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NetApp Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
NetAppNetApp(US:NTAP) Benzingaยท2024-08-28 18:00

Core Insights - NetApp, Inc. is set to release its first-quarter earnings results on August 28, with analysts expecting earnings of $1.45 per share, an increase from $1.15 per share in the same period last year [1][2] - Projected revenue for the quarter is $1.53 billion, according to Benzinga Pro [2] - The company's shares closed at $133.12, reflecting a 0.5% gain [2] Analyst Ratings - Wedbush analyst Matt Bryson has a Neutral rating with a price target of $120 [2] - Citigroup analyst Jim Suva maintains a Neutral rating, raising the price target from $120 to $130 [2] - Evercore ISI Group analyst Amit Daryanani holds an In-Line rating, increasing the price target from $120 to $130 [2] - Stifel analyst Matthew Sheerin has a Buy rating, raising the price target from $130 to $138 [2] - Morgan Stanley analyst Meta Marshall maintains an Equal-Weight rating, increasing the price target from $106 to $127 [2] - The consensus price target for NTAP stock is $130.5 based on the ratings of 23 analysts, with a high of $150 and a low of $65 [2]