NetApp, Inc. (NTAP) Stock Forecast
NTAP analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.75 / 5 from 20 analysts
- Price target
- $211.69 average of analyst targets
- Upside to target
- +3.9% from the latest close
- Next earnings
- November 24, 2026 EPS estimate $2.13
- 52-week range
- $94.11 – $239.18
NTAP analyst ratings
20 analystsNumber of analysts at each rating.
NTAP price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
NTAP earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Oct '26) | $2.60 | $2.47 | $2.72 | $2.05 | +26.8% | 18 |
| Next quarter (Jan '27) | $2.37 | $2.17 | $2.82 | $2.12 | +11.9% | 18 |
| Current fiscal year (FY2027) | $10.01 | $9.84 | $11.00 | $8.13 | +23.1% | 19 |
| Next fiscal year (FY2028) | $11.16 | $10.55 | $12.72 | $10.01 | +11.5% | 19 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
NTAP revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Oct '26) | $2.10B | $2.07B | $2.17B | +23.3% | 16 |
| Next quarter (Jan '27) | $1.98B | $1.90B | $2.09B | +15.5% | 16 |
| Current fiscal year (FY2027) | $8.18B | $8.09B | $8.63B | +18.1% | 17 |
| Next fiscal year (FY2028) | $8.65B | $7.93B | $9.53B | +5.8% | 18 |
NTAP EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
NTAP revenue: reported and forecast
NTAP EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Oct '26) | $2.14 | $2.15 | $2.60 | $2.60 | $2.60 | +21.6% | 1 up · 0 down |
| Next quarter (Jan '27) | $2.20 | $2.25 | $2.37 | $2.37 | $2.37 | +7.6% | 1 up · 0 down |
| Current fiscal year (FY2027) | $8.90 | $8.97 | $10.00 | $10.01 | $10.01 | +12.4% | 18 up · 0 down |
| Next fiscal year (FY2028) | $9.84 | $9.96 | $11.05 | $11.16 | $11.16 | +13.3% | 4 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
NTAP earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; NTAP beat in 12 of 12.
What analysts expect from NTAP
20 analysts cover NetApp; their consensus rating is buy (3.75 on a 1–5 scale, where 5 is a strong buy). The average price target is $211.69, 3.9% above the latest close of $203.80. Analysts expect earnings of $10.01 per share for FY2027, +23.1% from a year earlier. For FY2028 the average estimate is $11.16 per share on revenue of $8.7 billion. NetApp beat the EPS estimate in 12 of the last 12 quarters.
Related: NTAP income statement, NTAP key metrics, NTAP chart. See the NTAP stock overview for the latest quote and news.
NTAP forecast FAQ
What is NetApp's price target?
The average analyst price target for NetApp is $211.69, 3.9% above the latest close of $203.80.
Is NetApp a buy, hold or sell?
Of 20 analysts covering NetApp, 7 rate it a strong buy, 1 a buy, 12 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is NetApp's EPS forecast?
Analysts forecast $10.01 per share for FY2027 (range $9.84 to $11.00); for FY2028 the estimate is $11.16.
What is NetApp's revenue forecast?
The average revenue estimate for FY2027 is $8.2 billion, growth of 18.1%; for FY2028 it is $8.7 billion.
When does NetApp report earnings?
NetApp is expected to report results for the quarter ending October 31, 2026 on November 24, 2026; the EPS estimate is $2.13.
Does NetApp usually beat earnings estimates?
NetApp reported EPS at or above the analyst estimate in 12 of the last 12 quarters.