NetScout Systems (NASDAQ:NTCT) Hits New 12-Month High - What's Next?

Key Points

• Shares of NetScout reached a new 52-week high, trading around $34.94 (up ~3.3%) with a 50‑day MA of $31.45, 200‑day MA of $28.88 and a market cap of about $2.54 billion.
• NetScout beat expectations for the quarter with EPS of $1.00 (vs. $0.86 est.) and revenue of $250.7M (vs. $233.7M est.), though revenue was down 0.5% YoY; the company set FY2026 EPS guidance of 2.37–2.45.
• Analyst views are mixed: the average MarketBeat rating is "Moderate Buy" but the average price target is $31—below the current share price—while firms range from downgrades to upgrades.

Shares of NetScout Systems, Inc. (NASDAQ:NTCT - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $34.87 and last traded at $34.9410, with a volume of 49000 shares. The stock had previously closed at $33.98.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings reissued a "hold (c)" rating on shares of NetScout Systems in a research report on Friday, March 27th. Royal Bank Of Canada decreased their target price on shares of NetScout Systems from $31.00 to $29.00 and set a "sector perform" rating for the company in a research report on Monday, January 5th. Finally, Wall Street Zen raised shares of NetScout Systems from a "hold" rating to a "buy" rating in a research report on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $31.00.

NetScout Systems Trading Up 3.3%

The company's fifty day moving average is $31.45 and its 200-day moving average is $28.88. The firm has a market capitalization of $2.54 billion, a P/E ratio of 27.01 and a beta of 0.61.

NetScout Systems (NASDAQ:NTCT - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.14. The business had revenue of $250.68 million during the quarter, compared to the consensus estimate of $233.69 million. NetScout Systems had a net margin of 11.13% and a return on equity of 8.49%. NetScout Systems's quarterly revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.94 EPS. NetScout Systems has set its FY 2026 guidance at 2.370-2.450 EPS. On average, equities research analysts anticipate that NetScout Systems, Inc. will post 1.74 EPS for the current year.

Insider Activity

In related news, EVP John Downing sold 3,000 shares of the company's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $30.00, for a total transaction of $90,000.00. Following the completion of the sale, the executive vice president directly owned 129,494 shares of the company's stock, valued at approximately $3,884,820. This represents a 2.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.82% of the company's stock.

Institutional Trading of NetScout Systems

Several large investors have recently modified their holdings of NTCT. IFP Advisors Inc boosted its holdings in NetScout Systems by 147.2% in the 4th quarter. IFP Advisors Inc now owns 1,011 shares of the technology company's stock valued at $27,000 after purchasing an additional 602 shares during the period. Farther Finance Advisors LLC boosted its holdings in NetScout Systems by 92.8% in the 4th quarter. Farther Finance Advisors LLC now owns 1,290 shares of the technology company's stock valued at $35,000 after purchasing an additional 621 shares during the period. Advisory Services Network LLC bought a new stake in NetScout Systems in the 3rd quarter valued at $35,000. Global Retirement Partners LLC bought a new stake in NetScout Systems in the 4th quarter valued at $39,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in NetScout Systems by 1,936.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,016 shares of the technology company's stock valued at $50,000 after purchasing an additional 1,917 shares during the period. 91.64% of the stock is owned by institutional investors.

NetScout Systems Company Profile

NetScout Systems, Inc is a leading provider of network performance management, service assurance and cybersecurity solutions. The company designs and delivers hardware and software platforms that capture and analyze real-time and historical packet data, enabling IT teams and service providers to monitor application performance, troubleshoot network issues and defend against distributed denial-of-service (DDoS) attacks. NetScout's flagship offerings include the nGeniusONE service assurance platform and the InfiniStream packet broker, which together provide end-to-end visibility across hybrid and multi-cloud environments.

Founded in 1984 and headquartered in Westford, Massachusetts, NetScout has built a reputation for scalable and resilient monitoring infrastructure.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.