NetApp, Inc. (NTAP) Stock Forecast
Data as of Oct 31, 2026Technology · Current price $197.56 (-9.63%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Jan 20, 2026 | Erik Woodring | Morgan Stanley | $89.00 | -55.0% |
| Jan 13, 2026 | Katherine Murphy | Goldman Sachs | $128.00 | -35.2% |
| Nov 26, 2025 | David Vogt | UBS | $120.00 | -39.3% |
| Aug 28, 2025 | Erik Woodring | Morgan Stanley | $117.00 | -40.8% |
| May 20, 2025 | Meta Marshall | Morgan Stanley | $106.00 | -46.3% |
| Sep 3, 2024 | Matt O’Connor | Wells Fargo | $65.00 | -67.1% |
| Sep 3, 2024 | Ananda Baruah | Loop Capital Markets | $150.00 | -24.1% |
| Aug 29, 2024 | Samik Chatterjee | J.P. Morgan | $147.00 | -25.6% |
| Aug 29, 2024 | Matthew Sheerin | Stifel Nicolaus | $140.00 | -29.1% |
| Aug 29, 2024 | Tim Long | Barclays | $119.00 | -39.8% |
| Aug 28, 2024 | Meta Marshall | Morgan Stanley | $127.00 | -35.7% |
| Aug 15, 2024 | Asiya Merchant | Citigroup | $130.00 | -34.2% |
| Jun 12, 2024 | Matthew Sheerin | Stifel Nicolaus | $138.00 | -30.1% |
| Jun 12, 2024 | Mehdi Hosseini | Susquehanna | $155.00 | -21.5% |
| Jun 12, 2024 | Aaron Rakers | Wells Fargo | $135.00 | -31.7% |
| Jun 5, 2024 | Jim Kelleher | Argus Research | $140.00 | -29.1% |
| Jun 3, 2024 | Matt Bryson | Wedbush | $120.00 | -39.3% |
| May 31, 2024 | Matthew Sheerin | Stifel Nicolaus | $130.00 | -34.2% |
| May 31, 2024 | Amit Daryanani | Evercore ISI | $120.00 | -39.3% |
| May 22, 2024 | Mehdi Hosseini | Susquehanna | $130.00 | -34.2% |
Top Analysts Covering NTAP
NTAP vs Sector & Market
| Metric | NTAP | Technology Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.72 | 2.39 | 2.41 |
| Analyst Count | 29 | 14 | 19 |
| Target Upside | +11.0% | +3582.5% | +21.5% |
| P/E Ratio | 31.06 | 40.46 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2027-01-23 | $1.75B | $1.81B | $1.92B | 5 |
| 2027-04-23 | $1.86B | $1.92B | $2.04B | 8 |
| 2027-04-30 | $7.01B | $7.19B | $7.85B | 14 |
| 2027-07-23 | $1.69B | $1.74B | $1.85B | 5 |
| 2027-10-23 | $1.79B | $1.85B | $1.96B | 5 |
| 2028-01-23 | $1.84B | $1.91B | $2.03B | 5 |
| 2028-04-23 | $2.00B | $2.07B | $2.20B | 8 |
| 2028-04-30 | $7.60B | $7.60B | $7.61B | 12 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2027-01-23 | $2.12 | $2.21 | $2.39 | 10 |
| 2027-04-23 | $2.27 | $2.37 | $2.57 | 10 |
| 2027-04-30 | $7.95 | $8.54 | $8.94 | 12 |
| 2027-07-23 | $1.86 | $1.94 | $2.10 | 10 |
| 2027-10-23 | $2.12 | $2.21 | $2.40 | 10 |
| 2028-01-23 | $2.30 | $2.40 | $2.60 | 6 |
| 2028-04-23 | $2.56 | $2.68 | $2.90 | 6 |
| 2028-04-30 | $9.06 | $9.41 | $9.77 | 5 |
Frequently Asked Questions
What is the analyst consensus for NTAP?
The consensus among 29 analysts covering NetApp, Inc. (NTAP) is Hold with an average price target of $197.00.
What is the highest price target for NTAP?
The highest price target for NTAP is $155.00, set by Mehdi Hosseini at Susquehanna on 2024-06-12.
What is the lowest price target for NTAP?
The lowest price target for NTAP is $58.00, set by Meta Marshall at Morgan Stanley on 2022-12-13.
How many analysts cover NTAP?
29 analysts have issued ratings for NetApp, Inc. in the past 12 months.
Is NTAP a buy or sell right now?
Based on 29 analyst ratings, NTAP has a consensus rating of Hold (2.72/5) with a +11.0% upside to the consensus target of $197.00.
What are the earnings estimates for NTAP?
Analysts estimate NTAP will report EPS of $2.21 for the period ending 2027-01-23, with revenue estimated at $1.81B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.