Netskope (NASDAQ:NTSK – Get Free Report) had its target price dropped by investment analysts at BTIG Research from $22.00 to $17.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. BTIG Research’s price target points to a potential upside of 40.15% from the company’s previous close.
Other analysts also recently issued research reports about the company. Oppenheimer decreased their price target on Netskope from $28.00 to $23.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Royal Bank Of Canada restated an “outperform” rating on shares of Netskope in a research report on Wednesday, February 11th. Piper Sandler reiterated an “overweight” rating on shares of Netskope in a research report on Friday, December 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $26.00 price target on shares of Netskope in a report on Friday, December 12th. Finally, Mizuho decreased their target price on shares of Netskope from $26.00 to $20.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $22.24.
Read Our Latest Research Report on Netskope
Netskope Stock Performance
Netskope (NASDAQ:NTSK – Get Free Report) last issued its quarterly earnings results on Wednesday, March 11th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The business had revenue of $196.33 million for the quarter. The company’s quarterly revenue was up 32.2% on a year-over-year basis. Netskope has set its Q1 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.190–0.190 EPS.
Insider Activity at Netskope
In other Netskope news, CFO Matto Andrew H. Del sold 77,207 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $16.92, for a total transaction of $1,306,342.44. Following the sale, the chief financial officer directly owned 41,493 shares in the company, valued at approximately $702,061.56. This trade represents a 65.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CRO Raphael Bousquet sold 3,823 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $16.66, for a total transaction of $63,691.18. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,049,721 shares of company stock worth $18,020,279.
Institutional Investors Weigh In On Netskope
A number of hedge funds and other institutional investors have recently bought and sold shares of NTSK. ICONIQ Capital LLC bought a new position in shares of Netskope in the third quarter valued at $1,506,261,000. Scge Management L.P. bought a new stake in Netskope during the third quarter worth $312,104,000. Vanguard Group Inc. grew its position in shares of Netskope by 51.5% in the 4th quarter. Vanguard Group Inc. now owns 5,332,708 shares of the company’s stock valued at $93,536,000 after acquiring an additional 1,812,857 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Netskope by 11.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,561,508 shares of the company’s stock worth $62,469,000 after purchasing an additional 373,529 shares during the period. Finally, T. Rowe Price Investment Management Inc. lifted its position in shares of Netskope by 14.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,556,583 shares of the company’s stock valued at $62,383,000 after buying an additional 456,321 shares during the last quarter.
Key Netskope News
Here are the key news stories impacting Netskope this week:
- Positive Sentiment: Q4 results beat and strong growth — Netskope reported ($0.04) EPS vs. consensus ($0.06) loss and revenue of $196.3M, up 32% YoY; ARR grew ~31% to $811M and operating cash flow was positive. These operational metrics support higher revenue visibility and justify valuation re‑rating potential. GlobeNewswire Press Release
- Positive Sentiment: FY revenue target raised above consensus — Management set FY 2027 revenue guidance of $870M–$876M vs. Street $865.5M, and Q1 revenue guidance roughly in line with consensus. The modest upside to revenue estimates is a near‑term catalyst. Seeking Alpha: Revenue Target
- Positive Sentiment: AI product launch supports forward growth story — Netskope unveiled “Netskope One AI Security,” positioning the company as an AI‑native security platform; this can expand enterprise wallet share and justify premium multiples if adoption follows. Business Insider: Netskope One AI Security
- Positive Sentiment: Analyst sentiment supports demand — Brokerages’ consensus is “Moderate Buy,” which can encourage inflows from institutional and momentum investors. American Banking News: Analyst Consensus
- Neutral Sentiment: Guidance mixed on profitability — Q1 EPS guide of -$0.07 to -$0.06 is slightly wider/near‑term pressured vs. consensus (-$0.06), while FY EPS range (-$0.19 to $0.19) is roughly in line to a touch better than expectations; revenue guidance is the more constructive element. Investor Presentation
- Neutral Sentiment: Earnings call and transcript available — Management commentary and slide deck provide detail on product cadence, sales efficiency and AI roadmap; watch for customer traction metrics on future calls. Seeking Alpha: Call Transcript
- Negative Sentiment: Shareholder investigation announced — Law firm Johnson Fistel is investigating potential claims against Netskope executives under federal securities laws; such probes can create legal/settlement risk and near‑term headline volatility. GlobeNewswire: Investigation
Netskope Company Profile
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.
Read More
- Five stocks we like better than Netskope
- “This AI Giant is About to Go Bust”
- Is Trump Done? Shocking leak…
- The gold chart Wall Street is terrified of…
- I tried out Elon Musk’s new AI tech — it floored me
- Only 500 people today…
Receive News & Ratings for Netskope Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netskope and related companies with MarketBeat.com's FREE daily email newsletter.
