NetApp Inc

NetApp Inc Stock Forecast & Price Prediction

Live NetApp Inc Stock (NTAP) Price
$85.71

14

Ratings

  • Buy 4
  • Hold 8
  • Sell 2
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$85.71

P/E Ratio

P/E Ratio not available for NTAP

Volume Traded Today

$1.2M

Dividend

Dividends not available for NTAP

52 Week High/low

91.78/59.73

NetApp Inc Market Cap

$17.66B

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NTAP Summary

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 Analyst Ratings

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.

NTAP stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

simon leopold
Raymond James

Hold

None

downgraded

Jan 16, 2024
samik chatterjee
J.P. Morgan

Sell

$87.0

downgraded

Jan 8, 2024
matthew sheerin
Stifel Nicolaus

Buy

$105.0

maintained

Jan 3, 2024
ananda baruah
Loop Capital Markets

Hold

$91.0

maintained

Dec 4, 2023
amit daryanani
Evercore ISI

Hold

$85.0

maintained

Nov 29, 2023
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
nehal chokshi
Northland Securities

Hold

$100.0

downgraded

Nov 29, 2023
tim long
Barclays

Hold

$80.0

maintained

Nov 29, 2023
aaron rakers
Wells Fargo

Hold

$86.0

rated

Nov 29, 2023
meta marshall
Morgan Stanley

Hold

$84.0

maintained

Nov 29, 2023
asiya merchant
Citi

Hold

$90.0

maintained

Nov 29, 2023
david vogt
UBS

Hold

$88.0

maintained

Nov 29, 2023
wamsi mohan
Bank of America Securities

Sell

$73.0

reiterated

Nov 28, 2023
jason ader
William Blair

Hold

None

downgraded

Sep 18, 2023
matt bryson
Wedbush

Hold

$75.0

maintained

Aug 22, 2023
sidney ho
Deutsche Bank

Buy

$80.0

maintained

Aug 20, 2023
shannon cross
Credit Suisse

Hold

$70.0

downgraded

Feb 23, 2023
jim suva
Citigroup

Buy

$100.0

maintained

Feb 23, 2023

NTAP Company Information

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.

NTAP
NetApp Inc (NTAP)

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

NetApp Inc(NTAP) Financial Data

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

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $6.10B
  • Operating Margin TTM 0.20%
  • Gross profit TTM $4.21B
  • Return on assets TTM 0.07%
  • Return on equity TTM 0.70%
  • Profit margin 0.11342%
  • Book value 3.74%
  • Market capitalisation $17.66B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year 3.24
  • EPS next year N/A

NetApp Inc(NTAP) Latest News

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NTAP Frequently asked questions

The highest forecasted price for NTAP is $105.00 from matthew sheerin at Stifel Nicolaus.

The lowest forecasted price for NTAP is $73.00 from wamsi mohan from Bank of America Securities

The NTAP analyst ratings consensus are 4 buy ratings, 8 hold ratings, and 2 sell ratings.