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NASDAQ: NTAP
Netapp Inc Stock Forecast, Predictions & Price Target

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Analyst price target for NTAP

Based on 17 analysts offering 12 month price targets for Netapp Inc.
Min Forecast
$68.00+7.14%
Avg Forecast
$91.94+44.86%
Max Forecast
$124.00+95.37%

Should I buy or sell NTAP stock?

Based on 17 analysts offering ratings for Netapp Inc.
Buy
Strong Buy
5 analysts 29.41%
Buy
4 analysts 23.53%
Hold
7 analysts 41.18%
Sell
0 analysts 0%
Strong Sell
1 analysts 5.88%

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NTAP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Susquehanna
Bottom 20%
20
HoldDowngrades$75.00+18.17%2022-09-19
JP Morgan
Top 10%
91
Strong BuyMaintains$90.00+41.80%2022-08-29
Barclays
Top 24%
77
Strong BuyMaintains$95.00+49.68%2022-08-25
Raymond James
Bottom 3%
3
BuyMaintains$105.00+65.43%2022-08-25
Goldman Sachs
Bottom 3%
3
Strong SellMaintains$68.00+7.14%2022-08-25
Credit Suisse
Bottom 7%
7
BuyInitiates Coverage On$87.00+37.07%2022-08-17
UBS
Bottom 32%
32
HoldMaintains$78.00+22.89%2022-07-29
Evercore ISI Group
Top 10%
91
HoldMaintains$71.00+11.86%2022-06-28
Deutsche Bank
Top 2%
99
Strong BuyUpgrades$84.00+32.35%2022-06-14
Anonymous
Morgan Stanley
HoldMaintains$88.00+38.65%2022-06-02

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Forecast return on equity

Is NTAP forecast to generate an efficient return?
Company
200.82%
Industry
346.66%
Market
118.57%
NTAP's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NTAP forecast to generate an efficient return on assets?
Company
13.82%
Industry
11.5%
NTAP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NTAP earnings per share forecast

What is NTAP's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$4.46+4.69%
Avg 2 year Forecast
$5.04+18.31%
Avg 3 year Forecast
$6.07+42.49%
NTAP's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NTAP revenue forecast

What is NTAP's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$6.7B+4.44%
Avg 2 year Forecast
$7.2B+11.04%
Avg 3 year Forecast
$8.0B+23.85%
NTAP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NTAP earnings growth forecast

How is NTAP forecast to perform vs Computer Hardware companies and vs the US market?
Company
11.23%
Industry
4.28%
Market
16.42%
NTAP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NTAP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NTAP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NTAP revenue growth forecast

How is NTAP forecast to perform vs Computer Hardware companies and vs the US market?
Company
6.82%
Industry
5.6%
Market
8.46%
NTAP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NTAP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NTAP vs Computer Hardware Stocks

TickerPricePrice TargetUp/downsideConsensus
NTAP$63.47$91.94+44.86%Buy
STX$57.78$78.94+36.63%Hold
WDC$33.84$51.54+52.30%Buy
PSTG$26.26$37.44+42.57%Buy
LOGI$46.09$79.40+72.27%Buy

Netapp Stock Forecast FAQ

Is Netapp Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NASDAQ: NTAP) stock is to Buy NTAP stock.

Out of 17 analysts, 5 (29.41%) are recommending NTAP as a Strong Buy, 4 (23.53%) are recommending NTAP as a Buy, 7 (41.18%) are recommending NTAP as a Hold, 0 (0%) are recommending NTAP as a Sell, and 1 (5.88%) are recommending NTAP as a Strong Sell.

If you're new to stock investing, here's how to buy Netapp stock.

What is NTAP's earnings growth forecast for 2023-2025?

(NASDAQ: NTAP) Netapp's forecast annual earnings growth rate of 11.23% is forecast to beat the US Computer Hardware industry's average forecast earnings growth rate of 4.28%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.42%.

Netapp's earnings in 2022 is $949,000,000.On average, 7 Wall Street analysts forecast NTAP's earnings for 2023 to be $969,451,044, with the lowest NTAP earnings forecast at $949,888,131, and the highest NTAP earnings forecast at $991,187,615. On average, 9 Wall Street analysts forecast NTAP's earnings for 2024 to be $1,095,523,153, with the lowest NTAP earnings forecast at $989,013,958, and the highest NTAP earnings forecast at $1,195,511,378.

In 2025, NTAP is forecast to generate $1,319,409,829 in earnings, with the lowest earnings forecast at $1,302,020,573 and the highest earnings forecast at $1,334,625,429.

What is NTAP's revenue growth forecast for 2023-2025?

(NASDAQ: NTAP) Netapp's forecast annual revenue growth rate of 6.82% is forecast to beat the US Computer Hardware industry's average forecast revenue growth rate of 5.6%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.46%.

Netapp's revenue in 2022 is $6,452,000,000.On average, 10 Wall Street analysts forecast NTAP's revenue for 2023 to be $1,464,723,367,822, with the lowest NTAP revenue forecast at $1,414,398,642,435, and the highest NTAP revenue forecast at $1,483,520,936,625. On average, 9 Wall Street analysts forecast NTAP's revenue for 2024 to be $1,557,215,083,688, with the lowest NTAP revenue forecast at $1,416,137,568,075, and the highest NTAP revenue forecast at $1,615,811,878,345.

In 2025, NTAP is forecast to generate $1,736,865,013,117 in revenue, with the lowest revenue forecast at $1,713,659,050,451 and the highest revenue forecast at $1,762,618,501,845.

What is NTAP's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: NTAP) forecast ROA is 13.82%, which is higher than the forecast US Computer Hardware industry average of 11.5%.

What is NTAP's Price Target?

According to 17 Wall Street analysts that have issued a 1 year NTAP price target, the average NTAP price target is $91.94, with the highest NTAP stock price forecast at $124.00 and the lowest NTAP stock price forecast at $68.00.

On average, Wall Street analysts predict that Netapp's share price could reach $91.94 by Sep 19, 2023. The average Netapp stock price prediction forecasts a potential upside of 44.86% from the current NTAP share price of $63.47.

What is NTAP's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: NTAP) Netapp's current Earnings Per Share (EPS) is $4.26. On average, analysts forecast that NTAP's EPS will be $4.46 for 2023, with the lowest EPS forecast at $4.37, and the highest EPS forecast at $4.56. On average, analysts forecast that NTAP's EPS will be $5.04 for 2024, with the lowest EPS forecast at $4.55, and the highest EPS forecast at $5.50. In 2025, NTAP's EPS is forecast to hit $6.07 (min: $5.99, max: $6.14).

What is NTAP's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: NTAP) forecast ROE is 200.82%, which is considered strong.
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