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NetApp

NTAPNASDAQ
Logo brought to you by Benzinga Data
$120.86
1.511.27%
Last update: 11:13 AM
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$155.00
Lowest Price Target1
$80.00
Consensus Price Target1
$121.50

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

NetApp Inc has a consensus price target of $121.5 based on the ratings of 23 analysts. The high is $155 issued by Susquehanna on August 26, 2024. The low is $80 issued by Deutsche Bank on August 21, 2023. The 3 most-recent analyst ratings were released by Loop Capital, Stifel, and JP Morgan on September 3, 2024, August 29, 2024, and August 29, 2024, respectively. With an average price target of $145.67 between Loop Capital, Stifel, and JP Morgan, there's an implied 20.53% upside for NetApp Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
6
1
May
3
Jun
5
1
Aug
0
0
0
0
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Loop Capital
Stifel
JP Morgan
Barclays
UBS

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 Loop Capital on September 3, 2024. The analyst firm set a price target for $150.00 expecting NTAP to rise to within 12 months (a possible 24.11% upside). 50 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 Loop Capital, and NetApp upgraded their buy rating.

Q

When was the last upgrade for NetApp (NTAP)?

A

The last upgrade for NetApp Inc happened on September 3, 2024 when Loop Capital raised their price target to $150. Loop Capital 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 September 3, 2024 so you should expect the next rating to be made available sometime around September 3, 2025.

Q

Is the Analyst Rating NetApp (NTAP) correct?

A

While ratings are subjective and will change, the latest NetApp (NTAP) rating was a upgraded with a price target of $121.00 to $150.00. The current price NetApp (NTAP) is trading at is $120.86, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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