Netskope (NASDAQ:NTSK) Price Target Cut to $17.00 by Analysts at BTIG Research

Netskope (NASDAQ:NTSK) had its target price lowered by BTIG Research from $22.00 to $17.00 in a report released on Thursday morning,Benzinga reports. BTIG Research currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on the company. Piper Sandler restated an “overweight” rating on shares of Netskope in a research note on Friday, December 12th. Mizuho lowered their target price on Netskope from $26.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $26.00 price target on shares of Netskope in a research report on Friday, December 12th. Wells Fargo & Company initiated coverage on shares of 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 lowered their price objective on shares of Netskope from $27.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $18.89.

Netskope Stock Down 21.3%

Netskope stock opened at $9.55 on Thursday. Netskope has a 52 week low of $8.81 and a 52 week high of $27.99. The business’s 50 day moving average price is $13.34. The company has a market cap of $3.76 billion and a PE ratio of -95.50. 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 (NASDAQ:NTSK) 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 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.

Insider Activity at Netskope

In other news, CFO Matto Andrew H. Del sold 77,207 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $16.92, for a total value of $1,306,342.44. Following the completion of the transaction, the chief financial officer directly owned 41,493 shares of the company’s stock, valued at $702,061.56. This trade represents a 65.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sanjay Beri sold 346,061 shares of Netskope stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $16.91, for a total value of $5,851,891.51. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,049,721 shares of company stock worth $18,020,279.

Institutional Inflows and Outflows

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

Trending Headlines about Netskope

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Q4 results and guidance: Netskope beat street EPS and delivered 32% YoY revenue growth; management set FY‑2027 revenue guidance of $870M–$876M (above consensus) and Q1/FY EPS ranges that were mixed vs. estimates. This fundamental beat and revenue guide are constructive for growth expectations. Netskope Announces Strong Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Product/AI positioning: Company is emphasizing an AI‑native security platform (Netskope One AI Security), which supports longer‑term TAM expansion in cloud + AI security and underpins analyst conviction despite cuts. Netskope Unveils Netskope One AI Security
• Neutral Sentiment: Analyst stance remains generally constructive: Brokers still carry buy/overweight/outperform ratings overall (consensus ~“Moderate Buy”), even after trimming targets — indicating belief in recovery but with nearer‑term caution. Consensus Recommendation Given
• Negative Sentiment: Broad price‑target cuts: Multiple firms (JPMorgan, Deutsche Bank, Oppenheimer, RBC, BMO, KeyCorp, Morgan Stanley, Robert W. Baird, BTIG, Mizuho, Citizens Jmp, etc.) lowered targets today — trimming upside and triggering selling pressure as investors reprice expectations. Broker Price Target Cuts
• Negative Sentiment: Lockup expiry and perceived Q4 softness: Reports note analysts are worried about softer-than-expected Q4 trends and an impending lockup expiration that could increase share supply, amplifying downward momentum. MSN Article on Lockup/Analyst Concerns
• Negative Sentiment: Shareholder investigation: A law firm is soliciting Netskope investors about potential claims involving executives, which can increase legal risk and investor uncertainty. Johnson Fistel Investigation Notice

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.