BTIG Research Issues Pessimistic Forecast for Netskope (NASDAQ:NTSK) Stock Price

Netskope (NASDAQ:NTSK) had its price target reduced by investment analysts at BTIG Research from $22.00 to $17.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. BTIG Research’s price target would indicate a potential upside of 74.54% from the company’s current price.

Several other research firms have also recently weighed in on NTSK. Wells Fargo & Company assumed coverage on shares of Netskope in a research report on Tuesday, March 3rd. They set an “overweight” rating and a $13.00 price objective for the company. Piper Sandler reissued an “overweight” rating on shares of Netskope in a report on Friday, December 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Netskope in a report on Monday, December 29th. FBN Securities initiated coverage on shares of Netskope in a research report on Wednesday, February 25th. They set an “outperform” rating and a $15.00 price target on the stock. Finally, Mizuho decreased their price objective on shares of Netskope from $26.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $18.89.

Netskope Price Performance

Netskope stock opened at $9.74 on Thursday. The company has a market cap of $3.83 billion and a price-to-earnings ratio of -97.40. 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 business’s fifty day moving average is $13.20. Netskope has a one year low of $8.81 and a one year high of $27.99.

Netskope (NASDAQ:NTSK) last released its 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 company had revenue of $196.33 million for the quarter. The firm’s quarterly revenue 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 Netskope 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 transaction of $1,306,342.44. Following the completion of the transaction, the chief financial officer owned 41,493 shares of the company’s stock, valued at approximately $702,061.56. The trade was a 65.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sanjay Beri sold 346,061 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $16.91, for a total transaction of $5,851,891.51. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,049,721 shares of company stock valued at $18,020,279.

Hedge Funds Weigh In On Netskope

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new stake in Netskope in the fourth quarter valued at approximately $25,000. Quarry LP acquired a new position in shares of Netskope during the third quarter worth $41,000. Triumph Capital Management lifted its stake in shares of Netskope by 380.0% in the 4th quarter. Triumph Capital Management now owns 2,400 shares of the company’s stock valued at $42,000 after acquiring an additional 1,900 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Netskope by 261.7% during the 4th quarter. Wells Fargo & Company MN now owns 3,617 shares of the company’s stock valued at $63,000 after acquiring an additional 2,617 shares in the last quarter. Finally, Leonteq Securities AG acquired a new stake in shares of Netskope during the 4th quarter valued at $64,000.

Key Stories Impacting Netskope

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Q4 beat and revenue growth — Netskope reported a slight EPS beat and revenue up ~32% year‑over‑year; management set a fiscal‑2027 revenue target of $870M–$876M and emphasized its AI‑native platform as a growth driver. This supports the company’s long‑term TAM story. Earnings Transcript Revenue Target Article
• Neutral Sentiment: New product: Netskope unveiled “Netskope One AI Security” positioning the company as an AI‑security platform — a potential multi‑year revenue tailwind, but market reaction has been mixed as investors parse near‑term financials. Product Launch
• Negative Sentiment: Cautious FY‑2027 guidance and wide EPS range — Management issued guidance with a wide FY EPS range and Q1 EPS that indicate near‑term margin/visibility pressure; the market interpreted that as a downgrade to near‑term profitability expectations, triggering the sharp post‑earnings selloff. Guidance Coverage
• Negative Sentiment: Analyst price‑target cuts — Multiple firms trimmed targets (examples: Deutsche Bank to $16, RBC to $14, BMO to $14, others lowered various PTs) even where ratings were maintained; this consensus of lower targets increases short‑term selling pressure. Deutsche Bank Note
• Negative Sentiment: Lockup expiry and analyst skepticism — Reports note a lockup expiration and some analysts calling Q4 softer than expected, which can add share supply and sentiment headwinds in the near term. Lockup/Analyst Coverage
• Negative Sentiment: Shareholder investigation — A law firm announced an inquiry into potential securities claims involving Netskope executives; this raises legal/dispersion risk and can weigh on sentiment until resolved. Investigation Notice

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.