Robert W. Baird Lowers Netskope (NASDAQ:NTSK) Price Target to $20.00

Key Points

• Robert W. Baird cut its price target on Netskope to $20 (from $27) while keeping an "outperform" rating; MarketBeat's consensus target is about $22.24 and the consensus rating is "Moderate Buy."
• Netskope beat Q4 expectations with ($0.04) EPS and $196.3M revenue (up 32% YoY) and raised FY‑2027 revenue guidance to $870–$876M, though near‑term EPS guidance remains negative.
• Insiders have sold over 1,049,721 shares (~$18.0M) in the last 90 days and a shareholder investigation has been announced, adding potential legal risk and headline volatility.

Netskope (NASDAQ:NTSK - Get Free Report) had its target price cut by stock analysts at Robert W. Baird from $27.00 to $20.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Robert W. Baird's target price would indicate a potential upside of 64.88% from the company's current price.

NTSK has been the subject of several other reports. FBN Securities started coverage on shares of Netskope in a report on Wednesday, February 25th. They issued an "outperform" rating and a $15.00 price target for the company. Piper Sandler restated an "overweight" rating on shares of Netskope in a research note on Friday, December 12th. Mizuho dropped their price target on Netskope from $26.00 to $20.00 and set an "outperform" rating for the company in a research report on Tuesday, February 17th. Wells Fargo & Company initiated coverage on Netskope in a report on Tuesday, March 3rd. They set an "overweight" rating and a $13.00 price objective for the company. Finally, Morgan Stanley cut their price target on shares of Netskope from $27.00 to $18.00 and set an "overweight" rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $22.24.

Netskope Price Performance

Shares of NTSK stock opened at $12.13 on Thursday. The firm has a 50-day moving average price of $13.50. The company has a debt-to-equity ratio of 5.17, a quick ratio of 2.32 and a current ratio of 2.32. Netskope has a one year low of $9.13 and a one year high of $27.99. The stock has a market capitalization of $4.77 billion and a P/E ratio of -121.30.

Netskope (NASDAQ:NTSK - Get Free Report) last issued its quarterly earnings results on Wednesday, March 11th. The company reported ($0.04) EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.02. The firm had revenue of $196.33 million for the quarter. The business's revenue was up 32.2% on a year-over-year basis. 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 Activity at Netskope

In related news, CEO Sanjay Beri sold 31,594 shares of the stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $17.58, for a total value of $555,422.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 disclosure for this sale is available in the SEC filing. Insiders have sold 1,049,721 shares of company stock worth $18,020,279 over the last ninety days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Chicago Capital LLC purchased a new position in Netskope in the 3rd quarter worth approximately $2,056,000. Massachusetts Financial Services Co. MA purchased a new position in Netskope during the third quarter valued at $72,463,000. Federated Hermes Inc. bought a new stake in Netskope in the 3rd quarter valued at $18,184,000. New York State Common Retirement Fund purchased a new stake in Netskope in the 3rd quarter worth $943,000. Finally, Principal Financial Group Inc. bought a new position 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: Q4 results beat and strong growth — Netskope reported ($0.04) EPS vs. consensus ($0.06) loss and revenue of $196.3M, up 32% YoY; ARR grew ~31% to $811M and operating cash flow was positive. These operational metrics support higher revenue visibility and justify valuation re‑rating potential. GlobeNewswire Press Release
• Positive Sentiment: FY revenue target raised above consensus — Management set FY 2027 revenue guidance of $870M–$876M vs. Street $865.5M, and Q1 revenue guidance roughly in line with consensus. The modest upside to revenue estimates is a near‑term catalyst. Seeking Alpha: Revenue Target
• Positive Sentiment: AI product launch supports forward growth story — Netskope unveiled “Netskope One AI Security,” positioning the company as an AI‑native security platform; this can expand enterprise wallet share and justify premium multiples if adoption follows. Business Insider: Netskope One AI Security
• Positive Sentiment: Analyst sentiment supports demand — Brokerages’ consensus is “Moderate Buy,” which can encourage inflows from institutional and momentum investors. American Banking News: Analyst Consensus
• Neutral Sentiment: Guidance mixed on profitability — Q1 EPS guide of -$0.07 to -$0.06 is slightly wider/near‑term pressured vs. consensus (-$0.06), while FY EPS range (-$0.19 to $0.19) is roughly in line to a touch better than expectations; revenue guidance is the more constructive element. Investor Presentation
• Neutral Sentiment: Earnings call and transcript available — Management commentary and slide deck provide detail on product cadence, sales efficiency and AI roadmap; watch for customer traction metrics on future calls. Seeking Alpha: Call Transcript
• Negative Sentiment: Shareholder investigation announced — Law firm Johnson Fistel is investigating potential claims against Netskope executives under federal securities laws; such probes can create legal/settlement risk and near‑term headline volatility. GlobeNewswire: Investigation

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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