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NetApp (NTAP): analyst forecast and price target

$204 −5.08% close 16.10.26 · market cap $42.2B · Technology · Computer Hardware SPY 0.07%
Price targets and ratings of

Analyst consensus

Moderate Buy

6 Buy11 Hold0 Sell

Ratings of 17 analysts in the last 3 months

12-month forecast

$214+4.8% upside

Based on 17 price targets given in the last 3 months, the average target is $214, the highest $300, the lowest $170. The average is +4.8% from the last price of $204.

$100$200$300Jan 26AprJulOctJan 27AprJulOctHigh$300Average$214Low$170
Highest target $300 Average target $214 Lowest target $170
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Tim Long★★★★★★★★★★#210 · hits 62% · avg +20.6% Barclays $219 Hold +7.5% Downgrade 14.10.26on TipRanks 04:50 −6.0%next day −3.7%
Amit Daryanani★★★★★★★★★★#21 · hits 70% · avg +37.0% Evercore ISI $210 → $300+42.9% Buy +47.2% Upgrade 07.10.26on TipRanks 06:11 +3.4%next day −1.6% · 5 days −4.6%
Katherine Murphy★★★★★★★★★★#786 · hits 59% · avg +55.9% Goldman Sachs $210 → $240+14.3% Buy +17.8% Reiterated 06.10.26on TipRanks 17:30 +3.4%next day −1.6% · 5 days −4.6%
Krish Sankar★★★★★★★★★★#13 · hits 69% · avg +56.0% TD Cowen $200 → $250+25.0% Buy +22.7% Reiterated 06.10.26on TipRanks 09:45 +1.5%next day +3.4% · 5 days +5.0%
Ananda Baruah★★★★★★★★★★#290 · hits 55% · avg +21.5% Loop Capital Markets $215 → $260+20.9% Buy +27.6% Reiterated 02.10.26on TipRanks 14:35 +4.5%next day −1.8% · 5 days +3.9%
Steven Wahrhaftig★★★★★★★★★★#11208 · hits 25% · avg −12.8% Wedbush $170 Hold −16.6% Reiterated 01.10.26on TipRanks 08:50 +2.2%next day +4.5% · 5 days +6.1%
Tim Long★★★★★★★★★★#210 · hits 62% · avg +20.6% Barclays $219 Buy +7.5% Reiterated 01.10.26on TipRanks 05:15 +2.2%next day +4.5% · 5 days +6.1%
Jason Ader★★★★★★★★★★#2927 · hits 50% · avg +5.0% William Blair — Hold — Reiterated 30.09.26on TipRanks 09:06 +0.6%next day +2.2% · 5 days +10.3%
Param Singh★★★★★★★★★★#3533 · hits 53% · avg +7.8% Oppenheimer — Hold — Reiterated 30.09.26on TipRanks 07:50 +0.6%next day +2.2% · 5 days +10.3%
Asiya Merchant★★★★★★★★★★#10 · hits 77% · avg +104.7% Citi $190 Hold −6.8% Reiterated 30.09.26on TipRanks 06:35 +0.6%next day +2.2% · 5 days +10.3%
Wamsi Mohan★★★★★★★★★★#26 · hits 64% · avg +46.5% Bank of America Securities $200 → $220+10.0% Hold +7.9% Reiterated 30.09.26on TipRanks 04:45 +0.6%next day +2.2% · 5 days +10.3%
Erik Woodring★★★★★★★★★★#290 · hits 60% · avg +28.0% Morgan Stanley $191 Hold −6.3% Assigned 18.09.26on TipRanks 08:25 +0.3%next day −1.4% · 5 days +0.4%
Jim Kelleher★★★★★★★★★★#27 · hits 71% · avg +34.6% Argus Research $200 → $225+12.5% Buy +10.4% Reiterated 10.09.26on TipRanks Sep 11 09:19 0.0%next day +7.7% · 5 days +6.6%
Amit Daryanani★★★★★★★★★★#21 · hits 70% · avg +37.0% Evercore ISI $210 Hold +3.0% Reiterated 03.09.26on TipRanks 09:35 +1.5%next day +0.5% · 5 days +8.6%
Nehal Chokshi★★★★★★★★★★#190 · hits 58% · avg +25.4% Northland Securities $187 Buy −8.2% Reiterated 03.09.26on TipRanks 09:27 +1.5%next day +0.5% · 5 days +8.6%
Mehdi Hosseini★★★★★★★★★★#104 · hits 63% · avg +28.0% Susquehanna $185 → $195+5.4% Hold −4.3% Reiterated 03.09.26on TipRanks 08:30 +1.5%next day +0.5% · 5 days +8.6%
Matt Bryson★★★★★★★★★★#16 · hits 79% · avg +92.9% Wedbush $150 → $170+13.3% Hold −16.6% Reiterated 03.09.26on TipRanks 08:10 +1.5%next day +0.5% · 5 days +8.6%
David Vogt★★★★★★★★★★#1701 · hits 61% · avg +13.2% UBS $160 → $171+6.9% Hold −16.1% Assigned 03.09.26on TipRanks 08:00 +1.5%next day +0.5% · 5 days +8.6%
Joseph Cardoso★★★★★★★★★★#2887 · hits 58% · avg +10.2% J.P. Morgan $195 Hold −4.3% Reiterated 03.09.26on TipRanks 07:50 +1.5%next day +0.5% · 5 days +8.6%
Aaron Rakers★★★★★★★★★★#7 · hits 73% · avg +54.9% Wells Fargo $180 → $190+5.6% Hold −6.8% Assigned 03.09.26on TipRanks 06:30 +1.5%next day +0.5% · 5 days +8.6%
Katherine Murphy★★★★★★★★★★#786 · hits 59% · avg +55.9% Goldman Sachs $210 Buy +3.0% Reiterated 02.09.26on TipRanks Sep 3 09:27 −1.7%next day +1.5% · 5 days +2.5%
Tim Long★★★★★★★★★★#210 · hits 62% · avg +20.6% Barclays $199 → $219+10.1% Buy +7.5% Reiterated 02.09.26on TipRanks Sep 3 04:35 −1.7%next day +1.5% · 5 days +2.5%
Krish Sankar★★★★★★★★★★#13 · hits 69% · avg +56.0% TD Cowen $200 Buy −1.9% Reiterated 02.09.26on TipRanks Sep 3 00:30 −1.7%next day +1.5% · 5 days +2.5%
Unknown Analyst Northland Securities $120 → $137+14.2% Buy −32.8% Upgrade 26.11.25on TipRanks Jan 12 11:22 −2.7%next day +1.6% · 5 days +5.5%
Unknown Analyst Roth MKM — Hold — Reiterated 26.11.25on TipRanks 13:05 −2.7%next day +1.6% · 5 days +5.5%
Unknown Analyst Mizuho Securities — Hold — Initiated 17.11.25on TipRanks 09:45 −1.5%next day +0.5% · 5 days +1.6%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering NetApp

