NetApp Inc

NTAP remains in a Stage 2 corrective reset within a long-term uptrend. The medium-term bias is bullish, supported by pullbacks holding above the rising 9- and 21-EMA zone and the 50-DMA. Short-term timing is favorable as price tightly tracks above the EMAs without clear exhaustion. We will buy now on pullbacks into the EMA support zone to participate in the advancing stage.

• ↑Q4 revenue $1.95 B (+12% YoY) and EPS $2.43 vs. $2.27 est.
• ↑~500 AI wins in Q4 (1,100+ FY26) underpin strong AI storage demand.
• ↓Negative business‐quality indicators suggest financial health questions.