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NetApp (NTAP) Stock Forecast, Price Target & Predictions

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NTAP Stock Forecast

NetApp (NTAP) stock forecast, based on 58 Wall Street analysts, predicts a 12-month average price target of $130.00, with a high of $130.00 and a low of $130.00. This represents a 59.80% increase from the last price of $81.35.

$80 $90 $100 $110 $120 $130 High: $130 Avg: $130 Low: $130 Last Closed Price: $81.35

NTAP Stock Rating

NetApp stock's rating consensus is Hold, based on 58 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 25 Buy (43.10%), 30 Hold (51.72%), 3 Sell (5.17%), and 0 Strong Sell (0.00%).

Hold
Total 58 0 3 30 25 Strong Sell Sell Hold Buy Strong Buy

NTAP Price Target Upside V Benchmarks

TypeNameUpside
StockNetApp59.80%
SectorTechnology Stocks 37.47%

Price Target Trends

1M3M12M
# Anlaysts-116
Avg Price Target-$130.00$129.75
Last Closing Price$81.35$81.35$81.35
Upside/Downside-59.80%59.50%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 253314--20
Mar, 253314--20
Feb, 253412-120
Jan, 253512-121
Dec, 243513-122
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 04, 2025Loop Capital Markets$130.00$93.5638.95%59.80%
Sep 03, 2024Matt O’ConnorWells Fargo$65.00$121.87-46.66%-20.10%
Sep 03, 2024Ananda BaruahLoop Capital Markets$150.00$119.4825.54%84.39%
Aug 29, 2024Tim LongBarclays$119.00$119.20-0.17%46.28%
Aug 29, 2024Samik ChatterjeeJ.P. Morgan$147.00$119.2023.32%80.70%
Aug 29, 2024Matthew SheerinStifel Nicolaus$140.00$119.2017.45%72.10%
Aug 28, 2024Meta MarshallMorgan Stanley$127.00$131.91-3.72%56.12%
Aug 15, 2024Asiya MerchantCitigroup$130.00$127.112.27%59.80%
Jun 12, 2024Matthew SheerinStifel Nicolaus$138.00$125.479.99%69.64%
Jun 12, 2024Mehdi HosseiniSusquehanna$155.00$125.4723.54%90.53%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Feb 27, 2025Bank of America SecuritiesUnderperformNeutralupgrade
Feb 19, 2025Keefe, Bruyette & WoodsOutperformupgrade
Sep 03, 2024Loop Capital MarketsHoldBuyupgrade
Aug 29, 2024UBSNeutralNeutralhold
Aug 29, 2024BarclaysEqual-WeightEqual-Weighthold
Aug 28, 2024WedbushNeutralNeutralhold
Aug 15, 2024CitigroupNeutralNeutralhold
Aug 12, 2024Wells FargoBuyBuyhold
Jun 12, 2024Wells FargoBuyBuyhold
Jun 12, 2024SusquehannaPositivePositivehold

Financial Forecast

EPS Forecast

$3 $4 $5 $6 $7 $8 $9 Apr 20 Apr 21 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 20Apr 21Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$3.56$3.29$4.20$5.87$4.74---
Avg Forecast$3.99$4.01$5.14$5.40$6.47$7.32$7.89$8.58
High Forecast$4.05$4.07$5.22$5.50$6.49$7.46$8.20$8.85
Low Forecast$3.94$3.96$5.08$5.35$6.44$7.25$7.42$8.41
Surprise %-10.78%-17.96%-18.29%8.70%-26.74%---

Revenue Forecast

$5B $6B $6B $7B $7B $8B Apr 20 Apr 21 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 20Apr 21Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$5.41B$5.74B$6.32B$6.36B$6.27B---
Avg Forecast$5.42B$5.69B$6.32B$6.32B$6.26B$6.65B$7.02B$7.43B
High Forecast$5.48B$5.76B$6.40B$6.44B$6.27B$6.67B$7.11B$7.46B
Low Forecast$5.37B$5.63B$6.26B$6.21B$6.21B$6.64B$6.94B$7.41B
Surprise %-0.08%0.99%-0.03%0.59%0.20%---

Net Income Forecast

$0 $400M $800M $1B $2B $2B Apr 20 Apr 21 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 20Apr 21Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27
Reported$819.00M$730.00M$937.00M$1.27B$986.00M---
Avg Forecast$938.47M$593.58M$843.53M$1.16B$1.15B$1.57B$1.66B$1.84B
High Forecast$1.13B$712.30M$1.01B$1.17B$1.38B$1.59B$1.75B$1.89B
Low Forecast$750.78M$474.86M$674.82M$1.14B$920.80M$1.54B$1.58B$1.79B
Surprise %-12.73%22.98%11.08%10.27%-14.34%---

NTAP Forecast FAQ

Is NetApp stock a buy?

NetApp stock has a consensus rating of Hold, based on 58 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 25 Buy, 30 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that NetApp is a neutral investment for most analysts.

What is NetApp's price target?

NetApp's price target, set by 58 Wall Street analysts, averages $130 over the next 12 months. The price target range spans from $130 at the low end to $130 at the high end, suggesting a potential 59.80% change from the previous closing price of $81.35.

How does NetApp stock forecast compare to its benchmarks?

NetApp's stock forecast shows a 59.80% upside, outperforming the average forecast for the technology stocks sector (37.47%).

What is the breakdown of analyst ratings for NetApp over the past three months?

  • April 2025: 15.00% Strong Buy, 15.00% Buy, 70.00% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 15.00% Strong Buy, 15.00% Buy, 70.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 15.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 5.00% Strong Sell.

What is NetApp’s EPS forecast?

NetApp's average annual EPS forecast for its fiscal year ending in April 2025 is $7.32, marking a 54.43% increase from the reported $4.74 in 2024. Estimates for the following years are $7.89 in 2026, and $8.58 in 2027.

What is NetApp’s revenue forecast?

NetApp's average annual revenue forecast for its fiscal year ending in April 2025 is $6.65B, reflecting a 6.09% increase from the reported $6.27B in 2024. The forecast for 2026 is $7.02B, and $7.43B for 2027.

What is NetApp’s net income forecast?

NetApp's net income forecast for the fiscal year ending in April 2025 stands at $1.57B, representing an 58.94% increase from the reported $986M in 2024. Projections indicate $1.66B in 2026, and $1.84B in 2027.