NetApp Stock Gains on Strong Q4 Results and Expanded AI Alliances with NVIDIA and Cisco

Key Facts

1NetApp reported strong fiscal Q4 2026 results with increased revenue and net income.

2The company expanded its AI partnerships with NVIDIA and Cisco.

3NetApp issued new guidance for fiscal 2027 supported by improved margins and recurring revenue.

Amid the global race to scale AI infrastructure, NetApp reported strong fiscal Q4 2026 results featuring significant growth in both revenue and net income. The company successfully expanded its strategic AI partnerships with industry leaders NVIDIA and Cisco to bolster data storage solutions. Furthermore, NetApp issued optimistic guidance for fiscal year 2027, projecting improved profit margins and a strengthening of its recurring revenue streams.

These results arrive as industry peers show mixed performance, with Cisco (CSCO) closing at $118.80 and NVIDIA (NVDA) at $200.42 per market data (close June 10, 2026). Compared to previous quarters, NetApp is demonstrating a heightened ability to capitalize on the data center boom, outperforming broader semiconductor sentiment seen in peers like Intel (INTC), which closed at $107.92 (close June 9, 2026).

Monitoring price action, NTAP stood at $165.00 (close June 9, 2026), with investors eyeing resistance near its recent high of $171.91. Looking ahead, market participants are focused on upcoming US employment data and scheduled Fed official speeches, which serve as potential catalysts for technology sector volatility in the coming days.