Netskope (NASDAQ:NTSK) Issues Q1 2027 Earnings Guidance

Netskope (NASDAQ:NTSK) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of -0.070–0.060 for the period, compared to the consensus EPS estimate of -0.060. The company issued revenue guidance of $197.0 million-$199.0 million, compared to the consensus revenue estimate of $197.6 million. Netskope also updated its FY 2027 guidance to -0.190–0.190 EPS.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NTSK. KeyCorp decreased their price target on shares of Netskope from $24.00 to $17.00 and set an “overweight” rating for the company in a research note on Tuesday, February 17th. BTIG Research reduced their target price on shares of Netskope from $27.00 to $22.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Piper Sandler reiterated an “overweight” rating on shares of Netskope in a research note on Friday, December 12th. Royal Bank Of Canada restated an “outperform” rating on shares of Netskope in a research report on Wednesday, February 11th. Finally, TD Cowen reduced their price objective on Netskope from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Tuesday, February 24th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $23.47.

Netskope Stock Performance

NTSK traded up $0.12 on Wednesday, hitting $12.13. 5,847,897 shares of the company were exchanged, compared to its average volume of 2,841,419. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 5.17. The business has a fifty day moving average price of $13.61. Netskope has a fifty-two week low of $9.13 and a fifty-two week high of $27.99. The firm has a market capitalization of $4.77 billion and a price-to-earnings ratio of -121.30.

Netskope (NASDAQ:NTSK) last announced its earnings results on Wednesday, March 11th. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $196.33 million for the quarter. 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

In other news, CEO Sanjay Beri sold 31,594 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $17.58, for a total transaction of $555,422.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Raphael Bousquet sold 3,823 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was 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 sold a total of 1,049,721 shares of company stock valued at $18,020,279 over the last quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NTSK. Scge Management L.P. purchased a new position in Netskope in the 3rd quarter valued at about $312,104,000. Public Sector Pension Investment Board purchased a new stake in shares of Netskope during the fourth quarter worth about $60,882,000. Alta Park Capital LP acquired a new position in shares of Netskope in the third quarter worth about $29,840,000. Alliancebernstein L.P. purchased a new position in Netskope in the third quarter valued at about $19,776,000. Finally, Franklin Resources Inc. grew its stake in Netskope by 101.9% during the 4th quarter. Franklin Resources Inc. now owns 1,551,232 shares of the company’s stock valued at $27,209,000 after purchasing an additional 783,092 shares in the last quarter.

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.