BMO Capital Markets Has Lowered Expectations for Netskope (NASDAQ:NTSK) Stock Price

by · The Markets Daily

Netskope (NASDAQ:NTSK – Get Free Report) had its price target decreased by stock analysts at BMO Capital Markets from $14.00 to $13.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 4.84% from the stock’s current price.

A number of other analysts have also recently issued reports on the stock. Mizuho reduced their target price on shares of Netskope from $20.00 to $16.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. Piper Sandler reiterated an “overweight” rating and issued a $18.00 target price on shares of Netskope in a research note on Thursday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Netskope in a research note on Friday, March 27th. Citizens Jmp reduced their target price on shares of Netskope from $23.00 to $17.00 and set a “market outperform” rating for the company in a research note on Friday, May 1st. Finally, TD Cowen reiterated a “buy” rating on shares of Netskope in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Netskope presently has an average rating of “Moderate Buy” and a consensus price target of $17.84.

Read Our Latest Analysis on NTSK

Netskope Stock Performance

Shares of NTSK stock opened at $12.40 on Thursday. The company has a debt-to-equity ratio of 3.71, a current ratio of 2.13 and a quick ratio of 2.12. Netskope has a fifty-two week low of $7.66 and a fifty-two week high of $27.99. The stock’s 50-day moving average is $10.24 and its two-hundred day moving average is $13.49. The firm has a market cap of $4.96 billion and a P/E ratio of -88.57.

Netskope (NASDAQ:NTSK – Get Free Report) last issued its earnings results on Wednesday, June 3rd. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.01. The firm had revenue of $201.59 million during the quarter. The company’s revenue for the quarter was up 27.8% compared to the same quarter last year. Netskope has set its Q2 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.180–0.180 EPS. Analysts predict that Netskope will post -0.19 earnings per share for the current fiscal year.

Institutional Trading of Netskope

Several large investors have recently made changes to their positions in NTSK. ICONIQ Capital LLC bought a new stake in shares of Netskope during the 3rd quarter worth about $1,506,261,000. Scge Management L.P. bought a new stake in shares of Netskope during the 3rd quarter worth about $312,104,000. Vanguard Group Inc. bought a new stake in shares of Netskope during the 3rd quarter worth about $80,006,000. Public Sector Pension Investment Board bought a new stake in shares of Netskope during the 4th quarter worth about $60,882,000. Finally, TimesSquare Capital Management LLC bought a new stake in shares of Netskope during the 3rd quarter worth about $61,833,000.

Key Stories Impacting Netskope

Here are the key news stories impacting Netskope this week:

  • Positive Sentiment: Netskope reported fiscal Q1 2027 results with EPS of -$0.06, beating expectations of -$0.07, and revenue rose 27.8% year over year to $201.59 million. Netskope Announces Strong Fiscal First Quarter 2027 Financial Results
  • Positive Sentiment: The company raised guidance for both Q2 and full-year fiscal 2027, with revenue outlooks above consensus and EPS guidance slightly better than expected, signaling continued growth momentum. Netskope Announces Strong Fiscal First Quarter 2027 Financial Results
  • Positive Sentiment: Netskope announced new AI-related initiatives, including AI Command Center and participation in Anthropic’s Project Glasswing, which could strengthen its product story in a hot enterprise AI security market. Netskope Joins Anthropic’s Project Glasswing
  • Neutral Sentiment: Robert W. Baird cut its price target to $16 from $20 while reiterating an outperform rating, suggesting analysts still see upside despite lower near-term expectations. Benzinga
  • Neutral Sentiment: BTIG Research lowered its target to $14 from $17 and maintained a buy rating, reflecting a more cautious valuation view but no change in its constructive stance. Benzinga

Netskope Company Profile

(Get Free Report)

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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