Robert W. Baird Cuts Netskope (NASDAQ:NTSK) Price Target to $20.00

Netskope (NASDAQ:NTSK) had its price target reduced by research analysts at Robert W. Baird from $27.00 to $20.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s price target suggests a potential upside of 64.88% from the company’s current price.

A number of other analysts have also recently commented on the stock. Mizuho lowered their target price on shares of Netskope from $26.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday, February 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Netskope in a research note on Monday, December 29th. Morgan Stanley decreased their price target on Netskope from $27.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday. KeyCorp dropped their price objective on shares of Netskope from $24.00 to $17.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 17th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Netskope in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.24.

Netskope Price Performance

Shares of NTSK stock opened at $12.13 on Thursday. The stock has a market capitalization of $4.77 billion and a P/E ratio of -121.30. The company has a debt-to-equity ratio of 5.17, a quick ratio of 2.32 and a current ratio of 2.32. The company’s 50 day moving average is $13.50. Netskope has a 1 year low of $9.13 and a 1 year high of $27.99.

Netskope (NASDAQ:NTSK) last posted its quarterly earnings data on Wednesday, March 11th. The company reported ($0.04) earnings per share (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 revenue was up 32.2% on a year-over-year basis. 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, CRO Raphael Bousquet sold 3,823 shares of Netskope stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $16.66, for a total value of $63,691.18. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Sanjay Beri sold 346,061 shares of the 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 SEC filing for this sale provides additional information. Insiders sold 1,049,721 shares of company stock valued at $18,020,279 over the last quarter.

Hedge Funds Weigh In On Netskope

A number of institutional investors and hedge funds have recently bought and sold shares of NTSK. New York Life Insurance Co. purchased a new position in Netskope in the 3rd quarter worth approximately $31,236,000. Federated Hermes Inc. acquired a new stake in shares of Netskope in the third quarter valued at approximately $18,184,000. Massachusetts Financial Services Co. MA purchased a new position in Netskope during the third quarter worth approximately $72,463,000. TD Asset Management Inc acquired a new position in Netskope during the third quarter worth $5,005,000. Finally, Principal Financial Group Inc. purchased a new stake in shares of Netskope in the third quarter valued at about $27,239,000.

Key Headlines Impacting Netskope

Here are the key news stories impacting Netskope this week:

• Positive Sentiment: Q4 results beat and strong growth — Netskope reported ($0.04) EPS vs. consensus ($0.06) loss and revenue of $196.3M, up 32% YoY; ARR grew ~31% to $811M and operating cash flow was positive. These operational metrics support higher revenue visibility and justify valuation re‑rating potential. GlobeNewswire Press Release
• Positive Sentiment: FY revenue target raised above consensus — Management set FY 2027 revenue guidance of $870M–$876M vs. Street $865.5M, and Q1 revenue guidance roughly in line with consensus. The modest upside to revenue estimates is a near‑term catalyst. Seeking Alpha: Revenue Target
• Positive Sentiment: AI product launch supports forward growth story — Netskope unveiled “Netskope One AI Security,” positioning the company as an AI‑native security platform; this can expand enterprise wallet share and justify premium multiples if adoption follows. Business Insider: Netskope One AI Security
• Positive Sentiment: Analyst sentiment supports demand — Brokerages’ consensus is “Moderate Buy,” which can encourage inflows from institutional and momentum investors. American Banking News: Analyst Consensus
• Neutral Sentiment: Guidance mixed on profitability — Q1 EPS guide of -$0.07 to -$0.06 is slightly wider/near‑term pressured vs. consensus (-$0.06), while FY EPS range (-$0.19 to $0.19) is roughly in line to a touch better than expectations; revenue guidance is the more constructive element. Investor Presentation
• Neutral Sentiment: Earnings call and transcript available — Management commentary and slide deck provide detail on product cadence, sales efficiency and AI roadmap; watch for customer traction metrics on future calls. Seeking Alpha: Call Transcript
• Negative Sentiment: Shareholder investigation announced — Law firm Johnson Fistel is investigating potential claims against Netskope executives under federal securities laws; such probes can create legal/settlement risk and near‑term headline volatility. GlobeNewswire: Investigation

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.