Netskope (NASDAQ:NTSK) Issues FY 2027 Earnings Guidance

Netskope (NASDAQ:NTSK) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of -0.180–0.180 for the period, compared to the consensus EPS 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 Analysts Forecast Growth

A number of research analysts have recently commented on the company. Wells Fargo & Company upped their price target on Netskope from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Oppenheimer reaffirmed an “outperform” rating and set a $19.00 price target (down from $23.00) on shares of Netskope in a research report on Thursday, March 12th. TD Cowen dropped their price target on Netskope from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Royal Bank Of Canada dropped their price target on Netskope from $19.00 to $14.00 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Finally, FBN Securities assumed coverage on Netskope in a research report on Wednesday, February 25th. They set an “outperform” rating and a $15.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $18.42.

Netskope Price Performance

Shares of NASDAQ NTSK opened at $12.40 on Thursday. The firm has a market capitalization of $4.96 billion and a P/E ratio of -88.57. The company has a quick ratio of 2.12, a current ratio of 2.13 and a debt-to-equity ratio of 3.71. The stock’s 50-day simple moving average is $10.24 and its two-hundred day simple moving average is $13.49. Netskope has a twelve month low of $7.66 and a twelve month high of $27.99.

Netskope (NASDAQ:NTSK) last announced its earnings results on Wednesday, June 3rd. The company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.01. The business had revenue of $201.59 million during the quarter. The business’s revenue for the quarter 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. As a group, equities analysts anticipate that Netskope will post -0.19 EPS for the current fiscal year.

Key Headlines Impacting 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

Hedge Funds Weigh In On Netskope

Several institutional investors and hedge funds have recently bought and sold shares of NTSK. Quarry LP bought a new position in Netskope during the 3rd quarter worth approximately $41,000. Triumph Capital Management grew its position in Netskope by 380.0% during the 4th quarter. Triumph Capital Management now owns 2,400 shares of the company’s stock worth $42,000 after acquiring an additional 1,900 shares during the last quarter. Wells Fargo & Company MN grew its position in Netskope by 261.7% during the 4th quarter. Wells Fargo & Company MN now owns 3,617 shares of the company’s stock worth $63,000 after acquiring an additional 2,617 shares during the last quarter. Advisors Asset Management Inc. bought a new position in Netskope during the 4th quarter worth approximately $64,000. Finally, Federation des caisses Desjardins du Quebec grew its position in Netskope by 35.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,200 shares of the company’s stock worth $161,000 after acquiring an additional 2,400 shares during 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.