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

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

Last update: June 8, 2023 (10:14)

Sector: Technology

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

What analysts predict: $70.33
52-week High/Low: $77.25 / $57.16

50/200 Day Moving Average: $64.29 / $66.16

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 daily forecast for a month

Date Target Pes. Opt. Vol., %
Jun 10 72.86 72.03 73.45 1.97
Jun 11 73.41 72.35 74.43 2.87
Jun 12 73.49 73.19 74.43 1.70
Jun 13 73.12 72.80 73.45 0.89
Jun 14 73.05 72.46 73.54 1.49
Jun 15 73.48 72.60 74.06 2.00
Jun 16 73.51 72.88 73.95 1.47
Jun 17 73.70 73.10 74.23 1.54
Jun 18 72.43 72.00 72.71 1.00
Jun 19 71.47 71.10 71.78 0.96
Jun 20 71.86 71.25 72.71 2.05
Jun 21 72.27 71.25 72.59 1.88
Jun 22 72.16 71.44 72.96 2.13
Jun 23 71.99 71.42 72.66 1.74
Jun 24 72.27 71.34 72.82 2.08
Jun 25 72.77 72.23 73.46 1.70
Jun 26 72.13 71.28 73.14 2.60
Jun 27 72.20 71.68 72.61 1.29
Jun 28 71.94 70.99 72.59 2.26
Jun 29 70.82 69.95 71.29 1.91
Jun 30 70.80 70.37 71.23 1.21
Jul 01 70.44 70.18 70.87 0.98
Jul 02 71.08 70.34 72.02 2.38
Jul 03 71.66 71.36 72.04 0.96
Jul 04 71.08 70.13 72.00 2.66
Jul 05 70.82 70.39 71.22 1.18
Jul 06 70.27 69.75 70.61 1.23
Jul 07 70.63 69.64 71.47 2.63
Jul 08 70.20 69.83 70.79 1.38
Jul 09 70.64 69.80 71.59 2.57

NetApp Daily Price Targets


NetApp Stock Forecast 06-10-2023.

Forecast target price for 06-10-2023: $72.86.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.928%.
Pessimistic target level: 72.03
Optimistic target level: 73.45

NetApp Stock Forecast 06-11-2023.

Forecast target price for 06-11-2023: $73.41.
Positive dynamics for NetApp shares will prevail with possible volatility of 2.787%.
Pessimistic target level: 72.35
Optimistic target level: 74.43

NetApp Stock Forecast 06-12-2023.

Forecast target price for 06-12-2023: $73.49.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.671%.
Pessimistic target level: 73.19
Optimistic target level: 74.43

NetApp Stock Forecast 06-13-2023.

Forecast target price for 06-13-2023: $73.12.
Negative dynamics for NetApp shares will prevail with possible volatility of 0.878%.
Pessimistic target level: 72.80
Optimistic target level: 73.45

NetApp Stock Forecast 06-14-2023.

Forecast target price for 06-14-2023: $73.05.
Negative dynamics for NetApp shares will prevail with possible volatility of 1.466%.
Pessimistic target level: 72.46
Optimistic target level: 73.54

NetApp Stock Forecast 06-15-2023.

Forecast target price for 06-15-2023: $73.48.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.964%.
Pessimistic target level: 72.60
Optimistic target level: 74.06

NTAP (NTAP) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Jul. 74.61 72.66 77.10 5.75
Aug. 71.99 69.47 76.98 9.76
Sep. 75.10 71.45 78.68 9.19
Oct. 77.87 76.33 81.87 6.76
Nov. 79.49 74.41 83.06 10.42
Dec. 81.49 77.16 83.98 8.12

NetApp forecast for this year


NetApp Stock Prediction for Jul 2023

An uptrend is forecast for this month with an optimal target price of $74.6108. Pessimistic: $72.66. Optimistic: $77.10


