QNAP TS-464: should we still buy it in 2025?

[Freeco]

I'm in the market for a new NAS, as my old one I have running at my neighbors as an off-site backup is about to go EOL. I obviously want to get security updates for a device that's connected to the internet... I'd put my current QNAP TS-453D at my neighbors, and buy a new one for home.
The QNAP TS-464 would perfectly suite my needs, but it doesn't feel right to still buy a model that over 2 years old, and I expect will be replaced some time soon.

The TS-464 was revealed in March 2022, so almost 3 years ago.
It was launched somewhat later. NC reviewed it 18th of April 2022, and re-reviewed it May last year.

In the meantime its Intel N5095 CPU is 4 years old. Intel Jasper Lake has had a replacement with Alderlake last year (the N95 for eg), and Q1 this year Twin Lake is released.
The processing power of the N5095 should be fine for me. What holds me back most is the PCIe Gen3 x1 NVMe slots. Should still be perfectly fine for traffic over 2.5Gbit, but it feels so outdated.
Not that I expect much better from the newer generation CPUs though. I see both Alderlake and Twin Like are also still PCIe gen 3, and have only 1 extra lane available.

So yeah... should I wait?
Anyone have any rumors about a successor to the TS-464? 
There's CES in Las Vegas at the moment... Is QNAP present with new models?

[ed]

The QNAP TS-464 remains a strong contender for a mid-range NAS in 2025, but your hesitation regarding its age and potential replacement is valid. Here’s a breakdown to help you decide:

Why Consider the QNAP TS-464 in 2025?
Performance:
The Intel N5095 (Jasper Lake) is still a solid CPU for NAS tasks, including Plex, backups, and light virtualization. It’s efficient and handles 2.5GbE traffic without issues.
Features:
PCIe Gen3 x1 NVMe Slots: While limited, these are sufficient for caching and accelerating 2.5GbE or even 10GbE workflows.
Expandability with PCIe for 10GbE NICs or additional storage options.
4-bay design with support for larger drives makes it a good choice for scalability.
Longevity:
QNAP typically supports their NAS devices with firmware updates for 5–7 years, ensuring security and usability.
Why You Might Wait for a Newer Model
Hardware Refresh:
QNAP has not announced a successor to the TS-464 yet, but a refresh with Intel Alder Lake or even Twin Lake processors may bring slightly better performance, efficiency, and updated PCIe configurations.
Future-Proofing:
Newer models may include PCIe Gen4, better support for SSD caching, or integrated AI features for media management.
CES Rumors:
QNAP has not showcased significant updates at CES 2025 for this segment yet, but their typical refresh cycle suggests a replacement could be announced within the year.
Recommendation
If You Need a NAS Now:
The TS-464 is a reliable choice if its features meet your current needs. Moving your TS-453D to your neighbor for off-site backups and using the TS-464 at home is a logical upgrade.
If You Can Wait:
If future-proofing is important and you're not in a hurry, waiting a few months for potential announcements from QNAP might yield better hardware options.
Alternative Considerations
Asustor Lockerstor 4 Gen 2 (AS6704T): A newer model with Intel N5105, PCIe 3.0 slots, and 2.5GbE.
Synology DS923+: Excellent software and hardware, but no native HDMI or Plex-friendly transcoding features.
Conclusion
The TS-464 is still a viable and capable NAS in 2025, especially if you prioritize a balance of price, performance, and features. However, if you value cutting-edge technology and can wait, holding off for potential announcements later this year might be worth considering.