NetApp (NTAP) Stock Forecast, Price Target & Predictions
NTAP Stock Forecast
NetApp (NTAP) stock forecast, based on 70 Wall Street analysts, predicts a 12-month average price target of $120.50, with a high of $137.00 and a low of $89.00. This represents a 21.95% increase from the last price of $98.81.
NTAP Stock Rating
NetApp stock's rating consensus is Hold, based on 70 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 27 Buy (38.57%), 34 Hold (48.57%), 9 Sell (12.86%), and 0 Strong Sell (0.00%).
Hold
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 6 | 11 |
| Avg Price Target | $108.50 | $120.50 | $119.09 |
| Last Closing Price | $98.81 | $98.81 | $98.81 |
| Upside/Downside | 9.81% | 21.95% | 20.52% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Jan, 26 | 3 | 5 | 12 | - | - | 20 |
| Dec, 25 | 3 | 5 | 12 | - | - | 20 |
| Nov, 25 | 3 | 3 | 12 | - | - | 18 |
| Oct, 25 | 3 | 3 | 12 | - | - | 18 |
| Sep, 25 | 3 | 3 | 12 | - | - | 18 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jan 20, 2026 | Erik Woodring | Morgan Stanley | $89.00 | $103.81 | -14.27% | -9.93% |
| Jan 13, 2026 | Katherine Murphy | Goldman Sachs | $128.00 | $107.03 | 19.59% | 29.54% |
| Nov 26, 2025 | David Vogt | UBS | $120.00 | $111.48 | 7.64% | 21.45% |
| Nov 26, 2025 | Northland Securities | $137.00 | $111.48 | 22.89% | 38.65% | |
| Nov 26, 2025 | Wells Fargo | $115.00 | $111.48 | 3.16% | 16.38% | |
| Nov 26, 2025 | Barclays | $134.00 | $112.38 | 19.24% | 35.61% | |
| Aug 28, 2025 | Northland Securities | $120.00 | $117.22 | 2.37% | 21.45% | |
| Aug 28, 2025 | Erik Woodring | Morgan Stanley | $117.00 | $115.12 | 1.63% | 18.41% |
| May 20, 2025 | Meta Marshall | Morgan Stanley | $106.00 | $101.06 | 4.89% | 7.28% |
| Mar 04, 2025 | Loop Capital Markets | $130.00 | $93.56 | 38.95% | 31.57% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 20, 2026 | Morgan Stanley | Cautious | Underweight | downgrade |
| Jan 13, 2026 | Goldman Sachs | Sell | Buy | initialise |
| Nov 26, 2025 | Oppenheimer | Perform | Perform | hold |
| Nov 26, 2025 | UBS | Neutral | Neutral | hold |
| Nov 26, 2025 | Wells Fargo | Positive | Positive | hold |
| Nov 26, 2025 | Barclays | Overweight | Overweight | hold |
| Nov 17, 2025 | Oppenheimer | Perform | initialise | |
| Oct 16, 2025 | Citigroup | Neutral | Neutral | hold |
| Aug 28, 2025 | UBS | Neutral | Neutral | hold |
| Aug 28, 2025 | Barclays | Overweight | Overweight | hold |
Financial Forecast
EPS Forecast
Annual
| Apr 21 | Apr 22 | Apr 23 | Apr 24 | Apr 25 | Apr 26 | Apr 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $3.29 | $4.20 | $5.87 | $4.74 | $5.81 | - | - |
| Avg Forecast | $4.01 | $5.14 | $5.40 | $6.47 | $7.32 | $7.89 | $8.58 |
| High Forecast | $4.07 | $5.22 | $5.50 | $6.49 | $7.46 | $8.20 | $8.85 |
| Low Forecast | $3.96 | $5.08 | $5.35 | $6.44 | $7.25 | $7.42 | $8.41 |
| Surprise % | -17.96% | -18.29% | 8.70% | -26.74% | -20.63% | - | - |
Revenue Forecast
Annual
| Apr 21 | Apr 22 | Apr 23 | Apr 24 | Apr 25 | Apr 26 | Apr 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $5.74B | $6.32B | $6.36B | $6.27B | $6.57B | - | - |
| Avg Forecast | $5.69B | $6.32B | $6.32B | $6.26B | $6.65B | $7.02B | $7.43B |
| High Forecast | $5.76B | $6.40B | $6.44B | $6.27B | $6.67B | $7.11B | $7.46B |
| Low Forecast | $5.63B | $6.26B | $6.21B | $6.21B | $6.64B | $6.94B | $7.41B |
| Surprise % | 0.99% | -0.03% | 0.59% | 0.20% | -1.17% | - | - |
Net Income Forecast
Annual
| Apr 21 | Apr 22 | Apr 23 | Apr 24 | Apr 25 | Apr 26 | Apr 27 | |
|---|---|---|---|---|---|---|---|
| Reported | $730.00M | $937.00M | $1.27B | $986.00M | $1.19B | - | - |
| Avg Forecast | $593.58M | $843.53M | $1.16B | $1.15B | $1.57B | $1.66B | $1.84B |
| High Forecast | $712.30M | $1.01B | $1.17B | $1.38B | $1.59B | $1.75B | $1.89B |
| Low Forecast | $474.86M | $674.82M | $1.14B | $920.80M | $1.54B | $1.58B | $1.79B |
| Surprise % | 22.98% | 11.08% | 10.27% | -14.34% | -24.32% | - | - |