Netapp share price forecast volatility-adjusted models put NetApp

Volatility-adjusted models put NetApp share price forecast in a consolidation phase, with breakout potential on strong Q2 FY2025 earnings. Upside risk could extend to $110 if guidance is raised. Over a five-year period, NetApp's total return inclusive of share price appreciation and dividends was 164.48%, reflecting significant growth. In comparison, the company underperformed against the US Tech industry over the past year, which delivered a 2.4% return. NetApp has outpaced the broader market over the past year, driven by strong financial performance, robust demand for cloud services, and strategic product innovation. Additionally, NetApp’s AI-optimized storage solutions, such as the AIPod, positioned it well for enterprise AI adoption. With AI infrastructure spending fueling storage demand, NetApp share price forecast anticipates revenue beats in the coming quarters. This could push the stock toward the $108–$115 zone under favorable tech sector momentum.