Netskope's (NTSK) Outperform Rating Reiterated at Oppenheimer

Key Points

• Oppenheimer reiterated an Outperform rating on Netskope with a $19 target (down from $23), and the brokerage consensus remains a Moderate Buy with an average target near $19.83 despite widespread target cuts.
• Q4 results beat expectations (EPS –$0.04 vs. –$0.06) with 32% revenue growth to $196.3M and ARR up 31% to $811M, management raised FY‑2027 revenue guidance to $870–$876M and launched the "Netskope One AI Security" product.
• Negative catalysts include heavy insider selling (about 1.05M shares worth ~$18M in 90 days), an upcoming lock‑up expiration and a shareholder law‑firm probe, which—alongside multiple price‑target cuts—have weighed on the stock (trading near $9.56).

Netskope (NASDAQ:NTSK - Get Free Report)'s stock had its "outperform" rating reiterated by analysts at Oppenheimer in a report released on Thursday,Benzinga reports. They presently have a $19.00 target price on the stock, down from their previous target price of $23.00. Oppenheimer's target price would suggest a potential upside of 98.85% from the stock's previous close.

Several other equities research analysts have also recently commented on NTSK. William Blair set a $21.00 target price on Netskope in a research note on Thursday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $26.00 target price on shares of Netskope in a research report on Friday, December 12th. FBN Securities initiated coverage on shares of Netskope in a research note on Wednesday, February 25th. They set an "outperform" rating and a $15.00 price target for the company. BTIG Research reduced their price objective on shares of Netskope from $22.00 to $17.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, TD Cowen dropped their target price on shares of Netskope from $30.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Netskope presently has a consensus rating of "Moderate Buy" and an average target price of $19.83.

Netskope Stock Performance

NTSK traded down $2.58 during midday trading on Thursday, hitting $9.56. The company had a trading volume of 16,716,517 shares, compared to its average volume of 3,171,084. Netskope has a twelve month low of $8.81 and a twelve month high of $27.99. The firm has a 50-day moving average price of $13.50. The company has a market capitalization of $3.76 billion and a P/E ratio of -95.64. The company has a debt-to-equity ratio of 5.17, a current ratio of 2.32 and a quick ratio of 2.32.

Netskope (NASDAQ:NTSK - Get Free Report) last released its quarterly earnings results on Wednesday, March 11th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.02. The company had revenue of $196.33 million for the quarter. The company's 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.

Insider Transactions at Netskope

In related news, CFO Matto Andrew H. Del sold 77,207 shares of Netskope stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $16.92, for a total value of $1,306,342.44. Following the sale, the chief financial officer owned 41,493 shares of the company's stock, valued at approximately $702,061.56. The trade was a 65.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CRO Raphael Bousquet sold 3,823 shares of Netskope stock in a transaction on Monday, January 12th. The shares were sold at an average price of $16.66, for a total value of $63,691.18. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,049,721 shares of company stock worth $18,020,279.

Institutional Investors Weigh In On Netskope

Large investors have recently bought and sold shares of the business. Chicago Capital LLC purchased a new stake in Netskope in the third quarter worth approximately $2,056,000. Massachusetts Financial Services Co. MA bought a new position in Netskope in the third quarter valued at about $72,463,000. Federated Hermes Inc. purchased a new position in Netskope in the third quarter worth about $18,184,000. New York State Common Retirement Fund bought a new stake in shares of Netskope during the 3rd quarter valued at about $943,000. Finally, Principal Financial Group Inc. purchased a new stake in shares of Netskope during the 3rd quarter valued at about $27,239,000.

Netskope News Roundup

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Netskope beat the Q4 EPS estimate (reported $(0.04) vs. consensus $(0.06)) and delivered 32% revenue growth to $196.3M; ARR rose 31% to $811M — signs of healthy demand and execution. Earnings Release / Transcript
• Positive Sentiment: FY‑2027 revenue guidance was nudged above Street expectations ($870M–$876M vs. consensus ~$865.5M), and management highlighted AI‑native product expansion as a growth driver. Guidance / AI Strategy
• Positive Sentiment: Netskope launched “Netskope One AI Security,” positioning the company to win security spend tied to generative AI — a strategic product announcement that supports longer‑term revenue potential. Product Launch
• Neutral Sentiment: Brokerage consensus remains generally constructive (consensus "Moderate Buy"), with many firms keeping buy/outperform ratings despite trimming targets — indicating continued analyst conviction but more cautious valuation. Brokerage Consensus
• Negative Sentiment: Multiple firms cut price targets this morning (examples: RBC to $14, BMO to $14, KeyCorp to $15, Morgan Stanley to $18, Mizuho to $16, Robert W. Baird to $20, BTIG to $17). The coordinated downward revisions reduce implied upside and can trigger selling pressure. Analyst Price Target Cuts
• Negative Sentiment: Analysts and media flagged a "softer‑than‑expected" Q4 and an upcoming lock‑up expiration — the latter could increase share supply if insiders sell when restrictions lift. That combination likely amplified the negative market reaction. MSN Article
• Negative Sentiment: A shareholder law firm (Johnson Fistel) announced an investigation into possible claims against Netskope executives — creating legal/overhang risk that can weigh on sentiment while inquiries proceed. Investor Lawsuit Inquiry

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.

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