NetApp Inc has a consensus price target of $76.96, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, Argus Research, and UBS on March 5, 2024, March 4, 2024, and March 1, 2024. With an average price target of $68.67 between Citigroup, Argus Research, and UBS, there's an implied -34.74% downside for NetApp Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/05/2024 | NTAP | Buy Now | NetApp | $105.22 | 4.54% | Citigroup | Jim Suva | $90 → $110 | Maintains | Neutral | Get Alert |
03/04/2024 | NTAP | Buy Now | NetApp | $105.22 | — | Argus Research | Jim Kelleher | — | Upgrade | Hold → Buy | Get Alert |
03/01/2024 | NTAP | Buy Now | NetApp | $105.22 | -8.76% | UBS | David Vogt | $93 → $96 | Maintains | Neutral | Get Alert |
03/01/2024 | NTAP | Buy Now | NetApp | $105.22 | -9.71% | JP Morgan | Samik Chatterjee | $87 → $95 | Maintains | Underweight | Get Alert |
03/01/2024 | NTAP | Buy Now | NetApp | $105.22 | 14.05% | Stifel | Matthew Sheerin | $105 → $120 | Reiterates | Buy → Buy | Get Alert |
03/01/2024 | NTAP | Buy Now | NetApp | $105.22 | -4.96% | Wedbush | Matt Bryson | $85 → $100 | Maintains | Neutral | Get Alert |
03/01/2024 | NTAP | Buy Now | NetApp | $105.22 | 14.05% | TD Cowen | Krish Sankar | $100 → $120 | Maintains | Outperform | Get Alert |
03/01/2024 | NTAP | Buy Now | NetApp | $105.22 | -0.21% | Evercore ISI Group | Amit Daryanani | $95 → $100 | Maintains | In-Line | Get Alert |
03/01/2024 | NTAP | Buy Now | NetApp | $105.22 | -4.96% | Barclays | Tim Long | $80 → $100 | Maintains | Equal-Weight | Get Alert |
01/16/2024 | NTAP | Buy Now | NetApp | $105.22 | — | Raymond James | Simon Leopold | — | Downgrade | Outperform → Market Perform | Get Alert |
01/08/2024 | NTAP | Buy Now | NetApp | $105.22 | -17.32% | JP Morgan | Samik Chatterjee | → $87 | Downgrade | Neutral → Underweight | Get Alert |
11/30/2023 | NTAP | Buy Now | NetApp | $105.22 | -14.46% | Citigroup | Jim Suva | $83 → $90 | Maintains | Neutral | Get Alert |
11/29/2023 | NTAP | Buy Now | NetApp | $105.22 | -15.42% | JP Morgan | Samik Chatterjee | $86 → $89 | Maintains | Neutral | Get Alert |
11/29/2023 | NTAP | Buy Now | NetApp | $105.22 | -20.17% | Morgan Stanley | Meta Marshall | $74 → $84 | Maintains | Equal-Weight | Get Alert |
11/29/2023 | NTAP | Buy Now | NetApp | $105.22 | -19.22% | Wedbush | Matt Bryson | $75 → $85 | Maintains | Neutral | Get Alert |
11/29/2023 | NTAP | Buy Now | NetApp | $105.22 | -14.46% | Stifel | Matthew Sheerin | $85 → $90 | Maintains | Buy | Get Alert |
11/29/2023 | NTAP | Buy Now | NetApp | $105.22 | -4.96% | Northland Capital Markets | Nehal Chokshi | → $100 | Downgrade | Outperform → Market Perform | Get Alert |
11/29/2023 | NTAP | Buy Now | NetApp | $105.22 | -21.12% | Raymond James | Simon Leopold | $80 → $83 | Maintains | Outperform | Get Alert |
11/29/2023 | NTAP | Buy Now | NetApp | $105.22 | -18.27% | Wells Fargo | Aaron Rakers | $72 → $86 | Maintains | Equal-Weight | Get Alert |
The latest price target for NetApp (NASDAQ: NTAP) was reported by Citigroup on March 5, 2024. The analyst firm set a price target for $110.00 expecting NTAP to rise to within 12 months (a possible 4.54% upside). 45 analyst firms have reported ratings in the last year.
The latest analyst rating for NetApp (NASDAQ: NTAP) was provided by Citigroup, and NetApp maintained their neutral rating.
The last upgrade for NetApp Inc happened on March 4, 2024 when Argus Research raised their price target to N/A. Argus Research previously had a hold for NetApp Inc.
The last downgrade for NetApp Inc happened on January 16, 2024 when Raymond James changed their price target from N/A to N/A for NetApp Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NetApp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NetApp was filed on March 5, 2024 so you should expect the next rating to be made available sometime around March 5, 2025.
While ratings are subjective and will change, the latest NetApp (NTAP) rating was a maintained with a price target of $90.00 to $110.00. The current price NetApp (NTAP) is trading at is $105.22, which is within the analyst’s predicted range.
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