What is NetApp's expected EPS for Q1 2027?

Analysts expect NetApp (NTAP) to report consensus EPS of approximately $2.11 for Q1 2027. Estimates range from $2.08 to $2.16.

What revenue do analysts expect for NetApp in Q1 2027?

The consensus revenue forecast for NetApp (NTAP) in Q1 2027 is approximately $1.83B. Forecasts range from $1.81B to $1.88B.

How many analysts cover NetApp?

12 analysts contribute to the NetApp (NTAP) Q1 2027 consensus estimate.

Has NetApp beaten earnings estimates recently?

NetApp beat analyst EPS estimates in 1 of the last 1 quarter. NetApp beat revenue estimates in 1 of 1. In the most recent quarter (Q4 2026), NetApp EPS beat by 7% and revenue beat by 4.1%.

When does NetApp report Q1 2027 earnings?

NetApp (NTAP) is expected to report Q1 2027 earnings on September 2, 2026 after market close.

NTAP Q1 2027 earnings estimate

Consensus EPS · Q1 2027

$2.11

Consensus revenue · Q1 2027

$1.8B

Analysts

Expected report

Sep 2, 2026

After close

Upcoming earnings

Locks in 37 days 12 hours · AMC: Locks at 4:00 PM ET on report day

Revenue$1.8B$1.8B – $1.9B

EPS$2.11$2.08 – $2.16

What to watch

Analyst ratings: Mixed

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Analyst consensus

Based on estimates from 12 analysts.

Metric	Low	Consensus	High
Revenue	$1.8B	$1.8B	$1.9B
EPS	$2.08	$2.11	$2.16
EBITDA	$441.6M	$449M	$461.3M
EBIT	$375.3M	$381.6M	$392M
Net income	$415.7M	$419.6M	$429.6M

Revenue$1.8B
EPS$2.11
EBITDA$449M
EBIT$381.6M
Net income$419.6M

Historical beat/miss

Actual reported results vs. analyst consensus at the time. Positive = beat, negative = miss.

Period	Rev. actual	Rev. est.	Rev. surprise	EPS actual	EPS est.	EPS surprise
Q4 2026	$1.9B	$1.9B	+4.1%	$2.43	$2.27	+7.0%

Q4 2026+4.1%+7.0%

Estimate revisions

How analyst consensus estimates have changed over the past 90 days.

Collecting data

Revision trends appear once we have collected at least two daily snapshots for this period.

Community vs analysts

See how the TickerLeague crowd's forecast stacks up against Wall Street.

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No community consensus for NetApp (NTAP) Q1 2027 yet. Make a prediction to start the crowd forecast.

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Analyst price target

Based on price targets from 0 analysts.

Low: $150.00
Consensus: $180.00
Median: $185.00
High: $200.00
Current: $167.74
Upside: +7.3%

Upside calculated vs most recent trading price of $167.74.

Consensus across all covering analysts. See the ranking ›

$180.00+7.31%

Analyst ratings

Consensus: Hold — based on 71 analyst ratings.

Buy 26Hold 36Sell 9

24-month trend

Recent analyst actions

Date	Firm	Action	From	To
Jun 1, 2026	Argus Research	maintain	Buy	Buy
May 29, 2026	Wells Fargo	maintain	Equal Weight	Equal Weight
May 29, 2026	Wedbush	maintain	Neutral	Neutral
May 29, 2026	Susquehanna	maintain	Neutral	Neutral
May 29, 2026	Northland Capital Markets	maintain	Outperform	Outperform
May 29, 2026	Morgan Stanley	maintain	Underweight	Underweight
May 29, 2026	JP Morgan	maintain	Neutral	Neutral
May 29, 2026	Evercore ISI Group	maintain	In Line	In Line
May 29, 2026	Citigroup	maintain	Neutral	Neutral
May 29, 2026	Barclays	maintain	Overweight	Overweight

Jun 1, 2026Argus ResearchBuy
May 29, 2026Wells FargoEqual Weight
May 29, 2026WedbushNeutral
May 29, 2026SusquehannaNeutral
May 29, 2026Northland Capital MarketsOutperform
May 29, 2026Morgan StanleyUnderweight
May 29, 2026JP MorganNeutral
May 29, 2026Evercore ISI GroupIn Line
May 29, 2026CitigroupNeutral
May 29, 2026BarclaysOverweight

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