NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
159.71
0.00 (0.00%)
At close: Jun 18, 2026, 4:00 PM EDT
160.50
+0.79 (0.49%)
Pre-market: Jun 22, 2026, 7:27 AM 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 $171.75. The average 1-year stock price forecast is 7.54% higher than the current stock price, while the lowest is $117 (-26.74%) and the highest is $200 (+25.23%).

Price Target: $171.75 (+7.54%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$117$171.75$175.5$200
Change-26.74%+7.54%+9.89%+25.23%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy666656
Buy333222
Hold111111111111
Sell000000
Strong Sell111111
Total212121201920

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$150$180
HoldReiterates$150$180+12.70%Jun 8, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$150
HoldMaintains$150-6.08%Jun 3, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$127$200
BuyMaintains$127$200+25.23%Jun 2, 2026
Citi
Citi
Hold
Reiterates
$114$150
HoldReiterates$114$150-6.08%Jun 1, 2026
Barclays
Barclays
Buy
Reiterates
$120$199
BuyReiterates$120$199+24.60%Jun 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
7.48B
from 6.93B
Increased by 7.97%
Revenue Next Year
7.89B
from 7.48B
Increased by 5.51%
EPS This Year
8.90
from 8.13
Increased by 9.46%
EPS Next Year
9.86
from 8.90
Increased by 10.79%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 29, 2022Apr 28, 2023Apr 26, 2024Apr 25, 2025Apr 24, 2026Apr 30, 2027
Revenue
6.32B6.36B6.27B6.57B6.93B7.48B
Revenue Growth
9.99%0.70%-1.48%4.85%5.37%7.97%
Gross Profit
4.22B4.21B4.43B4.61B4.90B5.18B
Gross Margin
66.79%66.16%70.72%70.19%70.74%69.24%
Operating Income
1.20B1.16B1.27B1.43B1.70B2.22B
Net Income
937.00M1.27B986.00M1.19B1.28B1.40B
EPS
----8.138.90
EPS Growth
----12.14%9.46%
Forward PE
14.2311.7115.2411.8812.9117.95
Dividend / Share
2.002.002.002.082.082.08
Dividend Growth
---4.00%-0.01%
Free Cash Flow
764.25M969.50M1.42B1.15B1.30B1.80B
No. Analysts
-----17
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High7.6B
Avg7.5B
Low7.5B

Revenue Growth

Revenue Growth202720282029
High
9.1%
Avg
8.0%
Low
7.6%

EPS Forecast

EPS202720282029
High9.30
Avg8.90
Low8.83

EPS Growth

EPS Growth202720282029
High
14.4%
Avg
9.5%
Low
8.6%