NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
123.92
+0.55 (0.45%)
At close: Sep 17, 2025, 4:00 PM EDT
124.64
+0.72 (0.58%)
Pre-market: Sep 18, 2025, 7:05 AM EDT
NetApp Stock Forecast
Stock Price Forecast
The 15 analysts that cover NetApp stock have a consensus rating of "Buy" and an average price target of $123, which forecasts a -0.74% decrease in the stock price over the next year. The lowest target is $100 and the highest is $160.
Price Target: $123 (-0.74%)
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 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 11 | 11 | 11 | 11 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 17 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Reiterates $130 | Strong Buy | Reiterates | $130 | +4.91% | Aug 29, 2025 |
| Northland Capital Markets | Northland Capital Markets | Hold Maintains $119 → $120 | Hold | Maintains | $119 → $120 | -3.16% | Aug 28, 2025 |
| Barclays | Barclays | Buy Maintains $117 → $125 | Buy | Maintains | $117 → $125 | +0.87% | Aug 28, 2025 |
| UBS | UBS | Hold Maintains $108 → $114 | Hold | Maintains | $108 → $114 | -8.01% | Aug 28, 2025 |
| B of A Securities | B of A Securities | Hold Maintains $121 → $125 | Hold | Maintains | $121 → $125 | +0.87% | Aug 25, 2025 |
Financial Forecast
Revenue This Year
6.90B
from 6.57B
Increased by 4.98%
Revenue Next Year
7.25B
from 6.90B
Increased by 5.07%
EPS This Year
7.90
from 5.67
Increased by 39.32%
EPS Next Year
8.66
from 7.90
Increased by 9.68%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 7.2B | 7.6B | |
| Avg | 6.9B | 7.2B | |
| Low | 6.6B | 6.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 9.7% | 10.8% | |
| Avg | 5.0% | 5.1% | |
| Low | -0.1% | -1.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 8.28 | 9.26 | |
| Avg | 7.90 | 8.66 | |
| Low | 7.45 | 7.69 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 46.1% | 17.2% | |
| Avg | 39.3% | 9.7% | |
| Low | 31.4% | -2.6% |
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.