NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
215.05
+4.97 (2.37%)
At close: Oct 1, 2026, 4:00 PM EDT
213.60
-1.45 (-0.67%)
Pre-market: Oct 2, 2026, 7:55 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 $198.25. The average 1-year stock price forecast is 7.81% lower than the current stock price, while the lowest is $170 (-20.95%) and the highest is $220 (+2.30%).

Price Target: $198.25 (-7.81%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$170$198.25$197$220
Change-20.95%-7.81%-8.39%+2.30%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy656666
Buy222222
Hold111111111212
Sell000000
Strong Sell111100
Total201920202020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wedbush
Wedbush
Hold
Reiterates
$170
HoldReiterates$170-20.95%Oct 1, 2026
Barclays
Barclays
Buy
Maintains
$219
BuyMaintains$219+1.84%Oct 1, 2026
William Blair
William Blair
Hold
Maintains
n/a
HoldMaintainsn/an/aSep 30, 2026
Oppenheimer
Oppenheimer
Hold
Maintains
n/a
HoldMaintainsn/an/aSep 30, 2026
Citi
Citi
Hold
Reiterates
$190
HoldReiterates$190-11.65%Sep 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.18B
from 6.93B
Increased by 18.10%
Revenue Next Year
8.65B
from 8.18B
Increased by 5.80%
EPS This Year
10.01
from 8.13
Increased by 23.07%
EPS Next Year
11.12
from 10.01
Increased by 11.15%
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%18.10%
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%