NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
81.61
-8.88 (-9.81%)
At close: Apr 3, 2025, 4:00 PM
81.50
-0.11 (-0.14%)
After-hours: Apr 3, 2025, 7:56 PM EDT
NetApp Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for NetApp stock have an average target of 131.63, with a low estimate of 110 and a high estimate of 160. The average target predicts an increase of 61.29% from the current stock price of 81.61.
Analyst Consensus: Buy
* Price targets were last updated on Mar 4, 2025.
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 |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $150 → $130 | Strong Buy | Maintains | $150 → $130 | +59.29% | Mar 4, 2025 |
| Citigroup | Citigroup | Hold Maintains $135 → $110 | Hold | Maintains | $135 → $110 | +34.79% | Mar 3, 2025 |
| Barclays | Barclays | Hold Maintains $132 → $115 | Hold | Maintains | $132 → $115 | +40.91% | Feb 28, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $130 → $115 | Hold | Maintains | $130 → $115 | +40.91% | Feb 28, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $160 → $153 | Buy | Maintains | $160 → $153 | +87.48% | Feb 28, 2025 |
Financial Forecast
Revenue This Year
6.70B
from 6.27B
Increased by 6.83%
Revenue Next Year
7.02B
from 6.70B
Increased by 4.78%
EPS This Year
7.37
from 4.63
Increased by 59.27%
EPS Next Year
7.93
from 7.37
Increased by 7.56%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 6.9B | 7.4B | 7.8B |
| Avg | 6.7B | 7.0B | 7.4B |
| Low | 6.4B | 6.6B | 7.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 10.3% | 10.2% | 10.7% |
| Avg | 6.8% | 4.8% | 5.7% |
| Low | 2.3% | -2.0% | -0.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.63 | 8.43 | 9.48 |
| Avg | 7.37 | 7.93 | 8.73 |
| Low | 7.06 | 7.19 | 7.60 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 64.9% | 14.3% | 19.5% |
| Avg | 59.3% | 7.6% | 10.0% |
| Low | 52.4% | -2.5% | -4.2% |
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.