Stock Price & Analysis

Based on recent market data and analyst insights, NetApp (NTAP) shows a bullish trend with the stock gaining 33.1% over the past year, though recent insider selling activity suggests some caution.

The stock is currently trading at $122.95 during regular market hours, showing a -1.22% decline today. The consensus among 19 analysts is a "Moderate Buy" rating, with a mean price target of $140.20, representing a 17.3% upside potential from current levels.

Based on the provided data and recent market analysis, here is the price prediction for NTAP stock in 2025:

Technical Analysis

• Current price at $122.93 shows consolidation after reaching recent high of $135.45
• RSI at 57.97 indicates neutral momentum with room for upside
• MACD remains positive with bullish crossover signal
• Support levels at $117.83 (Fibonacci S1) and resistance at $125.61 (Fibonacci R1)

Price Target Analysis NetApp's stock is expected to reach $140.20 by end of 2025, representing a 17.3% upside from current levels. This target is supported by:

• Strong cloud storage revenue growth of 43% year-over-year
• Expanding AI-optimized storage solutions market share
• Projected EPS growth of 16.4% to $5.89 for FY2025
• Mean analyst price target of $140.20 with street-high target at $160

Key Growth Drivers

• Enterprise AI adoption expected to drive incremental demand starting 2026
• Robust demand for hybrid cloud services
• Strategic product innovation in AI-optimized storage solutions
• Strong financial performance with Q2 FY2025 revenue up 6% YoY

Based on technical indicators and fundamental growth drivers, NTAP stock is expected to trade between $125-140 by end of 2025, with $140.20 as the most likely target price supported by analyst consensus. The primary catalyst will be continued cloud revenue growth and eventual AI-driven demand expansion.

The S1 support level for NTAP Stock is $118.1 ,The R1 resistant level for NTAP Stock is $126.37.

As of the end of day on 2025-02-28, the price of NTAP Stock was $99.68.

The target price for NTAP Stock according to analyst rating is 138.15, with the highest price target at 160.00 and the lowest at 120.00. Analysts have a Moderate Buy rating on NTAP Stock overall.

The market cap of NTAP is $24.0B.

Based on the provided data and recent market information, I'll analyze whether NTAP is overvalued through multiple perspectives:

Technical Analysis

The stock is currently trading at $122.93, showing a -1.24% decline in today's regular market session. The stock has formed a resistance level around $125 and support around $121.72 (Fibonacci pivot).

Valuation Metrics

Current key valuation metrics:

• Forward P/E: 17.01x (in line with industry average)
• PEG Ratio: 1.97x (matching industry average)
• EV/EBITDA: 11.86x (Q3 2024)

Growth and Profitability

• Revenue growth has been modest at 1.7% CAGR over the past decade
• Gross margins have improved to 71.67% (Q3 2024)
• Net margin at 19.49% (Q3 2024)
• Expected EPS growth of 16.4% for FY2025

Market Position and Outlook

• Strong position in hybrid cloud and enterprise storage
• AI-optimized storage solutions showing promise
• Analysts maintain "Moderate Buy" consensus with mean price target of $140.20 (17.3% upside)
• Recent downgrade by Susquehanna citing growing downside risks

Conclusion: NTAP is not overvalued at current levels based on:

1. In-line industry valuation multiples
2. Strong margins and improving profitability
3. Solid market position in growing segments
4. Reasonable growth expectations
5. Analyst consensus price target suggesting upside potential

NetApp, Inc. (NetApp) is a cloud-led, data-centric software company. The Company delivers a portfolio of cloud services, and storage infrastructure, powered by intelligent data management software. The Company operates through two segments: Hybrid Cloud and Public Cloud. Its Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. It offers a portfolio of cloud-connected all-flash, hybrid-flash, and object storage systems. Its Public Cloud segment offers a portfolio of products delivered primarily as-a-service, including related support. This portfolio includes cloud storage and data services, and cloud operations services. The Company’s solutions and services are generally available on the public clouds, including Amazon AWS, Microsoft Azure and Google Cloud Platform.

Based on the provided data and recent analyst reports, here's a comprehensive price prediction for NetApp (NTAP) stock in 2030:

NTAP stock is projected to reach $185-195 by 2030, representing a 50-58% increase from current levels. This forecast is based on three key factors:

1. Enterprise AI Adoption: According to Susquehanna's analysis, while enterprise AI investments are currently in early stages, significant storage capacity expansion is expected from 2026 onwards, which will drive NetApp's growth in the latter half of the decade.

2. Market Position: NetApp has demonstrated strong market share gains and robust demand for cloud services. The company's AI-optimized storage solutions, particularly the AIPod, position it well to capitalize on enterprise AI adoption trends.

3. Financial Growth Trajectory: Current analyst projections show EPS growth of 16.4% for fiscal 2025, and maintaining even a conservative 10% annual growth rate thereafter would support this price target range.

This prediction assumes NetApp maintains its current market position while successfully executing its AI and cloud strategy, though investors should note that technology sector valuations and market conditions could significantly impact actual performance.

NTAP has a total of 12000 employees.