Netskope (NASDAQ:NTSK) Given New $20.00 Price Target at Robert W. Baird

Netskope (NASDAQ:NTSK) had its price objective reduced by Robert W. Baird from $27.00 to $20.00 in a research report released on Thursday,Benzinga reports. Robert W. Baird currently has an outperform rating on the stock.

Several other brokerages also recently commented on NTSK. Mizuho dropped their price objective on Netskope from $26.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Wells Fargo & Company started coverage on Netskope in a research note on Tuesday, March 3rd. They issued an “overweight” rating and a $13.00 target price for the company. FBN Securities initiated coverage on Netskope in a research report on Wednesday, February 25th. They set an “outperform” rating and a $15.00 price target on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of Netskope in a report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $26.00 price objective on shares of Netskope in a research report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $18.89.

Netskope Stock Performance

Shares of NASDAQ NTSK opened at $9.55 on Thursday. Netskope has a 52-week low of $8.81 and a 52-week high of $27.99. The company has a debt-to-equity ratio of 5.17, a quick ratio of 2.32 and a current ratio of 2.32. The firm has a market capitalization of $3.76 billion and a PE ratio of -95.50. The firm’s 50 day moving average price is $13.34.

Netskope (NASDAQ:NTSK) last posted its earnings results on Wednesday, March 11th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.02. The firm had revenue of $196.33 million during the quarter. The company’s revenue for the quarter was up 32.2% compared to the same quarter last year. Netskope has set its Q1 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.190–0.190 EPS.

Insiders Place Their Bets

In other news, CFO Matto Andrew H. Del sold 77,207 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $16.92, for a total value of $1,306,342.44. Following the sale, the chief financial officer directly owned 41,493 shares in the company, valued at $702,061.56. The trade was a 65.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CRO Raphael Bousquet sold 3,823 shares of the company’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $16.66, for a total value of $63,691.18. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,049,721 shares of company stock worth $18,020,279.

Institutional Investors Weigh In On Netskope

Several institutional investors have recently bought and sold shares of NTSK. ICONIQ Capital LLC acquired a new position in Netskope during the 3rd quarter worth approximately $1,506,261,000. Scge Management L.P. acquired a new stake in shares of Netskope in the third quarter valued at approximately $312,104,000. Vanguard Group Inc. lifted its position in shares of Netskope by 51.5% in the fourth quarter. Vanguard Group Inc. now owns 5,332,708 shares of the company’s stock worth $93,536,000 after purchasing an additional 1,812,857 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Netskope by 11.7% in 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 in the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its holdings in Netskope by 14.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,556,583 shares of the company’s stock worth $62,383,000 after purchasing an additional 456,321 shares during the last quarter.

Key Stories Impacting Netskope

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Q4 results and guidance: Netskope beat street EPS and delivered 32% YoY revenue growth; management set FY‑2027 revenue guidance of $870M–$876M (above consensus) and Q1/FY EPS ranges that were mixed vs. estimates. This fundamental beat and revenue guide are constructive for growth expectations. Netskope Announces Strong Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Product/AI positioning: Company is emphasizing an AI‑native security platform (Netskope One AI Security), which supports longer‑term TAM expansion in cloud + AI security and underpins analyst conviction despite cuts. Netskope Unveils Netskope One AI Security
• Neutral Sentiment: Analyst stance remains generally constructive: Brokers still carry buy/overweight/outperform ratings overall (consensus ~“Moderate Buy”), even after trimming targets — indicating belief in recovery but with nearer‑term caution. Consensus Recommendation Given
• Negative Sentiment: Broad price‑target cuts: Multiple firms (JPMorgan, Deutsche Bank, Oppenheimer, RBC, BMO, KeyCorp, Morgan Stanley, Robert W. Baird, BTIG, Mizuho, Citizens Jmp, etc.) lowered targets today — trimming upside and triggering selling pressure as investors reprice expectations. Broker Price Target Cuts
• Negative Sentiment: Lockup expiry and perceived Q4 softness: Reports note analysts are worried about softer-than-expected Q4 trends and an impending lockup expiration that could increase share supply, amplifying downward momentum. MSN Article on Lockup/Analyst Concerns
• Negative Sentiment: Shareholder investigation: A law firm is soliciting Netskope investors about potential claims involving executives, which can increase legal risk and investor uncertainty. Johnson Fistel Investigation Notice

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.