NetApp (NASDAQ:NTAP) has been analyzed by 7 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 4 | 1 | 0 |
| Last 30D | 0 | 0 | 0 | 1 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 2 | 3 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $121.29, a high estimate of $137.00, and a low estimate of $89.00. This upward trend is apparent, with the current average reflecting a 2.17% increase from the previous average price target of $118.71.
Diving into Analyst Ratings: An In-Depth Exploration
An in-depth analysis of recent analyst actions unveils 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 |
|---|---|---|---|---|---|
| Erik Woodring | Morgan Stanley | Lowers | Underweight | $89.00 | $117.00 |
| Nehal Chokshi | Northland Capital Markets | Raises | Outperform | $137.00 | $120.00 |
| Tim Long | Barclays | Raises | Overweight | $134.00 | $125.00 |
| Aaron Rakers | Wells Fargo | Raises | Equal-Weight | $115.00 | $100.00 |
| David Vogt | UBS | Raises | Neutral | $120.00 | $114.00 |
| Wamsi Mohan | B of A Securities | Raises | Neutral | $129.00 | $125.00 |
| Asiya Merchant | Citigroup | Lowers | Neutral | $125.00 | $130.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to NetApp. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of NetApp compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing 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.
Unveiling the Story Behind 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).
Key Indicators: NetApp's Financial Health
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: NetApp displayed positive results in 3M. As of 31 October, 2025, the company achieved a solid revenue growth rate of approximately 2.83%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: NetApp's net margin excels beyond industry benchmarks, reaching 17.89%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): NetApp's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 31.11% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): NetApp's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.16%, the company showcases efficient use of assets and strong financial health.
Debt Management: NetApp's debt-to-equity ratio stands notably higher than the industry average, reaching 2.78. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Basics of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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