Wall Street Analysts Predict a 41.38% Upside in Netskope (NTSK): Here's What You Should Know

Core Viewpoint - Netskope (NTSK) shares have increased by 2.3% over the past four weeks, closing at $19.26, with a mean price target of $27.23 indicating a potential upside of 41.4% [1] Price Targets and Analyst Estimates - The mean estimate consists of 13 short-term price targets with a standard deviation of $1.09, where the lowest estimate is $26.00 (35% increase) and the highest is $30.00 (55.8% increase) [2] - A low standard deviation suggests a high level of agreement among analysts regarding price movement [2][9] Earnings Estimates and Market Sentiment - Analysts are optimistic about Netskope's earnings, with a positive trend in earnings estimate revisions indicating potential stock upside [4][11] - The Zacks Consensus Estimate for the current year has risen by 56.5% over the past month, with five estimates increasing and no negative revisions [12] Zacks Rank and Investment Potential - Netskope holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting exact gains, they can provide guidance on price movement direction [14]