Free Trial

NetApp (NTAP) Stock Forecast & Price Target

NetApp logo
$118.45 +1.87 (+1.60%)
(As of 12/20/2024 05:31 PM ET)

NetApp - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
10
Buy
6

Based on 17 Wall Street analysts who have issued ratings for NetApp in the last 12 months, the stock has a consensus rating of "Hold." Out of the 17 analysts, 1 has given a sell rating, 10 have given a hold rating, and 6 have given a buy rating for NTAP.

Consensus Price Target

$139.20
17.52% Upside
According to the 17 analysts' twelve-month price targets for NetApp, the average price target is $139.20. The highest price target for NTAP is $160.00, while the lowest price target for NTAP is $120.00. The average price target represents a forecasted upside of 17.52% from the current price of $118.45.
Get the Latest News and Ratings for NTAP and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for NetApp and its competitors.

Sign Up

NTAP Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
10 Hold rating(s)
11 Hold rating(s)
10 Hold rating(s)
11 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$139.20$134.00$129.06$84.63
Forecasted Upside17.52% Upside9.53% Upside5.00% Upside-5.34% Downside
Consensus Rating
Hold
Hold
Hold
Hold

NTAP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

NTAP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

NetApp Stock vs. The Competition

TypeNetAppComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.29
2.69
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside17.52% Upside265.03% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent NTAP News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/17/2024Morgan Stanley
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$132.00 ➝ $146.00+17.13%
12/16/2024JPMorgan Chase & Co.
3 of 5 stars
 UpgradeNeutral ➝ Overweight$160.00+31.20%
11/22/2024Wedbush
4 of 5 stars
 Reiterated RatingNeutral$120.00-1.91%
11/22/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$130.00 ➝ $135.00+9.01%
11/22/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$140.00 ➝ $145.00+13.14%
11/22/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight ➝ Equal Weight$135.00 ➝ $140.00+2.56%
11/22/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight ➝ Equal Weight$119.00 ➝ $132.00+4.14%
11/22/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderperform ➝ Underperform$115.00 ➝ $121.00-4.54%
11/22/2024Northland Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform ➝ Market Perform$108.00 ➝ $120.00-5.33%
11/22/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$145.00 ➝ $160.00+26.23%
11/13/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageMarket Perform
9/3/2024Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Baruah
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Buy$121.00 ➝ $150.00+24.25%
8/29/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$121.00 ➝ $134.00+1.58%
8/26/2024Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingPositive ➝ Positive$155.00 ➝ $155.00+16.02%
8/12/2024Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetIn-Line ➝ In-Line$120.00 ➝ $130.00+5.53%
6/5/2024Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$130.00 ➝ $140.00+15.98%
1/16/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Market Perform
9/18/2023William Blair
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Ader
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeOutperform ➝ Market Perform
8/21/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$75.00 ➝ $80.00+6.23%
2/23/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:57 AM ET.


NTAP Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for NetApp is $139.20, with a high forecast of $160.00 and a low forecast of $120.00.

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NetApp in the last twelve months. There is currently 1 sell rating, 10 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NTAP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NTAP, but not buy additional shares or sell existing shares.

According to analysts, NetApp's stock has a predicted upside of 17.52% based on their 12-month stock forecasts.

Over the previous 90 days, NetApp's stock had 1 upgrade by analysts.

Analysts like NetApp less than other "computer and technology" companies. The consensus rating for NetApp is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how NTAP compares to other companies.


This page (NASDAQ:NTAP) was last updated on 12/22/2024 by MarketBeat.com Staff
From Our Partners