Netskope (NASDAQ:NTSK – Free Report) had its target price cut by Royal Bank Of Canada from $19.00 to $14.00 in a research report report published on Thursday morning,Benzinga reports. They currently have an outperform rating on the stock.
A number of other equities research analysts have also weighed in on NTSK. FBN Securities assumed coverage on shares of Netskope in a research note on Wednesday, February 25th. They set an “outperform” rating and a $15.00 target price on the stock. Robert W. Baird lowered their price objective on shares of Netskope from $27.00 to $20.00 and set an “outperform” rating for the company in a report on Thursday. Citizens Jmp cut their price objective on Netskope from $27.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday. Mizuho reduced their target price on Netskope from $20.00 to $16.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $26.00 target price on shares of Netskope in a research report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $18.89.
Read Our Latest Research Report on NTSK
Netskope Stock Up 2.0%
Netskope (NASDAQ:NTSK – Get Free Report) last issued its quarterly earnings data 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 company had revenue of $196.33 million for the quarter. The company’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
In related news, CFO Matto Andrew H. Del sold 77,207 shares of Netskope stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $16.92, for a total transaction of $1,306,342.44. Following the completion of the transaction, the chief financial officer directly owned 41,493 shares of the company’s stock, valued at $702,061.56. This trade represents a 65.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CRO Raphael Bousquet sold 3,823 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $16.66, for a total transaction of $63,691.18. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,049,721 shares of company stock worth $18,020,279 in the last three months.
Institutional Trading of Netskope
Hedge funds and other institutional investors have recently made changes to their positions in the stock. ICONIQ Capital LLC bought a new position in Netskope during the 3rd quarter valued at approximately $1,506,261,000. Scge Management L.P. bought a new stake in Netskope in the third quarter worth $312,104,000. Vanguard Group Inc. bought a new stake in Netskope in the third quarter worth $80,006,000. Public Sector Pension Investment Board purchased a new stake in shares of Netskope in the fourth quarter worth $60,882,000. Finally, Massachusetts Financial Services Co. MA bought a new position in shares of Netskope during the third quarter valued at $72,463,000.
Key Stories Impacting 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
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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