NTAP

AI Research

Strong Q3 results + AI guidance → Revenue $1.713B; Q4 guided $1.795-$1.945B

NetApp reported fiscal Q3 2026 revenue of $1.713 billion with net income of $334 million, exceeding expectations and showcasing strength in AI hybrid-cloud solutions. The company provided Q4 2026 guidance of $1.795-$1.945 billion in revenue with EPS of $1.76-$1.86, maintaining bullish momentum. Recent insider selling with CFO Elizabeth O'Callahan selling 1,000 shares on March 10 raises some concerns about near-term sentiment.