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

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for NTAP

Based on 15 analysts offering 12 month price targets for Netapp Inc

Min Forecast
$120.00-8.47%
Avg Forecast
$136.73+4.29%
Max Forecast
$160.00+22.03%

Should I buy or sell NTAP stock?

Based on 15 analysts offering ratings for Netapp Inc.

Buy
Strong Buy
4 analysts 26.67%
Buy
0 analysts 0%
Hold
10 analysts 66.67%
Sell
1 analysts 6.67%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model agrees with analyst consensus with a "Buy" rating. Learn More

Be the first to know when Wall Street analysts revise their NTAP stock forecasts and price targets.

NTAP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-22
lockedlocked$00.00+00.00%2024-11-22
lockedlocked$00.00+00.00%2024-11-22
lockedlocked$00.00+00.00%2024-11-22
lockedlocked$00.00+00.00%2024-11-22
Morgan Stanley
Top 6%
95
HoldMaintains$132.00+0.68%2024-11-22
Northland Securities
Top 14%
87
HoldMaintains$120.00-8.47%2024-11-22
Bank of America
Top 5%
96
SellMaintains$121.00-7.71%2024-11-22
Loop Capital
Top 14%
87
Strong BuyUpgrades$150.00+14.41%2024-09-03
JP Morgan
Top 5%
96
HoldMaintains$147.00+12.12%2024-08-29

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Forecast return on equity

Is NTAP forecast to generate an efficient return?

Company
161.6%
Industry
-114.32%
Market
70.65%
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
16.01%
Industry
10.57%
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 6 analysts?

Avg 1 year Forecast
$5.83+4.08%
Avg 2 year Forecast
$6.30+12.56%
Avg 3 year Forecast
$7.09+26.61%
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 8 analysts?

Avg 1 year Forecast
$6.6B+2.65%
Avg 2 year Forecast
$7.0B+7.53%
Avg 3 year Forecast
$7.3B+13.07%
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
7.62%
Industry
28%
Market
17.31%
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
4.12%
Industry
10.74%
Market
8.88%
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$131.11$136.73+4.29%Buy
SMCI$43.93$57.90+31.80%Hold
WDC$71.07$92.00+29.45%Strong Buy
PSTG$64.92$70.94+9.28%Buy
STX$98.51$123.86+25.73%Buy
View Top Computer Hardware Stocks

Netapp Stock Forecast FAQ

Is Netapp Stock a good buy in 2024, 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, 4 (26.67%) are recommending NTAP as a Strong Buy, 0 (0%) are recommending NTAP as a Buy, 10 (66.67%) 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 earnings growth forecast for 2025-2027?

(NASDAQ: NTAP) Netapp's forecast annual earnings growth rate of 7.62% is not forecast to beat the US Computer Hardware industry's average forecast earnings growth rate of 28%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Netapp's earnings in 2024 is $1,151,000,000.On average, 6 Wall Street analysts forecast NTAP's earnings for 2025 to be $1,184,930,831, with the lowest NTAP earnings forecast at $1,177,144,195, and the highest NTAP earnings forecast at $1,191,375,645. On average, 9 Wall Street analysts forecast NTAP's earnings for 2026 to be $1,281,501,382, with the lowest NTAP earnings forecast at $1,197,474,837, and the highest NTAP earnings forecast at $1,398,748,197.

In 2027, NTAP is forecast to generate $1,441,442,546 in earnings, with the lowest earnings forecast at $1,380,450,619 and the highest earnings forecast at $1,561,393,336.

What is NTAP's revenue growth forecast for 2025-2027?

(NASDAQ: NTAP) Netapp's forecast annual revenue growth rate of 4.12% is not forecast to beat the US Computer Hardware industry's average forecast revenue growth rate of 10.74%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Netapp's revenue in 2024 is $6,473,000,000.On average, 8 Wall Street analysts forecast NTAP's revenue for 2025 to be $1,350,820,740,726, with the lowest NTAP revenue forecast at $1,349,954,655,360, and the highest NTAP revenue forecast at $1,352,597,638,872. On average, 9 Wall Street analysts forecast NTAP's revenue for 2026 to be $1,415,093,626,997, with the lowest NTAP revenue forecast at $1,383,282,677,446, and the highest NTAP revenue forecast at $1,438,189,643,376.

In 2027, NTAP is forecast to generate $1,487,945,231,134 in revenue, with the lowest revenue forecast at $1,471,749,434,786 and the highest revenue forecast at $1,522,155,196,488.

What is NTAP's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: NTAP) forecast ROA is 16.01%, which is higher than the forecast US Computer Hardware industry average of 10.57%.

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 $136.73, with the highest NTAP stock price forecast at $160.00 and the lowest NTAP stock price forecast at $120.00.

On average, Wall Street analysts predict that Netapp's share price could reach $136.73 by Nov 22, 2025. The average Netapp stock price prediction forecasts a potential upside of 4.29% from the current NTAP share price of $131.11.

What is NTAP's Earnings Per Share (EPS) forecast for 2025-2027?

(NASDAQ: NTAP) Netapp's current Earnings Per Share (EPS) is $5.60. On average, analysts forecast that NTAP's EPS will be $5.83 for 2025, with the lowest EPS forecast at $5.79, and the highest EPS forecast at $5.86. On average, analysts forecast that NTAP's EPS will be $6.30 for 2026, with the lowest EPS forecast at $5.89, and the highest EPS forecast at $6.88. In 2027, NTAP's EPS is forecast to hit $7.09 (min: $6.79, max: $7.68).

What is NTAP's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: NTAP) forecast ROE is 161.6%, which is considered strong.
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