BTIG Research Cuts Netskope (NASDAQ:NTSK) Price Target to $17.00

Netskope (NASDAQ:NTSK) had its target price reduced by BTIG Research from $22.00 to $17.00 in a research report report published on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other brokerages have also recently weighed in on NTSK. Mizuho reduced their price target on Netskope from $26.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. Wells Fargo & Company started coverage on shares of Netskope in a research note on Tuesday, March 3rd. They set an “overweight” rating and a $13.00 price objective on the stock. Morgan Stanley cut their target price on shares of Netskope from $27.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday. FBN Securities began coverage on shares of Netskope in a research note on Wednesday, February 25th. They issued an “outperform” rating and a $15.00 target price for the company. Finally, TD Cowen lowered their price target on shares of Netskope from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $18.89.

Netskope Stock Up 2.0%

Shares of NASDAQ NTSK opened at $9.74 on Thursday. Netskope has a 52 week low of $8.81 and a 52 week high of $27.99. The firm has a 50 day moving average price of $13.20. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 5.17. The stock has a market capitalization of $3.83 billion and a price-to-earnings ratio of -97.40.

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

In other news, CFO Matto Andrew H. Del sold 77,207 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $16.92, for a total transaction of $1,306,342.44. Following the transaction, the chief financial officer owned 41,493 shares in the company, valued at $702,061.56. This trade represents a 65.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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 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 valued at $18,020,279 in the last three months.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NTSK. Chicago Capital LLC acquired a new stake in Netskope in the 3rd quarter worth about $2,056,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Netskope during the third quarter valued at approximately $72,463,000. Federated Hermes Inc. purchased a new position in shares of Netskope in the third quarter valued at approximately $18,184,000. New York State Common Retirement Fund acquired a new stake in shares of Netskope in the third quarter worth approximately $943,000. Finally, Principal Financial Group Inc. acquired a new stake in shares of Netskope in the third quarter worth approximately $27,239,000.

Netskope News Roundup

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

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.