Netskope Inc. (NASDAQ:NTSK) Receives $18.89 Average PT from Analysts

Netskope Inc. (NASDAQ:NTSK) has received a consensus recommendation of “Moderate Buy” from the nineteen brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $18.8889.

NTSK has been the subject of a number of research analyst reports. Royal Bank Of Canada decreased their target price on Netskope from $19.00 to $14.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. Mizuho decreased their target price on Netskope from $20.00 to $16.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. Robert W. Baird decreased their target price on Netskope from $27.00 to $20.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft decreased their target price on Netskope from $22.00 to $16.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. Finally, Wells Fargo & Company initiated coverage on Netskope in a research note on Tuesday, March 3rd. They issued an “overweight” rating and a $13.00 target price for the company.

Netskope Price Performance

NTSK stock opened at $8.67 on Monday. The company has a market capitalization of $3.47 billion and a P/E ratio of -61.93. Netskope has a twelve month low of $7.66 and a twelve month high of $27.99. The company has a current ratio of 2.13, a quick ratio of 2.12 and a debt-to-equity ratio of 3.71. The business’s fifty day moving average price is $10.43.

Netskope (NASDAQ:NTSK) last released its quarterly earnings data on Wednesday, March 11th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. The company had revenue of $196.33 million during the quarter. The firm’s quarterly revenue was up 32.2% on a year-over-year basis. Netskope has set its Q1 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.190–0.190 EPS.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. boosted its position in Netskope by 199,900.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,000 shares of the company’s stock valued at $70,000 after purchasing an additional 3,998 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Netskope in the fourth quarter valued at approximately $87,000. Virtu Financial LLC raised its stake in Netskope by 239.4% in the fourth quarter. Virtu Financial LLC now owns 32,512 shares of the company’s stock valued at $570,000 after buying an additional 22,932 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in Netskope by 14.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,556,583 shares of the company’s stock valued at $62,383,000 after buying an additional 456,321 shares during the period. Finally, XTX Topco Ltd raised its stake in Netskope by 11.3% in the fourth quarter. XTX Topco Ltd now owns 28,956 shares of the company’s stock valued at $508,000 after buying an additional 2,950 shares during the period.

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.