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NetApp Inc
NASDAQ:NTAP

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NetApp Inc
NASDAQ:NTAP
Watchlist
Price: 125.99 USD 0.34% Market Closed
Updated: Jul 27, 2024
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Wall Street
Price Targets

NTAP Price Targets Summary
NetApp Inc

Wall Street analysts forecast NTAP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NTAP is 129.92 USD with a low forecast of 106.05 USD and a high forecast of 162.75 USD.

Lowest
Price Target
106.05 USD
16% Downside
Average
Price Target
129.92 USD
3% Upside
Highest
Price Target
162.75 USD
29% Upside

NTAP Last Price Targets
NetApp Inc

The latest public price target was made on Jun 12, 2024 by Aaron Rakers from Wells Fargo , who expects NTAP stock to rise by 7% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Aaron Rakers
Wells Fargo
135 USD
Upside 7%
1 month ago
Jun 12, 2024
NetApp price target raised to $135 from $120 at Wells Fargo
TheFly
Mehdi Hosseini
Susquehanna
155 USD
Upside 23%
1 month ago
Jun 12, 2024
NetApp (NTAP) PT Raised to $155 at Susquehanna
StreetInsider
Matthew Sheerin
Stifel Nicolaus
138 USD
Upside 10%
1 month ago
Jun 12, 2024
NetApp (NTAP) PT Raised to $138 at Stifel
StreetInsider
Jim Kelleher
Argus Research
140 USD
Upside 11%
1 month ago
Jun 5, 2024
NetApp (NTAP) PT Raised to $140 at Argus
StreetInsider
Matt Bryson
Wedbush
120 USD
Downside 5%
1 month ago
Jun 3, 2024
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
Benzinga
Amit Daryanani
Evercore ISI
120 USD
Downside 5%
1 month ago
May 31, 2024
NetApp (NTAP) PT Raised to $120 at Evercore ISI
StreetInsider
Matthew Sheerin
Stifel Nicolaus
130 USD
Upside 3%
1 month ago
May 31, 2024
NetApp price target raised to $130 from $120 at Stifel
TheFly
Mehdi Hosseini
Susquehanna
130 USD
Upside 3%
2 months ago
May 22, 2024
NetApp (NTAP) PT Raised to $130 at Susquehanna
StreetInsider
Tim Long
Barclays
87.2 USD
Downside 31%
7 months ago
Nov 29, 2023
Micron To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Wednesday
Benzinga
David Vogt
UBS
84 USD
Downside 33%
8 months ago
Nov 27, 2023
NetApp Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Matt Bryson
Wedbush
75 USD
Downside 40%
8 months ago
Nov 27, 2023
NetApp Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Tim Long
Barclays
71 USD
Downside 44%
1 year ago
May 31, 2023
NetApp Likely To Report Lower Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Benzinga
Matthew Sheerin
Stifel Nicolaus
75 USD
Downside 40%
1 year ago
Apr 10, 2023
Stifel Upgrades NetApp (NTAP) to Buy, 'Meetings Highlight Potential Positive Catalysts in FY24'
StreetInsider
David Vogt
UBS
74 USD
Downside 41%
1 year ago
Mar 14, 2023
Wall Street's Most Accurate Analysts Say Hold These 3 Tech Stocks With Over 3% Dividend Yields
Benzinga
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Aaron Rakers
Wells Fargo
Price Target 135 USD
Upside/Downside 7%
View Source
Mehdi Hosseini
Susquehanna
Price Target 155 USD
Upside/Downside 23%
View Source
Matthew Sheerin
Stifel Nicolaus
Price Target 138 USD
Upside/Downside 10%
View Source
Jim Kelleher
Argus Research
Price Target 140 USD
Upside/Downside 11%
View Source
Matt Bryson
Wedbush
Price Target 120 USD
Upside/Downside 5%
View Source
Amit Daryanani
Evercore ISI
Price Target 120 USD
Upside/Downside 5%
View Source
Matthew Sheerin
Stifel Nicolaus
Price Target 130 USD
Upside/Downside 3%
View Source
Mehdi Hosseini
Susquehanna
Price Target 130 USD
Upside/Downside 3%
View Source
Tim Long
Barclays
Price Target 87.2 USD
Upside/Downside 31%
View Source
David Vogt
UBS
Price Target 84 USD
Upside/Downside 33%
View Source
Matt Bryson
Wedbush
Price Target 75 USD
Upside/Downside 40%
View Source
Tim Long
Barclays
Price Target 71 USD
Upside/Downside 44%
View Source
Matthew Sheerin
Stifel Nicolaus
Price Target 75 USD
Upside/Downside 40%
View Source
David Vogt
UBS
Price Target 74 USD
Upside/Downside 41%
View Source
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NetApp Inc Competitors:
Price Targets
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38% Upside
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Pure Storage Inc
24% Upside
3005
Getac Holdings Corp
14% Upside
2385
Chicony Electronics Co Ltd
67% Upside
2395
Advantech Co Ltd
9% Upside
6810
Maxell Ltd
9% Upside
2352
Qisda Corp
14% Upside
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Xiaomi Corp
39% Upside

Revenue
Forecast

Revenue Estimate
NetApp Inc

For the last 8 years the compound annual growth rate for NetApp Inc's revenue is 2%. The projected CAGR for the next 3 years is 5%.

2%
Past Growth
5%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
NetApp Inc

For the last 8 years the compound annual growth rate for NetApp Inc's operating income is 15%. The projected CAGR for the next 3 years is 17%.

15%
Past Growth
17%
Estimated Growth
Estimates Accuracy
-21%
Average Miss

Net Income
Forecast

Net Income Estimate
NetApp Inc

For the last 8 years the compound annual growth rate for NetApp Inc's net income is 20%. The projected CAGR for the next 3 years is 19%.

20%
Past Growth
19%
Estimated Growth
Estimates Accuracy
-13%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is NTAP's stock price target?
Price Target
129.92 USD

According to Wall Street analysts, the average 1-year price target for NTAP is 129.92 USD with a low forecast of 106.05 USD and a high forecast of 162.75 USD.

What is NetApp Inc's Revenue forecast?
Projected CAGR
5%

For the last 8 years the compound annual growth rate for NetApp Inc's revenue is 2%. The projected CAGR for the next 3 years is 5%.

What is NetApp Inc's Operating Income forecast?
Projected CAGR
17%

For the last 8 years the compound annual growth rate for NetApp Inc's operating income is 15%. The projected CAGR for the next 3 years is 17%.

What is NetApp Inc's Net Income forecast?
Projected CAGR
19%

For the last 8 years the compound annual growth rate for NetApp Inc's net income is 20%. The projected CAGR for the next 3 years is 19%.