AlphAIalphai — Financial news for AI agents
barchart.comJUL 243 min read$NTAP

NetApp's Quarterly Earnings Preview: What You Need to Know

NetApp (NTAP) is set to report Q1 2027 earnings on Aug. 26. Analysts expect diluted EPS of $1.70, up from $1.19 a year earlier, and project FY2027 EPS of $7.16. The article cites NTAP’s recent results, including Q4 2026 revenue of $2.0B and adjusted EPS of $2.43, plus FY2027 guidance of $8.70-$9.00 EPS.

Original reporting
barchart.com
Published Jul 24, 2026, 12:32 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 24, 2026, 12:49 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
NetApp's Quarterly Earnings Preview: What You Need to Know — source image
Source · barchart.com
Decision brief

The 30-second read

$NTAPNeutralLow
01

Why it matters

Traders can use the stated consensus EPS ($1.70) and forward EPS projections ($7.16 for FY2027) as reference points for positioning into the earnings event.

02

Market read

Provides a concrete earnings calendar and consensus EPS benchmarks, but no new guidance or results are disclosed.

03

What to watch

The preview omits qualitative drivers (demand trends, backlog/bookings, guidance commentary) that typically determine post-earnings direction.

Relevance 4/10Novelty 3/10Timing: Ahead of Aug. 26 pre-market Q1 2027 earnings release.

Background

NetApp operates through Hybrid Cloud and Public Cloud segments and is expected to report Q1 2027 earnings on Wednesday, Aug. 26.

Company-level read

Ticker impact

$NTAPNeutralMedium confidence
Context

NetApp is set to report Q1 2027 earnings Aug. 26, with consensus EPS $1.70 and FY2027 EPS projected at $7.16.

Expected impact

Near-term volatility likely around the Aug. 26 print versus the $1.70 EPS consensus and the implied forward trajectory.

Evidence & confidence

The article provides specific consensus numbers and timing, but it does not disclose any new company action, guidance change, or fresh datapoint beyond expectations.

Market effects

Sector

Enterprise storage and hybrid cloud software sentiment may be influenced by the earnings outcome versus the provided EPS expectations.

Regional

Limited, primarily US-focused read-through to enterprise IT spending expectations.

Global

Low, as the article centers on company-specific earnings timing and consensus estimates.

Counterpoint

What could challenge this read

Consensus beats and bullish price targets can still fail if margins, bookings, or cloud mix disappoint, which this preview does not address.

Key entities

  • company
    NetApp, Inc.

    Subject of the earnings preview, with consensus EPS and forward projections cited ahead of Aug. 26.

Read at source← All news

Related articles

AUG 6
$NTAPMed

NetApp Acquires JetStream Software to Expand Enterprise Data Protection and Cloud Resilience

NetApp (NASDAQ: NTAP) said it acquired JetStream Software to expand enterprise data protection and cloud resilience, adding VMware disaster recovery and migration technology. Financial terms were not disclosed. JetStream supports protecting VMware workloads across storage platforms and recovering to NetApp cloud services, including Azure NetApp Files, complementing SnapMirror.

citybiz.co4 min
JUL 20
$NTAPMedAI 8/10

NetApp buys DataPelago to boost AI data processing

NetApp said it will acquire AI data infrastructure company DataPelago to add its Nucleus engine to NetApp storage. NetApp says DataPelago processes data at the storage layer, cutting infrastructure costs by up to 80% and speeding AI and analytics performance up to 10x. Financial terms were not disclosed; DataPelago will become a wholly owned subsidiary.

itbrief.co.nz5 min
JUL 17
$NTAPMedAI 8/10

NetApp buys DataPelago to become full-stack AI data infrastructure provider

NetApp said it will acquire DataPelago to expand into full-stack AI data infrastructure. DataPelago’s Nucleus UDPE accelerates Spark and Trino using open source components and integrates with lakehouse and BI tools. The deal follows DataPelago’s 2024 funding round of $47 million and claims up to 10.5x faster operations. NetApp CEO George Kurian cited enterprise AI data needs.

blocksandfiles.com4 min
JUL 16
$NTAPMed

NetApp Acquires DataPelago To Boost AI Data Processing Capabilities

NetApp (NTAP) said it will acquire California-based AI data infrastructure firm DataPelago, with terms not disclosed. NetApp will integrate DataPelago’s Nucleus engine to enable GPU-accelerated processing at the storage layer. NetApp expects lower infrastructure costs and faster performance for AI data workloads. DataPelago will become a wholly owned subsidiary.

rttnews.com3 min
JUL 16
$NTAPMed

NetApp Acquires DataPelago, Making Data AI-Ready at the Infrastructure Layer

NetApp (NASDAQ: NTAP) said it will acquire DataPelago, a California AI data infrastructure company, to integrate GPU-accelerated data processing with the storage layer. NetApp says DataPelago’s Nucleus engine enables “zero-copy” activation of enterprise data for AI, cutting infrastructure costs by up to 80% and improving performance up to 10x. DataPelago will become a wholly owned subsidiary.

montrealgazette.com3 min