NetApp (NTAP) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

NetApp (NTAP) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 2, 2023 (10:14)

Sector: Technology

The share price of NetApp, Inc. (NTAP) now

What analysts predict: $80.9
52-week High/Low: $91.35 / $56.4

50/200 Day Moving Average: $75.64 / $71.62

This figure corresponds to the Average Price over the previous 50/200 days. For NetApp stocks, the 50-day moving average is the support level today.

For NetApp stocks, the 200-day moving average is the support level today.

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 2023, 2024, 2025, 2026, 2027. How much will one NetApp share be worth in 2023 - 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, 2023, 2024, 2025, 2026 and 2027) 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. 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.

NetApp daily forecast for a month

Date Target Pes. Opt. Vol., %
Dec 04 93.41 92.76 94.49 1.87
Dec 05 93.88 92.95 94.49 1.65
Dec 06 93.39 92.05 94.55 2.72
Dec 07 92.32 91.00 93.35 2.57
Dec 08 92.32 91.27 93.60 2.55
Dec 09 92.78 91.53 93.18 1.81
Dec 10 93.20 92.63 94.07 1.56
Dec 11 92.48 92.15 92.81 0.72
Dec 12 93.48 92.27 93.83 1.70
Dec 13 92.18 91.20 93.48 2.49
Dec 14 92.63 91.61 93.93 2.53
Dec 15 91.91 90.85 93.12 2.49
Dec 16 92.64 91.72 93.71 2.16
Dec 17 92.77 92.37 93.71 1.45
Dec 18 93.19 92.75 94.18 1.54
Dec 19 92.64 91.90 93.27 1.49
Dec 20 91.82 90.81 92.51 1.87
Dec 21 92.08 91.39 93.03 1.80
Dec 22 90.46 90.10 91.49 1.54
Dec 23 90.97 89.80 91.47 1.86
Dec 24 90.77 89.61 91.83 2.48
Dec 25 90.93 90.31 91.47 1.29
Dec 26 91.34 90.40 91.79 1.53
Dec 27 90.55 90.08 91.74 1.85
Dec 28 91.73 91.15 92.32 1.29
Dec 29 92.55 91.95 93.82 2.03
Dec 30 91.17 89.92 92.05 2.37
Dec 31 90.17 89.78 91.43 1.84
Jan 01 88.63 88.00 89.14 1.29
Jan 02 89.23 88.80 89.76 1.09

NetApp Daily Price Targets


NetApp Stock Forecast 12-04-2023.

Forecast target price for 12-04-2023: $93.41.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.833%.
Pessimistic target level: 92.76
Optimistic target level: 94.49

NetApp Stock Forecast 12-05-2023.

Forecast target price for 12-05-2023: $93.88.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.627%.
Pessimistic target level: 92.95
Optimistic target level: 94.49

NetApp Stock Forecast 12-06-2023.

Forecast target price for 12-06-2023: $93.39.
Negative dynamics for NetApp shares will prevail with possible volatility of 2.649%.
Pessimistic target level: 92.05
Optimistic target level: 94.55

NetApp Stock Forecast 12-07-2023.

Forecast target price for 12-07-2023: $92.32.
Negative dynamics for NetApp shares will prevail with possible volatility of 2.510%.
Pessimistic target level: 91.00
Optimistic target level: 93.35

NetApp Stock Forecast 12-08-2023.

Forecast target price for 12-08-2023: $92.32.
Negative dynamics for NetApp shares will prevail with possible volatility of 2.486%.
Pessimistic target level: 91.27
Optimistic target level: 93.60

NetApp Stock Forecast 12-09-2023.

Forecast target price for 12-09-2023: $92.78.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.774%.
Pessimistic target level: 91.53
Optimistic target level: 93.18

NTAP (NTAP) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Dec. 88.09 85.47 93.96 9.03

NetApp forecast for this year


NetApp Stock Prediction for Dec 2023

An downtrend is forecast for this month with an optimal target price of $88.0895. Pessimistic: $85.47. Optimistic: $93.96



NetApp (NTAP) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 90.07 88.45 92.58 4.47
Mar 90.80 84.43 92.52 8.74
Mar 93.66 91.89 97.03 5.30
Apr 96.61 93.31 101.57 8.13
May 101.13 96.49 102.95 6.28
Jun 98.04 91.16 104.13 12.46
Jul 96.54 91.93 101.40 9.34
Aug 97.49 93.19 103.64 10.08
Sep 96.18 92.37 100.42 8.02
Oct 88.13 83.69 94.16 11.12
Nov 80.20 77.02 83.88 8.17
Dec 84.67 81.85 89.09 8.13

NetApp (NTAP) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 85.43 83.43 88.97 6.22
Mar 87.97 84.96 93.75 9.37
Mar 90.19 86.21 95.14 9.38
Apr 96.28 91.60 102.17 10.35
May 101.04 96.68 104.04 7.08
Jun 106.95 104.26 108.97 4.33
Jul 108.20 104.70 113.95 8.12
Aug 104.11 101.77 110.58 7.97
Sep 102.33 96.62 104.64 7.66
Oct 99.29 94.11 101.97 7.71
Nov 100.28 97.03 104.43 7.09
Dec 109.30 107.14 113.43 5.55

NetApp (NTAP) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 114.22 107.23 121.42 11.68
Mar 121.21 116.41 125.14 6.97
Mar 110.63 103.06 116.60 11.61
Apr 114.91 109.33 122.36 10.65
May 116.15 109.67 123.89 11.48
Jun 107.27 100.41 110.74 9.33
Jul 113.15 106.43 119.16 10.68
Aug 108.57 104.96 111.89 6.20
Sep 108.08 105.36 114.89 8.30
Oct 110.52 106.44 114.20 6.79
Nov 108.82 101.28 116.27 12.89
Dec 106.47 103.41 109.06 5.18

NetApp (NTAP) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 108.77 105.35 112.49 6.35
Mar 103.88 97.80 108.83 10.14
Mar 100.33 98.43 104.21 5.55
Apr 97.53 94.72 104.11 9.02
May 100.77 98.78 107.21 7.87
Jun 99.60 94.40 103.90 9.15
Jul 97.44 91.04 102.97 11.58
Aug 103.67 97.61 106.75 8.57
Sep 111.79 105.35 115.91 9.11
Oct 116.92 114.08 119.44 4.49
Nov 118.18 115.20 123.93 7.04
Dec 118.18 110.52 121.16 8.78

NetApp information and performance

NetApp Address

1395 CROSSMAN AVENUE, SUNNYVALE, CA, US

Market Capitalization: 16 308 665 000 $

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: 1 303 000 000 $

EBITDA of NetApp is earnings before interest, income tax and depreciation of assets.

PE Ratio: 14.15

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.062

Price/earnings to growth

DPS: 2

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.

DY: 0.0256

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 5.52

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.281
Quarterly Revenue Growth YOY: -0.101
Trailing PE: 14.15

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 PE: 13.62

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.581

Enterprise Value (EV) /Revenue

EV To EBITDA: 12.3

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 208791000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

NetApp (NTAP) stock dividend

NetApp last paid dividends on 10/05/2023. The next scheduled payment will be on 10/25/2023. The amount of dividends is $2 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 Factor:

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.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.