Rating Change
Guggenheim analysts initiated coverage on NetApp, Inc. (NASDAQ:NTAP) with a rating of Neutral on October 26, 2026.
new coverageNASDAQ:NTAP
Guggenheim Initiates Coverage on NetApp, Inc. (NTAP) with Neutral
Guggenheim analysts initiated coverage on NetApp, Inc. (NASDAQ:NTAP) with a rating of Neutral on October 26, 2026.
At publication ·
What changed
NetApp, Inc. (NASDAQ:NTAP) · new coverage
- Firm
- Guggenheim
- Rating
- Neutral
- Price at event
- $222.08
- Market capitalization
- $23.8B
At a glance
Key takeaways
- Guggenheim initiated coverage of NetApp with a Neutral rating on October 26, 2026, as the stock trades at $222.08 with a $23.8B market cap.
- NetApp stock gained 102.4% over the past 52 weeks, significantly outperforming many technology peers.
Market Context
NetApp, Inc. operates in the Technology sector. The stock currently trades at $222.08 with a market capitalization of $23.8B. The stock has gained 102.4% over the past 52 weeks.
Analyst coverage from Guggenheim provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for NetApp, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for NetApp, Inc.
Among the 10 most recent ratings: 5 Buy, 5 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 26, 2026 | Guggenheim | Neutral | N/A |
| Oct 14, 2026 | Barclays | Equal-Weight | N/A |
| Oct 07, 2026 | Evercore ISI Group | Outperform | N/A |
| Oct 06, 2026 | TD Cowen | Buy | N/A |
| Oct 02, 2026 | Loop Capital | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View NTAP Stock Page
Frequently Asked Questions
What does the Neutral rating mean for NTAP?
A rating of Neutral from Guggenheim reflects the analyst's outlook on NetApp, Inc. (NASDAQ:NTAP). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the NTAP forecast page.
