
NetApp (NTAP) Stock Forecast & Price Target
NetApp (NTAP) Analyst Ratings
Bulls say
NetApp is currently transitioning from a hardware provider to a software-driven, cloud-centric data management company, with its flagship ONTAP software leading the way. The company has seen strong revenue growth in its Hybrid Cloud segment and with its recent Google Cloud deal, as well as consistently high gross margins and operating leverage, we believe NetApp is well-positioned for continued success and growth in the data infrastructure industry.
Bears say
NetApp is facing headwinds in the short-term as demand for cloud services and pricing pressures limit their revenue growth and margins. However, the company's strategic focus on software and services reflects the long-term trend in the industry, and the recent acquisitions should position NetApp well for future growth. Additionally, the company's strong track record for returning value to shareholders through buybacks and dividends should continue to support their stock price in the near-term.
This aggregate rating is based on analysts' research of NetApp and is not a guaranteed prediction by Public.com or investment advice.
NetApp (NTAP) Analyst Forecast & Price Prediction
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