Netskope (NASDAQ:NTSK) Issues FY 2027 Earnings Guidance

Netskope (NASDAQ:NTSK) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of -0.150–0.150 for the period, compared to the consensus earnings per share estimate of -0.320. The company issued revenue guidance of $888.0 million-$892.0 million, compared to the consensus revenue estimate of $881.0 million. Netskope also updated its Q3 2027 guidance to -0.040–0.030 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on NTSK shares. BTIG Research reduced their target price on Netskope from $17.00 to $14.00 and set a “buy” rating on the stock in a report on Thursday, June 4th. Piper Sandler decreased their price objective on shares of Netskope from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, June 4th. Mizuho set a $16.00 target price on shares of Netskope in a report on Wednesday, August 19th. Oppenheimer increased their price target on Netskope from $16.00 to $19.00 and gave the stock an “outperform” rating in a report on Wednesday, August 19th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Netskope in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Netskope currently has a consensus rating of “Moderate Buy” and an average price target of $17.71.

Netskope Stock Performance

NASDAQ:NTSK opened at $13.75 on Thursday. The stock has a fifty day moving average price of $13.27 and a 200-day moving average price of $11.27. The company has a market cap of $5.55 billion and a price-to-earnings ratio of -68.75. The company has a debt-to-equity ratio of 4.06, a quick ratio of 2.16 and a current ratio of 2.17. Netskope has a fifty-two week low of $7.66 and a fifty-two week high of $27.99.

Netskope (NASDAQ:NTSK) last announced its quarterly earnings data on Wednesday, September 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.23. The firm had revenue of $220.54 million during the quarter. Netskope has set its FY 2027 guidance at -0.150–0.150 EPS and its Q3 2027 guidance at -0.040–0.030 EPS. As a group, equities analysts anticipate that Netskope will post -0.88 EPS for the current fiscal year.

Insider Activity at Netskope

In related news, Director William J.G. Griffith acquired 64,771 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The stock was acquired at an average price of $12.42 per share, with a total value of $804,455.82. Following the purchase, the director directly owned 916,690 shares in the company, valued at approximately $11,385,289.80. This trade represents a 7.60% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Lightspeed Venture Partners Se sold 219,075 shares of the business’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $12.23, for a total transaction of $2,679,287.25. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have purchased 1,833,380 shares of company stock valued at $21,960,909 and have sold 3,529,696 shares valued at $33,002,807. Corporate insiders own 25.52% of the company’s stock.

Netskope News Roundup

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Strong quarterly performance: Netskope reported fiscal Q2 revenue of approximately $220.5 million, up 29% year over year, while adjusted EPS was a loss of $0.03 versus the consensus estimate of a $0.26 loss. Annual recurring revenue increased 27% to $899 million, and management said results exceeded guidance across every metric. Netskope Announces Strong Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Raised financial outlook: Netskope forecast third-quarter revenue of $227 million to $229 million, above analysts’ $226.6 million estimate, and projected a narrower EPS loss of $0.03 to $0.04. Full-year fiscal 2027 revenue guidance was increased to $888 million-$892 million from a consensus estimate of $881 million, while the expected EPS loss of $0.15 is substantially better than the $0.32 analyst forecast. Netskope Raises Fiscal 2027 Revenue Outlook
• Positive Sentiment: AI and cloud-security demand remain a growth catalyst: Coverage highlights Netskope as a smaller cybersecurity company benefiting from increased enterprise adoption of AI, cloud applications and related security tools. AI Boom Powers Growth in Netskope
• Neutral Sentiment: Analyst sentiment is constructive but not uniformly bullish: Analysts currently assign Netskope an average “Moderate Buy” rating. The improved guidance supports potential estimate upgrades, although the company remains unprofitable and trades with a negative P/E ratio. Netskope Given Moderate Buy Rating
• Negative Sentiment: Profitability remains a concern: Despite beating EPS expectations, Netskope still posted a net loss and continues to guide for negative fiscal-year earnings. After the initial positive reaction to the earnings release, investors may be locking in gains following the stock’s rebound from its 52-week low.

Hedge Funds Weigh In On Netskope

Several large investors have recently bought and sold shares of the company. Virtu Financial LLC raised its holdings in Netskope by 239.4% in the 4th 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 last quarter. T. Rowe Price Investment Management Inc. increased its holdings 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 worth $62,383,000 after purchasing an additional 456,321 shares in the last quarter. XTX Topco Ltd lifted its position in shares of Netskope by 11.3% during the 4th quarter. XTX Topco Ltd now owns 28,956 shares of the company’s stock valued at $508,000 after acquiring an additional 2,950 shares during the period. Bamco Inc. NY grew its stake in shares of Netskope by 28.1% in the 4th quarter. Bamco Inc. NY now owns 2,981,743 shares of the company’s stock valued at $52,300,000 after buying an additional 654,964 shares during the period. Finally, Freestone Grove Partners LP raised its position in shares of Netskope by 25.1% during the fourth quarter. Freestone Grove Partners LP now owns 250,147 shares of the company’s stock worth $4,388,000 after purchasing an additional 50,147 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.