NetApp (NTAP)
(Delayed Data from NSDQ)
$120.08 USD
+0.73 (0.61%)
Updated Sep 19, 2024 03:59 PM ET
After-Market: $120.11 +0.03 (0.02%) 7:58 PM ET
2-Buy of 5 2
C Value A Growth B Momentum A VGM
NetApp (NTAP) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$132.33 | $155.00 | $108.00 | 10.88% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for NetApp comes to $132.33. The forecasts range from a low of $108.00 to a high of $155.00. The average price target represents an increase of 10.88% from the last closing price of $119.35.
Analyst Price Targets (15)
Broker Rating
NetApp currently has an average brokerage recommendation (ABR) of 2.39 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 18 brokerage firms. The current ABR compares to an ABR of 2.50 a month ago based on 18 recommendations.
Of the 18 recommendations deriving the current ABR, six are Strong Buy, representing 33.33% of all recommendations. A month ago, Strong Buy represented 27.78%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 6 | 6 | 5 | 5 | 6 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 11 | 11 | 12 | 12 | 12 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.39 | 2.39 | 2.50 | 2.50 | 2.42 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/6/2024 | Northland Capital Markets | Nehal Chokshi | Hold | Hold |
9/3/2024 | Loop Capital Markets | Ananda P Baruah | Hold | Strong Buy |
8/29/2024 | UBS | David Vogt | Hold | Hold |
8/29/2024 | Raymond James | Simon M Leopold | Hold | Hold |
8/26/2024 | Susquehanna Financial Group | Mehdi Hosseini | Strong Buy | Strong Buy |
8/15/2024 | Not Identified | Not Identified | Hold | Hold |
8/12/2024 | Evercore Partners | Amit Daryanani | Hold | Hold |
6/12/2024 | Wedbush Securities | Matthew Bryson | Hold | Hold |
6/11/2024 | William Blair | Jason N Ader | Hold | Hold |
6/6/2024 | Daiwa America | Louis Miscioscia | Not Available | Strong Buy |
6/5/2024 | Argus Research Corp. | James N Kelleher | Strong Buy | Strong Buy |
5/31/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/31/2024 | Wells Fargo Securities | Aaron Rakers | Hold | Hold |
5/31/2024 | Not Identified | Not Identified | Hold | Hold |
4/1/2024 | Cowen & Co. | Sreekrishnan Sankar | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.39 |
ABR (Last week) | 2.39 |
# of Recs in ABR | 18 |
Average Target Price | $132.33 |
LT Growth Rate | 4.70% |
Industry | Computer- Storage Devices |
Industry Rank by ABR | 154 of 253 |
Current Quarter EPS Est: | 1.77 |
NTAP FAQs
NetApp, Inc. (NTAP) currently has an average brokerage recommendation (ABR) of 2.39 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 18 brokerage firms.
The average price target for NetApp, Inc. (NTAP) is $132.33. The current on short-term price targets is based on 9 reports.
The forecasts for NetApp, Inc. (NTAP) range from a low of $108 to a high of $155. The average price target represents a increase of $10.20 from the last closing price of $120.08.
The current UPSIDE for NetApp, Inc. (NTAP) is 10.20%
Based on short-term price targets offered by 15 analysts, the average price target for NetApp comes to $132.33. The forecasts range from a low of $108.00 to a high of $155.00. The average price target represents an increase of 10.88% from the last closing price of $119.35.