NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
106.25
+1.65 (1.58%)
At close: Jun 6, 2025, 4:00 PM
105.28
-0.97 (-0.91%)
After-hours: Jun 6, 2025, 5:35 PM EDT
NetApp Stock Forecast
Stock Price Forecast
According to 16 professional analysts, the 12-month price target for NetApp stock ranges from a low of $100 to a high of $160. The average analyst price target of $122.44 forecasts a 15.24% increase in the stock price over the next year.
Price Target: $122.44 (+15.24%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NetApp stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 2 | 1 | 2 | 2 | 2 |
| Hold | 11 | 12 | 12 | 11 | 11 | 11 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 18 | 17 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $105 → $110 | Hold | Maintains | $105 → $110 | +3.53% | Jun 2, 2025 |
| Barclays | Barclays | Buy Maintains $115 → $117 | Buy | Maintains | $115 → $117 | +10.12% | May 30, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $120 → $115 | Buy | Maintains | $120 → $115 | +8.24% | May 30, 2025 |
| UBS | UBS | Hold Maintains $115 → $108 | Hold | Maintains | $115 → $108 | +1.65% | May 30, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $115 → $100 | Hold | Maintains | $115 → $100 | -5.88% | May 30, 2025 |
Financial Forecast
Revenue This Year
7.00B
from 6.57B
Increased by 6.47%
Revenue Next Year
7.36B
from 7.00B
Increased by 5.23%
EPS This Year
7.86
from 5.67
Increased by 38.64%
EPS Next Year
8.55
from 7.86
Increased by 8.70%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 7.4B | 7.7B |
| Avg | 7.0B | 7.4B |
| Low | 6.6B | 6.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 12.2% | 10.4% |
| Avg | 6.5% | 5.2% |
| Low | -0.2% | -0.8% |
EPS Forecast
| EPS | 2026 | 2027 |
|---|---|---|
| High | 8.43 | 9.48 |
| Avg | 7.86 | 8.55 |
| Low | 6.85 | 7.26 |
EPS Growth
| EPS Growth | 2026 | 2027 |
|---|---|---|
| High | 48.7% | 20.6% |
| Avg | 38.6% | 8.7% |
| Low | 20.8% | -7.6% |
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.