The NetApp Inc (NTAP) share price is expected to increase by 4.92% over the next year. This is based on calculating the average 12-month share price estimate provided by 14 stock analysts who have covered NTAP. Price targets range from $73.00 at the low end to $105.00 at the high end. The current analyst consensus for NTAP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
NTAP is a stock in Technology which has been forecasted to be worth $89.93 as an average. On the higher end, the forecast price is $105.00 USD by matthew sheerin from Stifel Nicolaus and on the lower end NTAP is forecasted to be $73.00 by wamsi mohan from Bank of America Securities.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
matthew sheerin Stifel Nicolaus | Buy | $105.0 | maintained | Jan 3, 2024 |
krish sankar TD Cowen | Buy | $100.0 | maintained | Nov 29, 2023 |
jeriel ong Deutsche Bank | Buy | $90.0 | maintained | Nov 29, 2023 |
mehdi hosseini Susquehanna | Buy | $100.0 | maintained | Nov 29, 2023 |
sidney ho Deutsche Bank | Buy | $80.0 | maintained | Aug 20, 2023 |
jim suva Citigroup | Buy | $100.0 | maintained | Feb 23, 2023 |
kyle mcnealy Jefferies | Buy | $80.0 | maintained | Feb 23, 2023 |
karl ackerman BNP Paribas | Buy | $116.0 | upgraded | Jan 14, 2022 |
kathryn huberty Morgan Stanley | Buy | $98.0 | maintained | Dec 1, 2021 |
louis miscioscia Daiwa | Buy | $88.0 | maintained | Jun 4, 2021 |
shebly seyrafi FBN Securities | Buy | $80.0 | maintained | Feb 25, 2021 |
nikolay todorov Longbow Research | Buy | None | upgraded | Feb 19, 2021 |
srini nandury Summit Redstone Partners | Buy | None | upgraded | Oct 22, 2020 |
mark kelleher D.A. Davidson | Buy | $93.0 | maintained | May 23, 2019 |
steven milunovich Wolfe Research | Buy | $80.0 | initiatedcoverage | Dec 11, 2018 |
rob cihra Guggenheim | Buy | $94.0 | initiatedcoverage | Jul 12, 2018 |
mark moskowitz Barclays | Buy | $81.0 | maintained | Jun 26, 2018 |
brian white Monness | Buy | $62.0 | rated | Nov 14, 2017 |
joe wittine Edgewater Research | Buy | $50.0 | upgraded | Aug 15, 2017 |
bill kreher Edward Jones | Buy | None | rated | Nov 14, 2014 |
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID. In addition, it provides cloud storage and data services comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, and cloud operations services, such as NetApp Cloud Insights, Spot by NetApp, and Instaclustr. Further, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Additionally, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.
When did it IPO
1995
Staff Count
12,000
Country
United States
Sector/Industry
Technology/Computer Hardware
CEO
Mr. George Kurian
Market Cap
$17.66B
In 2023, NTAP generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that NTAP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
CINF-USD
$111.25
$11.95
HOLX-USD
$74.58
ENPH-USD
$126.24
$117.9
EXPE-USD
$134.64