Netskope (NASDAQ:NTSK) Stock Gets Price Target Bump from BTIG Research

Netskope (NASDAQ:NTSK) had its price objective boosted by investment analysts at BTIG Research from $18.00 to $22.00 in a report released on Tuesday, Marketbeat.com reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price objective suggests a potential upside of 14.35% from the stock’s previous close.

A number of other analysts have also weighed in on the company. Morgan Stanley upped their price objective on Netskope from $14.00 to $16.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. BMO Capital Markets raised their price objective on shares of Netskope from $13.00 to $18.00 and gave the company an “outperform” rating in a report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft set a $17.00 price target on Netskope in a report on Monday, August 17th. Piper Sandler boosted their price objective on shares of Netskope from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. Finally, Stephens began coverage on shares of Netskope in a research report on Monday, September 14th. They issued an “overweight” rating and a $21.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.32.

Netskope Stock Down 2.0%

Shares of NASDAQ:NTSK opened at $19.24 on Tuesday. The firm has a market capitalization of $7.86 billion and a PE ratio of -7.55. Netskope has a 1 year low of $7.66 and a 1 year high of $24.98. The company has a debt-to-equity ratio of 4.45, a current ratio of 2.01 and a quick ratio of 2.00. The firm’s 50-day moving average is $15.72 and its two-hundred day moving average is $12.37.

Netskope (NASDAQ:NTSK) last posted its quarterly earnings data on Wednesday, September 2nd. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.23. Netskope had a negative net margin of 91.84% and a negative return on equity of 83.84%. The business had revenue of $220.54 million during the quarter. Netskope has set its FY 2027 guidance at -0.150–0.150 EPS and its Q3 2027 guidance at -0.040–0.030 EPS. Analysts predict that Netskope will post -0.82 EPS for the current year.

Insider Activity

In other Netskope news, major shareholder Lightspeed Venture Partners Se sold 10,621 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $14.90, for a total transaction of $158,252.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Iconiq Strategic Partners Viii acquired 64,771 shares of the firm’s stock in a transaction on Monday, July 13th. The shares were bought at an average cost of $12.42 per share, with a total value of $804,455.82. Following the completion of the transaction, the insider directly owned 916,690 shares in the company, valued at $11,385,289.80. This trade represents a 7.60% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders acquired 612,798 shares of company stock valued at $7,533,630. Insiders own 25.52% of the company’s stock.

Hedge Funds Weigh In On Netskope

A number of large investors have recently bought and sold shares of NTSK. Wasatch Advisors LP acquired a new stake in shares of Netskope in the 2nd quarter worth $25,107,000. Principal Financial Group Inc. lifted its position in Netskope by 31.4% in the first quarter. Principal Financial Group Inc. now owns 2,547,468 shares of the company’s stock valued at $21,628,000 after purchasing an additional 608,355 shares during the period. New York Life Insurance Co. purchased a new stake in Netskope in the 2nd quarter valued at approximately $11,325,580. Wellington Management Group LLP purchased a new stake in Netskope in the 2nd quarter valued at approximately $2,027,000. Finally, Bank of New York Mellon Corp increased its position in Netskope by 1,381.8% during the 1st quarter. Bank of New York Mellon Corp now owns 475,918 shares of the company’s stock worth $4,041,000 after purchasing an additional 443,800 shares during the period.

More Netskope News

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: BTIG upgraded Netskope to Buy and raised its price target to $22 from $18, implying additional upside based on the reference price. The upgrade helped drive a sharp move higher in the shares. Netskope Stock Jumps Following Analyst Upgrade
• Positive Sentiment: Unusually heavy call-option buying suggests some traders are positioning for further gains. Investors purchased 7,246 calls, approximately 75% above the average volume of 4,152 contracts. This is a sentiment indicator rather than a fundamental change, but it can support near-term momentum. Traders Purchase High Volume of Netskope Call Options
• Positive Sentiment: Netskope launched the AgentSkope Marketplace, a single console for browsing, deploying, and managing AI agents. The offering could strengthen the company’s position in AI security and networking while making it easier for enterprise customers to adopt its products. Netskope Unveils AgentSkope Marketplace
• Positive Sentiment: BTIG reported rising demand for Netskope and other cloud-security providers ahead of third-quarter earnings, reinforcing expectations for continued revenue momentum and potentially stronger forward guidance. Rising Demand Ahead of Q3 Earnings
• Neutral Sentiment: Upcoming earnings remain the next major catalyst. The market will look for evidence that demand is translating into revenue growth, improving losses, and stronger guidance after Netskope’s recent rally.
• Negative Sentiment: Valuation and profitability remain risks. Netskope continues to report sizable losses, and options activity and analyst targets can amplify volatility if earnings or guidance disappoint.

Netskope Company Profile

Netskope, Inc is a cloud security company that provides technology for protecting data, users, applications and networks in modern digital environments. Its platform is designed to help organizations secure access to cloud services, web applications, private applications and other internet-connected resources while supporting distributed workforces and hybrid IT infrastructures.

The company’s products include cloud access security broker (CASB) capabilities, secure web gateway services, zero trust network access, data loss prevention, cloud firewall functionality and security analytics.