Netskope (NASDAQ:NTSK – Free Report) had its price objective lowered by KeyCorp from $17.00 to $15.00 in a research report report published on Thursday morning,Benzinga reports. KeyCorp currently has an overweight rating on the stock.
Other analysts also recently issued research reports about the stock. FBN Securities started coverage on shares of Netskope in a research report on Wednesday, February 25th. They set an “outperform” rating and a $15.00 target price for the company. Oppenheimer reduced their price target on shares of Netskope from $28.00 to $23.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Royal Bank Of Canada reiterated an “outperform” rating on shares of Netskope in a research note on Wednesday, February 11th. Morgan Stanley dropped their price objective on shares of Netskope from $27.00 to $18.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, BTIG Research reduced their target price on shares of Netskope from $22.00 to $17.00 and set a “buy” rating on the stock in a report on Thursday. One equities research 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $18.89.
Get Our Latest Stock Report on NTSK
Netskope Trading Up 2.0%
Netskope (NASDAQ:NTSK – Get Free Report) last announced its quarterly earnings results on Wednesday, March 11th. The company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.02. The firm had revenue of $196.33 million for the quarter. The firm’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.
Insider Activity at Netskope
In other Netskope news, CEO Sanjay Beri sold 346,061 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $16.91, for a total transaction of $5,851,891.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Matto Andrew H. Del sold 77,207 shares of Netskope stock in a transaction that occurred on 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 owned 41,493 shares in the company, valued at $702,061.56. This represents a 65.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,049,721 shares of company stock valued at $18,020,279.
Institutional Trading of Netskope
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Chicago Capital LLC acquired a new stake in Netskope in the third quarter valued at $2,056,000. Massachusetts Financial Services Co. MA bought a new position in Netskope during the 3rd quarter valued at $72,463,000. Federated Hermes Inc. acquired a new position in Netskope during the 3rd quarter worth $18,184,000. New York State Common Retirement Fund bought a new stake in shares of Netskope in the 3rd quarter worth about $943,000. Finally, Principal Financial Group Inc. bought a new stake in shares of Netskope in the 3rd quarter worth about $27,239,000.
Netskope News Summary
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
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.
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