Morgan Stanley analyst Meta Marshall has adjusted the price target for NetApp (NTAP, Financial), raising it from $84.00 to $106.00. This change represents a significant increase of 26.19% in the stock's projected value.
The rating for NetApp (NTAP, Financial) remains at "Equal-Weight," consistent with its previous rating. The updated price target reflects Morgan Stanley's current expectations and analysis of the stock's potential performance.
This update comes as of May 20, 2025, marking a strategic move by Morgan Stanley to maintain its outlook on NetApp (NTAP, Financial) while highlighting an optimistic price revision in USD currency. Investors and stakeholders should consider this development as they evaluate their portfolios.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for NetApp Inc (NTAP, Financial) is $118.76 with a high estimate of $150.00 and a low estimate of $100.00. The average target implies an upside of 17.59% from the current price of $100.99. More detailed estimate data can be found on the NetApp Inc (NTAP) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, NetApp Inc's (NTAP, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for NetApp Inc (NTAP, Financial) in one year is $90.29, suggesting a downside of 10.6% from the current price of $100.99. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the NetApp Inc (NTAP) Summary page.
