NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
168.87
-2.34 (-1.37%)
At close: Jul 10, 2026, 4:00 PM EDT
168.70
-0.17 (-0.10%)
After-hours: Jul 10, 2026, 7:55 PM EDT
NetApp Stock Forecast
Stock Price Forecast
According to 20 analysts polled by S&P Global, NetApp stock has a consensus rating of "Buy" and an average price target of $175.69. The average 1-year stock price forecast is 4.04% higher than the current stock price, while the lowest is $137 (-18.87%) and the highest is $200 (+18.43%).
Price Target: $175.69 (+4.04%)
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 | 6 |
| 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 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $199 | Buy | Maintains | $199 | +17.84% | Jun 24, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Reiterates $150 → $180 | Hold | Reiterates | $150 → $180 | +6.59% | Jun 8, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $150 | Hold | Maintains | $150 | -11.17% | Jun 3, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $127 → $200 | Buy | Maintains | $127 → $200 | +18.43% | Jun 2, 2026 |
| Citi | Citi | Hold Reiterates $114 → $150 | Hold | Reiterates | $114 → $150 | -11.17% | Jun 1, 2026 |
Financial Forecast
Revenue This Year
7.48B
from 6.93B
Increased by 7.96%
Revenue Next Year
7.89B
from 7.48B
Increased by 5.51%
EPS This Year
8.90
from 8.13
Increased by 9.53%
EPS Next Year
9.84
from 8.90
Increased by 10.55%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 7.6B | ||
| Avg | 7.5B | ||
| Low | 7.5B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 9.1% | ||
| Avg | 8.0% | ||
| Low | 7.6% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 9.30 | ||
| Avg | 8.90 | ||
| Low | 8.83 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 14.4% | ||
| Avg | 9.5% | ||
| Low | 8.6% |