NetApp, Inc. (NTAP) Analyst Ratings & Price Targets

NetApp, Inc.

NTAP · Nasdaq

Analyst Consensus

Hold

19 analysts

$188

Current

—

Low

$195

Average

—

High

Average target implies +3.57% versus the current price.

Analyst Ratings Synthesis

Consensus is Hold across 19 analysts. The only disclosed consensus target is a $180 mean; low and high targets are unavailable, so target clustering and the breadth of the spread cannot be measured. BNK Invest separately cited a $177.24 average analyst 12-month target, also below the August 4 close of $190.46. No named analyst is identified as the most or least bullish, and the evidence records no rating or price-target revisions during the past week, leaving revision direction unknown. The substantive visible tension is between stronger reported FY2026 revenue and net-income growth and a share price that has moved above the disclosed analyst valuation benchmarks.

Rating Actions

No individual rating actions have been captured for NTAPyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

BARCLAYS CAPITA

CITIGROUP

CO FORECST

EVERCORE ISI

JP MORGAN SECUR

LOOP CAPITAL MK

MORGAN STANLEY

NORTHLAND CAPMK

RAYMOND JAMES

STIFEL NICOLAUS

SUMMIT INSIGHTS

SUSQUEHANNA

TD COWEN

UBS

WEDBUSH SECURIT

WELLS FARGO SEC

WILLIAM BLAIR

ZACKS RESEARCH

Symbol: NTAP
Type: Stock
Sector: Technology
Industry: Computer Storage Devices
Exchange: Nasdaq

For more than three decades, NetApp has helped the world's leading organizations navigate change - from the rise of enterprise storage to the intelligent era defined by data and AI. Today, NetApp is the Intelligent Data Infrastructure company, helping customers turn data into a catalyst for innovation, resilience, and growth. At the heart of that infrastructure is the NetApp data platform - the unified, enterprise-grade, intelligent foundation that connects, protects, and activates data across every cloud, workload, and environment. Built on the proven power of NetApp ONTAP, our leading data management software and OS, and enhanced by automation through the AI Data Engine and AFX, it delivers observability, resilience, and intelligence at scale. Disaggregated by design, the NetApp data platform separates storage, services, and control so enterprises can modernize faster, scale efficiently, and innovate without lock-in.

Key Issues

Bullish view

FY2026 revenue rose to $6.9 billion from $6.6 billion, while net income increased to $1.3 billion from $1.2 billion, supporting the case that improving financial performance can justify stronger valuation.

Bearish view

The stock reached $190.46, above the disclosed $180 consensus mean target and BNK Invest's $177.24 average target, suggesting valuation has moved ahead of the targets available in the evidence.

Analyst Consensus

See all

Hold

19 analysts

$188

Current

—

Low

$195

Average

—

High

Average target implies +3.57% versus the current price.

Earnings History

BeatMissNo estimate

NetApp, Inc.

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers