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NetApp (NTAP) Stock Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 11, 2024 (03:34)
Sector: TechnologyThe share price of NetApp, Inc. (NTAP) now
Analysts predictions
Full report|
This Week
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Neutral | Opinions: Na |
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Previous Week
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Bullish | Opinions: 1 (1/0/0) |
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Two Weeks Ago
|
Bullish | Opinions: 1 (1/0/0) |
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Three Weeks Ago
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Neutral | Opinions: 1 |
Are you interested in NetApp, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the NetApp stock price in 2025, 2026, 2027. How much will one NetApp share be worth in 2025 - 2027?
When should I take profit in NetApp stock? When should I record a loss on NetApp stock? What are analysts' forecasts for NetApp stock? What is the future of NetApp stock? We forecast NetApp stock performance using neural networks based on historical data on NetApp stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
NetApp stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2025, 2026, 2027, and ) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for NetApp shares. This happens once a day.
Historical and forecast chart of NetApp stock
The chart below shows the historical price of NetApp stock and a prediction chart for the next month.
For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast,
and Weighted Average Best Forecast. Detailed values for the NetApp stock price can be found in the table below.
Long-term forecasts by years.
NetApp, Inc. Analysts predictions review
As of now, Panda has combed through 3 analytical articles which are directly related to NTAP from the last 30 days. Out of these, 2 clearly showcase a bullish trend, while 0 see a bearish trend as the more likely scenario, and 1 stay neutral.
To identify the dominant trend, we took into account analytical articles from the past 30 days, spanning from Nov 19, 2024 to Nov 29, 2024.
NetApp Shines with Elevated Earnings Outlook and AI-Driven Growth
In his latest analytical financial article, Gary Alexander maintains a bullish outlook on NTAP stock, signaling confidence in its upward trajectory. As a contributor since 2017, Alexander has amassed an impressive portfolio with 2,892 publications, indicative of his dedication and prolific nature in the financial discourse. His insights have garnered a substantial following of 29,505 subscribers, underscoring his influence and the widespread trust in his analyses. With a ratio of publications pointing to consistent engagement and a credible track record, his viewpoints are highly respected. The metrics suggest that his expert opinions are not only popular but also highly authoritative in financial circles, offering readers a well-grounded perspective on NTAP's market potential.
Key Theses of the Review
- NetApp offers growth prospects with a reasonable valuation despite macroeconomic challenges.
- The company raised its full-year EPS guidance, showcasing strong financial performance.
- NetApp trades cheaper than its competitors on both a P/E and revenue basis.
- The recent lull in the stock price presents a buying opportunity due to robust fundamentals.
Factors Influencing NTAP Stock Price
AI Tailwinds
The adoption of AI data lake modernization projects significantly drives demand for NetApp's storage solutions, as evidenced by consistent double-digit ARR growth. This highlights a strong industry tailwind which could propel higher earnings and stock valuation.
Storage as a Service Model
The shift towards hybrid cloud storage offers recurring revenue streams with high margins, aligning with industry trends towards cloud adoption. This model supports sustainable revenue and margin expansion, positively impacting stock stability.
Margin Expansion
NetApp's strategic supply chain management through forward-purchasing has protected margins despite SSD price fluctuations, maintaining a gross margin of 72%. However, changes in SSD pricing dynamics could alter margin forecasts.
Earnings Beat and Guidance Raise
Raising the full-year EPS guidance to $7.20-$7.40 signals robust financial health and investor confidence, suggesting potential stock price appreciation. This represents a direct reflection of the company's positive business fundamentals.
Risk of Commoditization
The storage market is viewed as commoditized with intense competition, which might pressure NetApp's pricing power and revenue growth. While this risk persists, NetApp's ability to gain market share mitigates some concerns.
Review the original Analysis
NetApp Navigates Through AI Partnerships and Valuation Challenges
In this insightful review of the analytical article by Grassroots Trading, the author maintains a Neutral stance on NTAP stock, providing a balanced perspective for investors. With 235 publications since 2016 and a growing subscriber base of 713, Grassroots Trading demonstrates considerable productivity and engagement in the financial community. The author exhibits good credibility, reflected in their reliable analyses and well-regarded opinions. Such credibility is validated by a consistent output of insightful articles over the span of nearly eight years, which underscores their ability to maintain relevance and authority in a rapidly changing market landscape. Readers can trust that the viewpoints presented are grounded in a robust understanding of financial trends and supported by extensive experience and knowledge.
Key Theses from the Review
- NetApp is transitioning from traditional storage to intelligent data infrastructure.
- The company's stock is currently mildly overvalued, with solid profitability but lagging revenue growth compared to sector peers.
- NetApp's partnerships in AI and the AFF A-series are strengthening its market position.
- The company should be held for now due to its initiatives and profitability, despite economic risks and competition.
Factors Influencing NetApp's Stock Price
Transition to Intelligent Data Infrastructure
The shift positions NetApp to add value through smarter data use, which may attract new customers and stabilize their revenue streams. This move differentiates the company from competitors stuck with older methods, providing a competitive edge.
Profitability Metrics
NetApp's strong profitability, highlighted by an EPS yield of 5.81% and high EBITDA growth, indicates solid financial health and operational efficiency. However, continued profitability is crucial to maintain investor confidence amidst moderate earnings growth and economic uncertainty.
Partnerships in AI
NetApp's collaboration with Taiwanese manufacturers for AI-ready infrastructure positions the company to benefit from expanding AI applications, a major market driver. Such strategic moves could lead to increased revenue and market share, making it significant for stock valuation.
Competition and Economic Risks
The market cyclicality and competition from giants like Dell and HPE pose challenges that could impact NetApp's ability to maintain its market position and growth. While its strategic initiatives are promising, external economic factors and stiff competition could limit upside potential.
Current Stock Valuation
Being mildly overvalued, with a P/E ratio higher than its historical average, suggests investor optimism but also implies limited room for price growth unless the company's growth pace accelerates. This valuation poses a risk if earnings expectations aren't met.
Review the original Analysis
Commentary
NetApp is forging a path in the competitive tech landscape by transitioning towards intelligent data infrastructure, significantly aided by strategic partnerships in AI. Although these moves strengthen its market positioning, NetApp’s current stock valuation seems a bit elevated, limiting immediate upside potential. The company enjoys solid profitability metrics, which are a testimony to its operational efficiency. However, it's the strategic collaborations with AI-ready infrastructure that could serve as pivotal catalysts for revenue growth, marking this phase of transition as crucial.
In the short term, the average influence strength of these factors suggests relative stability for NetApp's stock, with an anticipated neutral trend over the next 15 days. Looking ahead, the coming month could see slightly more movement influenced by external competition and economic risks, demanding close attention to profitability and growth expectations. Investors might consider holding NetApp for now, as strategic initiatives can counteract inherent risks and provide medium-term potential.
NetApp, Inc. provides software, systems and services for managing and exchanging data locally and in private and public clouds around the world. The company offers cloud data services including NetApp Cloud Volumes Service for AWS, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Global File Cache, NetApp SaaS Backup, NetApp Cloud Manager, NetApp Fabric Orchestrator, and NetApp Cloud Insights.
Trending Themes in the Technology Sector
NetApp daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec 13 | 120.42 | 119.69 | 120.71 | 0.85 |
| Dec 14 | 120.59 | 120.12 | 121.55 | 1.19 |
| Dec 15 | 119.64 | 118.90 | 120.57 | 1.41 |
| Dec 16 | 119.59 | 119.33 | 120.36 | 0.86 |
| Dec 17 | 120.70 | 120.05 | 121.12 | 0.89 |
| Dec 18 | 121.29 | 120.49 | 122.13 | 1.36 |
| Dec 19 | 121.15 | 120.55 | 121.94 | 1.15 |
| Dec 20 | 121.45 | 120.88 | 122.17 | 1.07 |
| Dec 21 | 121.43 | 120.82 | 122.08 | 1.05 |
| Dec 22 | 121.75 | 120.95 | 122.01 | 0.88 |
| Dec 23 | 121.49 | 121.06 | 122.07 | 0.83 |
| Dec 24 | 121.56 | 120.79 | 122.26 | 1.22 |
| Dec 25 | 122.00 | 121.41 | 122.74 | 1.09 |
| Dec 26 | 122.33 | 121.63 | 122.83 | 0.99 |
| Dec 27 | 122.22 | 121.54 | 122.55 | 0.83 |
| Dec 28 | 122.09 | 121.20 | 122.40 | 0.99 |
| Dec 29 | 121.89 | 121.17 | 122.23 | 0.87 |
| Dec 30 | 122.17 | 121.87 | 122.92 | 0.86 |
| Dec 31 | 121.89 | 121.64 | 122.76 | 0.92 |
| Jan 01 | 122.19 | 121.57 | 122.78 | 0.99 |
| Jan 02 | 122.46 | 121.66 | 122.84 | 0.97 |
| Jan 03 | 123.07 | 122.32 | 123.55 | 1.01 |
| Jan 04 | 123.58 | 122.96 | 124.48 | 1.24 |
| Jan 05 | 123.76 | 123.04 | 124.50 | 1.19 |
| Jan 06 | 124.65 | 123.78 | 125.44 | 1.34 |
| Jan 07 | 124.42 | 124.08 | 124.83 | 0.60 |
| Jan 08 | 124.03 | 123.21 | 124.41 | 0.98 |
| Jan 09 | 123.06 | 122.77 | 123.81 | 0.85 |
| Jan 10 | 122.82 | 122.25 | 123.37 | 0.91 |
| Jan 11 | 123.15 | 122.18 | 123.76 | 1.30 |
NetApp Daily Price Targets
NetApp Stock Forecast 12-13-2024.
