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RBC Capital Raises Netskope (NTSK) PT Following Impressive Public Debut and Accelerating ARR Growth
Yahoo Finance· 2025-12-31 16:33
Netskope Inc. (NASDAQ:NTSK) is one of the best low priced technology stocks to buy according to analysts. On December 12, RBC Capital analyst Matthew Hedberg raised the firm’s price target on Netskope to $27 from $26 and maintained an Outperform rating on the shares. In its debut earnings report as a public company, the company delivered impressive results highlighted by a further acceleration in annual recurring revenue/ARR. The firm noted that the strength was widespread, with Netskope showing improved e ...
Netskope Analysts Boost Their Forecasts Following Q3 Results
Benzinga· 2025-12-12 17:32
Core Insights - Netskope Inc reported a third-quarter loss of 10 cents per share, outperforming the analyst consensus estimate of a 40 cents loss per share [1] - The company achieved quarterly sales of $184.200 million, exceeding the analyst consensus estimate of $175.919 million [1] - For FY25, Netskope anticipates adjusted losses between 53 cents to 51 cents per share, with projected revenue of $701 million to $703 million [1] Group 1 - CEO Sanjay Beri highlighted strong demand for the Netskope One platform, driven by cloud modernization and AI, and emphasized the company's estimated $149 billion market opportunity [2] - Despite positive earnings, Netskope shares fell by 11.4% to $20.81 following the announcement [2] Group 2 - Analysts have adjusted their price targets for Netskope post-earnings, with Keybanc raising the target from $27 to $28 while maintaining an Overweight rating [4] - Mizuho maintained an Outperform rating and increased the price target from $25 to $26 [4] - RBC Capital also maintained an Outperform rating, raising the price target from $26 to $27 [4]
Netskope Announces Strong Third Quarter Fiscal Year 2026 Financial Results
Globenewswire· 2025-12-11 21:05
ARR increased 34% year-over-year to $754 millionQ3 revenue increased 33% year-over-year to $184.2 millionSurpassed $1 billion in Remaining Performance Obligations, reflecting 41% year-over-year growthQ3 net cash provided by operating activities was $11.2 million, representing 6% of revenueQ3 free cash flow was $10.6 million, representing a positive 6% free cash flow margin SANTA CLARA, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- Netskope (NASDAQ:NTSK) a leader in modern security and networking for the cloud a ...