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

Netskope Inc. (NASDAQ:NTSK) has been given an average recommendation of “Moderate Buy” by the twenty research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, seventeen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $18.4211.

A number of equities analysts have recently commented on the company. FBN Securities assumed coverage on Netskope in a report on Wednesday, February 25th. They issued an “outperform” rating and a $15.00 target price for the company. Oppenheimer restated an “outperform” rating and issued a $19.00 price target (down from $23.00) on shares of Netskope in a research report on Thursday, March 12th. BTIG Research lowered their price target on Netskope from $22.00 to $17.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Rosenblatt Securities assumed coverage on Netskope in a research report on Tuesday, April 14th. They issued a “buy” rating and a $15.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Netskope from $22.00 to $16.00 and set a “buy” rating for the company in a research report on Thursday, March 12th.

Institutional Trading of Netskope

Institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC bought a new stake in Netskope in the fourth quarter worth $25,000. Quarry LP bought a new stake in Netskope in the third quarter worth $41,000. Triumph Capital Management raised its holdings in shares of Netskope by 380.0% in the fourth 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 period. Wells Fargo & Company MN raised its holdings 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 during the period. Finally, Assetmark Inc. purchased a new stake in shares of Netskope in the third quarter worth approximately $83,000.

Netskope Price Performance

Shares of Netskope stock opened at $11.75 on Tuesday. The stock has a 50 day moving average of $9.89 and a 200 day moving average of $13.97. Netskope has a 12 month low of $7.66 and a 12 month high of $27.99. The firm has a market cap of $4.70 billion and a PE ratio of -83.93. The company has a current ratio of 2.13, a quick ratio of 2.12 and a debt-to-equity ratio of 3.71.

Netskope (NASDAQ:NTSK) last announced its quarterly earnings results on Wednesday, March 11th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The firm had revenue of $196.33 million for the quarter. Netskope’s revenue for the quarter 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. On average, research analysts expect that Netskope will post -0.19 EPS for the current fiscal year.

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.