Forecast target price for 12-13-2024: $120.42.
Negative dynamics for NetApp shares will prevail with possible volatility of 0.847%.
Pessimistic target level: 119.69
Optimistic target level: 120.71
NetApp Stock Forecast 12-14-2024.
Forecast target price for 12-14-2024: $120.59.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.181%.
Pessimistic target level: 120.12
Optimistic target level: 121.55
NetApp Stock Forecast 12-15-2024.
Forecast target price for 12-15-2024: $119.64.
Negative dynamics for NetApp shares will prevail with possible volatility of 1.389%.
Pessimistic target level: 118.90
Optimistic target level: 120.57
NetApp Stock Forecast 12-16-2024.
Forecast target price for 12-16-2024: $119.59.
Negative dynamics for NetApp shares will prevail with possible volatility of 0.855%.
Pessimistic target level: 119.33
Optimistic target level: 120.36
NetApp Stock Forecast 12-17-2024.
Forecast target price for 12-17-2024: $120.70.
Positive dynamics for NetApp shares will prevail with possible volatility of 0.887%.
Pessimistic target level: 120.05
Optimistic target level: 121.12
NetApp Stock Forecast 12-18-2024.
Forecast target price for 12-18-2024: $121.29.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.341%.
Pessimistic target level: 120.49
Optimistic target level: 122.13
NTAP (NTAP) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan. | 127.33 | 124.99 | 131.82 | 5.18 |
| Feb. | 136.20 | 129.88 | 140.45 | 7.53 |
| Mar. | 135.22 | 129.92 | 139.76 | 7.04 |
| Apr. | 133.59 | 126.01 | 140.54 | 10.34 |
| May. | 137.23 | 134.48 | 141.73 | 5.11 |
| Jun. | 140.19 | 133.80 | 146.58 | 8.72 |
| Jul. | 144.68 | 139.47 | 153.82 | 9.33 |
| Aug. | 142.94 | 139.51 | 150.95 | 7.58 |
| Sep. | 143.06 | 134.70 | 146.60 | 8.12 |
| Oct. | 134.24 | 128.87 | 138.32 | 6.83 |
| Nov. | 138.97 | 135.19 | 141.86 | 4.70 |
| Dec. | 130.08 | 121.75 | 137.98 | 11.76 |
NetApp forecast for this year
NetApp Stock Prediction for Jan 2025
An uptrend is forecast for this month with an optimal target price of $127.334. Pessimistic: $124.99. Optimistic: $131.82
NetApp Stock Prediction for Feb 2025
An uptrend is forecast for this month with an optimal target price of $136.196. Pessimistic: $129.88. Optimistic: $140.45
NetApp Stock Prediction for Mar 2025
An downtrend is forecast for this month with an optimal target price of $135.216. Pessimistic: $129.92. Optimistic: $139.76
NetApp Stock Prediction for Apr 2025
An downtrend is forecast for this month with an optimal target price of $133.593. Pessimistic: $126.01. Optimistic: $140.54
NetApp Stock Prediction for May 2025
An uptrend is forecast for this month with an optimal target price of $137.227. Pessimistic: $134.48. Optimistic: $141.73
NetApp Stock Prediction for Jun 2025
An uptrend is forecast for this month with an optimal target price of $140.191. Pessimistic: $133.80. Optimistic: $146.58
NetApp Stock Prediction for Jul 2025
An uptrend is forecast for this month with an optimal target price of $144.677. Pessimistic: $139.47. Optimistic: $153.82
NetApp Stock Prediction for Aug 2025
An downtrend is forecast for this month with an optimal target price of $142.941. Pessimistic: $139.51. Optimistic: $150.95
NetApp Stock Prediction for Sep 2025
An uptrend is forecast for this month with an optimal target price of $143.055. Pessimistic: $134.70. Optimistic: $146.60
