Key Takeaways:
- NetApp (NTAP, Financial) faces a 6.5% pre-market trading drop following a lukewarm 2026 guidance.
- Wall Street analysts set an average price target of $116.02, indicating potential upside.
- GuruFocus GF Value suggests a potential downside, estimating a fair stock value of $90.30.
NetApp's Market Movement
NetApp (NTAP) recently saw a notable 6.5% slump in pre-market trading after it released quarterly and full-year guidance for 2026 that did not meet investor hopes. This decline occurred despite the company posting robust fourth-quarter results for fiscal year 2025. The tempered outlook has undoubtedly cast a shadow over investor enthusiasm, highlighting the unpredictable nature of market sentiment.
Wall Street Analysts' Perspectives
According to data from 15 analysts, the one-year price target for NetApp Inc (NTAP, Financial) averages at $116.02, with projections ranging from a high of $150.00 to a low of $100.00. This suggests an upside potential of 17.19% from its current share price of $99.00. For more in-depth analyst estimates, please visit the NetApp Inc (NTAP) Forecast page.
Moreover, the consensus recommendation from 22 brokerage firms places NetApp Inc's (NTAP, Financial) average recommendation at 2.6, aligning with a "Hold" status. This rating uses a scale from 1 to 5, with 1 representing Strong Buy and 5 indicating Sell.
Assessing the GF Value
GuruFocus projects the GF Value for NetApp Inc (NTAP, Financial) to be $90.30 over the next year, which implies a potential downside of 8.79% from the current price point of $99.00. The GF Value is GuruFocus' calculated fair value, taking into account the stock's historical trading multiples, previous business growth, and predicted future performance. Further detailed insights are available on the NetApp Inc (NTAP) Summary page.
Investors are advised to consider these projections carefully, balancing potential upsides with the inherent risks reflected in these assessments. Keeping a keen eye on both analyst forecasts and the GF Value metric may provide valuable guidance in navigating NetApp's financial landscape.
