Wall Street Bullish on Netskope, Inc. (NTSK), Here’s Why

Core Insights - Netskope, Inc. (NASDAQ:NTSK) is recognized as one of the best young tech stocks to buy, with Wall Street showing bullish sentiment following its first earnings release post-IPO [1] - The company reported a fiscal third quarter 2026 revenue growth of 33% year-over-year, reaching $184.17 million, exceeding estimates by $8.12 million [2] - Netskope's annual recurring revenue (ARR) increased by 34% year-over-year to $754 million as of October 31, 2025, indicating strong financial health and market share [2][3] Financial Performance - The company achieved an EPS of negative $0.10, which was better than expectations by $0.15 [2] - Revenue growth was attributed to cloud modernization and AI, driving demand for the Netskope One platform [2] Analyst Insights - Analyst Meta Marshall from Morgan Stanley reiterated a Buy rating with a price target of $27, highlighting the increase in ARR as a sign of good financial health [1][3] - The anticipated growth rate for Netskope is projected to be between 25% to 30% annually, supported by increased hiring and a strong sales team performance [3] Market Position - Netskope is positioned as a technology leader in cloud network security, with a unique architecture that enhances protection and performance amid rising cyber threats [3] - The company has a significant legacy replacement opportunity, suggesting durable growth potential over the next three to five years [3]