Intelligence Feed event · Equity · 2026-09-08

    NetApp Raises Fiscal 2027 Outlook on 46.6% All-Flash Revenue Expansion

    Question

    NetApp Raises Fiscal 2027 Outlook on 46.6% All-Flash Revenue Expansion

    Direct answer

    NetApp updated its long-term financial guidance following strong first-quarter operational traction in its flash storage and cloud architecture segments. The company reported a 46.6% year-over-year increase in all-flash storage revenue, supported by approximately 350 customer contracts for AI workload deployment and data lake modernization. Full-year fiscal 2027 revenue guidance was revised up to a range of $7.975 billion to $8.225 billion, alongside an adjusted EPS target of $9.73 to $10.03 per share. The stock has advanced 14.8% over the trailing three months.

    Original publisher
    Market Ontology
    Evidence through
    2026-09-08
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “NetApp Raises Fiscal 2027 Outlook on 46.6% All-Flash Revenue Expansion”, revision 1, evidence through 2026-09-08. https://marketontology.com/market-events/2026-09-08/netapp-raises-fiscal-2027-outlook-on-46-6-all-flash-revenue-expansion-6d790a

    EQUITY
    NetApp Raises Fiscal 2027 Outlook on 46.6% All-Flash Revenue Expansion
    NetApp updated its long-term financial guidance following strong first-quarter operational traction in its flash storage and cloud architecture segments. The company reported a 46.6% year-over-year increase in all-flash storage revenue, supported by approximately 350 customer contracts for AI workload deployment and data lake modernization. Full-year fiscal 2027 revenue guidance was revised up to a range of $7.975 billion to $8.225 billion, alongside an adjusted EPS target of $9.73 to $10.03 per share. The stock has advanced 14.8% over the trailing three months.
    NTAPDELL
    Impact
    72
    SEP 8
    SIG
    82%
    NTAPDELL
    NetApp Raises Fiscal 2027 Outlook on 46.6% All-Flash Revenue Expansion
    NetApp updated its long-term financial guidance following strong first-quarter operational traction in its flash storage and cloud architecture segments. The company reported a 46.6% year-over-year increase in all-flash storage revenue, supported by approximately 350 customer contracts for AI workload deployment and data lake modernization. Full-year fiscal 2027 revenue guidance was revised up to a range of $7.975 billion to $8.225 billion, alongside an adjusted EPS target of $9.73 to $10.03 per share. The stock has advanced 14.8% over the trailing three months.
    → Enterprise data lake modernization drives 46.6% all-flash storage volume growth, lifting NTAP fiscal 2027 EPS guidance to $9.73-$10.03.
    Impact
    NetApp updated its long-term financial guidance following strong first-quarter operational traction in its flash storage and cloud architecture segments. The company reported a 46.6% year-over-year increase in all-flash storage revenue, supported by approximately 350 customer contracts for AI workload deployment and data lake modernization. Full-year fiscal 2027 revenue guidance was revised up to a range of $7.975 billion to $8.225 billion, alongside an adjusted EPS target of $9.73 to $10.03 per share. The stock has advanced 14.8% over the trailing three months.
    Affected
    NTAPDELL
    Transmission
    Enterprise data lake modernization drives 46.6% all-flash storage volume growth, lifting NTAP fiscal 2027 EPS guidance to $9.73-$10.03.

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    NTAPenterprise all-flash storage revenue acceleration and guidance revisionUp1-4wNetApp raised FY2027 revenue outlook to $7.975B-$8.225B on 46.6% flash growth.
    DELLread-across data lake storage infrastructure demandUp1-4wDell competes directly with NetApp across enterprise data storage and hybrid arrays.

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    What happened next

    AssetCallBase close+1 day+5 days+20 days
    DELLUpagreed533.88 2026-09-08+0.26%+1.80%Pending

    Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.

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