NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
179.70
+5.41 (3.10%)
At close: Jun 1, 2026, 4:00 PM EDT
182.38
+2.68 (1.49%)
After-hours: Jun 1, 2026, 7:41 PM EDT
NetApp Stock Forecast
Stock Price Forecast
According to 19 analysts polled by S&P Global, NetApp stock has a consensus rating of "Buy" and an average price target of $163.07. The average 1-year stock price forecast is 9.25% lower than the current stock price, while the lowest is $117 (-34.89%) and the highest is $200 (+11.30%).
Price Target: $163.07 (-9.25%)
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 '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 5 | 5 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 11 | 11 | 11 | 11 | 11 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 21 | 21 | 21 | 20 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Hold Reiterates $114 → $150 | Hold | Reiterates | $114 → $150 | -16.53% | Jun 1, 2026 |
| Barclays | Barclays | Buy Reiterates $120 → $199 | Buy | Reiterates | $120 → $199 | +10.74% | Jun 1, 2026 |
Unknown Analyst Oppenheimer No rating | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | May 30, 2026 |
| Northland Securities | Northland Securities | Buy Reiterates $137 → $171 | Buy | Reiterates | $137 → $171 | -4.84% | May 29, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $127 | Buy | Maintains | $127 | -29.33% | May 29, 2026 |
Financial Forecast
Revenue This Year
7.45B
from 6.93B
Increased by 7.56%
Revenue Next Year
7.89B
from 7.45B
Increased by 5.93%
EPS This Year
7.14
from 6.35
Increased by 12.44%
EPS Next Year
8.03
from 7.14
Increased by 12.41%
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 7.5B | ||
| Avg | 7.4B | ||
| Low | 7.2B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 8.8% | ||
| Avg | 7.6% | ||
| Low | 3.9% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 7.66 | ||
| Avg | 7.14 | ||
| Low | 6.66 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 20.6% | ||
| Avg | 12.4% | ||
| Low | 4.9% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.