On May 30, 2025, UBS analyst David Vogt announced a revised price target for NetApp Inc. (NTAP, Financial). The price target has been lowered from $115.00 to $108.00, marking a 6.09% decrease. Despite this adjustment, the investment firm has maintained its 'Neutral' rating for the stock.
The change in price target reflects UBS's updated evaluation of NTAP, as the firm continues to observe market movements and company performance. NetApp, a prominent player in the data management and storage solutions industry, has been under analysis for its financial health and competitive positioning.
Investors holding NTAP shares should note that while the price target has decreased, the 'Neutral' rating suggests that the stock is expected to perform in line with the broader market.
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 $116.02 with a high estimate of $150.00 and a low estimate of $100.00. The average target implies an upside of 15.45% from the current price of $100.50. 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 10.15% from the current price of $100.5. 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.
