NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
111.02
-0.78 (-0.70%)
Apr 22, 2026, 4:00 PM EDT - Market closed
NetApp Stock Forecast
Stock Price Forecast
The 12 analysts that cover NetApp stock have a consensus rating of "Hold" and an average price target of $116.58, which forecasts a 5.01% increase in the stock price over the next year. The lowest target is $89 and the highest is $137.
Price Target: $116.58 (+5.01%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for NetApp stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 9 | 9 | 8 | 8 | 8 | 9 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Hold Downgrades $125 → $110 | Buy → Hold | Downgrades | $125 → $110 | -0.92% | Apr 16, 2026 |
| Citigroup | Citigroup | Hold Maintains $110 → $114 | Hold | Maintains | $110 → $114 | +2.68% | Mar 2, 2026 |
| Wedbush | Wedbush | Hold Reiterates $115 | Hold | Reiterates | $115 | +3.58% | Feb 25, 2026 |
| Citigroup | Citigroup | Hold Maintains $125 → $110 | Hold | Maintains | $125 → $110 | -0.92% | Feb 17, 2026 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $117 → $89 | Hold → Sell | Downgrades | $117 → $89 | -19.83% | Jan 20, 2026 |
Financial Forecast
Revenue This Year
6.98B
from 6.57B
Increased by 6.22%
Revenue Next Year
7.32B
from 6.98B
Increased by 4.91%
EPS This Year
8.14
from 5.67
Increased by 43.51%
EPS Next Year
8.70
from 8.14
Increased by 6.94%
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% | 4.9% | |
| Low | 1.2% | -3.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 8.40 | 9.48 | |
| Avg | 8.14 | 8.70 | |
| Low | 7.78 | 7.38 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 48.1% | 16.5% | |
| Avg | 43.5% | 6.9% | |
| Low | 37.2% | -9.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.