Brokerages Set NetApp, Inc. (NASDAQ:NTAP) PT at $122.42

NetApp receives 'Moderate Buy' rating from analysts with average price target of $122.42

Mar. 13, 2026 at 2:05pm

NetApp, Inc. (NASDAQ:NTAP) has received a consensus 'Moderate Buy' rating from 15 brokerages currently covering the stock. The analysts have an average 1-year price target of $122.42 on the stock, with ratings ranging from 'hold' to 'strong buy'.

Why it matters

NetApp is a major data storage and management company, and its stock performance and analyst ratings are closely watched by investors in the technology sector. The consensus 'Moderate Buy' rating and average price target suggest analysts see potential upside in the stock, though there is some divergence in their views.

The details

The 15 brokerages covering NetApp have issued a range of ratings, with 8 analysts giving a 'hold' rating, 6 assigning a 'buy' rating, and 1 issuing a 'strong buy' recommendation. The average 1-year price target of $122.42 represents potential upside of around 23% from the stock's current trading price of $99.07.

  • NetApp reported its latest quarterly earnings on February 26, 2026.

The players

NetApp, Inc.

A data management and storage company that delivers hybrid cloud data services for applications and data. Founded in 1992 and headquartered in Sunnyvale, California.

Weiss Ratings

A financial research and ratings firm that recently upgraded its rating on NetApp stock from 'hold (c+)' to 'buy (b-)'.

The Goldman Sachs Group

An investment banking firm that initiated coverage on NetApp stock with a 'buy' rating and $128 price target.

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