15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 13 firms covering NetApp Inc, 3 rate it Buy or better, 9 sit at Hold, and 1 rate it Sell or worse, a hold consensus. Targets span $120.00 to $200.00, a moderate spread. The average target of $163.50 sits 6% below the current $174.58. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.14 next quarter toward $9.84 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS13 ratings
Hold
Strong Buy00%
Buy323%
Hold969%
Sell18%
Strong Sell00%
Based on 13 analysts giving stock ratings to NetApp Inc.
As of Jul, 3 of 13 firms rate NTAP a Buy (9 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
NTAP EPS & revenue forecast
EPS · NEXT QUARTER
$2.14
Range $2.05 – $2.31 · 17 analysts · +5% YoY
Next period, 17 analysts expect NetApp Inc to earn $2.14 a share (range $2.05 – $2.31), versus $2.05 a year earlier. Full-year consensus is $8.90, growing to $9.84 the year after.
REVENUE · NEXT QUARTER
$1.8B
Range $1.8B – $1.9B · 17 analysts · +8% YoY
Revenue is expected to reach $1.8B (range $1.8B – $1.9B), +7.5% year-over-year. Full-year consensus is $7.5B, rising to $7.9B next year.
Top analysts covering NetApp Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on NTAP.
#1
Samik Chatterjee
JP Morgan · Rank #47
Hold
$150.00-14.1% to target
Overall win rate
50%
+ Follow
#2
Erik Woodring
Morgan Stanley · Rank #187
Sell
$137.00-21.5% to target
Overall win rate
48%
+ Follow
#3
Nehal Chokshi
Northland Capital Markets · Rank #286
Buy
$171.00-2.1% to target
Overall win rate
30%
+ Follow
#4
AM
Asiya Merchant
Citigroup
Hold
$150.00-14.1% to target
Coverage
—
+ Follow
#5
Aaron Rakers
Wells Fargo
Hold
$180.00+3.1% to target
Coverage
—
+ Follow
NTAP stock forecast FAQ
What is NTAP's average 12-month price target?+
The 12 analysts with a live target average $163.50 for NetApp Inc over the next 12 months, ranging from a $200.00 high to a $120.00 low.
Is NTAP stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 13 analyst ratings, 3 are Buy or Strong Buy, 9 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for NTAP?+
The Street-high target is $200.00 (Argus Research), and the Street-low is $120.00 (UBS). The average of all 12 active targets is $163.50.
How many Wall Street analysts cover NTAP?+
13 analysts have an active rating on NetApp Inc, and 12 firms carry a live 12-month price target.
Who is the most accurate analyst covering NTAP?+
Among analysts who currently cover NTAP, Samik Chatterjee of JP Morgan has the strongest overall Quantellect track record (Rank #47). Their current call is Hold with a $150.00 target.
What is NetApp Inc's projected EPS for next quarter?+
The consensus estimate is $2.14 per share (range $2.05 – $2.31) across 17 analysts. Full-year EPS is projected at $8.90, rising to $9.84 the following year.
How much revenue is NetApp Inc expected to report next quarter?+
Consensus revenue is $1.8B (range $1.8B – $1.9B). Full-year revenue is projected at $7.5B, growing to $7.9B next year.
Have analysts been upgrading or downgrading NTAP lately?+
As of Jul, 3 of 13 firms rate NTAP a Buy (9 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their NTAP calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
