10 Best Computer Hardware Stocks to Buy According to Billionaires

7. NetApp Inc. (NASDAQ:NTAP)

Number of Billionaire Investors: 11

Billionaire Holdings: $321 Million

Number of Hedge Fund Holders: 41

NetApp Inc. (NASDAQ:NTAP), a data management and cloud storage company, focuses on hybrid and multi-cloud environments. Its offerings include ONTAP, a robust data management software, along with various all-flash and hybrid storage solutions designed to enhance performance, scalability, and efficiency for businesses.

The company’s Q3 2025 results (with its fiscal year ending in April) elicited mixed reactions from analysts. A Citi analyst, holding a Neutral rating, reduced the price target on NetApp Inc. (NASDAQ:NTAP) from $135 to $110. The analyst appreciated management’s clarification that the Q3 sales miss was not due to competitive losses but emphasized that the execution miss is likely to raise concerns among investors.

In contrast, a Loop Capital analyst maintained a Buy rating, though the price target was lowered from $150 to $130. The analyst pointed out that Q4 results represented the fifth consecutive quarter of growth in revenue and billings, primarily driven by a 10% year-over-year increase in all-flash storage sales. The report also highlighted the growing demand for AI-driven workloads as a significant growth driver. Despite facing sales execution issues, Loop Capital considers this an attractive value opportunity for investors.