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NTAP Stock Forecast 2025-2026
$112.97
Current Price
$22.55B
Market Cap
Buy 6
Hold 12
Sell 0
Wall St Analyst Ratings
Distance to NTAP Price Targets
+23.9%
To High Target of $140.00
+8.4%
To Median Target of $122.50
-11.5%
To Low Target of $100.00
NTAP Price Momentum
-4.1%
1 Week Change
-6.1%
1 Month Change
-8.9%
1 Year Change
-2.7%
Year-to-Date Change
-16.6%
From 52W High of $135.45
+57.3%
From 52W Low of $71.84
📊 TOP ANALYST CALLS
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We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if NetApp is one of their latest high-conviction picks.
Latest NTAP Stock Price Targets & Analyst Predictions
Based on our analysis of 36 Wall Street analysts, NTAP has a neutral consensus with a median price target of $122.50 (ranging from $100.00 to $140.00). The overall analyst rating is N/A (N/A/10). Currently trading at $112.97, the median forecast implies a 8.4% upside. This outlook is supported by 6 Buy, 12 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Aaron Rakers at Wells Fargo, projecting a 23.9% upside. Conversely, the most conservative target is provided by Aaron Rakers at Wells Fargo, suggesting a 11.5% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
NTAP Analyst Ratings
6
Buy
12
Hold
0
Sell
NTAP Price Target Range
Low
$100.00
Average
$122.50
High
$140.00
Current: $112.97
Latest NTAP Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for NTAP.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Oct 16, 2025 | Citigroup | Asiya Merchant | Neutral | Maintains | $130.00 |
| Aug 29, 2025 | Argus Research | Jim Kelleher | Buy | Reiterates | $130.00 |
| Aug 28, 2025 | Barclays | Tim Long | Overweight | Maintains | $125.00 |
| Aug 28, 2025 | Northland Capital Markets | Nehal Chokshi | Market Perform | Maintains | $120.00 |
| Aug 28, 2025 | UBS | David Vogt | Neutral | Maintains | $114.00 |
| Aug 25, 2025 | B of A Securities | Wamsi Mohan | Neutral | Maintains | $125.00 |
| Aug 21, 2025 | Morgan Stanley | Erik Woodring | Equal-Weight | Assumes | $115.00 |
| Aug 11, 2025 | Citigroup | Asiya Merchant | Neutral | Maintains | $115.00 |
| Jul 17, 2025 | JP Morgan | Samik Chatterjee | Overweight | Maintains | $130.00 |
| Jun 2, 2025 | Citigroup | Asiya Merchant | Neutral | Maintains | $110.00 |
| May 30, 2025 | Barclays | Tim Long | Overweight | Maintains | $117.00 |
| May 30, 2025 | JP Morgan | Samik Chatterjee | Overweight | Maintains | $115.00 |
| May 30, 2025 | Wells Fargo | Aaron Rakers | Equal-Weight | Maintains | $100.00 |
| May 30, 2025 | UBS | David Vogt | Neutral | Maintains | $108.00 |
| May 23, 2025 | JP Morgan | Overweight | Maintains | $N/A | |
| May 20, 2025 | Morgan Stanley | Meta Marshall | Equal-Weight | Maintains | $106.00 |
| May 16, 2025 | Citigroup | Asiya Merchant | Neutral | Maintains | $105.00 |
| Apr 30, 2025 | Barclays | Tim Long | Overweight | Upgrade | $115.00 |
| Apr 28, 2025 | Evercore ISI Group | Amit Daryanani | In-Line | Maintains | $100.00 |
| Apr 17, 2025 | JP Morgan | Samik Chatterjee | Overweight | Maintains | $113.00 |
NetApp, Inc. (NTAP) Competitors
The following stocks are similar to NetApp based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
NetApp, Inc. (NTAP) Financial Data
NetApp, Inc. has a market capitalization of $22.55B with a P/E ratio of 19.8x. The company generates $6.59B in trailing twelve-month revenue with a 17.8% profit margin.
Revenue growth is +1.2% quarter-over-quarter, while maintaining an operating margin of +19.9% and return on equity of +123.0%.
Valuation Metrics
Market Cap
$22.55B
Enterprise Value
$22.13B
P/E Ratio
19.8x
PEG Ratio
-5.9x
Price/Sales
3.4x
Growth & Margins
Revenue Growth (YoY)
+1.2%
Gross Margin
+70.4%
Operating Margin
+19.9%
Net Margin
+17.8%
EPS Growth
-6.0%
Financial Health
Cash/Price Ratio
+14.8%
Current Ratio
1.3x
Debt/Equity
281.5x
ROE
+123.0%
ROA
+9.5%
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NetApp, Inc. (NTAP) Business Model
About NetApp, Inc.
