15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 13 firms covering NetApp Inc, 3 rate it Buy or better, 10 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $120.00 to $210.00, a moderate spread. The average target of $179.42 sits 5% below the current $189.38. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 1 to 0 over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.60 next quarter toward $10.91 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS13 ratings
Moderate Buy
Strong Buy00%
Buy323%
Hold1077%
Sell00%
Strong Sell00%
Based on 13 analysts giving stock ratings to NetApp Inc.
As of Sep, 3 of 13 firms rate NTAP a Buy (10 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
NTAP EPS & revenue forecast
EPS · NEXT QUARTER
$2.60
Range $2.47 – $2.82 · 16 analysts · +23% YoY
Next period, 16 analysts expect NetApp Inc to earn $2.60 a share (range $2.47 – $2.82), versus $2.12 a year earlier. Full-year consensus is $10.01, growing to $10.91 the year after.
REVENUE · NEXT QUARTER
$1.9B
Range $1.8B – $2.0B · 16 analysts · +14% YoY
Revenue is expected to reach $1.9B (range $1.8B – $2.0B), +13.5% year-over-year. Full-year consensus is $8.2B, rising to $8.5B 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 #59
Hold
$175.00-7.6% to target
Overall win rate
49%
+ Follow
#2
Erik Woodring
Morgan Stanley · Rank #239
Hold
$173.00-8.7% to target
Overall win rate
49%
+ Follow
#3
Nehal Chokshi
Northland Capital Markets · Rank #349
Buy
$187.00-1.3% to target
Overall win rate
30%
+ Follow
#4
AM
Asiya Merchant
Citigroup
Hold
$209.00+10.4% to target
Coverage
—
+ Follow
#5
Tim Long
Barclays
Buy
$219.00+15.6% 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 $179.42 for NetApp Inc over the next 12 months, ranging from a $210.00 high to a $120.00 low.
Is NTAP stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 13 analyst ratings, 3 are Buy or Strong Buy, 10 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for NTAP?+
The Street-high target is $210.00 (Evercore ISI Group), and the Street-low is $120.00 (UBS). The average of all 12 active targets is $179.42.
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 #59). Their current call is Hold with a $175.00 target.
What is NetApp Inc's projected EPS for next quarter?+
The consensus estimate is $2.60 per share (range $2.47 – $2.82) across 16 analysts. Full-year EPS is projected at $10.01, rising to $10.91 the following year.
How much revenue is NetApp Inc expected to report next quarter?+
Consensus revenue is $1.9B (range $1.8B – $2.0B). Full-year revenue is projected at $8.2B, growing to $8.5B next year.
Have analysts been upgrading or downgrading NTAP lately?+
As of Sep, 3 of 13 firms rate NTAP a Buy (10 Hold, 0 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.
