NetApp, Inc
NTAPNASDAQTechnology · Computer Storage Devices
Market cap
$34.39B
Employees
11,700
Exchange
NASDAQ
Headquarters
SAN JOSE, CA
About NetApp, Inc
NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of the cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services. Geographically, the company generates the majority of its revenue from the United States, Canada and Latin America (Americas).
NTAP news
NetApp stock surged 35% on Friday morning, likely driven by positive earnings results, strong guidance, or broader market enthusiasm for cloud storage and data management solutions. The significant rally reflects investor optimism about the company's financial performance and future growth prospects in the competitive technology sector.
The Motley Fool · May 29, 2026