NetApp (NTAP) Stock Forecast for 2024–2028. Sell or Buy Prediction







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NetApp (NTAP) Stock Forecast for 2024–2028. Sell or Buy?

Updated: July 19, 2024 (13:48)

Sector: Technology

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

Latest session on the 18th of July for
NetApp, Inc. is negative
Trading Volume: 1776698
Open: 128.32 /  High: 128.56 /  Low: 125.09
What analysts predict: $127.37
52-week High/Low: $135.01 / $69.8

50/200 Day Moving Average: $121.58 / $97.21

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 2024, 2025, 2026, 2027, 2028. How much will one NetApp share be worth in 2024 - 2028?

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, 2024, 2025, 2026, 2027 and 2028) 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.

Unlocking the Potential: A Forward Look at NTAP Stock Predictions

Trend: Bullish
May 14, 2024

Predictive analysis of NetApp (NTAP) stock rates paints a promising picture, setting the financial stage for an insightful exploration into the tech giant's future. Key factors primed to influence NTAP stock price predictions include the company's innovative market positioning with products like Amazon FSx for NetApp ONTAP and NetApp BlueXP, alongside its robust financial health. Analysts, drawing upon these strongholds, project a buoyant trajectory for NTAP stock prices, concentrating on the company's knack for surpassing growth projections and capitalizing on emerging market opportunities.

Deciphering NTAP's Financial Success: The Analyst's Toolkit

To forecast the company's stock rates with higher precision, experts meticulously examine NTAP's robust financial performance, liquidity, and solid profitability as foundational elements. They consider the undervaluation indicated by discounted cash flow (DCF) models and relative valuation metrics as a beacon for potential upside. However, acknowledging risks associated with the hybrid cloud market segment and the ongoing necessity for innovation remains crucial in crafting a rounded prediction.

In summary, factors like growth potential, financial solidity, and innovative prowess stand at the fore of propelling NTAP stock forecasts. By leveraging these elements, analysts can craft nuanced predictions, steering investors towards informed decisions on whether NTAP is a good stock to buy or sell. As we look towards the future, the call to buy or sell NetApp stock hinges on continuous monitoring of these key indicators.

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About author

Unlocking Fortunes: The Bright Horizon of NTAP Stocks

Trend: Bullish
Mar 05, 2024

An in-depth evaluation of NetApp (NTAP) stock forecasts reveals an intriguing narrative of technological advancement and market dynamics, poised to redefine the investing landscape. As we dissect the multifaceted factors set to invigorate the NTAP stock prices, a compelling plot unfolds, driven by the burgeoning AI revolution and a spectacular rebound in NAND Flash markets. Analysts and investors alike are on the edge of their seats, anticipating the next big leap in NTAP's valuation.

The Catalysts of Change

At the heart of the excitement around the NTAP stock price prediction are three pivotal elements:

  • The surge in demand for data management solutions, highlighted by NetApp’s impressive track record in billings, revenue, and all-flash array revenue, clearly demonstrates the company's upward mobility into FY25.
  • The synchronous growth of the AI market and a NAND Flash resurgence spell a golden era for NetApp. The company's significant customer traction within the AI domain and its strategic positioning to flourish alongside NAND Flash’s recovery amplify the optimism in NTAP stock forecasts.
  • Lastly, NetApp's undervaluation in comparison to its peers beckons a ripe opportunity for investors. The gap in P/E and EV/Sales ratios signals an undervalued gem, making NetApp stock a compelling "buy" consideration.

Leveraging these insights, analysts can construct a nuanced NTAP stock price target, harnessing the confluence of AI’s ascent and NAND Flash’s revival, alongside impeccable financial performance. The dynamics at play not only underscore NetApp's prowess in capitalizing on technology trends but also spotlight the NTAP stock as a considerable investment vehicle in the evolving digital economy.

In a realm where precision meets opportunity, dissecting the intricate tapestry of factors influencing NTAP stock price prediction becomes not just an exercise in financial forecasting but a strategic maneuver to unlock potential wealth. As the narrative around NTAP unfolds, the watchful eyes of investors and analysts are keen to chart the course of this burgeoning titan through the turbulent yet promising waters of tomorrow's market.

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About author

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., %
Jul 21 126.33 125.89 127.26 1.09
Jul 22 125.90 125.50 126.49 0.79
Jul 23 125.07 124.34 125.46 0.90
Jul 24 125.68 125.05 126.57 1.22
Jul 25 126.56 126.14 127.29 0.91
Jul 26 127.07 126.80 127.55 0.59
Jul 27 127.31 126.42 128.28 1.47
Jul 28 126.93 126.51 127.42 0.72
Jul 29 128.02 127.06 128.80 1.37
Jul 30 126.80 126.22 127.35 0.89
Jul 31 125.64 124.74 126.29 1.24
Aug 01 126.54 125.82 127.53 1.36
Aug 02 127.40 126.87 128.34 1.17
Aug 03 127.96 127.40 128.90 1.18
Aug 04 128.60 127.74 129.26 1.19
Aug 05 129.82 128.89 130.38 1.16
Aug 06 130.98 130.13 131.92 1.38
Aug 07 132.09 131.43 132.45 0.77
Aug 08 131.22 130.89 132.20 1.00
Aug 09 130.17 129.87 130.99 0.86
Aug 10 129.62 128.69 130.14 1.13
Aug 11 129.25 128.25 130.07 1.42
Aug 12 130.46 129.60 130.97 1.06
Aug 13 130.96 130.20 131.98 1.37
Aug 14 131.06 130.51 131.91 1.08
Aug 15 131.31 130.65 132.07 1.09
Aug 16 131.47 130.56 132.35 1.37
Aug 17 131.42 130.86 132.22 1.03
Aug 18 131.90 131.59 132.88 0.98
Aug 19 130.91 130.52 131.90 1.05

NetApp Daily Price Targets


NetApp Stock Forecast 07-21-2024.

