Netskope (NASDAQ:NTSK) Releases Q2 2027 Earnings Guidance

Netskope (NASDAQ:NTSK) issued an update on its second quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of -0.070–0.060 for the period, compared to the consensus estimate of -0.070. The company issued revenue guidance of $213.0 million-$215.0 million, compared to the consensus revenue estimate of $211.9 million. Netskope also updated its FY 2027 guidance to -0.180–0.180 EPS.

Netskope Trading Up 2.6%

NASDAQ NTSK opened at $12.40 on Thursday. The company has a market cap of $4.96 billion and a PE ratio of -88.57. The company has a current ratio of 2.13, a quick ratio of 2.12 and a debt-to-equity ratio of 3.71. Netskope has a 12 month low of $7.66 and a 12 month high of $27.99. The stock has a 50 day moving average of $10.24 and a 200-day moving average of $13.49.

Netskope (NASDAQ:NTSK) last released its quarterly earnings data on Wednesday, June 3rd. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.01. The company had revenue of $201.59 million during the quarter. Netskope’s quarterly revenue was up 27.8% on a year-over-year basis. Netskope has set its Q2 2027 guidance at -0.070–0.060 EPS and its FY 2027 guidance at -0.180–0.180 EPS. On average, equities research analysts anticipate that Netskope will post -0.19 EPS for the current fiscal year.

Analyst Ratings Changes

NTSK has been the subject of several recent analyst reports. Wells Fargo & Company increased their price objective on Netskope from $13.00 to $14.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. FBN Securities initiated coverage on Netskope in a report on Wednesday, February 25th. They issued an “outperform” rating and a $15.00 price objective for the company. TD Cowen cut their price objective on Netskope from $30.00 to $25.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. JPMorgan Chase & Co. cut their price target on Netskope from $23.00 to $19.00 and set an “overweight” rating for the company in a report on Thursday, March 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Netskope in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Netskope presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.42.

Trending Headlines about Netskope

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Netskope’s fiscal Q1 earnings beat estimates, with adjusted EPS of -$0.06 versus the -$0.07 consensus, on revenue of $201.59 million. Netskope: Fiscal Q1 Earnings Snapshot
• Positive Sentiment: The company’s FY2027 revenue guidance of $879 million to $883 million topped analyst expectations, and Q2 revenue guidance of $213 million to $215 million also came in slightly above consensus. Netskope Announces Strong Fiscal First Quarter 2027 Financial Results
• Positive Sentiment: Netskope said it joined Anthropic’s Project Glasswing, highlighting its role in AI security and vulnerability detection at scale. Netskope Joins Anthropic’s Project Glasswing
• Positive Sentiment: The company unveiled AI Command Center, a new platform for AI discovery, risk intelligence, and autonomous response, which could support longer-term growth in the security software market. netskope-unveils-ai-command-center-delivering-comprehensive-ai-discovery-and-correlated-risk-intelligence-with-fully-coordinated-agentic-response
• Neutral Sentiment: Netskope’s earnings release framed the quarter as strong, but the company remains unprofitable, so investors will likely focus on whether growth and guidance can keep improving. Netskope Announces Strong Fiscal First Quarter 2027 Financial Results

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NTSK. Scge Management L.P. bought a new position in Netskope during the 3rd quarter worth $312,104,000. Public Sector Pension Investment Board bought a new position in Netskope during the 4th quarter worth $60,882,000. Alta Park Capital LP bought a new position in Netskope during the 3rd quarter worth $29,840,000. Alliancebernstein L.P. bought a new position in Netskope during the 3rd quarter worth $19,776,000. Finally, Franklin Resources Inc. increased its position in Netskope by 101.9% during the 4th quarter. Franklin Resources Inc. now owns 1,551,232 shares of the company’s stock worth $27,209,000 after buying an additional 783,092 shares during the period.

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.