NTAP Stock Forecast 2025-2026
Distance to NTAP Price Targets
NTAP Price Momentum
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Latest NTAP Stock Price Targets & Analyst Predictions
Based on our analysis of 35 Wall Street analysts, NTAP has a neutral consensus with a median price target of $120.00 (ranging from $105.00 to $153.00). The overall analyst rating is Buy (6.9/10). Currently trading at $91.09, the median forecast implies a 31.7% upside. This outlook is supported by 6 Buy, 14 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Samik Chatterjee at JP Morgan, projecting a 68.0% upside. Conversely, the most conservative target is provided by Amit Daryanani at Evercore ISI Group, suggesting a 15.3% upside.
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
NTAP Price Target Range
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 |
|---|---|---|---|---|---|
| Mar 4, 2025 | Loop Capital | Ananda Baruah | Buy | Maintains | $130.00 |
| Mar 3, 2025 | Citigroup | Asiya Merchant | Neutral | Maintains | $110.00 |
| Feb 28, 2025 | JP Morgan | Samik Chatterjee | Overweight | Maintains | $153.00 |
| Feb 28, 2025 | Wells Fargo | Aaron Rakers | Equal-Weight | Maintains | $115.00 |
| Feb 28, 2025 | Barclays | Tim Long | Equal-Weight | Maintains | $115.00 |
| Feb 20, 2025 | Wells Fargo | Aaron Rakers | Equal-Weight | Maintains | $130.00 |
| Feb 19, 2025 | B of A Securities | Wamsi Mohan | Neutral | Upgrade | $128.00 |
| Feb 10, 2025 | Susquehanna | Mehdi Hosseini | Neutral | Downgrade | $130.00 |
| Dec 17, 2024 | Morgan Stanley | Meta Marshall | Equal-Weight | Maintains | $146.00 |
| Dec 16, 2024 | JP Morgan | Samik Chatterjee | Overweight | Upgrade | $160.00 |
| Nov 22, 2024 | Citigroup | Asiya Merchant | Neutral | Maintains | $135.00 |
| Nov 22, 2024 | Barclays | Tim Long | Equal-Weight | Maintains | $132.00 |
| Nov 22, 2024 | Morgan Stanley | Meta Marshall | Equal-Weight | Maintains | $132.00 |
| Nov 22, 2024 | Stifel | Matthew Sheerin | Buy | Maintains | $145.00 |
| Nov 22, 2024 | Wells Fargo | Aaron Rakers | Equal-Weight | Maintains | $140.00 |
| Nov 22, 2024 | Northland Capital Markets | Nehal Chokshi | Market Perform | Maintains | $120.00 |
| Nov 22, 2024 | B of A Securities | Wamsi Mohan | Underperform | Maintains | $121.00 |
| Nov 22, 2024 | TD Cowen | Karl Ackerman | Buy | Maintains | $160.00 |
| Nov 13, 2024 | Oppenheimer | Param Singh | Perform | Initiates | $0.00 |
| Sep 3, 2024 | Loop Capital | Ananda Baruah | Buy | Upgrade | $150.00 |
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 $19.14B with a P/E ratio of 17.2x. The company generates $6.51B in trailing twelve-month revenue with a 17.5% profit margin.
Revenue growth is +2.2% quarter-over-quarter, while maintaining an operating margin of +22.7% and return on equity of +114.3%.
Valuation Metrics
Growth & Margins
Financial Health
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NetApp Inc. (NTAP) Business Model
About NetApp Inc.
Provides cloud data services and management solutions.
NetApp generates revenue through its diverse portfolio of cloud integration, data storage hardware, and software-defined storage services. By offering solutions that simplify and optimize data management for organizations across various industries, the company charges for its products and services, which cater to both private and public cloud infrastructures.
Founded in 1992 and headquartered in Sunnyvale, California, NetApp plays a crucial role in the digital transformation of enterprises, enabling efficient data storage, management, and analysis. The company's focus on innovation positions it well within the rapidly growing cloud computing market.
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
Zacks.com users are showing increased interest in NetApp (NTAP), prompting a closer look at the stock's potential for investors.
Increased user interest in NetApp (NTAP) on Zacks.com may indicate potential market momentum, influencing stock performance and investor sentiment.
NetApp has partnered with NVIDIA to enhance AI data infrastructure using the NVIDIA AI Data Platform, potentially improving AI capabilities for customers.
NetApp's partnership with NVIDIA enhances its AI capabilities, potentially boosting revenue growth and market competitiveness, which can positively influence stock performance.
NetApp (NASDAQ: NTAP) is enhancing its data infrastructure with NVIDIA's AI Data Platform, helping businesses optimize data for AI applications and improve data strategies.
NetApp's collaboration with NVIDIA enhances its AI capabilities, positioning it to capitalize on the growing demand for data-driven AI solutions, potentially boosting its market value and investor interest.
NetApp (NASDAQ: NTAP) announced that NVIDIA has validated its enterprise storage systems with ONTAP for AI training and inferencing, enabling customers to leverage optimized configurations with NVIDIA products.
NVIDIA's validation of NetApp's storage systems enhances their appeal for AI applications, potentially boosting sales and market position, which could positively impact NTAP's stock performance.
NetApp: Tremendous Value To Be Unlocked
9 days agoNetApp shares have declined this year due to growth slowdown and a guidance cut. Delayed deals are expected to close this quarter. The stock has a forward P/E ratio of ~13x, reflecting some risks.
NetApp's share decline reflects growth concerns, but delayed deals suggest potential recovery. Its low P/E ratio indicates market skepticism may already be factored into the stock price.
NetApp Prices $1.25 Billion of Senior Notes
15 days agoNetApp (NASDAQ: NTAP) announced a $1.25 billion offering of senior notes, including $625 million at 5.50% due 2032 and $625 million at 5.70% due 2035, closing expected March 17, 2025.
NetApp's bond issuance indicates its financial strategy and capital needs, potentially affecting its stock valuation and interest rates. Higher yields may signal increased risk or borrowing costs.
Frequently Asked Questions About NTAP Stock
What is NetApp Inc.'s (NTAP) stock forecast for 2025?
Based on our analysis of 35 Wall Street analysts, NetApp Inc. (NTAP) has a median price target of $120.00. The highest price target is $153.00 and the lowest is $105.00.
Is NTAP stock a good investment in 2025?
According to current analyst ratings, NTAP has 6 Buy ratings, 14 Hold ratings, and 0 Sell ratings. The stock is currently trading at $91.09. 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 $120.00 in the next 12 months. This represents a 31.7% increase from the current price of $91.09. 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 its diverse portfolio of cloud integration, data storage hardware, and software-defined storage services. By offering solutions that simplify and optimize data management for organizations across various industries, the company charges for its products and services, which cater to both private and public cloud infrastructures.
What is the highest forecasted price for NTAP NetApp Inc.?
The highest price target for NTAP is $153.00 from Samik Chatterjee at JP Morgan, which represents a 68.0% increase from the current price of $91.09.
What is the lowest forecasted price for NTAP NetApp Inc.?
The lowest price target for NTAP is $105.00 from Amit Daryanani at Evercore ISI Group, which represents a 15.3% increase from the current price of $91.09.
What is the overall NTAP consensus from analysts for NetApp Inc.?
The overall analyst consensus for NTAP is neutral. Out of 35 Wall Street analysts, 6 rate it as Buy, 14 as Hold, and 0 as Sell, with a median price target of $120.00.
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.
