NetApp

At the annual general meeting a dividend of $2.08 per share was confirmed for 2026, corresponding to a total payout of $413.00 million and a decrease in the distribution of 2.59% versus the previous year. The dividend yield for 2026 is 1.91% (previous year 2.35%), while the share price has risen 135.25% over three years; combined return including dividends amounts to 143.18%. FactSet analysts expect the dividend to be raised to $2.13 for 2027, which would, by their estimate, reduce the yield to 1.15%; NetApp has a market capitalization of $37.094 billion and a P/E ratio of 17.12. » Mere på finanzen.net

NetApp reported a record quarter and raised its fiscal 2027 outlook to mid-single-digit revenue growth of 17% and EPS growth of 22%. Revenue from all-flash arrays rose 47%, public cloud revenue grew 28% (19% on a constant-currency basis), and management says AI projects are moving from pilot to production phases (over 1,100 AI deals in FY26 plus 350 in the last quarter). ONTAP remains, according to the board, a competitive advantage for on-premises, cloud and AI workloads; at the same time NetApp is addressing rising flash costs by helping customers shift “cold data” to cheaper disk systems. The company reports strong demand across product lines, regions and industries and says its position versus full-stack vendors is validated. » Mere på de.investing.com

At the Citi Global TMT Conference, NetApp reported strong, widespread demand across enterprise, commercial and government customers, driven by AI projects and infrastructure modernization. The first fiscal quarter beat expectations on all metrics; revenue and EPS guidance for fiscal 2027 were more than doubled versus the outlook from 90 days earlier. All-Flash revenues rose 47%, Hybrid-Flash showed growth again for the first time, and Keystone and public-cloud businesses continued to grow with high margins. Management called the demand sustainable but cited ongoing supply constraints, pricing pressure and competition as risks, and said it will support higher guidance through long-term supply agreements and targeted acquisitions. » Mere på de.investing.com