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Krish Sankar★★★★★★★★★★TD Cowen · #13
Hits 69%343 of 496 Average return +56.0%
1 year Nehal Chokshi★★★★★★★★★★Northland Securities · #190
Hits 58%290 of 496 Average return +25.4%
2 years Nehal Chokshi★★★★★★★★★★Northland Securities · #190
Hits 58%290 of 496 Average return +25.4%

Most profitable

3 months Jim Kelleher★★★★★★★★★★Argus Research · #27
Hits 71%338 of 478 Average return +34.6%
1 year Nehal Chokshi★★★★★★★★★★Northland Securities · #190
Hits 58%290 of 496 Average return +25.4%
2 years Krish Sankar★★★★★★★★★★TD Cowen · #13
Hits 69%343 of 496 Average return +56.0%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $198 at a price of $210 (−5.7%); now: $214 at $204 (+4.8%).

$180$200$220$240Sep 15Oct 1Oct 15Top analysts$217Average target$214Price$204

PriceAverage targetTop analysts’ target

Recommendation trend

0102030623Oct 25824Nov723Dec7141Jan 266103Feb7153Mar8162Apr8162May9142Jun8142Jul58Aug722Sep1123Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy8985711
Hold16141482223
Sell222000

Earnings and sales forecast

Next report: 01.12.26 (Q2 2027, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $2.60 (from $2.47 to $2.72). Last quarter: $2.58.

Sales

Next quarter’s sales estimate — $2.1B (from $2.1B to $2.2B). Last quarter: $2.0B.

Best top-analyst consensus in the sector · Technology

TSMTSMC
ANETArista Networks
UCTTUltra Clean HoldingsStrong Buy
ONTOOnto Innovation
CLSnot in our ETFs
About NetApp
  • CEO: George Kurian
  • Employees: 11,700
  • 3060 Olsen Drive, San Jose, CA, 95128, US
  • www.netapp.com

NetApp, Inc. is a technology company focused on providing cloud-centric and data-driven services that enable businesses worldwide to efficiently manage and share their information across on-premises infrastructure, private cloud setups, and public cloud platforms. The company's operations are divided into two key segments: Hybrid Cloud and Public Cloud. NetApp offers an extensive suite of intelligent data management software, including its foundational NetApp ONTAP, NetApp Snapshot for data protection, NetApp SnapCenter for backup management, NetApp SnapMirror for data replication, NetApp SnapLock for data compliance, NetApp ElementOS software, and NetApp SANtricity software. Its storage infrastructure solutions comprise the NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod integrated systems, NetApp E/EF series, NetApp StorageGRID object storage, and NetApp SolidFire solutions. For cloud environments, NetApp delivers a wide array of cloud storage and data services such as NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and NetApp Cloud Volumes Service for Google Cloud. These are augmented by services like NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense for analytics, and NetApp Cloud Volumes Edge Cache. The company also provides cloud operations services, which include NetApp Cloud Insights, the Spot Ocean Kubernetes Suite, Spot Security, Spot Eco for cost optimization, and Spot CloudCheckr. Moreover, NetApp offers application-aware data management solutions under its NetApp Astra brand. Its service portfolio is rounded out by comprehensive professional and support services, encompassing strategic consulting, managed services, and dedicated support, in addition to assessment, design, implementation, and migration services. NetApp serves a broad spectrum of industries globally, including energy, financial services, government, technology, internet, life sciences, healthcare,

Data from the stock’s TipRanks forecast page, read 34 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