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NetApp Inc has a consensus price target of $132.78 based on the ratings of 22 analysts. The high is $160 issued by JP Morgan on December 16, 2024. The low is $80 issued by Deutsche Bank on August 21, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, B of A Securities, and Susquehanna on February 20, 2025, February 19, 2025, and February 10, 2025, respectively. With an average price target of $129.33 between Wells Fargo, B of A Securities, and Susquehanna, there's an implied 3.91% upside for NetApp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for NetApp (NASDAQ:NTAP) was reported by Wells Fargo on February 20, 2025. The analyst firm set a price target for $130.00 expecting NTAP to rise to within 12 months (a possible 4.44% upside). 53 analyst firms have reported ratings in the last year.
The latest analyst rating for NetApp (NASDAQ:NTAP) was provided by Wells Fargo, and NetApp maintained their equal-weight rating.
The last upgrade for NetApp Inc happened on February 19, 2025 when B of A Securities raised their price target to $128. B of A Securities previously had an underperform for NetApp Inc.
The last downgrade for NetApp Inc happened on February 10, 2025 when Susquehanna changed their price target from $155 to $130 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 February 20, 2025 so you should expect the next rating to be made available sometime around February 20, 2026.
While ratings are subjective and will change, the latest NetApp (NTAP) rating was a maintained with a price target of $140.00 to $130.00. The current price NetApp (NTAP) is trading at is $124.47, which is out of the analyst’s predicted range.
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