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Can NetApp's Buccaneers Partnership Boost Its AI and Cloud Growth?
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Key Takeaways
NetApp becomes an official partner of the Tampa Bay Buccaneers, expanding its NFL relationship.
The Buccaneers will use NetApp Keystone to support data workloads across game days and digital platforms.
NetApp closed about 350 AI and data lake modernization deals as customers moved toward production workloads.
NetApp, Inc. (NTAP - Free Report) has been named an official partner of the Tampa Bay Buccaneers, expanding its relationship with the National Football League (“NFL”). NetApp already serves as the NFL’s Official Intelligent Data Infrastructure Partner, helping the league and its teams securely access, manage and activate data. Through the new partnership, the Buccaneers will leverage NetApp technology to support the fan experience at Raymond James Stadium on game days as well as across the team’s digital platforms.
The partnership follows the Buccaneers’ first regular-season game of the 2026 season against the Cincinnati Bengals on Sept. 13. NetApp stated that its technology supports demanding workloads across the NFL, including the storage and availability of game-day video used by NFL and club football operations teams. The collaboration with the Buccaneers will further extend the company’s role in supporting data-intensive operations within professional football.
The Buccaneers will use NetApp Keystone, a flexible, subscription-based service designed to adapt to changing business requirements. The solution provides performance, intelligent data management and high availability for data workloads across data centers and cloud environments. NetApp’s platform also includes built-in data security capabilities designed to autonomously detect threats and enable rapid recovery. According to Buccaneers chief commercial officer Atul Khosla, reliable and secure access to data is an important part of the game-day experience, with NetApp expected to help deliver a more seamless and connected experience for fans.
The partnership comes as NetApp continues to expand its focus on AI, cloud and data infrastructure. On its first-quarter fiscal 2027 earnings call, the company highlighted that it had closed approximately 350 AI and data lake modernization deals during the quarter, with deal sizes increasing as customers move from proof-of-concept projects to production workloads. NetApp also highlighted its expanding relationships with customers across AI, cloud and data modernization.
Beyond the Buccaneers partnership, NetApp continues to deepen its relationships across technology and enterprise markets. During the fiscal first quarter, the company signed a significant agreement with Samsung Electronics to support its EDA environment and AI Center of Excellence. NetApp also secured strategic business with a public-sector organization involving its AFX platform and NVIDIA SuperPOD, while winning a significant engagement with an Asian neocloud provider to provide storage infrastructure for AI services.
Taking a Look at NTAP’s Competitors
Hewlett Packard Enterprise (HPE - Free Report) is benefiting from a broader shift toward AI infrastructure, networking modernization and hybrid cloud, with Juniper expanding its addressable market and integration synergies supporting earnings growth. Record orders and backlog show demand is running ahead of shipments, while Private Cloud AI, Alletra and GreenLake deepen HPE’s exposure to software, services and recurring consumption. Management has raised its fiscal 2026 and fiscal 2027 outlooks as profitability, free cash flow and deleveraging advance. For the fourth quarter of fiscal 2026, HPE expects revenues of $13.9-$14.8 billion. For fiscal 2026, HPE raised its revenue growth outlook to 34-37%.
Teradata Corporation (TDC - Free Report) is gaining from rising recurring revenue, expanding operating leverage and a strengthened balance sheet that gives the company room to fund AI innovation and shareholder returns. The Autonomous Knowledge Platform broadens its hybrid data and AI proposition, while Teradata Factory and AI Studio target regulated, sovereign and production-scale agentic AI workloads. Customer interest and early wins support the strategic shift and stronger retention over time. For the third quarter of 2026, Teradata expects total revenues to decline 6% to 4% year over year, while recurring revenues are expected to decrease 4% to 2%.
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Can NetApp's Buccaneers Partnership Boost Its AI and Cloud Growth?
Key Takeaways
NetApp, Inc. (NTAP - Free Report) has been named an official partner of the Tampa Bay Buccaneers, expanding its relationship with the National Football League (“NFL”). NetApp already serves as the NFL’s Official Intelligent Data Infrastructure Partner, helping the league and its teams securely access, manage and activate data. Through the new partnership, the Buccaneers will leverage NetApp technology to support the fan experience at Raymond James Stadium on game days as well as across the team’s digital platforms.
The partnership follows the Buccaneers’ first regular-season game of the 2026 season against the Cincinnati Bengals on Sept. 13. NetApp stated that its technology supports demanding workloads across the NFL, including the storage and availability of game-day video used by NFL and club football operations teams. The collaboration with the Buccaneers will further extend the company’s role in supporting data-intensive operations within professional football.
The Buccaneers will use NetApp Keystone, a flexible, subscription-based service designed to adapt to changing business requirements. The solution provides performance, intelligent data management and high availability for data workloads across data centers and cloud environments. NetApp’s platform also includes built-in data security capabilities designed to autonomously detect threats and enable rapid recovery. According to Buccaneers chief commercial officer Atul Khosla, reliable and secure access to data is an important part of the game-day experience, with NetApp expected to help deliver a more seamless and connected experience for fans.
The partnership comes as NetApp continues to expand its focus on AI, cloud and data infrastructure. On its first-quarter fiscal 2027 earnings call, the company highlighted that it had closed approximately 350 AI and data lake modernization deals during the quarter, with deal sizes increasing as customers move from proof-of-concept projects to production workloads. NetApp also highlighted its expanding relationships with customers across AI, cloud and data modernization.
Beyond the Buccaneers partnership, NetApp continues to deepen its relationships across technology and enterprise markets. During the fiscal first quarter, the company signed a significant agreement with Samsung Electronics to support its EDA environment and AI Center of Excellence. NetApp also secured strategic business with a public-sector organization involving its AFX platform and NVIDIA SuperPOD, while winning a significant engagement with an Asian neocloud provider to provide storage infrastructure for AI services.
Taking a Look at NTAP’s Competitors
Hewlett Packard Enterprise (HPE - Free Report) is benefiting from a broader shift toward AI infrastructure, networking modernization and hybrid cloud, with Juniper expanding its addressable market and integration synergies supporting earnings growth. Record orders and backlog show demand is running ahead of shipments, while Private Cloud AI, Alletra and GreenLake deepen HPE’s exposure to software, services and recurring consumption. Management has raised its fiscal 2026 and fiscal 2027 outlooks as profitability, free cash flow and deleveraging advance. For the fourth quarter of fiscal 2026, HPE expects revenues of $13.9-$14.8 billion. For fiscal 2026, HPE raised its revenue growth outlook to 34-37%.
Teradata Corporation (TDC - Free Report) is gaining from rising recurring revenue, expanding operating leverage and a strengthened balance sheet that gives the company room to fund AI innovation and shareholder returns. The Autonomous Knowledge Platform broadens its hybrid data and AI proposition, while Teradata Factory and AI Studio target regulated, sovereign and production-scale agentic AI workloads. Customer interest and early wins support the strategic shift and stronger retention over time. For the third quarter of 2026, Teradata expects total revenues to decline 6% to 4% year over year, while recurring revenues are expected to decrease 4% to 2%.
NTAP Price Performance, Valuation & Estimates
Shares of NetApp have gained 20.3% in the past three months against the Computer-Storage Devices industry’s decline of 33.1%.
Image Source: Zacks Investment Research
Regarding the price/book ratio, NTAP is trading at 25.16, higher than the industry’s multiple of 13.77.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NTAP’s earnings for fiscal 2027 has been revised upward over the past 60 days.
Image Source: Zacks Investment Research
NTAP currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.