Netskope (NASDAQ:NTSK) Trading 6.5% Higher - Time to Buy?

Key Points

• Netskope shares jumped 6.5% to about $8.24 intraday on Monday, but the move occurred on light trading (~922,286 shares, down ~75% from the 3.65M average).
• The stock carries a consensus rating of Moderate Buy with an average price target of $18.89, as several analysts kept Buy/outperform calls but trimmed price targets.
• Netskope beat quarterly EPS expectations (‑$0.04 vs. ‑$0.06) and revenue rose 32.2% YoY to $196.3M, yet it still guides to negative EPS for Q1 and FY2027, and insiders—including the CEO—have recently sold large stakes (CEO sold 346,061 shares).

Netskope Inc. (NASDAQ:NTSK - Get Free Report) shares were up 6.5% on Monday . The stock traded as high as $8.12 and last traded at $8.2350. Approximately 922,286 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 3,654,489 shares. The stock had previously closed at $7.73.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on NTSK shares. Oppenheimer reissued an "outperform" rating and issued a $19.00 price target (down from $23.00) on shares of Netskope in a report 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. Citizens Jmp dropped their price target on Netskope from $27.00 to $23.00 and set a "market outperform" rating on the stock in a research report on Thursday, March 12th. TD Cowen cut their price objective on Netskope from $30.00 to $25.00 and set a "buy" rating on the stock in a report on Tuesday, February 24th. Finally, William Blair set a $21.00 price objective on Netskope in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $18.89.

Netskope Price Performance

The company has a debt-to-equity ratio of 5.17, a quick ratio of 2.32 and a current ratio of 2.32. The business's 50-day simple moving average is $11.72. The firm has a market capitalization of $3.16 billion and a price-to-earnings ratio of -57.07.

Netskope (NASDAQ:NTSK - Get Free Report) last posted its quarterly earnings data on Wednesday, March 11th. The company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.02. The business had revenue of $196.33 million for the quarter. Netskope's quarterly revenue was up 32.2% compared to the same quarter last year. Netskope has set its Q1 2027 guidance at -0.070--0.060 EPS and its FY 2027 guidance at -0.190--0.190 EPS.

Insiders Place Their Bets

In other news, CEO Sanjay Beri sold 346,061 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $16.91, for a total value of $5,851,891.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CRO Raphael Bousquet sold 3,823 shares of the firm's stock in a transaction on Monday, January 12th. The shares were sold at an average price of $16.66, for a total transaction of $63,691.18. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,049,721 shares of company stock valued at $18,020,279 in the last 90 days.

Institutional Investors Weigh In On Netskope

A number of institutional investors and hedge funds have recently modified their holdings of the company. New York Life Insurance Co. bought a new position in Netskope in the 3rd quarter valued at about $31,236,000. Federated Hermes Inc. acquired a new position in shares of Netskope in the third quarter valued at approximately $18,184,000. Massachusetts Financial Services Co. MA bought a new position in shares of Netskope during the third quarter worth approximately $72,463,000. Insight Holdings Group LLC acquired a new stake in Netskope during the 3rd quarter worth approximately $3,978,000. Finally, Tudor Investment Corp ET AL acquired a new stake in Netskope during the 3rd quarter worth approximately $3,928,000.

Netskope Company Profile

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.

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