NetApp, Inc.NTAPNASDAQ

Overview Charts News Fundamentals Key Metrics TTM Financials Earnings Growth Rating Analysts Institutional Peers Historical

Analyst Sentiment

Analysts are neutral — opinion is divided on direction.

Consensus Rating

Hold

19 analysts·Moderate coverage

53%

Rating Distribution

Strong Buy

00%

Buy

1053%

Hold

842%

Sell

15%

Strong Sell

00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Analysts see moderate upside — consensus target 18% higher.

Bear Case

$89.00

-13%

Consensus

$120.50

+18%

Bull Case

$137.00

+34%

Price Range19 analysts

Low

Consensus

High

$89.00

$137.00

Current Target

Current Price

$102.42

Upside to Target

$18.08

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

2026E$7.91(13 analysts)

P/E17x

Current: 17.3x

Actual

Estimate

Range (Low–High)

Stock Alarm Pro

Forward Growth Estimates (YoY)

FY2027

Rev+4.78%

EPS+8.00%

FY2028

Rev+5.38%

EPS+7.33%

Earnings Surprises

Beat rate:92%(11/12 quarters)

Avg surprise:+6.5%

Beat

Miss

Inline

Estimate

Based on reported EPS vs consensus estimate.

Recent Analyst Actions

Jan 20, 2026Morgan Stanley

NetApp downgraded to Underweight from Equal Weight at Morgan Stanley

Target:$89.00

-14.3%from $103.81

Jan 13, 2026Goldman Sachs

NetApp initiated with a Buy at Goldman Sachs

Target:$128.00

+19.6%from $107.03

Nov 26, 2025UBS

NetApp price target raised to $120 from $114 at UBS

Target:$120.00

+7.6%from $111.48

Nov 26, 2025Northland Securities

NetApp upgraded to Outperform from Market Perform at Northland

Target:$137.00

+22.9%from $111.48

Nov 26, 2025Wells Fargo

NetApp price target raised to $115 from $100 at Wells Fargo

Target:$115.00

+3.2%from $111.48

Nov 26, 2025Barclays

NetApp price target raised to $134 from $125 at Barclays

Target:$134.00

+19.2%from $112.38

Aug 28, 2025Northland Securities

NetApp price target raised to $120 from $119 at Northland

Target:$120.00

+2.4%from $117.22

Aug 28, 2025Morgan Stanley

NetApp price target raised to $117 from $115 at Morgan Stanley

Target:$117.00

+1.6%from $115.12

Aug 28, 2025UBS

NetApp price target raised to $114 from $108 at UBS

Target:$114.00

-2.7%from $117.22

May 20, 2025Morgan Stanley

NetApp price target raised to $106 from $84 at Morgan Stanley

Target:$106.00

+4.9%from $101.06

Mar 4, 2025Loop Capital Markets

NetApp price target lowered to $130 from $150 at Loop Capital

Target:$130.00

+38.9%from $93.56

Sep 3, 2024Wells Fargo

This Bank of America Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

Target:$65.00

-46.7%from $121.86

Sep 3, 2024Loop Capital Markets

Loop Capital Upgrades NetApp (NTAP) to Buy

Target:$150.00

+25.5%from $119.48

Aug 29, 2024J.P. Morgan

NetApp Analysts Boost Their Forecasts After Upbeat Earnings

Target:$147.00

+23.3%from $119.20

Aug 29, 2024Stifel Nicolaus

NetApp Analysts Boost Their Forecasts After Upbeat Earnings

Target:$140.00

+17.4%from $119.20

Aug 29, 2024Barclays

NetApp Analysts Boost Their Forecasts After Upbeat Earnings

Target:$119.00

-0.2%from $119.20

Aug 28, 2024Morgan Stanley

NetApp Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Target:$127.00

-3.7%from $131.91

Aug 15, 2024Citigroup

NetApp (NTAP) PT Raised to $130 at Citi

Target:$130.00

+2.3%from $127.11

Jun 12, 2024Stifel Nicolaus

NetApp (NTAP) PT Raised to $138 at Stifel

Target:$138.00

+10.0%from $125.47

Jun 12, 2024Susquehanna

NetApp (NTAP) PT Raised to $155 at Susquehanna

Target:$155.00

+23.5%from $125.47

Jun 12, 2024Wells Fargo

NetApp price target raised to $135 from $120 at Wells Fargo

Target:$135.00

+7.6%from $125.47

Jun 5, 2024Argus Research

NetApp (NTAP) PT Raised to $140 at Argus

Target:$140.00

+15.2%from $121.51

Jun 3, 2024Wedbush

This Analyst With 85% Accuracy Rate Sees Over 29% Upside In MongoDB - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

Target:$120.00

+2.8%from $116.71

May 31, 2024Stifel Nicolaus

NetApp price target raised to $130 from $120 at Stifel

Target:$130.00

+11.6%from $116.50

May 31, 2024Evercore ISI

NetApp (NTAP) PT Raised to $120 at Evercore ISI

Target:$120.00

+3.0%from $116.50

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