NetApp (NTAP) Moves 5.2% Higher: Will This Strength Last?

NetApp NTAP shares ended the last trading session 5.2% higher at $226.27. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 16% gain over the past four weeks. The increase in NetApp's share price is being supported by its expanding cloud, AI and enterprise data infrastructure presence. Recently, the company announced collaborations with Oracle, SAP and Supermicro at INSIGHT 2026 to strengthen its cloud and AI offerings. The Oracle partnership will bring managed ONTAP capabilities to Oracle Cloud Infrastructure, while the SAP and Supermicro collaborations aim to support secure enterprise workloads and improve AI infrastructure and GPU utilization.