NetApp Raises FY2027 Revenue Forecast to $7.975B-$8.225B and EPS Outlook
NetApp (NASDAQ: NTAP) has raised its full-year fiscal year 2027 revenue forecast, now expecting between $7.975 billion and $8.225 billion. The company also increased its earnings per share outlook to a range of $9.73 to $10.03 for the same period. In Q1 FY2027, NetApp delivered strong performance by exceeding guidance on all metrics with revenue reaching $2.03 billion—a 30% year-over-year increase—described as 'record-setting' by CEO George Kurian during an earnings call.
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