Forecast target price for 07-21-2024: $126.33.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.082%.
Pessimistic target level: 125.89
Optimistic target level: 127.26

NetApp Stock Forecast 07-22-2024.

Forecast target price for 07-22-2024: $125.90.
Negative dynamics for NetApp shares will prevail with possible volatility of 0.786%.
Pessimistic target level: 125.50
Optimistic target level: 126.49

NetApp Stock Forecast 07-23-2024.

Forecast target price for 07-23-2024: $125.07.
Negative dynamics for NetApp shares will prevail with possible volatility of 0.887%.
Pessimistic target level: 124.34
Optimistic target level: 125.46

NetApp Stock Forecast 07-24-2024.

Forecast target price for 07-24-2024: $125.68.
Positive dynamics for NetApp shares will prevail with possible volatility of 1.202%.
Pessimistic target level: 125.05
Optimistic target level: 126.57

NetApp Stock Forecast 07-25-2024.

Forecast target price for 07-25-2024: $126.56.
Positive dynamics for NetApp shares will prevail with possible volatility of 0.904%.
Pessimistic target level: 126.14
Optimistic target level: 127.29

NetApp Stock Forecast 07-26-2024.

Forecast target price for 07-26-2024: $127.07.
Positive dynamics for NetApp shares will prevail with possible volatility of 0.587%.
Pessimistic target level: 126.80
Optimistic target level: 127.55

NTAP (NTAP) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 127.88 118.90 132.25 10.09
Sep. 132.14 123.22 139.27 11.53
Oct. 137.96 131.76 145.17 9.24
Nov. 129.65 126.38 134.31 5.91
Dec. 134.55 128.25 139.03 7.75

NetApp forecast for this year


NetApp Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $127.879. Pessimistic: $118.90. Optimistic: $132.25


NetApp Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $132.137. Pessimistic: $123.22. Optimistic: $139.27


NetApp Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $137.964. Pessimistic: $131.76. Optimistic: $145.17


NetApp Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $129.645. Pessimistic: $126.38. Optimistic: $134.31


NetApp Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $134.546. Pessimistic: $128.25. Optimistic: $139.03



NetApp (NTAP) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 142.66 132.90 147.92 10.16
Feb 140.73 134.27 147.83 9.17
Mar 136.55 130.16 139.50 6.70
Apr 133.24 124.84 136.83 8.76
May 126.76 119.69 130.98 8.62
Jun 119.34 111.29 125.36 11.22
Jul 124.18 117.58 128.31 8.36
Aug 127.20 119.41 134.52 11.23
Sep 122.27 118.64 127.23 6.75
Oct 121.61 113.40 129.49 12.42
Nov 121.07 112.89 123.24 8.40
Dec 116.16 108.43 118.25 8.31

NetApp (NTAP) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 114.18 108.63 122.09 11.03
Feb 113.46 109.37 116.93 6.46
Mar 107.13 101.63 114.65 11.35
Apr 104.43 100.29 107.81 6.97
May 106.49 102.09 109.37 6.66
Jun 110.23 102.99 113.11 8.95
Jul 108.94 104.82 116.20 9.79
Aug 110.81 106.92 116.69 8.38
Sep 109.81 103.78 113.86 8.85
Oct 106.45 101.85 113.54 10.29
Nov 102.23 98.64 109.50 9.92
Dec 100.21 98.31 104.36 5.79

NetApp (NTAP) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 103.64 96.55 110.35 12.51
Feb 106.81 100.37 111.71 10.15
Mar 114.50 108.62 117.69 7.70
Apr 112.02 104.26 115.25 9.54
May 111.62 109.01 113.93 4.32
Jun 119.26 111.31 122.58 9.19
Jul 118.93 113.47 125.78 9.79
Aug 118.61 110.39 126.30 12.59
Sep 129.07 123.61 132.33 6.58
Oct 128.38 122.25 131.38 6.95
Nov 129.07 124.77 137.43 9.21
Dec 122.91 120.59 127.01 5.05

NetApp (NTAP) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 121.81 113.15 129.81 12.84
Feb 121.04 115.48 129.43 10.77
Mar 121.58 117.10 123.99 5.56
Apr 116.55 111.62 121.69 8.28
May 126.62 118.99 134.37 11.45
Jun 121.38 116.57 129.79 10.18
Jul 126.40 119.35 133.46 10.57
Aug 126.74 124.35 130.51 4.72
Sep 125.15 118.39 132.36 10.55
Oct 130.10 126.71 137.71 7.99
Nov 120.15 114.31 122.85 6.95
Dec 125.23 119.94 131.54 8.83

NetApp information and performance

NetApp Address

1395 CROSSMAN AVENUE, SUNNYVALE, CA, US

Market Capitalization: 27 081 464 000 $

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: 1 489 000 000 $

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

PE Ratio: 27.52

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: 0.0159

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

EPS: 4.63

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

Quarterly Earnings Growth YOY: 0.224
Quarterly Revenue Growth YOY: 0.055
Trailing PE: 27.52

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: 14.71

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

EV To Revenue: 3.357

Enterprise Value (EV) /Revenue

EV To EBITDA: 13.67

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

Shares Outstanding: 205802000

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 07/05/2024. The next scheduled payment will be on 07/24/2024. 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.