NetApp has been confirmed as Presenting Partner for the 2026 NFL Madrid and London Games, reinforcing its role as the league's Official Intelligent Data Infrastructure Partner. The company's share price stands at $165.78, with a 90-day return of 66.66% and a one-year total shareholder return of 57.67%. NetApp has also been added to several Russell 1000 defensive indexes. A popular valuation narrative suggests a fair value of $171.75, implying the stock is about 3.5% undervalued. This view is supported by substantial growth in Keystone Storage-as-a-Service, up roughly 80% year-over-year, and a 9% year-over-year increase in deferred revenue, indicating a shift toward subscription-based and as-a-service storage.
NetApp IncNFL partnership and 80% growth in Keystone Storage-as-a-Service indicate strong end-customer demand.