NetApp
(NASDAQ:NTAP)
$105.22
0[0.00%]
At close: Mar 27
$105.22
0[0.00%]
PreMarket: 4:37PM EDT
The dividend Ex-Date is in 7 days
Consensus Rating1
Buy
Highest Price Target1
$110.00
Lowest Price Target1
$110.00
Consensus Price Target1
$76.96

NetApp Stock (NASDAQ:NTAP), Analyst Ratings, Price Targets, Predictions

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.

Analyst Rating Summary1

Analyst Ratings
Nov 23
2
7
Jan
1
1
Mar
3
4
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Argus Research
UBS
JP Morgan
Stifel

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for NetApp

date
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ticker
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Buy Now
Company
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Current price
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Upside/Downside
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Analyst & % Accurate
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Price Target Change
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Rating Change
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Previous / Current Rating
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Get Alert
03/05/2024NTAPBuy Now
NetApp
$105.224.54%Citigroup
Jim Suva
$90 → $110MaintainsNeutralGet Alert
03/04/2024NTAPBuy Now
NetApp
$105.22—Argus Research
Jim Kelleher
—UpgradeHold → BuyGet Alert
03/01/2024NTAPBuy Now
NetApp
$105.22-8.76%UBS
David Vogt
$93 → $96MaintainsNeutralGet Alert
03/01/2024NTAPBuy Now
NetApp
$105.22-9.71%JP Morgan
Samik Chatterjee
$87 → $95MaintainsUnderweightGet Alert
03/01/2024NTAPBuy Now
NetApp
$105.2214.05%Stifel
Matthew Sheerin
$105 → $120ReiteratesBuy → BuyGet Alert
03/01/2024NTAPBuy Now
NetApp
$105.22-4.96%Wedbush
Matt Bryson
$85 → $100MaintainsNeutralGet Alert
03/01/2024NTAPBuy Now
NetApp
$105.2214.05%TD Cowen
Krish Sankar
$100 → $120MaintainsOutperformGet Alert
03/01/2024NTAPBuy Now
NetApp
$105.22-0.21%Evercore ISI Group
Amit Daryanani
$95 → $100MaintainsIn-LineGet Alert
03/01/2024NTAPBuy Now
NetApp
$105.22-4.96%Barclays
Tim Long
$80 → $100MaintainsEqual-WeightGet Alert
01/16/2024NTAPBuy Now
NetApp
$105.22—Raymond James
Simon Leopold
—DowngradeOutperform → Market PerformGet Alert
01/08/2024NTAPBuy Now
NetApp
$105.22-17.32%JP Morgan
Samik Chatterjee
→ $87DowngradeNeutral → UnderweightGet Alert
11/30/2023NTAPBuy Now
NetApp
$105.22-14.46%Citigroup
Jim Suva
$83 → $90MaintainsNeutralGet Alert
11/29/2023NTAPBuy Now
NetApp
$105.22-15.42%JP Morgan
Samik Chatterjee
$86 → $89MaintainsNeutralGet Alert
11/29/2023NTAPBuy Now
NetApp
$105.22-20.17%Morgan Stanley
Meta Marshall
$74 → $84MaintainsEqual-WeightGet Alert
11/29/2023NTAPBuy Now
NetApp
$105.22-19.22%Wedbush
Matt Bryson
$75 → $85MaintainsNeutralGet Alert
11/29/2023NTAPBuy Now
NetApp
$105.22-14.46%Stifel
Matthew Sheerin
$85 → $90MaintainsBuyGet Alert
11/29/2023NTAPBuy Now
NetApp
$105.22-4.96%Northland Capital Markets
Nehal Chokshi
→ $100DowngradeOutperform → Market PerformGet Alert
11/29/2023NTAPBuy Now
NetApp
$105.22-21.12%Raymond James
Simon Leopold
$80 → $83MaintainsOutperformGet Alert
11/29/2023NTAPBuy Now
NetApp
$105.22-18.27%Wells Fargo
Aaron Rakers
$72 → $86MaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for NetApp (NTAP)?

A

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.

Q

What is the most recent analyst rating for NetApp (NTAP)?

A

The latest analyst rating for NetApp (NASDAQ: NTAP) was provided by Citigroup, and NetApp maintained their neutral rating.

Q

When was the last upgrade for NetApp (NTAP)?

A

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.

Q

When was the last downgrade for NetApp (NTAP)?

A

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.

Q

When is the next analyst rating going to be posted or updated for NetApp (NTAP)?

A

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.

Q

Is the Analyst Rating NetApp (NTAP) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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