NetApp (NTAP) Stock Forecast, Price Target & Predictions
NTAP Stock Forecast
NetApp (NTAP) stock forecast, based on 71 Wall Street analysts, predicts a 12-month average price target of $194.22, with a high of $219.00 and a low of $170.00. This represents a 5.13% increase from the last price of $184.74.
NTAP Stock Rating
NetApp stock's rating consensus is Hold, based on 71 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 26 Buy (36.62%), 37 Hold (52.11%), 8 Sell (11.27%), and 0 Strong Sell (0.00%).
Hold
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 8 | 9 | 21 |
| Avg Price Target | $193.50 | $191.22 | $167.81 |
| Last Closing Price | $184.74 | $184.74 | $184.74 |
| Upside/Downside | 4.74% | 3.51% | -9.16% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Sep, 26 | 2 | 6 | 12 | - | - | 20 |
| Aug, 26 | 2 | 6 | 11 | 1 | - | 20 |
| Jul, 26 | 2 | 6 | 11 | 1 | - | 20 |
| Jun, 26 | 2 | 5 | 11 | 1 | - | 19 |
| May, 26 | 2 | 6 | 11 | 1 | - | 20 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 03, 2026 | Nehal Chokshi | Northland Securities | $187.00 | $185.81 | 0.64% | 1.22% |
| Sep 03, 2026 | Morgan Stanley | $191.00 | $184.76 | 3.38% | 3.39% | |
| Sep 03, 2026 | Wedbush | $170.00 | $182.21 | -6.70% | -7.98% | |
| Sep 03, 2026 | David Vogt | UBS | $171.00 | $180.77 | -5.40% | -7.44% |
| Sep 03, 2026 | Wells Fargo | $190.00 | $180.77 | 5.11% | 2.85% | |
| Sep 03, 2026 | Barclays | $219.00 | $180.77 | 21.15% | 18.54% | |
| Sep 03, 2026 | Katherine Murphy | Goldman Sachs | $210.00 | $180.77 | 16.17% | 13.67% |
| Aug 24, 2026 | Evercore ISI | $210.00 | $187.26 | 12.14% | 13.67% | |
| Aug 10, 2026 | Morgan Stanley | $173.00 | $189.52 | -8.72% | -6.35% | |
| Jun 02, 2026 | Goldman Sachs | $200.00 | $179.70 | 11.30% | 8.26% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 03, 2026 | Wedbush | Neutral | Neutral | hold |
| Sep 03, 2026 | UBS | Neutral | Neutral | hold |
| Sep 03, 2026 | Barclays | Overweight | Overweight | hold |
| Sep 03, 2026 | Wells Fargo | Positive | Positive | hold |
| Sep 03, 2026 | Goldman Sachs | Buy | Buy | hold |
| Aug 18, 2026 | Citigroup | Neutral | Neutral | hold |
| Aug 10, 2026 | Morgan Stanley | Underweight | Equal-Weight | upgrade |
| Jun 02, 2026 | Goldman Sachs | Buy | Buy | hold |
| May 29, 2026 | UBS | Neutral | Neutral | hold |
| May 29, 2026 | Wedbush | Neutral | Neutral | hold |
Financial Forecast
EPS Forecast
Annual
| Apr 22 | Apr 23 | Apr 24 | Apr 25 | Apr 26 | Apr 27 | |
|---|---|---|---|---|---|---|
| Reported | $4.20 | $5.87 | $4.74 | $5.81 | $6.43 | - |
| Avg Forecast | $5.14 | $5.40 | $6.47 | $7.32 | $7.89 | $8.58 |
| High Forecast | $5.22 | $5.50 | $6.49 | $7.46 | $8.20 | $8.85 |
| Low Forecast | $5.08 | $5.35 | $6.44 | $7.25 | $7.42 | $8.41 |
| Surprise % | -18.29% | 8.70% | -26.74% | -20.63% | -18.50% | - |
Revenue Forecast
Annual
| Apr 22 | Apr 23 | Apr 24 | Apr 25 | Apr 26 | Apr 27 | |
|---|---|---|---|---|---|---|
| Reported | $6.32B | $6.36B | $6.27B | $6.57B | $6.92B | - |
| Avg Forecast | $6.32B | $6.32B | $6.26B | $6.65B | $7.02B | $7.43B |
| High Forecast | $6.40B | $6.44B | $6.27B | $6.67B | $7.11B | $7.46B |
| Low Forecast | $6.26B | $6.21B | $6.21B | $6.64B | $6.94B | $7.41B |
| Surprise % | -0.03% | 0.59% | 0.20% | -1.17% | -1.35% | - |
Net Income Forecast
Annual
| Apr 22 | Apr 23 | Apr 24 | Apr 25 | Apr 26 | Apr 27 | |
|---|---|---|---|---|---|---|
| Reported | $937.00M | $1.27B | $986.00M | $1.19B | $1.28B | - |
| Avg Forecast | $843.53M | $1.16B | $1.15B | $1.57B | $1.66B | $1.84B |
| High Forecast | $1.01B | $1.17B | $1.38B | $1.59B | $1.75B | $1.89B |
| Low Forecast | $674.82M | $1.14B | $920.80M | $1.54B | $1.58B | $1.79B |
| Surprise % | 11.08% | 10.27% | -14.34% | -24.32% | -23.33% | - |