Goldman Sachs has increased its price target for NetApp from $210 to $240 while maintaining a Buy rating, citing strong demand driven by artificial intelligence initiatives. NetApp's partnership with Diskover Data enhances its ability to manage unstructured data, which is crucial for industries like media and life sciences. The company reported over 1,100 AI and data-preparation wins in fiscal 2026, nearly tripling from the previous year, signaling robust growth potential. NetApp's stock has doubled this year, and the raised target reflects optimism about further gains amid expanding AI-related business opportunities.
Following Goldman Sachs' raised price target for NetApp, the stock is trading at USD 233.00 on Pluang as of Oct 07, 2026 20:23 WIB, showing a 1.99% increase in one day. The market capitalization stands at $44.87 billion, and all recent Pluang orders are buys, reflecting strong investor interest. Typical hold time for NetApp shares on Pluang is 57 days, with a dividend yield of 0.91%.
