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NetApp

NTAPNASDAQ
Logo brought to you by Benzinga Data
$118.45
1.871.60%
At close: -
$119.23
0.780.66%
After Hours: Dec 20, 4:42 PM EDT
The dividend Ex-Date is in 13 days
Consensus Rating1
Buy
Highest Price Target1
$160.00
Lowest Price Target1
$80.00
Consensus Price Target1
$134.33

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

NetApp Inc has a consensus price target of $134.33 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 Morgan Stanley, JP Morgan, and Citigroup on December 17, 2024, December 16, 2024, and November 22, 2024, respectively. With an average price target of $147 between Morgan Stanley, JP Morgan, and Citigroup, there's an implied 23.29% upside for NetApp Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
5
1
Aug
1
Sep
2
5
1
Nov
1
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
JP Morgan
Citigroup
TD Cowen
Stifel

1calculated from analyst ratings

Analyst Ratings for NetApp

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for NetApp (NTAP) stock?

A

The latest price target for NetApp (NASDAQ:NTAP) was reported by Morgan Stanley on December 17, 2024. The analyst firm set a price target for $146.00 expecting NTAP to rise to within 12 months (a possible 22.45% upside). 52 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 Morgan Stanley, and NetApp maintained their equal-weight rating.

Q

When was the last upgrade for NetApp (NTAP)?

A

The last upgrade for NetApp Inc happened on December 16, 2024 when JP Morgan raised their price target to $160. JP Morgan previously had a neutral 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 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 $132.00 to $146.00. The current price NetApp (NTAP) is trading at is $119.23, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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