- In early September 2026, NetApp reported a record fiscal first quarter with revenue rising to about US$2.03 billion and net income of US$375 million, raised its fiscal 2027 revenue and earnings guidance, affirmed a US$0.52 dividend, and unveiled new ONTAP capabilities validated for VMware Cloud Foundation 9.1 to support AI and hybrid cloud workloads.
- Together with the appointment of a new Chief Partner and Ecosystem Officer and an ESOP-related shelf registration, these moves highlight NetApp’s focus on deepening cloud and partner ecosystems while tying its data infrastructure more tightly to VMware-centric and AI-driven enterprise environments.
- We’ll now examine how NetApp’s upgraded VMware Cloud Foundation support and raised fiscal 2027 guidance affect its existing investment narrative.
AI is about to change healthcare. These 37 stocks are working on everything from early diagnostics to drug discovery. The best part – they are all under $10b in market cap – there’s still…
