Cybersecurity Stocks: Netskope Hikes IPO Price, Aims To Raise $900 Million

Core Insights - Netskope is set to raise over $900 million in its IPO, with a valuation of $7.3 billion, marking the second IPO for cybersecurity stocks in 2025 [2][3] - The company reported a 31% year-over-year revenue increase to $328 million for the first half of 2025, despite a net loss of $170 million, which is an improvement from a loss of $207 million the previous year [3] Company Overview - Netskope operates a cloud-based Secure Access Service Edge (SASE) platform, catering to remote workers and branch offices [2] - Founded in 2012, Netskope competes with major players like Palo Alto Networks and Zscaler [2] Market Performance - In 2025, cybersecurity stocks have shown varied performance, with Cloudflare up 105% and CrowdStrike gaining 29% [5][6] - Zscaler stock has increased by 55%, while Palo Alto Networks has seen a 10% rise this year [6] Strategic Focus - Netskope targets financial services, healthcare, and federal government markets [5] - The company's CEO emphasized the use of AI for enhanced security and real-time data protection [4]