NetApp, Inc. (NTAP)
NASDAQ: NTAP · Real-Time Price · USD
108.28
-0.16 (-0.15%)
At close: Apr 28, 2026, 4:00 PM EDT
108.41
+0.13 (0.12%)
After-hours: Apr 28, 2026, 5:15 PM EDT
NetApp Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for NetApp stock have an average target of 116.58, with a low estimate of 89 and a high estimate of 137. The average target predicts an increase of 7.67% from the current stock price of 108.28.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for NetApp stock from 13 stock analysts 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 | +1.59% | Apr 16, 2026 |
| Citigroup | Citigroup | Hold Maintains $110 → $114 | Hold | Maintains | $110 → $114 | +5.28% | Mar 2, 2026 |
| Wedbush | Wedbush | Hold Reiterates $115 | Hold | Reiterates | $115 | +6.21% | Feb 25, 2026 |
| Citigroup | Citigroup | Hold Maintains $125 → $110 | Hold | Maintains | $125 → $110 | +1.59% | Feb 17, 2026 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $117 → $89 | Hold → Sell | Downgrades | $117 → $89 | -17.81% | 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%
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.