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

Shares of Netskope Inc. (NASDAQ:NTSK) have been assigned an average rating of “Moderate Buy” from the twenty research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $17.1053.

Several analysts have commented on the stock. BMO Capital Markets decreased their target price on shares of Netskope from $14.00 to $13.00 and set an “outperform” rating for the company in a research report on Thursday, June 4th. Royal Bank Of Canada set a $18.00 price target on shares of Netskope in a report on Thursday, June 4th. Mizuho reduced their price objective on shares of Netskope from $15.00 to $13.00 and set an “outperform” rating for the company in a research note on Thursday, June 4th. Oppenheimer decreased their price objective on shares of Netskope from $19.00 to $16.00 and set an “outperform” rating for the company in a report on Thursday, June 4th. Finally, TD Cowen lowered their target price on shares of Netskope from $25.00 to $19.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th.

Netskope News Roundup

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Director William J. G. Griffith bought 241,628 shares on July 10 at $12.26 per share, a $3.0 million purchase that raised his stake by 39.6%, signaling strong insider confidence. SEC filing
• Positive Sentiment: Major shareholder Iconiq Strategic Partners Viii also bought 241,628 shares on July 10 for $3.0 million, a notable increase in ownership that may be viewed as a bullish vote of confidence. SEC filing
• Positive Sentiment: Griffith added another 64,771 shares on July 13 at $12.42 per share, bringing his ownership up by 7.6% and reinforcing the insider-buying trend. SEC filing
• Positive Sentiment: Iconiq Strategic Partners Viii bought an additional 64,771 shares on July 13 at $12.42 per share, further boosting sentiment around the stock. SEC filing
• Positive Sentiment: Netskope saw unusual options activity, with call-option volume rising to 4,158 contracts, about 83% above the average daily level, which can signal speculative bullish positioning.
• Neutral Sentiment: Recent articles highlighting the insider purchases may be adding to investor attention, but they largely repeat the same transaction details. Article

Insider Buying and Selling

In related news, Director William J.G. Griffith purchased 64,771 shares of the firm’s stock in a transaction dated Monday, July 13th. The stock was bought at an average price of $12.42 per share, for a total transaction of $804,455.82. Following the purchase, the director owned 916,690 shares in the company, valued at $11,385,289.80. The trade was a 7.60% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Lightspeed Venture Partners Se sold 219,075 shares of the company’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $12.23, for a total value of $2,679,287.25. The SEC filing for this sale provides additional information. Over the last ninety days, insiders purchased 1,833,380 shares of company stock worth $21,960,909 and sold 3,529,696 shares worth $33,002,807. Insiders own 25.52% of the company’s stock.

Institutional Trading of Netskope

A number of institutional investors and hedge funds have recently modified their holdings of the company. Abound Wealth Management bought a new stake in shares of Netskope during the 2nd quarter worth $496,000. Wasatch Advisors LP acquired a new position in Netskope in the 2nd quarter valued at $25,107,000. Camelot Technology Advisors Inc. bought a new position in Netskope in the 2nd quarter worth $193,000. FNY Investment Advisers LLC raised its holdings in Netskope by 88.9% in the 2nd quarter. FNY Investment Advisers LLC now owns 8,500 shares of the company’s stock worth $92,000 after acquiring an additional 4,000 shares during the period. Finally, Bangor Savings Bank acquired a new position in Netskope during the 2nd quarter worth $104,000.

Netskope Stock Performance

Shares of NTSK stock opened at $14.27 on Wednesday. The company has a debt-to-equity ratio of 4.06, a current ratio of 2.17 and a quick ratio of 2.16. Netskope has a fifty-two week low of $7.66 and a fifty-two week high of $27.99. The stock’s 50-day moving average is $10.88 and its two-hundred day moving average is $11.66. The firm has a market cap of $5.76 billion and a P/E ratio of -71.35.

Netskope (NASDAQ:NTSK) last announced its quarterly earnings results on Wednesday, June 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.01. The firm had revenue of $201.59 million for the quarter. Netskope’s revenue for the quarter was up 27.8% compared to the same quarter last year. Netskope has set its Q2 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.180–0.180 EPS. Analysts predict that Netskope will post -0.88 earnings per share for the current fiscal year.

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.