NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
99.82
+0.17 (0.17%)
May 15, 2025, 4:00 PM - Market closed
NetApp Stock Forecast
Stock Price Forecast
According to 16 professional analysts, the 12-month price target for NetApp stock ranges from a low of $90 to a high of $160. The average analyst price target of $126 forecasts a 26.23% increase in the stock price over the next year.
Price Target: $126.00 (+26.23%)
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 2 | 1 | 2 | 2 |
| Hold | 11 | 11 | 12 | 12 | 11 | 11 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 18 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold → Buy Upgrades $115 | Hold → Buy | Upgrades | $115 | +15.21% | Apr 30, 2025 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $120 → $100 | Hold | Maintains | $120 → $100 | +0.18% | Apr 28, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $153 → $113 | Buy | Maintains | $153 → $113 | +13.20% | Apr 17, 2025 |
| Citigroup | Citigroup | Hold Maintains $110 → $90 | Hold | Maintains | $110 → $90 | -9.84% | Apr 14, 2025 |
| Loop Capital | Loop Capital | Strong Buy Maintains $150 → $130 | Strong Buy | Maintains | $150 → $130 | +30.23% | Mar 4, 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.