NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
183.39
+7.40 (4.20%)
Nov 11, 2026, 10:03 AM EST - Market open

NetApp Stock Forecast

Stock Price Forecast

According to 21 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 15.43% higher than the current stock price, while the lowest is $170 (-7.30%) and the highest is $300 (+63.59%).

Price Target: $211.69 (+15.43%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$170$211.69$197$300
Change-7.30%+15.43%+7.42%+63.59%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy666677
Buy222211
Hold111112121313
Sell000000
Strong Sell110000
Total202020202121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Reiterates
$240
BuyReiterates$240+30.87%Nov 3, 2026
Guggenheim
Guggenheim
Hold
Initiates
n/a
HoldInitiatesn/an/aOct 26, 2026
Barclays
Barclays
Hold
Downgrades
$219
HoldDowngrades$219+19.42%Oct 14, 2026
Evercore ISI
Evercore ISI
Buy
Upgrades
$210 → $300
BuyUpgrades$210 → $300+63.59%Oct 7, 2026
TD Cowen
TD Cowen
Buy
Maintains
$200 → $250
BuyMaintains$200 → $250+36.32%Oct 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
8.19B
from 6.93B
Increased by 18.25%
Revenue Next Year
8.68B
from 8.19B
Increased by 6.03%
EPS This Year
10.02
from 8.13
Increased by 23.21%
EPS Next Year
11.17
from 10.02
Increased by 11.53%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 29, 2022Apr 28, 2023Apr 26, 2024Apr 25, 2025Apr 24, 2026Apr 30, 2027
Revenue
6.32B6.36B6.27B6.57B6.93B8.19B
Revenue Growth
9.99%0.70%-1.48%4.85%5.37%18.25%
Gross Profit
4.22B4.21B4.43B4.61B4.90B5.63B
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
937.00M1.27B986.00M1.19B1.28B1.53B
EPS
----8.1310.02
EPS Growth
----12.14%23.21%
Forward PE
14.2311.7115.2411.8812.9118.31
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
-----18
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
18.2%
Low
16.8%

EPS Forecast

EPS202720282029
High11.00
Avg10.02
Low9.84

EPS Growth

EPS Growth202720282029
High
35.3%
Avg
23.2%
Low
21.0%