Netskope (NASDAQ:NTSK) Releases FY 2027 Earnings Guidance

Netskope (NASDAQ:NTSK) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -0.180–0.180 for the period, compared to the consensus estimate of -0.190. The company issued revenue guidance of $879.0 million-$883.0 million, compared to the consensus revenue estimate of $874.9 million. Netskope also updated its Q2 2027 guidance to -0.070–0.060 EPS.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NTSK. Weiss Ratings restated a “sell (d-)” rating on shares of Netskope in a research note on Friday, March 27th. Rosenblatt Securities began coverage on Netskope in a research note on Tuesday, April 14th. They set a “buy” rating and a $15.00 price objective for the company. Piper Sandler decreased their price objective on Netskope from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday. Deutsche Bank Aktiengesellschaft decreased their price objective on Netskope from $22.00 to $16.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. Finally, Citizens Jmp decreased their price objective on Netskope from $23.00 to $17.00 and set a “market outperform” rating for the company in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $17.21.

Netskope Trading Down 19.1%

Netskope stock opened at $10.03 on Friday. The stock has a 50-day moving average of $10.26 and a two-hundred day moving average of $13.42. The company has a debt-to-equity ratio of 3.71, a quick ratio of 2.12 and a current ratio of 2.13. Netskope has a one year low of $7.66 and a one year high of $27.99. The stock has a market cap of $4.02 billion and a PE ratio of -71.64.

Netskope (NASDAQ:NTSK) last released its quarterly earnings results on Wednesday, June 3rd. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.01. The business had revenue of $201.59 million during the quarter. Netskope’s revenue 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. On average, research analysts anticipate that Netskope will post -0.19 EPS for the current fiscal year.

Netskope News Summary

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Netskope reported Q1 EPS of -$0.06, slightly better than the -$0.07 consensus, and revenue of $201.6 million rose 27.8% year over year, showing continued top-line momentum. Earnings report reference
• Positive Sentiment: The company also issued Q2 and full-year FY2027 guidance that came in slightly better than Wall Street expectations for revenue and roughly in line to slightly better on EPS, suggesting management remains confident in growth. Results press release
• Neutral Sentiment: Several analysts trimmed price targets but largely kept bullish ratings, with BMO, RBC, BTIG, and Baird all lowering targets while maintaining outperform/buy views, which signals cautious optimism rather than a full sentiment shift. Analyst updates reference
• Neutral Sentiment: Short interest rose 67.1% in May, indicating more traders are betting against the stock and potentially adding to near-term volatility. Short interest article reference
• Negative Sentiment: Despite the earnings beat, investors appeared disappointed by the scale of the recurring revenue outperformance and broader profitability trajectory, which helped trigger the selloff after results. Recurring revenue article reference

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Virtu Financial LLC boosted its position in Netskope by 239.4% during the fourth quarter. Virtu Financial LLC now owns 32,512 shares of the company’s stock worth $570,000 after purchasing an additional 22,932 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in Netskope by 14.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,556,583 shares of the company’s stock worth $62,383,000 after purchasing an additional 456,321 shares in the last quarter. XTX Topco Ltd boosted its position in Netskope by 11.3% during the fourth quarter. XTX Topco Ltd now owns 28,956 shares of the company’s stock worth $508,000 after purchasing an additional 2,950 shares in the last quarter. Bamco Inc. NY boosted its position in Netskope by 28.1% during the fourth quarter. Bamco Inc. NY now owns 2,981,743 shares of the company’s stock worth $52,300,000 after purchasing an additional 654,964 shares in the last quarter. Finally, Freestone Grove Partners LP boosted its position in Netskope by 25.1% during the fourth quarter. Freestone Grove Partners LP now owns 250,147 shares of the company’s stock worth $4,388,000 after purchasing an additional 50,147 shares in the last quarter.

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.