Citizens Jmp Lowers Netskope (NASDAQ:NTSK) Price Target to $23.00

Netskope (NASDAQ:NTSK) had its target price lowered by Citizens Jmp from $27.00 to $23.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “market outperform” rating on the stock. Citizens Jmp’s price objective indicates a potential upside of 136.14% from the company’s previous close.

A number of other equities analysts also recently weighed in on NTSK. Wells Fargo & Company began coverage on shares of Netskope in a research note on Tuesday, March 3rd. They set an “overweight” rating and a $13.00 target price for the company. KeyCorp dropped their price target on Netskope from $24.00 to $17.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 17th. FBN Securities started coverage on Netskope in a research note on Wednesday, February 25th. They issued an “outperform” rating and a $15.00 price target on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Netskope in a research report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $26.00 price objective on shares of Netskope in a research note on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $18.89.

Netskope Trading Up 2.0%

Shares of NTSK opened at $9.74 on Thursday. Netskope has a 1-year low of $8.81 and a 1-year 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’s 50-day moving average is $13.20. The company has a market cap of $3.83 billion and a price-to-earnings ratio of -97.40.

Netskope (NASDAQ:NTSK) last released its quarterly earnings results on Wednesday, March 11th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02. The company had revenue of $196.33 million during 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.

Insider Transactions at Netskope

In related news, CEO Sanjay Beri sold 346,061 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $16.91, for a total transaction of $5,851,891.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CRO Raphael Bousquet sold 3,823 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $16.66, for a total transaction of $63,691.18. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,049,721 shares of company stock worth $18,020,279.

Institutional Trading of Netskope

Institutional investors and hedge funds have recently modified their holdings of the business. New York Life Insurance Co. bought a new stake in Netskope in the 3rd quarter worth about $31,236,000. Federated Hermes Inc. bought a new position in Netskope during the 3rd quarter valued at about $18,184,000. Massachusetts Financial Services Co. MA purchased a new stake in shares of Netskope during the 3rd quarter valued at about $72,463,000. TD Asset Management Inc purchased a new stake in shares of Netskope during the 3rd quarter valued at about $5,005,000. Finally, Principal Financial Group Inc. bought a new stake in shares of Netskope in the third quarter worth approximately $27,239,000.

Trending Headlines about 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.