NetApp Inc. (NTAP, Financial) reported its fourth-quarter revenue at $1.73 billion, surpassing the consensus estimate of $1.72 billion. The company achieved several revenue and profitability milestones in Fiscal Year 2025, driven by substantial market share gains in the all-flash storage segment and growth in both first-party and marketplace storage services. Throughout the year, NetApp revamped its entire systems portfolio and enhanced its cloud services focus, positioning itself as a leader in the enterprise AI market.
Looking ahead to Fiscal Year 2026, NetApp begins with a robust portfolio and unique value proposition to address customer priorities. The company expresses confidence that its ongoing innovation and market expansion will support sustained long-term growth. George Kurian, the CEO, emphasized the company's readiness to continue building on its market share achievements with the strongest portfolio in its history.
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 $117.49 with a high estimate of $150.00 and a low estimate of $100.00. The average target implies an upside of 18.42% from the current price of $99.21. 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 $90.30, suggesting a downside of 8.98% from the current price of $99.21. 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.
