Netskope, Inc. (NASDAQ:NTSK) is one of the stocks Jim Cramer recently provided insights on. When a caller inquired about the company, mentioning that it recently came public, Cramer stated: “Look, there’s two cybersecurity companies. There’s CrowdStrike and there’s Palo Alto, and then there’s just everybody else. And we’re going with CrowdStrike. We’re going with Palo Alto.” Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels Netskope, Inc. (NASDAQ:NTSK) provides cl ...

Adoption of AI is pushing CIOs into broader strategic roles, with greater responsibilities in transformation, cost control and workforce managementHowever, 39% say they’re misaligned with their CEOs on key decisions41% of CIOs say their business needs to invest more in IT infrastructure and 34% do not feel empowered by their CEO to make long-term IT strategy decisions SANTA CLARA, Calif., Oct. 13, 2025 (GLOBE NEWSWIRE) -- Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and ...

Company Overview - Netskope is a cybersecurity firm that operates a cloud-based Secure Access Service Edge (SASE) platform, supporting remote workers and branch offices [2] - Founded in 2012, Netskope competes with companies like Palo Alto Networks and Zscaler [2] IPO Details - In its initial public offering (IPO), Netskope raised over $900 million with a valuation of $7.3 billion, pricing shares at $19 [1] - Following the IPO, Netskope's stock increased by 18%, reaching $22.43 during midday trading [1] Financial Performance - For the six months ending July 31, Netskope reported a revenue increase of 31% year-over-year, totaling $328 million [2] - The company experienced a net loss of $170 million, which is an improvement from a $207 million loss in the previous year [2] Strategic Focus - Netskope's platform is designed to leverage AI for enhanced security and control over digital interactions, aiming to protect data and organizations from threats and data leaks in real time [3] - The company has a strategic focus on key markets including financial services, healthcare, and federal government [3]

Company Overview - Netskope Inc. raised $908.2 million in a US initial public offering (IPO) priced at the top of the marketed range, selling 47.8 million shares at $19 per share [1] - The company is based in Santa Clara, California, and is backed by Lightspeed Venture Partners [1] Financial Performance - For the six months ended July 31, Netskope reported a net loss of $169.5 million on revenue of $328.5 million, compared to a net loss of $206.7 million on revenue of $251.3 million in the same period the previous year [5] Market Valuation - The IPO pricing gives Netskope a market value of approximately $7.3 billion, based on the number of shares in its filings with the US Securities and Exchange Commission [2] - The IPO was about 20 times oversubscribed, indicating strong investor demand [2] Industry Context - The listing signifies a resurgence of technology IPOs, with the sector raising $12 billion year-to-date, nearly 80% above the amount raised in the same period last year [3] - The current stock market rally is driven by investor interest in artificial intelligence, overshadowing concerns about tariffs and a weakening labor market [3] Customer Base and Product Offering - Netskope's cloud-native platform, Netskope One, incorporates AI models to help companies protect customers from threats and secure sensitive data [6] - Notable customers include Colgate-Palmolive Co., Home Depot Inc., and Bayer AG [6] Shareholder Structure - Post-IPO, Lightspeed is expected to hold the greatest share of voting power at 19.2%, followed by Iconiq Capital at 19.1% and Accel Partners at 8.8% [6] IPO Details - The offering is led by Morgan Stanley and JPMorgan Chase & Co., with shares expected to trade on the Nasdaq Global Select Market under the symbol NTSK [7]

Core Points - Netskope has announced the pricing of its initial public offering (IPO) at $19.00 per share for 47,800,000 shares of Class A common stock, with all shares being sold by the company [1] - The shares are set to begin trading on the Nasdaq Global Select Market under the ticker symbol "NTSK" on September 18, 2025, with the offering expected to close on September 19, 2025, pending customary closing conditions [2] - The underwriters have been granted a 30-day option to purchase an additional 7,170,000 shares to cover over-allotments [2] Underwriters and Management - Morgan Stanley and J.P. Morgan are acting as lead book-running managers for the IPO, with several other financial institutions participating as additional book-running managers [3] Regulatory Information - A registration statement for the securities was declared effective by the Securities and Exchange Commission on September 17, 2025, and the offering is being made only by means of a prospectus [4] Company Overview - Netskope is recognized as a leader in modern security and networking for the cloud and AI era, providing optimized access and real-time, context-based security for users, devices, and data [6] - The company serves thousands of customers, including over 30% of the Fortune 100, utilizing its Netskope One platform, Zero Trust Engine, and NewEdge network to enhance security and performance [6]

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]