Movement Alert｜NetApp Pre-Market Rise 15.87%, Fiscal Q4 Earnings Significantly Beat Expectations with Full-Year Guidance Raised

Market Focus

May 29

On May 29, NetApp rose 15.87% in pre-market trading, trading at $165.41/share, with trading volume of $193,200.

On the news front, NetApp reported fiscal fourth-quarter adjusted earnings per share of $2.43, beating the analyst consensus estimate of $2.27 by 7.05%, representing a 25.91% year-over-year increase. Revenue came in at $1.948 billion, surpassing the expected $1.872 billion. The company simultaneously raised its full-year guidance, projecting non-GAAP EPS of $8.70 to $9.00 versus market expectations of $8.55, and full-year revenue guidance of $7.325 billion to $7.575 billion, also above the $7.2 billion consensus.

The strong results were driven by higher product pricing and AI-related deal wins. Wedbush Securities had previously noted that NetApp would likely outperform given rising AI storage demand and pricing tailwinds. As a downstream value-packaging layer for enterprise-grade NAND and all-flash systems, NetApp is positioned to convert AI data infrastructure demand into sustained revenue growth across all-flash arrays and public cloud storage services. The combination of a significant earnings beat and upwardly revised forward guidance propelled the pre-market surge.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NTAP","symbol_name":"美国网存","start_time":0,"source_url":"","article_id":"1101358180","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101358180","pubTimestamp":1780041765,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On May 29, NetApp rose 15.87% in pre-market trading, trading at $165.41/share, with trading volume of $193,200.On the news front, NetApp reported fiscal fourth-quarter adjusted earnings per share of...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NTAP":"美国网存"},"translate_title":"动向提示|NetApp盘前涨15.87%，第四财季盈利大幅超预期上调全年指引","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NTAP":1},"content_text":"On May 29, NetApp rose 15.87% in pre-market trading, trading at $165.41/share, with trading volume of $193,200.On the news front, NetApp reported fiscal fourth-quarter adjusted earnings per share of $2.43, beating the analyst consensus estimate of $2.27 by 7.05%, representing a 25.91% year-over-year increase. Revenue came in at $1.948 billion, surpassing the expected $1.872 billion. The company simultaneously raised its full-year guidance, projecting non-GAAP EPS of $8.70 to $9.00 versus market expectations of $8.55, and full-year revenue guidance of $7.325 billion to $7.575 billion, also above the $7.2 billion consensus.The strong results were driven by higher product pricing and AI-related deal wins. Wedbush Securities had previously noted that NetApp would likely outperform given rising AI storage demand and pricing tailwinds. As a downstream value-packaging layer for enterprise-grade NAND and all-flash systems, NetApp is positioned to convert AI data infrastructure demand into sustained revenue growth across all-flash arrays and public cloud storage services. 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