NetApp Stock Prediction for Oct 2025
An downtrend is forecast for this month with an optimal target price of $134.243. Pessimistic: $128.87. Optimistic: $138.32
NetApp Stock Prediction for Nov 2025
An uptrend is forecast for this month with an optimal target price of $138.969. Pessimistic: $135.19. Optimistic: $141.86
NetApp Stock Prediction for Dec 2025
An downtrend is forecast for this month with an optimal target price of $130.075. Pessimistic: $121.75. Optimistic: $137.98
NetApp (NTAP) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 129.24 | 124.80 | 132.55 | 5.85 |
| Feb | 125.52 | 119.80 | 132.35 | 9.48 |
| Mar | 132.25 | 126.75 | 137.01 | 7.49 |
| Apr | 132.14 | 126.65 | 140.18 | 9.65 |
| May | 136.79 | 131.32 | 141.83 | 7.41 |
| Jun | 142.05 | 135.57 | 146.82 | 7.66 |
| Jul | 149.43 | 142.02 | 158.52 | 10.41 |
| Aug | 147.40 | 138.32 | 156.36 | 11.54 |
| Sep | 151.06 | 145.01 | 155.41 | 6.69 |
| Oct | 155.04 | 146.98 | 161.12 | 8.78 |
| Nov | 143.63 | 134.67 | 149.61 | 9.98 |
| Dec | 148.69 | 141.31 | 152.02 | 7.04 |
NetApp (NTAP) Monthly Stock Prediction for 2027
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 151.90 | 143.27 | 155.18 | 7.67 |
| Feb | 151.66 | 142.80 | 160.76 | 11.17 |
| Mar | 150.32 | 142.27 | 153.21 | 7.14 |
| Apr | 153.21 | 148.31 | 158.97 | 6.71 |
| May | 159.34 | 151.69 | 166.73 | 9.02 |
| Jun | 158.96 | 156.03 | 165.69 | 5.83 |
| Jul | 158.45 | 150.33 | 164.15 | 8.42 |
| Aug | 163.14 | 153.35 | 168.23 | 8.84 |
| Sep | 163.40 | 159.87 | 173.59 | 7.91 |
| Oct | 172.16 | 162.10 | 178.08 | 8.97 |
| Nov | 165.96 | 161.31 | 169.41 | 4.78 |
| Dec | 168.48 | 164.57 | 177.92 | 7.50 |
NetApp information and performance
1395 CROSSMAN AVENUE, SUNNYVALE, CA, US
Market capitalization of the NetApp, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of NTAP shares in the company outstanding by the market price of one share.
EBITDA of NetApp is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
NetApp (NTAP) stock dividend
NetApp last paid dividends on 01/03/2025. The next scheduled payment will be on 01/22/2025. The amount of dividends is $0 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
Commentary
NetApp has positioned itself for substantial growth, leveraging the demand for AI-driven modernization projects to boost its storage solutions. The company’s strategic shift to a storage-as-a-service model offers a recurring revenue stream that aligns well with the trend towards hybrid cloud solutions. This pivot, coupled with a significant earnings beat and increased full-year EPS guidance of $7.20-$7.40, highlights NetApp's strong financial health and potential for stock price appreciation.
The average influence of factors on NetApp's stock trend is notably positive, standing out especially in the short term with a 7.0 strength metric, which suggests a robust upward trajectory over the next 15 days. Over the coming month, this promising outlook is likely to persist, as strategic supply chain management protects margins amidst potential risks of commoditization in the competitive storage market. Investors should see the current market doldrums as a buying opportunity given NetApp's strong fundamentals and growth potential. With AI tailwinds and a solid service model, NetApp is poised to ride the bullish wave effectively.