NetApp Stock Prediction for Aug 2023

An downtrend is forecast for this month with an optimal target price of $71.9919. Pessimistic: $69.47. Optimistic: $76.98


NetApp Stock Prediction for Sep 2023

An uptrend is forecast for this month with an optimal target price of $75.102. Pessimistic: $71.45. Optimistic: $78.68


NetApp Stock Prediction for Oct 2023

An uptrend is forecast for this month with an optimal target price of $77.8732. Pessimistic: $76.33. Optimistic: $81.87


NetApp Stock Prediction for Nov 2023

An uptrend is forecast for this month with an optimal target price of $79.4852. Pessimistic: $74.41. Optimistic: $83.06


NetApp Stock Prediction for Dec 2023

An uptrend is forecast for this month with an optimal target price of $81.4882. Pessimistic: $77.16. Optimistic: $83.98



NetApp (NTAP) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 82.81 79.90 88.25 9.46
Feb 85.86 80.69 88.88 9.22
Mar 86.02 82.38 90.35 8.83
Apr 88.11 84.86 89.77 5.48
May 80.34 77.59 82.72 6.21
Jun 81.13 77.19 84.13 8.25
Jul 87.12 82.49 89.86 8.20
Aug 84.06 82.25 86.71 5.15
Sep 91.40 84.90 96.01 11.57
Oct 89.26 85.49 91.67 6.75
Nov 88.14 86.15 91.55 5.89
Dec 94.80 89.17 100.01 10.84

NetApp (NTAP) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 97.70 93.13 100.96 7.75
Feb 91.11 88.40 97.50 9.33
Mar 94.96 90.60 97.44 7.02
Apr 91.46 89.48 97.55 8.27
May 83.23 78.96 86.52 8.74
Jun 83.75 79.08 87.82 9.96
Jul 90.01 84.50 94.22 10.32
Aug 91.22 88.27 93.11 5.20
Sep 91.71 86.68 95.43 9.17
Oct 95.68 92.06 102.05 9.79
Nov 96.02 91.87 102.33 10.22
Dec 88.24 84.67 92.37 8.34

NetApp (NTAP) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 84.99 79.48 89.42 11.12
Feb 83.76 81.35 85.42 4.77
Mar 89.27 85.17 93.52 8.93
Apr 86.78 80.84 91.07 11.23
May 91.15 89.26 95.58 6.61
Jun 91.40 85.31 97.48 12.49
Jul 88.35 82.63 93.68 11.80
Aug 90.50 85.04 96.20 11.60
Sep 93.67 90.56 95.36 5.04
Oct 93.08 90.91 96.27 5.57
Nov 90.32 84.79 96.66 12.28
Dec 86.99 80.88 92.94 12.97

NetApp (NTAP) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 88.16 85.23 89.91 5.21
Feb 89.11 84.38 91.60 7.88
Mar 87.35 82.24 89.39 8.00
Apr 92.77 88.93 95.95 7.31
May 92.27 86.63 98.00 11.61
Jun 89.37 83.82 92.26 9.15
Jul 88.48 86.33 92.14 6.31
Aug 88.08 84.28 91.81 8.20
Sep 92.28 88.55 98.76 10.34
Oct 96.02 92.74 97.84 5.21
Nov 91.87 85.59 95.93 10.77
Dec 84.68 79.65 89.56 11.06

NetApp information and performance

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 Address

1395 CROSSMAN AVENUE, SUNNYVALE, CA, US

Market Capitalization: 14 780 835 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 1 330 000 000 $

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

PE Ratio: 11.93

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: 0.0286

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

EPS: 5.79

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

Quarterly Earnings Growth YOY: -0.727
Quarterly Revenue Growth YOY: -0.055
Trailing PE: 11.93

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: 12.08

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

EV To Revenue: 2.065

Enterprise Value (EV) /Revenue

EV To EBITDA: 9.36

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

Shares Outstanding: 213905000

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 04/05/2023. The next scheduled payment will be on 04/26/2023. 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.