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NetApp's (NTAP) price target has been raised by B of A Securities to $125, up 3.31% from $121. Analyst Wamsi Mohan maintained a "Neutral" rating. The average target price for NTAP is $115.94, with a high estimate of $130 and a low of $100. The average target implies a 5.03% upside from the current price of $110.39. NetApp's average brokerage recommendation is 2.6, indicating a "Hold" status. The estimated GF Value for NTAP in one year is $91.98, suggesting a 16.68% downside from the current price.

NetApp Inc. (NTAP) has seen its price target raised by B of A Securities to $125, a 3.31% increase from the previous target of $121. Analyst Wamsi Mohan maintained a "Neutral" rating on the stock [1]. The average target price for NTAP stands at $115.94, with a high estimate of $130 and a low of $100. This average target implies a 5.03% upside from the current price of $110.39.

The average brokerage recommendation for NTAP is 2.6, indicating a "Hold" status. The estimated GF Value for NTAP in one year is $91.98, suggesting a 16.68% downside from the current price [1].

NetApp recently announced a quarterly dividend of $0.52 per share, with a current yield of 1.9% and a payout ratio of 36.62% [1]. The company's most recent earnings results showed an earnings per share (EPS) of $1.93 for the quarter, beating the consensus estimate of $1.90 by $0.03 [1].

NetApp's Q1 2026 earnings are expected to be between $1.48 and $1.58 per share, according to the company's guidance [2]. Key factors to note for NTAP’s Q1 earnings include increasing momentum across the all-flash portfolio, growth in first-party and marketplace cloud storage services, and the company's commitment to capitalizing on enterprise AI and advancing its all-flash and cloud portfolios [2].

Lord Abbett & CO. LLC increased its stake in NetApp by 19.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission [1]. Other institutional investors, such as Tokio Marine Asset Management Co. Ltd., Caitong International Asset Management Co. Ltd., LGT Group Foundation, Prudential PLC, and Resona Asset Management Co. Ltd., have also modified their holdings of NTAP [1].

In other news, CEO George Kurian sold 8,500 shares of the stock in a transaction on Monday, June 16th, and EVP Elizabeth M. O'callahan sold 1,000 shares in a transaction on Monday, August 11th [1]. These sales represent a 2.78% and 4.12% decrease in their positions, respectively.

Analysts have mixed ratings for NTAP, with six "Buy" ratings, nine "Hold" ratings, and one "Sell" rating [1]. The average rating is "Hold," and the average price target is $119.21 [1].

NetApp's stock has seen a 1.0% increase in the past trading session, reaching $110.0410. The company's market cap is $22.05 billion, with a price-to-earnings ratio of 19.37 and a beta of 1.44 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-lord-abbett-co-llc-boosts-holdings-in-netapp-inc-nasdaqntap-2025-08-15/
[2] https://www.nasdaq.com/articles/netapp-set-report-q1-earnings-key-performance-drivers-watch