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

Netskope Inc. (NASDAQ:NTSKGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the eighteen research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $23.4706.

Several research firms recently weighed in on NTSK. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Netskope in a research report on Wednesday, February 11th. Oppenheimer decreased their target price on shares of Netskope from $28.00 to $23.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Netskope in a research report on Monday, December 29th. TD Cowen cut their price target on shares of Netskope from $30.00 to $25.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $26.00 price objective on shares of Netskope in a research note on Friday, December 12th.

View Our Latest Report on Netskope

Netskope Price Performance

Netskope stock opened at $12.13 on Thursday. The company has a market cap of $4.77 billion and a price-to-earnings ratio of -121.30. 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 $13.50. Netskope has a one year low of $9.13 and a one year high of $27.99.

Netskope (NASDAQ:NTSKGet Free Report) 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.

Insider Buying and Selling at Netskope

In other news, CFO Matto Andrew H. Del sold 49,875 shares of Netskope stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $17.16, for a total value of $855,855.00. Following the transaction, the chief financial officer owned 41,493 shares in the company, valued at approximately $712,019.88. This trade represents a 54.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CRO Raphael Bousquet sold 3,823 shares of the business’s stock in a transaction on 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 quarter, insiders have sold 1,049,721 shares of company stock valued at $18,020,279.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NTSK. Farther Finance Advisors LLC bought a new position in shares of Netskope in the fourth quarter worth about $25,000. Quarry LP bought a new position in Netskope in the 3rd quarter valued at approximately $41,000. Triumph Capital Management boosted its position in 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 in the last quarter. Wells Fargo & Company MN grew its stake in shares of Netskope by 261.7% during 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 during the last quarter. Finally, Assetmark Inc. acquired a new position in shares of Netskope during the third quarter worth $83,000.

Key Stories Impacting Netskope

Here are the key news stories impacting Netskope this week:

Netskope Company Profile

(Get Free Report)

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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Analyst Recommendations for Netskope (NASDAQ:NTSK)

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