NetApp (NASDAQ: NTAP) has recently received a number of price target changes and ratings updates:
- 10/8/2026 – NetApp was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/7/2026 – NetApp was upgraded by Evercore Inc from “in-line” to “outperform”. They now have a $300.00 price target on the stock.
- 10/7/2026 – NetApp was given a new $300.00 price target by Loop Capital.
- 10/7/2026 – NetApp was upgraded by Cantor Fitzgerald to “overweight”.
- 10/6/2026 – NetApp had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $240.00 price target on the stock.
- 10/6/2026 – NetApp had its price target raised by TD Cowen from $200.00 to $250.00. They now have a “buy” rating on the stock.
- 10/2/2026 – NetApp had its price target raised by Loop Capital from $215.00 to $260.00. They now have a “buy” rating on the stock.
- 9/30/2026 – NetApp had its price target raised by Bank of America Corporation from $200.00 to $220.00. They now have a “neutral” rating on the stock.
- 9/11/2026 – NetApp was given a new $225.00 price target by Argus.
- 9/9/2026 – NetApp was upgraded by Zacks Research from “hold” to “strong-buy”.
- 9/5/2026 – NetApp was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 9/4/2026 – NetApp had its “buy (b-)” rating reaffirmed by Weiss Ratings.
- 9/3/2026 – NetApp had its price target raised by Northland Securities from $171.00 to $187.00. They now have an “outperform” rating on the stock.
- 9/3/2026 – NetApp had its price target raised by UBS Group AG from $160.00 to $171.00. They now have a “neutral” rating on the stock.
- 9/3/2026 – NetApp had its price target raised by Wells Fargo & Company from $180.00 to $190.00. They now have an “equal weight” rating on the stock.
- 9/3/2026 – NetApp had its price target raised by Barclays PLC from $199.00 to $219.00. They now have an “overweight” rating on the stock.
- 9/3/2026 – NetApp had its “positive” rating reaffirmed by Wells Fargo & Company.
- 9/3/2026 – NetApp had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $210.00 price target on the stock.
- 9/3/2026 – NetApp had its price target lowered by Citigroup Inc. from $209.00 to $190.00. They now have a “neutral” rating on the stock.
- 9/3/2026 – NetApp had its “buy” rating reaffirmed by TD Cowen. They now have a $200.00 price target on the stock.
- 9/3/2026 – NetApp had its price target raised by Morgan Stanley from $173.00 to $191.00. They now have an “equal weight” rating on the stock.
- 9/3/2026 – NetApp had its price target raised by Wedbush from $150.00 to $170.00. They now have a “neutral” rating on the stock.
- 9/3/2026 – NetApp had its price target raised by Susquehanna from $185.00 to $195.00. They now have a “neutral” rating on the stock.
- 8/31/2026 – NetApp had its price target raised by Bank of America Corporation from $180.00 to $206.00. They now have a “neutral” rating on the stock.
- 8/24/2026 – NetApp was given a new $210.00 price target by Evercore Inc.
- 8/18/2026 – NetApp had its price target raised by Citigroup Inc. from $150.00 to $209.00. They now have a “neutral” rating on the stock.
NetApp Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Shareholders of record on Friday, October 9th will be issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, October 9th. NetApp’s dividend payout ratio is presently 29.34%.
Insider Activity
In other news, EVP Elizabeth M. O’callahan sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $184.74, for a total value of $184,740.00. Following the transaction, the executive vice president owned 30,737 shares in the company, valued at $5,678,353.38. This trade represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Thomas Nevens sold 5,940 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $195.21, for a total transaction of $1,159,547.40. Following the completion of the sale, the director owned 7,747 shares of the company’s stock, valued at approximately $1,512,291.87. The trade was a 43.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 172,524 shares of company stock valued at $34,780,706 over the last 90 days. Company insiders own 0.36% of the company’s stock.
NetApp, Inc develops intelligent data infrastructure and data management solutions for enterprises, service providers, and government organizations. The company helps customers store, manage, protect, and access data across on-premises environments, private clouds, public clouds, and hybrid multicloud infrastructures.
Its portfolio includes enterprise storage systems, all-flash arrays, cloud-connected storage, object storage, and data management software. NetApp’s offerings include the ONTAP data management operating system, AFF and ASA storage systems, StorageGRID object storage, and BlueXP, a platform designed to help customers manage data and storage resources across multiple environments.
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