5 Cheapest AI Data Center Stocks to Buy Now

In this article, we will take a look at the 5 Cheapest AI Data Center Stocks to Buy Now. For a deeper discussion and an extended list, please see the 7 Cheapest AI Data Center Stocks to Buy Now.

5. NetApp, Inc. (NASDAQ:NTAP)

Forward P/E: 11.86

On March 24, 2026, NetApp, Inc. (NASDAQ:NTAP) announced a partnership with Elastio to integrate Elastio’s Provable Recovery Control into its Ransomware Resilience Service. The deal aims to improve cyber resilience by extending defense from production storage to recovery data and using deep file inspection on snapshots.

NetApp, Inc. (NASDAQ:NTAP) released third-quarter fiscal 2026 earnings of $1.71 billion in net revenue, up 4% year on year, with GAAP EPS of $1.67 and a record non-GAAP EPS of $2.12. The company reported that all-flash array revenue climbed 11% to a record $1.0 billion, while public cloud revenue increased 27% year on year to $174 million. It posted billings of $1.89 billion, a 10% rise, and GAAP operating income of $434 million, with non-GAAP operating income reaching $533 million. The firm’s CEO, George Kurian, said that the company’s fast growth was driven by all-flash arrays, cloud services, and AI demand, while also noting solid operational discipline and positioning the platform as an AI data backbone.

NetApp, Inc. (NASDAQ:NTAP) provides software, systems, and services for managing and sharing data on-premises. The company also provides private and public clouds worldwide. It operates in two segments: hybrid cloud and public cloud.