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NetApp Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for NetApp Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for NetApp (NASDAQ:NTAP) was reported by Citigroup on March 3, 2025. The analyst firm set a price target for $110.00 expecting NTAP to rise to within 12 months (a possible 14.87% upside). 48 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 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 March 3, 2025 so you should expect the next rating to be made available sometime around March 3, 2026.
While ratings are subjective and will change, the latest NetApp (NTAP) rating was a maintained with a price target of $135.00 to $110.00. The current price NetApp (NTAP) is trading at is $95.76, which is out of the analyst’s predicted range.
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