NetApp (NTAP)
NASDAQ:NTAP

NetApp (NTAP) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

NTAP Analyst Ratings

Moderate Buy
17Ratings
9 Buy
8 Hold
0 Sell
Based on 17 analysts giving stock ratings to
NetApp
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

NTAP Stock 12 Months Forecast

Average Price Target

$80.00
▲(20.57% Upside)
Based on 17 Wall Street analysts offering 12 month price targets for NetApp in the last 3 months. The average price target is $80.00 with a high forecast of $110.00 and a low forecast of $65.00. The average price target represents a 20.57% change from the last price of $66.35.
Highest Price Target$110.00Average Price Target$80.00Lowest Price Target$65.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Raymond James
$80.00
Buy
20.57%
Upside
Reiterated
These Analysts Slash Price Targets On NetApp Following Q2 ResultsRaymond James cut the price target on the stock from $105 to $80. Raymond James analyst Simon Leopold maintained the stock with an Outperform.
Citigroup
$110.00
Buy
65.79%
Upside
Reiterated
These Analysts Slash Price Targets On NetApp Following Q2 ResultsCitigroup slashed NetApp price target from $120 to $110. Citigroup analyst Jim Suva maintained a Buy rating on the stock.
Evercore ISI
$70.00
Hold
5.50%
Upside
Reiterated
NetApp (NTAP) PT Lowered to $70 at Evercore ISIEvercore ISI analyst Amit Daryanani lowered the price target on NetApp (NASDAQ: NTAP) to $70.00 (from $75.00) while maintaining a In Line rating.
Credit Suisse
$83.00
Buy
25.09%
Upside
Reiterated
NetApp (NTAP) PT Lowered to $83 at Credit SuisseCredit Suisse analyst Shannon Cross lowered the price target on NetApp (NASDAQ: NTAP) to $83.00 (from $87.00) while maintaining a Outperform rating.
UBS
$78.00
Hold
17.56%
Upside
Reiterated
These Analysts Slash Price Targets On NetApp Following Q2 ResultsUBS cutthe price target from$80to$78.UBS analyst David Vogt maintained the stock with a Neutral.
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NTAP Financial Forecast

NTAP Earnings Forecast
Next quarter’s earnings estimate for NTAP is $1.32 with a range of $1.29 to $1.45. The previous quarter’s EPS was $1.48. NTAP beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.82% of the time in the same period. In the last calendar year NTAP has Outperformed its overall industry.
Next quarter’s earnings estimate for NTAP is $1.32 with a range of $1.29 to $1.45. The previous quarter’s EPS was $1.48. NTAP beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.82% of the time in the same period. In the last calendar year NTAP has Outperformed its overall industry.
NTAP Sales Forecast
Next quarter’s sales forecast for NTAP is $1.62B with a range of $1.59B to $1.78B. The previous quarter’s sales results were $1.66B. NTAP beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 67.26% of the time in the same period. In the last calendar year NTAP has Outperformed its overall industry.
Next quarter’s sales forecast for NTAP is $1.62B with a range of $1.59B to $1.78B. The previous quarter’s sales results were $1.66B. NTAP beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 67.26% of the time in the same period. In the last calendar year NTAP has Outperformed its overall industry.
NTAP Analyst Recommendation Trends
In the current month, NTAP has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The NTAP average analyst price target in the past 3 months is $80.00
In the current month, NTAP has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The NTAP average analyst price target in the past 3 months is $80.00

NTAP Stock Forecast FAQ

What is NTAP’s average 12-month price target, according to analysts?
Based on analyst ratings, NetApp’s 12-month average price target is $80.00.
    What is NTAP’s upside potential, based on the analysts’ average price target?
    NetApp has 20.57% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is NTAP a Buy, Sell or Hold?
          NetApp has a conensus rating of Moderate Buy which is based on 9 buy ratings, 8 hold ratings and 0 sell ratings.
            What is NetApp’s price target?
            The average price target for NetApp is $80.00. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $110.00 ,the lowest forecast is $65.00. The average price target represents 20.57% Increase from the current price of $66.35.
              What do analysts say about NetApp?
              NetApp’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.

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