SV_Techie
Entrepreneur & Startup Mentor, Technology Investor
NetApp is worth re-entering. x.comÂ
NetApp is a premier software play in data management, cloud and storage, with institutions rushing in and few trying to get out. It gapped higher on earnings, broke out on good volume and carries an A accumulation/distribution score. x.comÂ
NetApp has quietly become a leader in AI infrastructure, as AI storage demand supports its data layer. While many AI names fell to their 200-day moving averages, NetApp held its dot-com-era highs, turning decades-long resistance into support. It has a strong PEG ratio, with EPS expected to grow from $8.13 to $10.52 by 2028. x.comÂ
NetApp's rerating case is tied to Alphabet's capex, made stronger by NetApp being named Google Cloud's 2026 Infrastructure Modernization Partner of the Year for Storage. The stock also broke above its descending trendline. x.comÂ
NetApp wins whichever AI model prevails, because every model needs secure, governed access to the same proprietary enterprise data, permissions and context. As models get cheaper and easier to swap, that data becomes more valuable. NetApp's acquisition of DataPelago adds what it calls zero copy activation, processing data where it already lives instead of copying it into a separate AI stack each time. x.comÂ