the future they create.
That’s NetApp.
Company Overview
For more than three decades, NetApp has been helping the world’s leading organizations navigate change—from the rise of enterprise storage to the intelligent era shaped by data and AI. Today, NetApp is the intelligent data infrastructure company that helps customers transform data into a catalyst for innovation, resilience, and growth.
At the heart of this infrastructure is the NetApp Data Platform—the unified, enterprise-wide, intelligent foundation that connects, protects, and empowers data across every cloud, workload, and environment. Built on the proven performance of NetApp ONTAP, the leading data management software and operating system, and enhanced by automation through the AI Data Engine and AFX, it delivers observability, resilience, and intelligence at scale.
Designed with separation in mind, the NetApp data platform decouples storage, services, and control, enabling organizations to modernize faster, scale efficiently, and innovate without lock-in. As the only enterprise storage platform natively embedded in the world’s largest clouds, it gives organizations the freedom to run any workload anywhere with consistent performance, governance, and protection.
With NetApp, data is always ready—ready to defend against threats, ready to power AI, and ready to drive the next breakthrough. That’s why the world’s most forward-thinking companies trust NetApp to turn intelligence into advantages.
NetApp, Inc. specializes in the development, manufacture, and marketing of equipment for managing and storing network data. Net revenue is broken down by product and service groups as follows:
- Product revenue (46.1%): file, cache, and storage servers, as well as software for data management, content distribution, and information synthesis;
- Support services (38.1%): consulting, maintenance, technical support, and training services;
- Cloud services (9.9%): cloud storage and data management services;
- Professional services (5.9%).
Net revenue is distributed geographically as follows: Americas (50.6%), Europe/Middle East/Africa (34.1%), and Asia/Pacific (15.3%).
Number of employees: 11,700
NetApp – The Quiet Beneficiary of AI’s Data Hunger with a “Low Cheat” Setup
NetApp (NTAP) is drawing investors’ attention thanks to the AI wave. Founded in Silicon Valley in 1992, the company is one of the pioneers of data storage.
Its business model is based on intelligent data infrastructure for enterprises. Its primary source of revenue is all-flash storage systems—that is, exceptionally fast storage based on flash chips. In addition, the company offers public cloud services that are deeply integrated into the platforms of Amazon, Microsoft, and Google. Finally, there is a subscription model for storage-as-a-service called “Keystone.”
Currently, the market is focusing on the following trend: Following billions in investments in graphics processing units, data infrastructure is taking center stage as the next phase of the AI boom. After all, AI models are only as good as the data they access. Companies must first organize their scattered data sets and make them readily available before AI can operate productively. In addition, for data protection reasons, many companies are turning to hybrid solutions combining their own data centers with the cloud—which is precisely NetApp’s core business.
The company’s main competitors are Dell Technologies and Everpure (formerly Pur Storage).
The most recent quarterly results, released on May 28, 2026, exceeded expectations: Revenue rose 12% year-over-year to $1.95 billion. Adjusted earnings per share came in at $2.43, exceeding analysts’ estimates. For fiscal year 2027, management is projecting revenue of $7.33 to $7.58 billion. This corresponds to growth of approximately 8%. In addition, the share buyback program was increased by $1 billion. These figures sent the markets soaring.
Data Innovation Story
This visualization represents the depth and breadth of NetApp’s global customer base, each of which uses its most important resource—its data—to innovate for the future.
Insights from Data
This abstract representation depicts data in the wild: isolated, heterogeneous, unstructured. With an intelligent data infrastructure, you can transform your data into a strategic advantage and gain insights that reveal previously unrecognized connections.
Data Mobility
This abstract illustration represents the importance of data mobility in increasing storage efficiency. Mobilizing your data allows you to pursue your own unique data strategy and store your data efficiently.
Data Security Story
This abstraction stands for data security, availability, and resilience, and underscores our focus on helping you prevent data loss and downtime, regardless of where your data is located.
NetApp Corporate PowerPoint Presentation
The company is expected to release its earnings report soon das erste Quartal 2027 . Ahead of the event, analysts expect the company’s diluted earnings per share 1,70 US-Dollar betragen , representing a 42.9% increase from $1.19 in the same quarter a year ago. The company has met or exceeded Wall Street’s EPS estimates for the past four quarters.
NEWS
July 22, 2026
StructureCraft skaliert datengetriebenes Design auf NetApp
July 16, 2026
NetApp übernimmt DataPelago und macht Daten auf der Infrastrukturebene KI-reif
NetApp und Cisco beschleunigen und sichern KI-Innovation
June 3, 2026
April 22, 2026
NetApp arbeitet mit Google Cloud zusammen, um KI-gesteuerte Abläufe einzuführen
March 24, 2026
NetApp und Commvault fördern Cyber-Resilienz mit einer strategischen Allianz
March 24, 2026
March 17, 2026
NetApp stellt neue Hochleistungsmodelle der EF-Serie vor.
March 16, 2026
NetApp beschleunigt den Schwung in der KI-Führung mit NVIDIA
Universität zu Köln: Kundenreferenz
Universität zu Köln erneuert Datacenter-Infrastruktur mit FlexPod von NetApp und Cisco
Juan’s Take on NetApp’s Financial Metrics for 2025–2029
(short, clear, precise—just as Juan would write it for you in the deck)
NetApp presents an astonishingly clean, almost “textbook” profile of a mature yet highly profitable tech player. Revenue is growing moderately, but EBIT and net income are growing faster than revenue every year —a sign of genuine operational leverage. The FCF remains impressively stable, with margins well above 20%.
The net debt falls deep into negative territory, making NetApp a cash machine. ROE is absurdly highbecause the company uses capital extremely efficiently.
For Juan, this is a “quality compounder”, not a hyper-grower—but one that delivers reliably year after year, maintains margins, generates cash, and minimizes risks.
In short:
“NetApp isn’t a sprint—it’s a precise, profitable endurance run. Stable, high-margin, cash-rich. A company you’re happy to have on your team.”
Juan’s Quick Take (concise, clear, perfect for your deck)
NetApp’s valuation profile is getting cleaner and more attractive every year. The dividend is rising steadily, while the yield is falling slightly—a sign that the stock price is rising faster than the dividend.
The P/E ratio is falling significantly toward 2028as earnings surge. Particularly noteworthy: EPS is growing by over 35% in 2028, which alleviates valuation pressure.
The PEG falls over the years, which shows:
“The market is paying more—but is also getting more growth.”
For Juan, this is a classic value stockthat will reach a true valuation sweet spot in 2028: high earnings growth + falling P/E ratio = attractive valuation window.
Performance
1 week +5.36%
1 month +11.38%
6 months +69.99%
1 year +61.81%
3 years +117.05%
July 29, 2026, 2:58:59 PM •
gettex (EUR)
153.56 EUR
July 28, 2026, 10:00:00 PM •
Nasdaq (USD)
174.53 USD
