Barclays sets USD 219.00 target for NetApp stock

Published on 10/15/2026 at 20:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal Q1 2027 revenue rose 30.00 percent. NetApp stock costs EUR 190.97 on October 15, 2026, down 1.25 percent versus the Xetra close.

Analyst target and market date

Barclays set a USD 219.00 target for NetApp on October 14, 2026, 2.04 percent above the USD 214.62 price.
Fiscal first-quarter 2027 revenue rose 30.00 percent to USD 2.03 billion.
NetApp stock costs EUR 190.97 at Lang & Schwarz on October 15, 2026 at 8:40 p.m. CEST, 1.25 percent below the Xetra close of October 15, 2026.
NetApp is scheduled to report its next results on December 1, 2026.

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Barclays downgraded NetApp to Equalweight from Overweight and set a USD 219.00 price target on October 14, 2026, according to Investing.com. Against the USD 214.62 Nasdaq price, that target is 2.04 percent higher. NetApp stock was trading at EUR 190.97 at Lang & Schwarz on October 15, 2026 at 8:40 p.m. CEST, down 1.25 percent versus the Xetra close of October 15, 2026 at EUR 193.38.

Revenue growth sets the baseline

NetApp reported USD 2.03 billion in revenue for the first quarter of fiscal 2027, up 30.00 percent from the year-earlier quarter, according to Gekko. The same period produced adjusted earnings per share of USD 2.58, compared with a USD 2.12 consensus estimate, a USD 0.46 difference. The figures put operating execution ahead of the price discussion, even as the share price remains below its recent euro high.

Stock stays below its high

The euro 52-week range extends from EUR 69.35 to EUR 214.90 as of October 15, 2026. At EUR 190.97, NetApp is 11.14 percent below that high. The Nasdaq quote stood at USD 214.62 on October 15, 2026 at 2:45 p.m. ET, down 3.41 percent from the prior close, while the dollar range ran from USD 93.69 to USD 240.87.

Valuation and the next date

NetApp's market capitalization was USD 42.2 billion on October 15, 2026, with a price-to-earnings ratio of 30.21 and a trailing dividend yield of 1.00 percent. Gekko lists December 1, 2026 as the next earnings date. That calendar point gives the market a defined checkpoint after the latest analyst reset.

Comparison with peers

NetApp Inc. (NASDAQ, USD): minus 1.25 percent, P/E 30.21, market capitalization USD 42.2 billion
Dell Technologies Inc. (NYSE, USD): minus 9.76 percent, P/E 26.60, market capitalization USD 291.4 billion
Hewlett Packard Enterprise Company (NYSE, USD): minus 6.91 percent, P/E 30.64, market capitalization USD 78.0 billion

Euro quote after the Xetra close

NetApp was trading at EUR 190.97 at Lang & Schwarz on October 15, 2026 at 8:40 p.m. CEST, 1.25 percent below the Xetra close of October 15, 2026 at EUR 193.38. The euro quote leaves the stock below its 52-week high while the US-listed shares remain within their USD 93.69 to USD 240.87 annual range. The further course of trading is shown by the continuously updated real-time quote of NetApp stock.