NetApp Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for NetApp stock have an average target of 167.29, with a low estimate of 115 and a high estimate of 200. The average target predicts an increase of 9.73% from the current stock price of 152.45.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$115	$167.29	$180	$200
Change	-24.57%	+9.73%	+18.07%	+31.19%

Analyst Ratings

The average analyst rating for NetApp stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	6	6	6	6	5	6
Buy	3	3	3	2	2	2
Hold	11	11	11	11	11	11
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	21	21	21	20	19	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Long Barclays	Barclays	Buy Maintains $199	Buy	Maintains	$199	+30.53%	Jun 24, 2026
Wamsi Mohan Bank of America Securities	Bank of America Securities	Hold Reiterates $150 → $180	Hold	Reiterates	$150 → $180	+18.07%	Jun 8, 2026
Samik Chatterjee J.P. Morgan	J.P. Morgan	Hold Maintains $150	Hold	Maintains	$150	-1.61%	Jun 3, 2026
Katherine Murphy Goldman Sachs	Goldman Sachs	Buy Maintains $127 → $200	Buy	Maintains	$127 → $200	+31.19%	Jun 2, 2026
Asiya Merchant Citi	Citi	Hold Reiterates $114 → $150	Hold	Reiterates	$114 → $150	-1.61%	Jun 1, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

7.48B

from 6.93B

7.97%

from 6.93B

Revenue Next Year

7.89B

from 7.48B

5.51%

from 7.48B

EPS This Year

8.90

from 8.13

9.46%

from 8.13

EPS Next Year

9.86

from 8.90

10.79%

from 8.90

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Apr 29, 2022	Apr 28, 2023	Apr 26, 2024	Apr 25, 2025	Apr 24, 2026	Apr 30, 2027	Apr 30, 2028
Revenue	6.32B	6.36B	6.27B	6.57B	6.93B	7.48B	7.89B
Revenue Growth	9.99%	0.70%	-1.48%	4.85%	5.37%	7.97%	5.51%
EPS	4.09	5.79	4.63	5.67	6.35	7.14	8.03
EPS Growth	26.63%	41.57%	-20.04%	22.46%	11.99%	12.44%	12.41%
Forward PE	-	-	-	-	-	21.35	18.99
No. Analysts	-	-	-	-	-	17	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2027	2028
High	7.6B	8.2B
Avg	7.5B	7.9B
Low	7.5B	7.6B

Revenue Growth

Revenue Growth	2027	2028
High	9.1%	10.3%
Avg	8.0%	5.5%
Low	7.6%	1.7%

EPS Forecast

EPS	2027	2028
High	9.30	11.07
Avg	8.90	9.86
Low	8.83	9.03

EPS Growth

EPS Growth	2027	2028
High	14.4%	24.4%
Avg	9.5%	10.8%
Low	8.6%	1.5%

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.