Throughout the last three months, 6 analysts have evaluated NetApp (NASDAQ:NTAP), offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 1 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 3 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $118.17, a high estimate of $130.00, and a low estimate of $110.00. This upward trend is evident, with the current average reflecting a 6.62% increase from the previous average price target of $110.83.
Diving into Analyst Ratings: An In-Depth Exploration
In examining recent analyst actions, we gain insights into how financial experts perceive NetApp. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| David Vogt | UBS | Raises | Neutral | $114.00 | $108.00 |
| Wamsi Mohan | B of A Securities | Raises | Neutral | $125.00 | $121.00 |
| Erik Woodring | Morgan Stanley | Raises | Equal-Weight | $115.00 | $106.00 |
| Asiya Merchant | Citigroup | Raises | Neutral | $115.00 | $110.00 |
| Samik Chatterjee | JP Morgan | Raises | Overweight | $130.00 | $115.00 |
| Asiya Merchant | Citigroup | Raises | Neutral | $110.00 | $105.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to NetApp. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of NetApp compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of NetApp's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of NetApp's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on NetApp analyst ratings.
About NetApp
NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of the cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services. Geographically, the company generates the majority of its revenue from the United States, Canada and Latin America (Americas).
Unraveling the Financial Story of NetApp
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: NetApp's remarkable performance in 3M is evident. As of 30 April, 2025, the company achieved an impressive revenue growth rate of 3.84%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: NetApp's net margin is impressive, surpassing industry averages. With a net margin of 19.63%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): NetApp's ROE stands out, surpassing industry averages. With an impressive ROE of 33.42%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): NetApp's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.43% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 3.36, caution is advised due to increased financial risk.
The Basics of Analyst Ratings
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
