NetApp Inc (NTAP, Financial) is set to release its Q1 2025 earnings on Aug 28, 2024. The consensus estimate for Q1 2025 revenue is $1.53 billion, and the earnings are expected to come in at $1.04 per share. The full year 2025's revenue is expected to be $6.55 billion and the earnings are expected to be $5.34 per share. More detailed estimate data can be found on the Estimates page.
NetApp Inc (NTAP, Financial) Estimates Trends
Over the past 90 days, revenue estimates for NetApp Inc (NTAP) for the full year 2025 have increased from $6.52 billion to $6.55 billion, and for 2026 from $6.79 billion to $6.87 billion. Earnings estimates have also seen an upward revision, moving from $5.14 per share to $5.35 per share for the full year 2025, and from $5.72 per share to $5.89 per share for 2026.
NetApp Inc (NTAP, Financial) Reported History
In the previous quarter of April 30, 2024, NetApp Inc's (NTAP) actual revenue was $1.67 billion, which beat analysts' revenue expectations of $1.65 billion by 0.79%. NetApp Inc's (NTAP) actual earnings were $1.37 per share, which beat analysts' earnings expectations of $1.33 per share by 2.70%. After releasing the results, NetApp Inc (NTAP) was up by 3.37% in one day.
NetApp Inc (NTAP, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 15 analysts, the average target price for NetApp Inc (NTAP) is $128.04 with a high estimate of $155 and a low estimate of $105. The average target implies a downside of -3.37% from the current price of $132.50.
Based on GuruFocus estimates, the estimated GF Value for NetApp Inc (NTAP, Financial) in one year is $85.21, suggesting a downside of -35.69% from the current price of $132.50.
Based on the consensus recommendation from 21 brokerage firms, NetApp Inc's (NTAP, Financial) average brokerage recommendation is currently 2.7, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
