NetApp Reaches All-Time High Amid Strong Q4 Earnings Driven by AI Growth
NetApp (NTAP) reached a new all-time high on May 29, 2026, driven by strong fourth-quarter earnings and increased demand for its data infrastructure solutions in the growing AI market. The stock surged to $192.83 during intra-day trading before closing at $174.29 with gains of 22.39%. NetApp reported a 19% year-on-year increase in net income, reaching $404 million for Q4 FY2026.
Tickers: $NTAP
Topics: AI cloud computing data infrastructure stock performance