NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
88.17
+3.29 (3.88%)
Apr 24, 2025, 4:00 PM EDT - Market closed
NetApp Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for NetApp stock have an average target of 127.88, with a low estimate of 90 and a high estimate of 160. The average target predicts an increase of 45.04% from the current stock price of 88.17.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NetApp stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 3 | 3 | 2 | 1 | 1 |
| Hold | 12 | 11 | 11 | 12 | 12 | 12 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 19 | 18 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $153 → $113 | Buy | Maintains | $153 → $113 | +28.16% | Apr 17, 2025 |
| Citigroup | Citigroup | Hold Maintains $110 → $90 | Hold | Maintains | $110 → $90 | +2.08% | Apr 14, 2025 |
| Loop Capital | Loop Capital | Strong Buy Maintains $150 → $130 | Strong Buy | Maintains | $150 → $130 | +47.44% | Mar 4, 2025 |
| Citigroup | Citigroup | Hold Maintains $135 → $110 | Hold | Maintains | $135 → $110 | +24.76% | Mar 3, 2025 |
| Barclays | Barclays | Hold Maintains $132 → $115 | Hold | Maintains | $132 → $115 | +30.43% | Feb 28, 2025 |
Financial Forecast
Revenue This Year
6.69B
from 6.27B
Increased by 6.78%
Revenue Next Year
7.00B
from 6.69B
Increased by 4.54%
EPS This Year
7.37
from 4.63
Increased by 59.21%
EPS Next Year
7.87
from 7.37
Increased by 6.83%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 6.9B | 7.4B | 7.7B |
| Avg | 6.7B | 7.0B | 7.4B |
| Low | 6.4B | 6.6B | 6.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 10.3% | 10.2% | 10.4% |
| Avg | 6.8% | 4.5% | 5.2% |
| Low | 1.8% | -2.0% | -0.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.63 | 8.43 | 9.48 |
| Avg | 7.37 | 7.87 | 8.55 |
| Low | 7.03 | 6.85 | 7.26 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 64.9% | 14.4% | 20.4% |
| Avg | 59.2% | 6.8% | 8.5% |
| Low | 51.8% | -7.1% | -7.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.