Netskope (NASDAQ:NTSK) Price Target Cut to $23.00 by Analysts at Citizens Jmp

Netskope (NASDAQ:NTSK) had its price objective lowered by Citizens Jmp from $27.00 to $23.00 in a report published on Thursday,Benzinga reports. The brokerage currently has a market outperform rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Mizuho cut their price objective on shares of Netskope from $26.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. TD Cowen decreased their target price on shares of Netskope from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Morgan Stanley dropped their target price on shares of Netskope from $27.00 to $18.00 and set an “overweight” rating for the company in a research report on Thursday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Netskope in a research report on Wednesday, February 11th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Netskope in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Netskope has a consensus rating of “Moderate Buy” and an average target price of $18.89.

Netskope Price Performance

Shares of NASDAQ NTSK opened at $9.55 on Thursday. The firm has a fifty day moving average of $13.34. The firm 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 current ratio of 2.32 and a quick ratio of 2.32. Netskope has a fifty-two week low of $8.81 and a fifty-two week high of $27.99.

Netskope (NASDAQ:NTSK) last released its earnings results on Wednesday, March 11th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.02. The company had revenue of $196.33 million for the quarter. The company’s revenue for the quarter 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 Buying and Selling at Netskope

In other news, CFO Matto Andrew H. Del sold 77,207 shares of the firm’s 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 directly owned 41,493 shares in the company, valued at approximately $702,061.56. This trade represents a 65.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Beri sold 346,061 shares of Netskope stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $16.91, for a total transaction of $5,851,891.51. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,049,721 shares of company stock worth $18,020,279 over the last 90 days.

Hedge Funds Weigh In On Netskope

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC bought a new stake in shares of Netskope during the fourth quarter worth $25,000. Quarry LP bought a new position in shares of Netskope in the 3rd quarter valued at $41,000. Triumph Capital Management boosted its holdings in shares of Netskope by 380.0% during the 4th quarter. Triumph Capital Management now owns 2,400 shares of the company’s stock valued at $42,000 after acquiring an additional 1,900 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Netskope by 261.7% during the 4th quarter. Wells Fargo & Company MN now owns 3,617 shares of the company’s stock valued at $63,000 after acquiring an additional 2,617 shares in the last quarter. Finally, Leonteq Securities AG bought a new stake in Netskope during the 4th quarter worth $64,000.

Netskope News Roundup

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

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.