NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
215.00
-2.21 (-1.02%)
Oct 22, 2026, 9:31 AM 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 $211.69. The average 1-year stock price forecast is 1.54% lower than the current stock price, while the lowest is $170 (-20.93%) and the highest is $300 (+39.53%).

Price Target: $211.69 (-1.54%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$170$211.69$197$300
Change-20.93%-1.54%-8.37%+39.53%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy566667
Buy222221
Hold111111121212
Sell000000
Strong Sell111000
Total192020202020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Downgrades
$219
HoldDowngrades$219+1.86%Oct 14, 2026
Evercore ISI
Evercore ISI
Buy
Upgrades
$210 → $300
BuyUpgrades$210 → $300+39.53%Oct 7, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$210 → $240
BuyMaintains$210 → $240+11.63%Oct 6, 2026
TD Cowen
TD Cowen
Buy
Maintains
$200 → $250
BuyMaintains$200 → $250+16.28%Oct 6, 2026
Loop Capital Markets
Loop Capital Markets
Buy
Maintains
$215 → $260
BuyMaintains$215 → $260+20.93%Oct 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.18B
from 6.93B
Increased by 18.14%
Revenue Next Year
8.65B
from 8.18B
Increased by 5.79%
EPS This Year
10.01
from 8.13
Increased by 23.07%
EPS Next Year
11.16
from 10.01
Increased by 11.49%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 29, 2022Apr 28, 2023Apr 26, 2024Apr 25, 2025Apr 24, 2026Apr 30, 2027
Revenue
6.32B6.36B6.27B6.57B6.93B8.18B
Revenue Growth
9.99%0.70%-1.48%4.85%5.37%18.14%
Gross Profit
4.22B4.21B4.43B4.61B4.90B5.62B
Gross Margin
66.79%66.16%70.72%70.19%70.74%68.75%
Operating Income
1.20B1.16B1.27B1.43B1.70B2.53B
Net Income
937.00M1.27B986.00M1.19B1.28B1.54B
EPS
----8.1310.01
EPS Growth
----12.14%23.07%
Forward PE
14.2311.7115.2411.8812.9121.49
Dividend / Share
2.002.002.002.082.082.10
Dividend Growth
4.17%--4.00%-0.99%
Free Cash Flow
----1.87B1.76B
No. Analysts
-----17
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High8.6B
Avg8.2B
Low8.1B

Revenue Growth

Revenue Growth202720282029
High
24.6%
Avg
18.1%
Low
16.8%

EPS Forecast

EPS202720282029
High11.00
Avg10.01
Low9.84

EPS Growth

EPS Growth202720282029
High
35.3%
Avg
23.1%
Low
21.0%