NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
98.89
+0.49 (0.50%)
At close: Apr 14, 2026, 4:00 PM EDT
99.88
+0.99 (1.00%)
After-hours: Apr 14, 2026, 7:29 PM EDT
NetApp Stock Forecast
Stock Price Forecast
The 12 analysts that cover NetApp stock have a consensus rating of "Hold" and an average price target of $118.25, which forecasts a 19.58% increase in the stock price over the next year. The lowest target is $89 and the highest is $137.
Price Target: $118.25 (+19.58%)
Analyst Consensus: Hold
* Price targets were last updated on Mar 2, 2026.
Analyst Ratings
The average analyst rating for NetApp stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 9 | 9 | 8 | 8 | 8 | 8 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $110 → $114 | Hold | Maintains | $110 → $114 | +15.28% | Mar 2, 2026 |
| Wedbush | Wedbush | Hold Reiterates $115 | Hold | Reiterates | $115 | +16.29% | Feb 25, 2026 |
| Citigroup | Citigroup | Hold Maintains $125 → $110 | Hold | Maintains | $125 → $110 | +11.23% | Feb 17, 2026 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $117 → $89 | Hold → Sell | Downgrades | $117 → $89 | -10.00% | Jan 20, 2026 |
| Northland Capital Markets | Northland Capital Markets | Hold → Buy Upgrades $120 → $137 | Hold → Buy | Upgrades | $120 → $137 | +38.54% | Nov 26, 2025 |
Financial Forecast
Revenue This Year
6.98B
from 6.57B
Increased by 6.22%
Revenue Next Year
7.32B
from 6.98B
Increased by 4.91%
EPS This Year
8.14
from 5.67
Increased by 43.51%
EPS Next Year
8.70
from 8.14
Increased by 6.94%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 7.2B | 7.8B | |
| Avg | 7.0B | 7.3B | |
| Low | 6.6B | 6.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 10.1% | 11.1% | |
| Avg | 6.2% | 4.9% | |
| Low | 1.2% | -3.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 8.40 | 9.48 | |
| Avg | 8.14 | 8.70 | |
| Low | 7.78 | 7.38 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 48.1% | 16.5% | |
| Avg | 43.5% | 6.9% | |
| Low | 37.2% | -9.3% |
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.