NetScout Systems (NASDAQ:NTCT) Issues FY 2026 Earnings Guidance

Key Points

• NetScout Systems has updated its FY 2026 earnings guidance, projecting earnings per share (EPS) of 2.250-2.40 and revenue of $825.0 million-$865.0 million, slightly differing from consensus estimates.
• Shares of NetScout Systems declined 2.0% to $21.28, with the stock's trading volume surpassing its average, indicating increased market activity.
• Insider transactions included COO Michael Szabados selling 7,500 shares and director Joseph G. Hadzima Jr. selling 3,500 shares, indicating notable insider selling in the company.

NetScout Systems (NASDAQ:NTCT - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.250-2.40 for the period, compared to the consensus earnings per share estimate of 2.277. The company issued revenue guidance of $825.0 million-$865.0 million, compared to the consensus revenue estimate of $838.0 million.

NetScout Systems Stock Performance

Shares of NASDAQ NTCT traded down $0.13 during trading hours on Monday, hitting $21.46. The company's stock had a trading volume of 33,266 shares, compared to its average volume of 505,062. The business has a 50-day simple moving average of $23.14 and a 200-day simple moving average of $22.42. NetScout Systems has a 12 month low of $18.12 and a 12 month high of $27.89. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of 21.55 and a beta of 0.65.

NetScout Systems (NASDAQ:NTCT - Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.05. The business had revenue of $186.75 million during the quarter, compared to analyst estimates of $181.50 million. NetScout Systems had a net margin of 8.72% and a return on equity of 7.47%. The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.28 EPS. On average, equities research analysts forecast that NetScout Systems will post 1.5 EPS for the current year.

Insider Transactions at NetScout Systems

In other NetScout Systems news, COO Michael Szabados sold 7,500 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $22.77, for a total value of $170,775.00. Following the transaction, the chief operating officer directly owned 28,489 shares in the company, valued at $648,694.53. The trade was a 20.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John Downing sold 3,000 shares of the company's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $23.47, for a total transaction of $70,410.00. Following the completion of the transaction, the executive vice president owned 127,352 shares of the company's stock, valued at approximately $2,988,951.44. The trade was a 2.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold 14,000 shares of company stock valued at $324,660 over the last 90 days. Corporate insiders own 3.82% of the company's stock.

Hedge Funds Weigh In On NetScout Systems

Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in NetScout Systems by 23.3% in the first quarter. Royal Bank of Canada now owns 51,798 shares of the technology company's stock worth $1,088,000 after purchasing an additional 9,802 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of NetScout Systems by 5.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,377 shares of the technology company's stock worth $869,000 after purchasing an additional 2,036 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in NetScout Systems by 17.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company's stock valued at $29,844,000 after acquiring an additional 207,807 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of NetScout Systems by 7.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,284 shares of the technology company's stock worth $4,481,000 after purchasing an additional 15,112 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of NetScout Systems by 64.3% during the 1st quarter. Jane Street Group LLC now owns 348,209 shares of the technology company's stock worth $7,316,000 after buying an additional 136,253 shares during the last quarter. Institutional investors and hedge funds own 91.64% of the company's stock.

NetScout Systems Company Profile

NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.