Netskope (NASDAQ:NTSK) Issues FY 2027 Earnings Guidance

Netskope (NASDAQ:NTSK) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of -0.190–0.190 for the period, compared to the consensus EPS estimate of -0.200. The company issued revenue guidance of $870.0 million-$876.0 million, compared to the consensus revenue estimate of $865.5 million. Netskope also updated its Q1 2027 guidance to -0.070–0.060 EPS.

Netskope Trading Up 1.0%

NASDAQ:NTSK traded up $0.12 during mid-day trading on Wednesday, hitting $12.13. 5,847,897 shares of the company’s stock were exchanged, compared to its average volume of 2,841,419. Netskope has a fifty-two week low of $9.13 and a fifty-two week high of $27.99. The company has a debt-to-equity ratio of 5.17, a current ratio of 2.32 and a quick ratio of 2.32. The company has a market cap of $4.77 billion and a price-to-earnings ratio of -121.30. The stock’s 50 day moving average is $13.61.

Netskope (NASDAQ:NTSK) last announced its quarterly earnings results on Wednesday, March 11th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $196.33 million for the quarter. Netskope has set its Q1 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.190–0.190 EPS.

Analyst Upgrades and Downgrades

NTSK has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $26.00 price objective on shares of Netskope in a report on Friday, December 12th. Wells Fargo & Company began coverage on Netskope in a research report on Tuesday, March 3rd. They issued an “overweight” rating and a $13.00 price target on the stock. BTIG Research lowered their price objective on Netskope from $27.00 to $22.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. KeyCorp cut their price objective on Netskope from $24.00 to $17.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 17th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Netskope in a research report on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Netskope has an average rating of “Moderate Buy” and a consensus price target of $23.47.

Insider Buying and Selling at Netskope

In other news, CFO Matto Andrew H. Del sold 49,875 shares of the business’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $17.16, for a total value of $855,855.00. Following the transaction, the chief financial officer directly owned 41,493 shares of the company’s stock, valued at $712,019.88. The trade was a 54.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sanjay Beri sold 31,594 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $17.58, for a total value of $555,422.52. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,049,721 shares of company stock valued at $18,020,279.

Institutional Trading of Netskope

Several large investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. bought a new stake in shares of Netskope in the 3rd quarter valued at $249,000. Legal & General Group Plc bought a new position in shares of Netskope during the 3rd quarter worth about $1,677,000. Franklin Resources Inc. acquired a new stake in shares of Netskope in the 3rd quarter valued at about $17,460,000. Invesco Ltd. bought a new stake in Netskope in the 3rd quarter valued at about $10,327,000. Finally, Squarepoint Ops LLC acquired a new position in Netskope during the 3rd quarter worth approximately $14,774,000.

About Netskope

We are redefining security and networking for the era of cloud and AI. The cloud and AI have completely revolutionized work. We are more dispersed, more productive, and more automated than ever before, and the rate of change is only accelerating. Not since the internet has there been such a transformative tectonic shift. But, with it has come collateral damage-traditional security and networking are now broken. We founded Netskope to address this revolution. We built Netskope One, our unified, cloud-native platform from the ground up to solve the challenge of securing and accelerating the digital interactions of enterprises in this new era.