NTAP Stock Up 14.8% in 3 Months Can AI Momentum Keep It Climbing?

NetApp shares gained 14.8% over three months driven by record all-flash revenue growth of 46.6%, approximately 350 new AI and data lake modernization deals, and a strong Q1 earnings beat. The company raised fiscal 2027 revenue guidance to $7.975-$8.225 billion and earnings to $9.73-$10.03 per share. However, margin pressures from component costs and demand timing risks remain concerns.