NetApp (NTAP) Stock Forecast, Price Target & Predictions


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NTAP Stock Forecast


NetApp (NTAP) stock forecast, based on 71 Wall Street analysts, predicts a 12-month average price target of $167.00, with a high of $200.00 and a low of $89.00. This represents a 4.07% increase from the last price of $160.47.

$50 $80 $110 $140 $170 $200 High: $200 Avg: $167 Low: $89 Last Closed Price: $160.47

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%), 36 Hold (50.70%), 9 Sell (12.68%), and 0 Strong Sell (0.00%).

Hold
Total 71 0 9 36 26 Strong Sell Sell Hold Buy Strong Buy

NTAP Price Target Upside V Benchmarks


TypeNameUpside
StockNetApp4.07%
SectorTechnology Stocks 17.57%

Price Target Trends


1M3M12M
# Anlaysts6615
Avg Price Target$180.00$180.00$143.60
Last Closing Price$160.47$160.47$160.47
Upside/Downside12.17%12.17%-10.51%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 2625111-19
May, 2626111-20
Apr, 2636111-21
Mar, 2636111-21
Feb, 2636111-21
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 02, 2026Goldman Sachs$200.00$179.7011.30%24.63%
Jun 01, 2026Jim KelleherArgus Research$200.00$173.3815.35%24.63%
May 29, 2026David VogtUBS$160.00$183.21-12.67%-0.29%
May 29, 2026Northland Securities$171.00$180.97-5.51%6.56%
May 29, 2026Matt BrysonWedbush$150.00$182.28-17.71%-6.52%
May 29, 2026Tim LongBarclays$199.00$142.4039.75%24.01%
Jan 20, 2026Erik WoodringMorgan Stanley$89.00$103.81-14.27%-44.54%
Jan 13, 2026Katherine MurphyGoldman Sachs$128.00$107.0319.59%-20.23%
Nov 26, 2025David VogtUBS$120.00$111.487.64%-25.22%
Nov 26, 2025Northland Securities$137.00$111.4822.89%-14.63%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jun 02, 2026Goldman SachsBuyBuyhold
May 29, 2026UBSNeutralNeutralhold
May 29, 2026WedbushNeutralNeutralhold
May 29, 2026BarclaysOverweightOverweighthold
May 14, 2026CitigroupNeutralMixeddowngrade
Feb 17, 2026CitigroupNeutralNeutralhold
Jan 20, 2026Morgan StanleyCautiousUnderweightdowngrade
Jan 13, 2026Goldman SachsSellBuyinitialise
Nov 26, 2025OppenheimerPerformPerformhold
Nov 26, 2025UBSNeutralNeutralhold

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, 36 Hold, 9 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 $167 over the next 12 months. The price target range spans from $89 at the low end to $200 at the high end, suggesting a potential 4.07% change from the previous closing price of $160.47.

How does NetApp stock forecast compare to its benchmarks?

NetApp's stock forecast shows a 4.07% upside, underperforming the average forecast for the technology stocks sector (17.57%).

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

  • June 2026: 10.53% Strong Buy, 26.32% Buy, 57.89% Hold, 5.26% Sell, 0% Strong Sell.
  • May 2026: 10.00% Strong Buy, 30.00% Buy, 55.00% Hold, 5.00% Sell, 0% Strong Sell.
  • April 2026: 14.29% Strong Buy, 28.57% Buy, 52.38% Hold, 4.76% 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.