NetApp Inc expected to post earnings of $2.27 a share - Earnings Preview

NetApp

26/05/2026 21:03

NetApp Inc NTAP.OQ NTAP.O is expected to  show a rise in quarterly revenue when it reports  results on May 28 for the period ending April 30 2026
The San Jose California-based  company is expected to report a 8.1% increase in revenue to $1.872 billion from $1.73 billion a year ago, according to the mean estimate from 15 analysts, based on LSEG data.The company's guidance on February 26 2026, for the period ended April 30, was for revenue between 1.80 billion and 1.95 billion.
​LSEG's mean analyst estimate for NetApp Inc is for earnings of $2.27 per share. The company's EPS guidance on February 26 2026, for the period ended April 30, was between 2.21 and 2.31 
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 14 "hold" and 1 "sell" or "strong sell."  
The mean earnings estimate of analysts was unchanged in the last three months. ​
Wall Street's median 12-month price target for NetApp Inc is $116.00, about 16.8% below its last closing price of $139.36
The company's guidance on February 26 2026 for the period ended April 30 was for Earnings before Interest and Taxes between 547.48 million and 612.68 million.The company's guidance on February 26 2026 for the period ended April 30 was for gross profit margin between 69.5% and 70.5%.
Previous quarterly performance (using preferred earnings measure in US dollars). ​
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE 
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Jan. 31 2026
2.06
2.07
2.12
Beat
2.7
Oct. 31 2026
1.89
1.89
2.05
Beat
8.7
Jul. 31 2025
1.55
1.54
1.55
Beat
0.8​
Apr. 30 2025
1.90
1.90
1.93
Beat
1.8
​​Jan. 31 2025
1.91
1.91
1.91
Met
0.1
Oct. 31 2024
1.79
1.78
1.87
Beat
4.9​
Jul. 31 2024
1.46
1.45
1.56
Beat
7.3
Apr. 30 2024
1.79
1.79
1.80
Beat
0.8
This summary was machine generated May 26 at 20:03 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)