JPMorgan Chase & Co. Cuts Netskope (NASDAQ:NTSK) Price Target to $19.00

Netskope (NASDAQ:NTSK) had its target price cut by JPMorgan Chase & Co. from $23.00 to $19.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have an overweight rating on the stock.

Other equities analysts have also issued reports about the stock. Mizuho lowered their target price on shares of Netskope from $20.00 to $16.00 and set an “outperform” rating for the company in a report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $26.00 price objective on shares of Netskope in a research report on Friday, December 12th. Wells Fargo & Company initiated coverage on Netskope in a research note on Tuesday, March 3rd. They set an “overweight” rating and a $13.00 price objective for the company. FBN Securities initiated coverage on Netskope in a report on Wednesday, February 25th. They issued an “outperform” rating and a $15.00 target price on the stock. Finally, KeyCorp cut their target price on Netskope from $17.00 to $15.00 and set an “overweight” rating on the stock in a research note on Thursday. One 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 assigned a Sell rating to the company. According to MarketBeat, Netskope has a consensus rating of “Moderate Buy” and an average price target of $18.89.

Netskope Price Performance

NASDAQ:NTSK opened at $9.74 on Thursday. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 5.17. The stock has a 50-day simple moving average of $13.20. The stock has a market cap of $3.83 billion and a P/E ratio of -97.40. Netskope has a 1-year low of $8.81 and a 1-year high of $27.99.

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

In related news, CFO Matto Andrew H. Del sold 49,875 shares of the company’s stock in a transaction that occurred 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 directly owned 41,493 shares of the company’s stock, valued at approximately $712,019.88. This represents a 54.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sanjay Beri sold 31,594 shares of the stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $17.58, for a total value of $555,422.52. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,049,721 shares of company stock valued at $18,020,279 over the last 90 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC bought a new position in shares of Netskope during the fourth quarter valued at $25,000. Quarry LP bought a new stake in Netskope in the 3rd quarter worth about $41,000. Triumph Capital Management raised its position in Netskope by 380.0% in the 4th quarter. Triumph Capital Management now owns 2,400 shares of the company’s stock worth $42,000 after buying an additional 1,900 shares during the last quarter. Wells Fargo & Company MN raised its position in Netskope by 261.7% in the 4th 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, Leonteq Securities AG bought a new position in Netskope during the 4th quarter valued at about $64,000.

Key Netskope News

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.