Netskope Inc. (NASDAQ:NTSK) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Netskope Inc. (NASDAQ:NTSK) has received an average rating of “Moderate Buy” from the nineteen research firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, sixteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $18.8889.

Several brokerages have recently weighed in on NTSK. William Blair set a $21.00 target price on Netskope in a research note on Thursday, March 12th. Oppenheimer reissued an “outperform” rating and issued a $19.00 price target (down from $23.00) on shares of Netskope in a report on Thursday, March 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Netskope in a research report on Friday, March 27th. Piper Sandler decreased their price objective on shares of Netskope from $28.00 to $21.00 and set an “overweight” rating on the stock in a report on Thursday, March 12th. Finally, Wells Fargo & Company initiated coverage on shares of Netskope in a research report on Tuesday, March 3rd. They issued an “overweight” rating and a $13.00 target price on the stock.

Insider Activity at Netskope

In other Netskope news, CRO Raphael Bousquet sold 3,823 shares of the 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sanjay Beri sold 178,482 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $17.13, for a total value of $3,057,396.66. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 270,190 shares of company stock valued at $4,639,362.

Institutional Trading of Netskope

Large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new position in Netskope in the 4th quarter valued at $25,000. Quarry LP acquired a new stake in shares of Netskope in the third quarter valued at about $41,000. Triumph Capital Management raised its position in shares of Netskope by 380.0% in the fourth quarter. Triumph Capital Management now owns 2,400 shares of the company’s stock valued at $42,000 after buying an additional 1,900 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Netskope by 261.7% in the fourth quarter. Wells Fargo & Company MN now owns 3,617 shares of the company’s stock worth $63,000 after buying an additional 2,617 shares in the last quarter. Finally, Assetmark Inc. purchased a new position in shares of Netskope in the third quarter worth about $83,000.

Netskope Price Performance

NASDAQ:NTSK opened at $9.07 on Monday. The company has a debt-to-equity ratio of 3.71, a current ratio of 2.13 and a quick ratio of 2.32. Netskope has a 52 week low of $7.66 and a 52 week high of $27.99. The company’s 50-day simple moving average is $11.07. The firm has a market cap of $3.57 billion and a PE ratio of -64.79.

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

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.