NetApp (NTAP) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

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.

$50 $90 $130 $170 $210 $250 High: $219 Avg: $194.22 Low: $170 Last Closed Price: $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
Total 71 0 8 37 26 Strong Sell Sell Hold Buy Strong Buy

NTAP Price Target Upside V Benchmarks


TypeNameUpside
StockNetApp5.13%
SectorTechnology Stocks 26.78%

Price Target Trends


1M3M12M
# Anlaysts8921
Avg Price Target$193.50$191.22$167.81
Last Closing Price$184.74$184.74$184.74
Upside/Downside4.74%3.51%-9.16%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Sep, 262612--20
Aug, 2626111-20
Jul, 2626111-20
Jun, 2625111-19
May, 2626111-20
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 03, 2026Nehal ChokshiNorthland Securities$187.00$185.810.64%1.22%
Sep 03, 2026Morgan Stanley$191.00$184.763.38%3.39%
Sep 03, 2026Wedbush$170.00$182.21-6.70%-7.98%
Sep 03, 2026David VogtUBS$171.00$180.77-5.40%-7.44%
Sep 03, 2026Wells Fargo$190.00$180.775.11%2.85%
Sep 03, 2026Barclays$219.00$180.7721.15%18.54%
Sep 03, 2026Katherine MurphyGoldman Sachs$210.00$180.7716.17%13.67%
Aug 24, 2026Evercore ISI$210.00$187.2612.14%13.67%
Aug 10, 2026Morgan Stanley$173.00$189.52-8.72%-6.35%
Jun 02, 2026Goldman Sachs$200.00$179.7011.30%8.26%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2026WedbushNeutralNeutralhold
Sep 03, 2026UBSNeutralNeutralhold
Sep 03, 2026BarclaysOverweightOverweighthold
Sep 03, 2026Wells FargoPositivePositivehold
Sep 03, 2026Goldman SachsBuyBuyhold
Aug 18, 2026CitigroupNeutralNeutralhold
Aug 10, 2026Morgan StanleyUnderweightEqual-Weightupgrade
Jun 02, 2026Goldman SachsBuyBuyhold
May 29, 2026UBSNeutralNeutralhold
May 29, 2026WedbushNeutralNeutralhold

Financial Forecast


EPS Forecast

$4 $5 $6 $7 $8 $9 Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 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

$6B $6B $7B $7B $7B $8B Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 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

$500M $800M $1B $1B $2B $2B Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 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%-

NTAP Forecast FAQ


Is NetApp stock a buy?

NetApp stock has a consensus rating of Hold, based on 71 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 26 Buy, 37 Hold, 8 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 71 Wall Street analysts, averages $194.22 over the next 12 months. The price target range spans from $170 at the low end to $219 at the high end, suggesting a potential 5.13% change from the previous closing price of $184.74.

How does NetApp stock forecast compare to its benchmarks?

NetApp's stock forecast shows a 5.13% upside, underperforming the average forecast for the technology stocks sector (26.78%).

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

  • September 2026: 10.00% Strong Buy, 30.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • August 2026: 10.00% Strong Buy, 30.00% Buy, 55.00% Hold, 5.00% Sell, 0% Strong Sell.
  • July 2026: 10.00% Strong Buy, 30.00% Buy, 55.00% Hold, 5.00% Sell, 0% Strong Sell.

What is NetApp’s EPS forecast?

NetApp's average annual EPS forecast for its fiscal year ending in April 2027 is $8.58, marking a 33.44% increase from the reported $6.43 in 2026..

What is NetApp’s revenue forecast?

NetApp's average annual revenue forecast for its fiscal year ending in April 2027 is $7.43B, reflecting a 7.35% increase from the reported $6.92B in 2026.

What is NetApp’s net income forecast?

NetApp's net income forecast for the fiscal year ending in April 2027 stands at $1.84B, representing an 44.12% increase from the reported $1.28B in 2026.