NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
143.09
+4.14 (2.98%)
May 27, 2026, 3:50 PM EDT - Market open
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 $117.6. The average 1-year stock price forecast is 17.81% lower than the current stock price, while the lowest is $88 (-38.50%) and the highest is $137 (-4.26%).
Price Target: $117.6 (-17.81%)
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 '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 12 | 11 | 11 | 11 | 11 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 20 | 21 | 21 | 21 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $88 | Sell | Maintains | $88 | -38.50% | May 21, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Reiterates $118 → $125 | Hold | Reiterates | $118 → $125 | -12.64% | May 20, 2026 |
| Citi | Citi | Hold Maintains $114 | Hold | Maintains | $114 | -20.33% | May 14, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Downgrades $125 → $110 | Hold | Downgrades | $125 → $110 | -23.13% | Apr 16, 2026 |
Unknown Analyst Goldman Sachs No rating | Goldman Sachs | Buy Maintains $124 → $127 | Buy | Maintains | $124 → $127 | -11.24% | Apr 16, 2026 |
Financial Forecast
Revenue This Year
6.98B
from 6.57B
Increased by 6.24%
Revenue Next Year
7.34B
from 6.98B
Increased by 5.08%
EPS This Year
8.14
from 5.67
Increased by 43.53%
EPS Next Year
8.71
from 8.14
Increased by 7.09%
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% | 5.1% | |
| Low | 1.2% | -4.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 8.40 | 9.48 | |
| Avg | 8.14 | 8.71 | |
| Low | 7.79 | 7.38 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 48.1% | 16.5% | |
| Avg | 43.5% | 7.1% | |
| Low | 37.4% | -9.3% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.