What They Do
Provides data storage and management solutions.
Business Model
NetApp generates revenue through the sale of data storage hardware, software, and integrated solutions that cater to enterprise needs for secure data management. The company serves various sectors, including finance, healthcare, and government, by offering products that enhance data efficiency and facilitate cloud integration.
Additional Information
With a strong presence in the computer hardware industry, NetApp is recognized for its innovative solutions that address the challenges of data scalability, availability, and performance. The company's focus on digital transformation positions it well in a market characterized by rapid data growth and the increasing need for reliable cloud services.
Company Information
Sector
Technology
Industry
Computer Hardware
Employees
11,800
CEO
Mr. George Kurian
Country
United States
IPO Year
1995
Website
www.netapp.comNetApp, Inc. (NTAP) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
Why NetApp (NTAP) Dipped More Than Broader Market Today
NetApp (NTAP) concluded the recent trading session at $113.34, signifying a -3.08% move from its prior day's close.
Nov 04, 2025
By Zacks Equity Research
Tale of the Tape
NetApp (NTAP) Stock Slides as Market Rises: Facts to Know Before You Trade
NetApp (NTAP) reached $115.91 at the closing of the latest trading day, reflecting a -1.09% change compared to its last close.
Oct 28, 2025
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
NetApp (NASDAQ: NTAP) will announce Q2 FY2026 financial results on November 25, 2025, after market close, followed by a conference call at 2:30 PM PT. Access via investors.netapp.com.
Why It Matters
NetApp's upcoming financial results and management insights can influence stock performance and investor sentiment, reflecting the company's market position and future growth potential.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
NetApp (NTAP) closed at $113.34, down 3.08% from the previous day's close.
Why It Matters
NetApp's 3.08% decline indicates market volatility and potential concerns about its performance, impacting investor sentiment and future stock movements.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Quick Summary
NetApp (NTAP) is currently a highly monitored stock among Zacks.com users, indicating potential investor interest and future developments to watch.
Why It Matters
Increased attention on NetApp from Zacks.com users may signal growing investor interest, potentially affecting stock price volatility and trading volume.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
WDC's focus after the SanDisk spinoff, along with AI-driven HDD demand and margin improvements, positions it favorably against NTAP in the data storage market.
Why It Matters
WDC's strategic shift and AI-driven demand enhance its competitive edge over NTAP, signaling potential growth and profitability in the expanding data storage market.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Zacks Premium research service offers Zacks Style Scores, aiding investors in identifying strong stocks across value, growth, and momentum strategies.
Why It Matters
Zacks Style Scores enhance stock selection for all investment strategies, potentially increasing returns and reducing risk, making it a valuable tool for informed decision-making.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
NetApp (NTAP) closed at $115.91, down 1.09% from the previous trading day.
Why It Matters
NetApp’s slight decline in stock price signals potential volatility, which may affect investor confidence and future trading decisions.
Source: Zacks Investment Research
Market Sentiment:
Negative
Frequently Asked Questions About NTAP Stock
What is NetApp, Inc.'s (NTAP) stock forecast for 2026?
Based on our analysis of 36 Wall Street analysts, NetApp, Inc. (NTAP) has a median price target of $122.50. The highest price target is $140.00 and the lowest is $100.00.
Is NTAP stock a good investment in 2026?
According to current analyst ratings, NTAP has 6 Buy ratings, 12 Hold ratings, and 0 Sell ratings. The stock is currently trading at $112.97. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for NTAP stock?
Wall Street analysts predict NTAP stock could reach $122.50 in the next 12 months. This represents a 8.4% increase from the current price of $112.97. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is NetApp, Inc.'s business model?
NetApp generates revenue through the sale of data storage hardware, software, and integrated solutions that cater to enterprise needs for secure data management. The company serves various sectors, including finance, healthcare, and government, by offering products that enhance data efficiency and facilitate cloud integration.
What is the highest forecasted price for NTAP NetApp, Inc.?
The highest price target for NTAP is $140.00 from Aaron Rakers at Wells Fargo, which represents a 23.9% increase from the current price of $112.97.
What is the lowest forecasted price for NTAP NetApp, Inc.?
The lowest price target for NTAP is $100.00 from Aaron Rakers at Wells Fargo, which represents a -11.5% decrease from the current price of $112.97.
What is the overall NTAP consensus from analysts for NetApp, Inc.?
The overall analyst consensus for NTAP is neutral. Out of 36 Wall Street analysts, 6 rate it as Buy, 12 as Hold, and 0 as Sell, with a median price target of $122.50.
How accurate are NTAP stock price projections?
Stock price projections, including those for NetApp, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: November 9, 2025 2:36 PM UTC