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

OverviewForecast
EarningsDividendOwnership

Analyst price target for NTAP

Based on 15 analysts offering 12 month price targets for Netapp Inc.
Min Forecast
$58.00-23.76%
Avg Forecast
$79.87+4.98%
Max Forecast
$100.00+31.44%

Should I buy or sell NTAP stock?

Based on 15 analysts offering ratings for Netapp Inc.
Buy
Strong Buy
3 analysts 20%
Buy
3 analysts 20%
Hold
8 analysts 53.33%
Sell
1 analysts 6.67%
Strong Sell
0 analysts 0%

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NTAP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Susquehanna
Top 22%
79
Strong BuyUpgrades$100.00+31.44%2023-09-05
Northland Securities
Bottom 31%
31
BuyMaintains$88.00+15.67%2023-08-24
TD Cowen
Top 7%
94
BuyMaintains$90.00+18.30%2023-08-24
Stifel Nicolaus
Top 17%
84
Strong BuyMaintains$85.00+11.72%2023-08-24
UBS
Top 19%
82
HoldMaintains$84.00+10.41%2023-08-24
Wedbush
Top 7%
94
HoldReiterates$75.00-1.42%2023-08-24
Raymond James
Bottom 8%
8
BuyMaintains$80.00+5.15%2023-08-24
Citigroup
Top 10%
91
HoldMaintains$83.00+9.10%2023-08-24
Deutsche Bank
Top 1%
100
Strong BuyMaintains$80.00+5.15%2023-08-21
Morgan Stanley
Top 6%
95
HoldUpgrades$74.00-2.73%2023-07-26

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Forecast return on equity

Is NTAP forecast to generate an efficient return?
Company
145.17%
Industry
-87.73%
Market
58.41%
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
13.67%
Industry
11.29%
NTAP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NTAP earnings growth forecast

How is NTAP forecast to perform vs Computer Hardware companies and vs the US market?
Company
-7.07%
Industry
40.67%
Market
22.04%
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
13.51%
Industry
14.52%
Market
7.96%
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$76.08$79.87+4.98%Buy
WDC$45.65$46.08+0.95%Buy
STX$65.63$60.64-7.61%Buy
SMCI$243.07$332.83+36.93%Buy
LOGI$71.80$74.60+3.90%Hold
View Top Computer Hardware Stocks

Netapp Stock Forecast FAQ

Is Netapp Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: NTAP) stock is to Buy NTAP stock.

Out of 15 analysts, 3 (20%) are recommending NTAP as a Strong Buy, 3 (20%) are recommending NTAP as a Buy, 8 (53.33%) are recommending NTAP as a Hold, 1 (6.67%) are recommending NTAP as a Sell, and 0 (0%) 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 forecast return on equity (ROE) for 2024-2025?

(NASDAQ: NTAP) forecast ROE is 145.17%, which is considered strong.

What is NTAP's Price Target?

According to 15 Wall Street analysts that have issued a 1 year NTAP price target, the average NTAP price target is $79.87, with the highest NTAP stock price forecast at $100.00 and the lowest NTAP stock price forecast at $58.00.

On average, Wall Street analysts predict that Netapp's share price could reach $79.87 by Sep 5, 2024. The average Netapp stock price prediction forecasts a potential upside of 4.98% from the current NTAP share price of $76.08.

What is NTAP's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: NTAP) forecast ROA is 13.67%, which is higher than the forecast US Computer Hardware industry average of 11.29%.
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