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NetApp Analysts Boost Their Forecasts After Strong Q1 Earnings

Sep 3, 2026 · 09:19 AM ET· updated 1h ago
NetApp Analysts Boost Their Forecasts After Strong Q1 Earnings

NetApp beat Q1 FY27 estimates and raised guidance, but shares fell 11.2%; analysts lifted price targets to $195 and $170.

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Why It Matters

NetApp did better than expected this quarter and promised even better results ahead, so expert watchers raised their price targets higher. Even though good news came out, the stock price went down, which sometimes happens when people's hopes were already extra high.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.