Netapp share price forecast by several brokerages now factors in

NetApp share price forecast by several brokerages now factors in potential 5–7% YoY revenue growth from FY2025, driven by data management demand. That translates into price potential between $99 and $112 under stable market volatility. For NetApp, the consensus sales estimate for the current quarter of $1.69 billion indicates a year-over-year change of +1.7%. For the current and next fiscal years, $6.76 billion and $7.06 billion estimates indicate +2.8% and +4.4% changes, respectively. On Feb. 10, Susquehanna Community Financial, Inc. ( SQCF )  downgraded NetApp to “Neutral” from “Positive,” lowering the price target to $130 from $155. The firm cites growing downside risks to consensus estimates, particularly for the July and October quarters, due to tougher year-over-year comparisons. While NetApp has a robust market momentum, Susquehanna believes its valuation already reflects these gains. Additionally, enterprise AI is not expected to drive incremental demand until 2026. Short-term NetApp share price forecast remains constructive as RSI levels ease from overbought zones, offering room for technical rebound. Traders eye $95 as a floor and $105 as a target in line with sector ETF performance.